Empire Petroleum Corporation
US ˙ NYSEAM

Introduction

This page provides a comprehensive analysis of the known insider trading history of Phil E Mulacek. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Phil E Mulacek has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:EP / Empire Petroleum Corporation Director, 10% Owner 5,309,896
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Phil E Mulacek. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases EP / Empire Petroleum Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EP / Empire Petroleum Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2025-05-23 EP Mulacek Phil E 36,917 4.0500 36,917 4.0500 149,514 47 6.1300 76,788 51.36
2025-05-22 EP Mulacek Phil E 16,317 4.0500 16,317 4.0500 66,084
2025-05-21 EP Mulacek Phil E 6,384 4.0500 6,384 4.0500 25,855
2025-05-20 EP Mulacek Phil E 18,616 4.0436 18,616 4.0436 75,276
2025-05-19 EP Mulacek Phil E 4,482 3.9987 4,482 3.9987 17,922
2025-04-04 EP Mulacek Phil E 2,324 5.1200 2,324 5.1200 11,899
2025-04-04 EP Mulacek Phil E 76 5.0500 76 5.0500 384
2024-09-30 EP Mulacek Phil E 741 5.1600 741 5.1600 3,824
2024-09-25 EP Mulacek Phil E 1,373 4.9800 1,373 4.9800 6,838
2024-06-28 EP Mulacek Phil E 4,648 5.3900 4,648 5.3900 25,053
2024-06-28 EP Mulacek Phil E 600 5.6200 600 5.6200 3,372
2024-06-25 EP Mulacek Phil E 33,295 5.2900 33,295 5.2900 176,131
2023-05-31 EP Mulacek Phil E 20,377 8.9900 20,377 8.9900 183,189
2023-05-30 EP Mulacek Phil E 5,153 8.8300 5,153 8.8300 45,501
2022-12-19 EP Mulacek Phil E 94,707 9.9500 94,707 9.9500 942,335
2022-09-20 EP Mulacek Phil E 100 12.0000 100 12.0000 1,200
2022-09-19 EP Mulacek Phil E 90,759 11.7834 90,759 11.7834 1,069,450
2022-09-16 EP Mulacek Phil E 47,376 11.9157 47,376 11.9157 564,518
2022-06-30 EP Mulacek Phil E 42,209 11.6051 42,209 11.6051 489,840
2022-06-30 EP Mulacek Phil E 345 10.8971 345 10.8971 3,759
2022-06-30 EP Mulacek Phil E 6 10.8000 6 10.8000 65
2022-06-30 EP Mulacek Phil E 1,910 10.6741 1,910 10.6741 20,388
2022-06-29 EP Mulacek Phil E 17,055 10.5634 17,055 10.5634 180,159
2022-06-29 EP Mulacek Phil E 1,853 10.7084 1,853 10.7084 19,843
2021-09-28 EMPR Mulacek Phil E 900 1.6300 225 6.5200 1,467
2021-06-18 EMPR Mulacek Phil E 1,000 1.8779 250 7.5116 1,878

