IMPP - Imperial Petroleum Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
3.5800
-0.1200 (-3.24%)
At close: 04:00PM EDT
3.6500 +0.07 (+1.96%)
After hours: 05:20PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close3.7000
Open3.7600
Bid3.5700 x 1000
Ask3.7000 x 800
Day's Range3.5200 - 3.9399
52 Week Range2.0800 - 14.5500
Volume605,457
Avg. Volume843,238
Market Cap58.209M
Beta (5Y Monthly)N/A
PE Ratio (TTM)0.09
EPS (TTM)37.9800
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
39% Est. Return

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  • GlobeNewswire

    Imperial Petroleum Inc. Announces Record Date for Distribution of C3is Inc. Shares for Spin-Off of Two Drybulk Carriers

    ATHENS, Greece, June 02, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, today announced that the record date for the spin-off distribution of shares of common stock (“common shares”) of C3is Inc., the newly formed subsidiary that will act as the holding company for two of its drybulk carriers, is June 13, 2023. Stockholders and warrantholders of the Compa

  • GlobeNewswire

    Imperial Petroleum Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

    ATHENS, Greece, May 16, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (the “Company”) (Nasdaq: IMPP) today announced that it has received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. The letter noted that, as a result of the closing bid price of the Company's common stock having been at $1.00 per share or

  • GlobeNewswire

    Imperial Petroleum Inc. Reports Record Net Income of $35.7 Million for the First Quarter of 2023 Financial and Operating Results

    ATHENS, Greece, May 08, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2023. OPERATIONAL AND FINANCIAL HIGHLIGHTS Fleet operational utilization of 85% in Q1 23’ with 6 days of technical off hire and 495 (54%) of our fleet days dedicated to spot activity.Deli

  • GlobeNewswire

    Imperial Petroleum Inc. Announces the Date for the Release of First Quarter 2023 Financial and Operating Results, Conference Call and Webcast

    ATHENS, Greece, May 03, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its first quarter financial results for the period ended March 31, 2023 before the market opens in New York on May 8, 2023. On May 8, 2023 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook. Confer

  • GlobeNewswire

    Imperial Petroleum Announces the Full Repayment of All Outstanding Loans

    ATHENS, Greece, April 26, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced today that the Company recently repaid early and in full its sole remaining loan with a $16.0 million outstanding balance from Alpha Bank. This loan was secured with first priority mortgages on product tankers Clean Nirvana and Clean Justice. Following the recent early repa

  • GlobeNewswire

    Imperial Petroleum Inc. Announces Reverse Stock Split

    To be effective April 28, 2023 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq Shareholders’ percentage ownership interest will not be affected ATHENS, Greece, April 26, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (the “Company”) (Nasdaq: IMPP) today announced that its board of directors has determined to effect a one-for-fifteen (1-for-15) reverse stock split of the Company’s common stock, par value $0.01 per share. The reverse stock split will take effec

  • GlobeNewswire

    Imperial Petroleum Inc. Announces Proposed Spin-Off of Two of Its Drybulk Carriers

    ATHENS, Greece, April 13, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced that, through a wholly-owned subsidiary, it has filed a registration statement on Form F-1 pursuant to the Securities Act of 1933 to effect a spin-off of two of its drybulk carriers. C3is Inc., the newly formed subsidiary that will act as the holding company for the t

  • GlobeNewswire

    Imperial Petroleum Announces the Full Repayment Of Its $30.0 Million Outstanding Loan with NBG Bank

    ATHENS, Greece, April 11, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced today that the Company recently repaid early and in full the $30.0 million outstanding loan with NBG Bank. This loan was secured with first priority mortgages against the Suezmax tankers, the Suez Enchanted and the Suez Protopia. Following this loan repayment, Imperial Petr

  • GlobeNewswire

    Imperial Petroleum Announces the Full Repayment of its $23.2 Million Outstanding Loan with DNB ASA Bank

    ATHENS, Greece, April 03, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced today that the Company recently repaid early and in full the $23.2 million outstanding loan with DNB ASA Bank. This loan was secured with first priority mortgages against the product tankers Magic Wand, Clean Sanctuary and Clean Thrasher and against our Aframax tanker the S

  • GlobeNewswire

    Imperial Petroleum Announces Management Estimate of Net Asset Value Per Share- $1.39

    ATHENS, Greece, March 27, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced today that at March 27, 2023 the Company’s management, estimates Imperial Petroleum Inc’s Net Asset Value (“NAV”) to be $338.6 million, which is approximately 717% above its current market capitalization. The NAV which includes total outstanding cash of $142.2 million is in

