Imperial Petroleum (IMPPP) Expected to Announce Quarterly Earnings on Wednesday

Imperial Petroleum (NASDAQ:IMPPP) will likely be announcing its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.7280 per share and revenue of $72.0660 million for the quarter.

Imperial Petroleum Stock Up 0.0%

NASDAQ IMPPP opened at $25.85 on Tuesday. The stock’s 50-day moving average is $25.94 and its 200-day moving average is $26.04. Imperial Petroleum has a one year low of $24.85 and a one year high of $27.78.

Imperial Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.5469 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.19 annualized dividend and a dividend yield of 8.5%.

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.