Empire Petroleum Corporation (EP) Stock Split History

Empire Petroleum Corporation has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 12, 2013 with the ratio of 1-for-12, meaning that for 12 shares of EP owned pre-split, shareholders then owned 1 share. The most recent stock split took place on March 08, 2022 on a 1-for-4 basis.

These actions have increased EP stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Empire Petroleum Corporation's total market capitalization.

For more detailed information of Empire Petroleum Corporation's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Empire Petroleum Corporation has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when EP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Empire Petroleum Corporation's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.