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EP / Empire Petroleum Corporation Insider Trades
Insider Sales EP / Empire Petroleum Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EP / Empire Petroleum Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EP / Empire Petroleum Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Phil E Mulacek as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-05-28 2025-05-23 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 36,917 5,309,896 0.70 4.05 149,514 21,505,079
2025-05-23 2025-05-22 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 16,317 5,272,979 0.31 4.05 66,084 21,355,565
2025-05-23 2025-05-21 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 6,384 5,256,662 0.12 4.05 25,855 21,289,481
2025-05-23 2025-05-20 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 18,616 5,250,278 0.36 4.04 75,276 21,230,024
2025-05-23 2025-05-19 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 4,482 5,231,662 0.09 4.00 17,922 20,919,847
2025-04-17 2025-04-15 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 10,000 5,227,180 0.19
2025-04-08 2025-04-04 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 76 5,217,180 0.00 5.05 384 26,346,759
2025-04-08 2025-04-04 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 2,324 5,217,104 0.04 5.12 11,899 26,711,572
2024-11-27 2024-11-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 4,172 42,833 10.79 5.05 21,069 216,307
2024-11-27 2024-11-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 49,687 485,202 11.41 5.05 250,919 2,450,270
2024-11-27 2024-11-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 49,556 526,300 10.39 5.05 250,258 2,657,815
2024-11-27 2024-11-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 76,899 817,262 10.39 5.05 388,340 4,127,173
2024-11-27 2024-11-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 507,546 5,214,780 10.78 5.05 2,563,107 26,334,639
2024-09-30 2024-09-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 741 4,707,234 0.02 5.16 3,824 24,289,327
2024-09-30 2024-09-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 1,373 4,706,493 0.03 4.98 6,838 23,438,335
2024-08-20 2024-08-16 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 205,427 740,363 38.40 5.16 1,060,003 3,820,273
2024-07-01 2024-06-28 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 600 534,936 0.11 5.62 3,372 3,006,340
2024-07-01 2024-06-28 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 4,648 4,705,120 0.10 5.39 25,053 25,360,597
2024-07-01 2024-06-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 33,295 4,700,472 0.71 5.29 176,131 24,865,497
2024-06-20 2024-04-22 4/A EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 7,937 38,661 25.83 5.00 39,685 193,305
2024-04-24 2024-04-22 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 183 15,907 1.16 5.00 915 79,535
2024-04-24 2024-04-22 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 89,516 435,515 25.87 5.00 447,580 2,177,575
2024-04-24 2024-04-22 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 97,994 476,744 25.87 5.00 489,970 2,383,720
2024-04-24 2024-04-22 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 109,836 534,336 25.87 5.00 549,180 2,671,680
2024-04-24 2024-04-22 4 EP EMPIRE PETROLEUM CORP
Common Stock
M - Exercise 918,461 4,667,177 24.50 5.00 4,592,305 23,335,885
2024-04-24 3/A EP EMPIRE PETROLEUM CORP
Common Stock
8,558,185
2024-04-24 3/A EP EMPIRE PETROLEUM CORP
Common Stock
1,698,000
2024-04-24 3/A EP EMPIRE PETROLEUM CORP
Common Stock
1,515,000
2024-04-24 3/A EP EMPIRE PETROLEUM CORP
Common Stock
1,323,996
2024-04-24 3/A EP EMPIRE PETROLEUM CORP
Common Stock
62,896
2023-12-01 2023-11-29 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 609,013 3,748,716 19.40 8.21 4,999,997 30,776,958
2023-12-01 2023-11-29 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 631,832 3,139,703 25.19 8.00 5,054,656 25,117,624
2023-06-12 2023-06-08 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 10,000 2,507,871 0.40
2023-06-01 2023-05-31 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 20,377 2,497,871 0.82 8.99 183,189 22,455,860
2023-06-01 2023-05-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 5,153 2,477,494 0.21 8.83 45,501 21,876,272
2023-01-03 2022-12-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 7,500 2,472,341 0.30
2022-12-21 2022-12-19 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 94,707 2,464,841 4.00 9.95 942,335 24,525,168
2022-10-13 2022-10-11 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 7,500 2,370,134 0.32
2022-09-23 2022-09-20 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 100 2,362,634 0.00 12.00 1,200 28,351,608
2022-09-20 2022-09-19 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 90,759 2,362,534 4.00 11.78 1,069,450 27,838,683
2022-09-20 2022-09-16 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 47,376 2,271,775 2.13 11.92 564,518 27,069,789
2022-08-31 2022-06-30 4/A EP EMPIRE PETROLEUM CORP
Common Stock
X - Other 15,000 343,750 4.56 2.00 30,000 687,500
2022-08-31 2022-06-30 4/A EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 1,910 2,224,399 0.09 10.67 20,388 23,743,457
2022-08-31 2022-06-30 4/A EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 6 2,222,489 0.00 10.80 65 24,002,881
2022-08-31 2022-06-30 4/A EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 345 2,222,483 0.02 10.90 3,759 24,218,619
2022-08-31 2022-06-30 4/A EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 42,209 2,222,138 1.94 11.61 489,840 25,788,134
2022-08-31 2022-06-29 4/A EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 1,853 2,179,929 0.09 10.71 19,843 23,343,552
2022-08-31 2022-06-29 4/A EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 17,055 2,178,076 0.79 10.56 180,159 23,007,888
2022-07-01 2022-06-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
X - Other 15,000 343,750 4.56 2.00 30,000 687,500
2022-07-01 2022-06-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 1,910 2,224,399 0.09 10.67 20,388 23,743,457
2022-07-01 2022-06-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 6 2,222,489 0.00 10.80 65 24,002,881
2022-07-01 2022-06-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 345 2,222,483 0.02 10.90 3,759 24,218,619
2022-07-01 2022-06-30 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 42,209 2,222,138 1.94 11.61 489,840 25,788,134
2022-07-01 2022-06-29 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 1,853 2,179,929 0.09 10.71 19,843 23,343,552
2022-07-01 2022-06-29 4 EP EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 17,055 2,178,076 0.79 10.56 180,159 23,007,888
2022-06-13 2022-06-09 4 EP EMPIRE PETROLEUM CORP
Common Stock
X - Other 15,000 30,000 100.00 2.00 30,000 60,000
2022-05-27 2022-05-25 4 EP EMPIRE PETROLEUM CORP
Common Stock
A - Award 15,000 2,161,021 0.70
2022-03-02 2022-02-28 4 EMPR EMPIRE PETROLEUM CORP
Common Stock
A - Award 24,000 8,584,085 0.28
2021-09-30 2021-09-28 4 EMPR EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 900 8,560,085 0.01 1.63 1,467 13,952,939
2021-06-22 2021-06-18 4 EMPR EMPIRE PETROLEUM CORP
Common Stock
P - Purchase 1,000 8,559,185 0.01 1.88 1,878 16,073,294
2021-04-05 3 EMPR EMPIRE PETROLEUM CORP
Common Stock
8,558,185
2021-04-05 3 EMPR EMPIRE PETROLEUM CORP
Common Stock
1,698,000
2021-04-05 3 EMPR EMPIRE PETROLEUM CORP
Common Stock
1,515,000
2021-04-05 3 EMPR EMPIRE PETROLEUM CORP
Common Stock
1,315,000
2021-04-05 3 EMPR EMPIRE PETROLEUM CORP
Common Stock
60,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)