Empire’s shareholders take care of business at annual meeting

Stockholders of Tulsa-based Empire Petroleum took care of business this week at their annual meeting.

A total of 29,755,906 shares of the Company’s common stock were entitled to vote as of April 22, 2024, the record date for the Annual Meeting. There were 22,783,040 shares present, in person or by proxy, at theAnnual Meeting (or 76.56% of the outstanding shares), at which the stockholders were asked to vote on four proposals.

One matter dealt with the 2024 Stock and Incentive Compensation Plan which was approved. The 2024 Plan reserves 700,000 shares of the Company’s common stock for issuance thereunder. As a result of such approval, no further awards will be made under the Company’s 2023 Stock and Incentive Compensation Plan.

      For         Against     Abstain   Broker


14,933,610 983,188 3,198 6,863,044



Stockholders also chose three directors who had been nominated in the proxy statement.

        For        Withheld   Broker


Michael R. Morrisett 15,503,025    416,971 6,863,044
Vice Admiral Andrew L. Lewis (Ret.) 14,570,886 1,349,110 6,863,044
J. Kevin Vann 15,060,385    859,611 6,863,044

Stockholders also gave their approval to executive officer compensation.

      For         Against    Abstain  Broker


14,931,019 985,772 3,205 6,863,044

Stockholders also voted in support of the appointment of GrantThornton LLP as the company’s independent registered public accounting firm for 2024.