tiprankstipranks
Trending News
More News >

Empire Energy Announces Change in Substantial Holding

Story Highlights
Empire Energy Announces Change in Substantial Holding

Confident Investing Starts Here:

Empire Energy Group Limited ( (AU:EEG) ) just unveiled an update.

Empire Energy Group Limited has announced a change in the substantial holding of its voting securities, with Macquarie Group Limited and its controlled entities adjusting their interests. This adjustment reflects a decrease in voting power from 7.57% to 6.53%, impacting the company’s shareholder structure and potentially influencing future strategic decisions.

The most recent analyst rating on (AU:EEG) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:EEG Stock Forecast page.

More about Empire Energy Group Limited

Empire Energy Group Limited operates in the energy sector, focusing on exploration and production of oil and gas resources. The company is primarily engaged in developing energy projects and holds a significant presence in the Australian market.

Average Trading Volume: 459,849

Technical Sentiment Signal: Sell

Current Market Cap: A$180.6M

For detailed information about EEG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report 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