Imperial Petroleum (IMPPP) Expected to Announce Earnings on Wednesday

Imperial Petroleum (NASDAQ:IMPPP) is expected to be issuing 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 Price Performance

NASDAQ IMPPP opened at $25.88 on Monday. The company has a fifty day simple moving average of $25.94 and a 200 day simple moving average of $26.04. Imperial Petroleum has a 12-month low of $24.85 and a 12-month high of $27.78.

Imperial Petroleum Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.5469 per share. The ex-dividend date was Thursday, June 25th. This represents a $2.19 annualized dividend and a 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.