Imperial Petroleum (IMPPP) to Release Earnings on Monday

Imperial Petroleum (NASDAQ:IMPPP) is expected to be posting its results before the market opens on Monday, February 23rd. Analysts expect Imperial Petroleum to post earnings of $0.34 per share and revenue of $45.60 million for the quarter.

Imperial Petroleum Trading Up 0.3%

Shares of NASDAQ:IMPPP opened at $25.77 on Friday. Imperial Petroleum has a 12 month low of $22.91 and a 12 month high of $27.50. The firm’s 50-day moving average is $25.84 and its 200 day moving average is $25.64.

Imperial Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Wednesday, December 24th were given a dividend of $0.5469 per share. This represents a $2.19 annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Wednesday, December 24th.

About Imperial Petroleum

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 carriers with a total capacity of 791,000 deadweight tons.