Imperial Petroleum (IMPPP) to Release Quarterly Earnings on Monday

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

Imperial Petroleum Stock Up 0.3%

NASDAQ:IMPPP opened at $25.77 on Friday. The stock’s fifty day moving average price is $25.84 and its two-hundred day moving average price is $25.64. Imperial Petroleum has a 52-week low of $22.91 and a 52-week high of $27.50.

Imperial Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Wednesday, December 24th were issued a $0.5469 dividend. This represents a $2.19 annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend was Wednesday, December 24th.

Imperial Petroleum Company Profile

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.