EP Market Structure

Empire Petroleum Corporation (EP) operates in the Energy sector, specifically the Oil & Gas Exploration & Production industry, with a market capitalization near $97.5M, listed on AMEX, employing roughly 63 people, carrying a beta of 0.31 to the broader market. Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, New Mexico, North Dakota, Montana, and Texas. Led by Michael R. Morrisett, public since 1999-10-27.

Market structure data reveals where a stock trades across exchanges, dark pools, and alternative trading systems. Understanding off-exchange activity helps identify institutional trading patterns and liquidity dynamics.

Latest Week Ending
2026-04-27
Weekly OTC Shares
142.4K
Weekly OTC Trades
667
12-Week Total Shares
2.1M
Avg Trade Size (12-Week)
158 shares

How Single-Name Off-Exchange Volume Affects Options

For single-name equities, persistent off-exchange volume concentrations can flag institutional positioning - large blocks arranged through ATS venues to avoid lit-market impact, or correlation-arbitrage flow from sector rotation. The flow doesn't directly move the lit-market price (it prints at the ATS) but it changes the inventory position of the institutional counterparty, which then drives subsequent lit-market flow. Compare the off-exchange volume series above with EP's gamma exposure and options volume history to see whether unusual dark-pool activity coincides with rebalancing in the options book.

Showing 12 weeks of off-exchange trading data for Empire Petroleum Corporation.

Learn how market structure is reported and how to read the data →

Frequently asked EP market structure questions

What is the current EP off-exchange volume?
For the week ending Apr 27, 2026, Empire Petroleum Corporation (EP) recorded 142.4K shares across 667 trades (average trade size 214 shares). The 12-week cumulative total is 2.1M shares.
What does EP off-exchange volume mean for traders?
Off-exchange volume on a single-name equity reflects institutional block trades arranged through alternative trading systems (ATS) for liquidity rather than information reasons. Persistent ATS volume on a name can signal large institutional repositioning; the lit-market price impact lags the off-exchange print by hours to days as the institutional counterparty hedges or unwinds.
How is EP market-structure data sourced?
Weekly off-exchange volume figures come from FINRA's OTC Transparency reporting, which captures trades executed through FINRA-member off-exchange venues including ATSs and member firm internalization desks. FINRA publishes the data with a two-week lag (current-week-minus-two-weeks) for ATS-specific volume and weekly aggregate volume; the totals here aggregate all member firm reporting. Trades cleared via the listed-exchange auction are NOT included; the figure reflects only the off-exchange portion of total volume.