Imperial Petroleum Inc. (IMPP)
Market Cap | 102.22M |
Revenue (ttm) | 147.51M |
Net Income (ttm) | 42.79M |
Shares Out | 30.33M |
EPS (ttm) | 1.69 |
PE Ratio | 1.99 |
Forward PE | 2.55 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 154,605 |
Open | 3.380 |
Previous Close | 3.400 |
Day's Range | 3.360 - 3.400 |
52-Week Range | 1.568 - 4.590 |
Beta | 1.10 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Dec 3, 2024 |
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]
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 StatementsNews
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
Imperial Petroleum Inc. Announces the Date for the Release of Third Quarter and Nine Months 2023 Financial and Operating Results, Conference Call and Webcast
ATHENS, Greece, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil and drybulk seaborne transportation services, announced tod...
Imperial Petroleum Inc. Announces Repurchase of 2.58 Million Warrants
ATHENS, Greece, Oct. 09, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportat...
IMPERIAL PETROLEUM INC. Declares Dividend on Series Preferred Shares
ATHENS, Greece, Sept. 15, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transport...
Imperial Petroleum announces $10 million share repurchase program and agreement to acquire two vessels
ATHENS, Greece, Sept. 07, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (Nasdaq: IMPP) (the “Company”) today announced that its Board of Directors has approved a share repurchase program and author...