Imperial Petroleum Inc. (IMPP)

NASDAQ: IMPP · Real-Time Price · USD
2.840
+0.080 (2.90%)
At close: Dec 20, 2024, 4:00 PM
2.900
+0.060 (2.11%)
Pre-market: Dec 23, 2024, 8:42 AM EST
2.90%
Market Cap 86.14M
Revenue (ttm) 151.15M
Net Income (ttm) 41.73M
Shares Out 30.33M
EPS (ttm) 1.51
PE Ratio 1.88
Forward PE 1.93
Dividend n/a
Ex-Dividend Date n/a
Volume 205,995
Open 2.760
Previous Close 2.760
Day's Range 2.740 - 2.855
52-Week Range 2.505 - 4.590
Beta 1.00
Analysts n/a
Price Target n/a
Earnings Date Feb 11, 2025

About IMPP

Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carri... [Read more]

Sector Energy
Founded 1981
Employees 74
Stock Exchange NASDAQ
Ticker Symbol IMPP
Full Company Profile

Financial Performance

In 2023, Imperial Petroleum's revenue was $183.73 million, an increase of 89.37% compared to the previous year's $97.02 million. Earnings were $59.99 million, an increase of 142.23%.

Financial Statements

News

IMPERIAL PETROLEUM INC. Declares Dividend on Series A Preferred Shares

ATHENS, Greece, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”),  a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transport...

12 days ago - GlobeNewsWire

Imperial Petroleum Inc. (IMPP) Q3 2024 Earnings Call Transcript

Imperial Petroleum Inc. (NASDAQ:IMPP) Q3 2024 Earnings Conference Call December 2, 2024 10:00 AM ET Company Participants Harry Vafias - President, Chief Executive Officer and Chairman Fenia Sakellari...

20 days ago - Seeking Alpha

IMPERIAL PETROLEUM INC. Reports Third Quarter and Nine Months 2024 Financial and Operating Results

ATHENS, Greece, Dec. 02, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportat...

20 days ago - GlobeNewsWire

Imperial Petroleum Inc. Announces the Date for the Release of Third Quarter and Nine Months 2024 Financial and Operating Results, Conference Call and Webcast

ATHENS, Greece, Nov. 27, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today t...

25 days ago - GlobeNewsWire

Imperial Petroleum: From A Dilution Machine To A Potential NAV Convergence Opportunity

Imperial Petroleum has shifted from aggressive dilution and related-party dealings to a more shareholder-friendly approach, marked by significant insider accumulation and a $10 million share buyback p...

3 months ago - Seeking Alpha

IMPERIAL PETROLEUM INC. Declares Dividend on Series A Preferred Shares

ATHENS, Greece, Sept. 15, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transport...

3 months ago - GlobeNewsWire

Imperial Petroleum Series A Preferreds: Solid, But Not A Bargain Anymore - Hold

Imperial Petroleum's solid financial results and pristine balance sheet warrant a closer look at the company's 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares. At Friday's closing pric...

3 months ago - Seeking Alpha

Imperial Petroleum: Good Quarter, Pristine Balance Sheet, Discounted Valuation - Buy

On Tuesday, Imperial Petroleum reported decent Q2/2024 results with stable fleet utilization and consistent cash generation. The company ended the quarter with $129.8 million in cash and liquid invest...

4 months ago - Seeking Alpha

Imperial Petroleum Inc. (IMPP) Q2 2024 Earnings Call Transcript

Imperial Petroleum Inc. (NASDAQ:IMPP) Q2 2024 Earnings Conference Call August 27, 2024 11:00 AM ET Company Participants Fenia Sakellari - Chief Financial Officer Conference Call Participants Operator...

4 months ago - Seeking Alpha

Imperial Petroleum Inc. Reports Second Quarter and Six Months 2024 Financial and Operating Results

ATHENS, Greece, Aug. 27, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportat...

4 months ago - GlobeNewsWire

Imperial Petroleum Inc. Announces the Date for the Release of Second Quarter and Six Months 2024

ATHENS, Greece, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today...

4 months ago - GlobeNewsWire

Imperial Petroleum Inc. (IMPP) Q1 2024 Earnings Call Transcript

Imperial Petroleum Inc. (NASDAQ:IMPP) Q1 2024 Earnings Conference Call May 16, 2024 9:00 AM ET Company Participants Harry Vafias - Chairman, President and Chief Executive Officer Ifigeneia Sakellari ...

7 months ago - Seeking Alpha

Imperial Petroleum Inc. Reports First Quarter 2024 Financial and Operating Results

ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportatio...

7 months ago - GlobeNewsWire

Imperial Petroleum Inc. Announces the Date for the Release of First Quarter 2024 Financial and Operating Results, Conference Call and Webcast

ATHENS, Greece, May 14, 2024 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today tha...

7 months ago - GlobeNewsWire

Imperial Petroleum: Zero Debt And Attractive Preferred Units Yields

Imperial Petroleum has five MR product tankers, two Suezmax crude oil tankers, and 2 Handysize dry bulk carriers. The company's average fleet age is 14.6 years. IMPP has strong financials with zero ou...

10 months ago - Seeking Alpha

Imperial Petroleum (IMPP): US most shorted stock is thriving

Imperial Petroleum (NASDAQ: IMPP) stock price has had a remarkable run in the past few months. The stock, which bottomed at $1.17 in August last year, has risen by more than 174% to $3.22.

10 months ago - Invezz

Imperial Petroleum Inc. (IMPP) Q4 2023 Earnings Call Transcript

Imperial Petroleum Inc. (NASDAQ:IMPP) Q4 2023 Earnings Conference Call February 13, 2024 11:00 AM ET Company Participants Harry Vafias - Chairman, President and Chief Executive Officer Ifigeneia Sake...

11 months ago - Seeking Alpha

Imperial Petroleum Inc. Reports Fourth Quarter and Twelve Months 2023 Financial and Operating Results

ATHENS, Greece, Feb. 13, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportat...

11 months ago - GlobeNewsWire

Imperial Petroleum Inc. Announces the Date for the Release of Fourth Quarter and Twelve Months 2023 Financial and Operating Results, Conference Call and Webcast

ATHENS, Greece, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today...

11 months ago - GlobeNewsWire

Imperial Petroleum: CEO Harry Vafias Finally Aligns With Common Shareholders - Buy

For most of the past two years, Imperial Petroleum has diluted shareholders relentlessly in order to grow the company's fleet. However, the company has reversed course in recent months with the announ...

1 year ago - Seeking Alpha

Imperial Petroleum Inc. Announces Conversion of Outstanding Series C Convertible Preferred Stock

ATHENS, Greece, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportat...

1 year ago - GlobeNewsWire

Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares

ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportat...

1 year ago - GlobeNewsWire

Imperial Petroleum Inc. Announces Repurchase of 3.2 Million Warrants

ATHENS, Greece, Dec. 06, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportat...

1 year ago - GlobeNewsWire

Imperial Petroleum Inc. (IMPP) Q3 2023 Earnings Call Transcript

Imperial Petroleum Inc. (NASDAQ:IMPP) Q3 2023 Earnings Conference Call October 25, 2023 11:00 AM ET Company Participants Harry Vafias - CEO Ifigeneia Sakellari - Interim CFO Conference Call Participa...

1 year ago - Seeking Alpha

Imperial Petroleum Inc. Reports Third Quarter and Nine Months 2023 Financial and Operating Results

ATHENS, Greece, Oct. 25, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportat...

1 year ago - GlobeNewsWire