Empire Energy Issues New Unquoted Securities

Story Highlights
Empire Energy Issues New Unquoted Securities

Empire Energy Group Limited ( (AU:EEG) ) has provided an update.

Empire Energy Group Limited has announced the issuance of 395,888 unquoted securities, specifically service rights, as of January 17, 2025. This move reflects the company’s ongoing efforts to manage its equity structure and could have implications for its financial strategy and stakeholder interests.

More about Empire Energy Group Limited

Empire Energy Group Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is primarily engaged in identifying and developing energy assets, with a market focus on expanding its portfolio of energy projects.

YTD Price Performance: -69.77%

Average Trading Volume: 17,708

Technical Sentiment Signal: Buy

Current Market Cap: $118.4M

See more insights into EEG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App