  • GlobeNewswire

    Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares

    ATHENS, Greece, March 16, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, today announced a dividend of approximately $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on March 30, 2023 to holders of record as of March 27, 2023. The dividend payment relates to the period from

  • GlobeNewswire

    Imperial Petroleum Announces Termination of At-The-Market Equity Offering Program

    ATHENS, Greece, March 13, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”) announced today that it has provided notice of termination of the ATM equity offering program (the “ATM Offering”) that was in place with Maxim Group LLC and Virtu Americas LLC acting as sales agents. Prior to termination, the Company issued and sold 50,780,137 shares of its common stock under the ATM Offering raising total gross proceeds of approximately US$12.5 million. ABOUT IMPERIAL PETR

  • GlobeNewswire

    Imperial Petroleum Announces Agreement to Acquire Two Handysize Dry Bulk Carriers

    ATHENS, Greece, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”) announced today that it has entered into agreements to acquire two handysize drybulk carriers, built in Japan at Nakai Zosen in 2012 and at Shin Kurushima Onishi in 2013 respectively, with an aggregate capacity of approximately 71,000 dwt, from entities affiliated with our Chief Executive Officer, for aggregate cash consideration of $25.5 million and 13,875 shares of Series C Cumulative Conve

  • GlobeNewswire

    Imperial Petroleum Inc. Reports Fourth Quarter and Twelve Months 2022 Net Income of $13.8 and $29.5 Million Respectively, Financial and Operating Results

    ATHENS, Greece, Feb. 15, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter ended December 31, 2022. In November 2021, StealthGas Inc. contributed to the Company four subsidiaries comprising a fleet of four tanker vessels. The Company was spun-off from StealthGas Inc. in Decem

  • GlobeNewswire

    Imperial Petroleum Inc. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2022 Financial and Operating Results, Conference Call and Webcast.

    ATHENS, Greece, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc., a ship-owning company providing petroleum product and crude oil and drybulk seaborne transportation services, announced today that it will release its fourth quarter and twelve months’ financial results for the period ended December 31, 2022 before the market opens in New York on February 15, 2023. On February 15, 2023 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the comp

  • GlobeNewswire

    Imperial Petroleum Inc. Announces Election of Class I Director at 2022 Annual Meeting of Stockholders

    ATHENS, Greece, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced the election of one Class I director at the Company’s annual meeting of stockholders held in Athens today. The elected Class I director is George Xiradakis. The Class I director was elected to hold office for a term ending at the annual meeting of stockholders in 2025

  • GlobeNewswire

    Imperial Petroleum Inc. Granted 180-Day Extension by Nasdaq to Regain Compliance With Minimum Bid Price Rule

    ATHENS, Greece, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced that the Company received formal notification from the Listing Qualification Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it has been granted an additional 180-day compliance period, or until June 12, 2023, to regain compliance with the m

  • ACCESSWIRE

    In a New Audio Interview, Toni Loudenbeck of Traders News Source Interviews Harry Vafias, CEO Imperial Petroleum Inc.

    Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap publicly traded companies recently issued a new C-Level interview with Imperial Petroleum, a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services.

  • GlobeNewswire

    Imperial Petroleum Inc. Reports Third Quarter and Nine Months 2022 Financial and Operating Results

    ATHENS, Greece, Oct. 24, 2022 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the third quarter ended September 30, 2022. In November 2021, StealthGas Inc. contributed to the Company four subsidiaries comprising a fleet of four tanker vessels, and the Company was spun-off from StealthGas Inc. in D

  • GlobeNewswire

    Imperial Petroleum Inc. Announces the Date for the Release of the Third Quarter and Nine Months 2022 Financial and Operating Results, Conference Call and Webcast

    ATHENS, Greece, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum product, crude oil and drybulk seaborne transportation services, announced today that it will release its third quarter and nine months’ financial results for the period ended September 30, 2022 before the market opens in New York on October 24, 2022. On October 24, 2022 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s

  • GlobeNewswire

    Imperial Petroleum Inc. Announces Annual Meeting of Stockholders Adjourned to December 20, 2022

    ATHENS, Greece, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”) today announced that the Annual Meeting of Shareholders of the Company reconvened on October 13, 2022, has been adjourned, due to lack of requisite quorum, and rescheduled to Tuesday, December 20, 2022 at 11:00 a.m. Greek local time at the Company’s offices at 331 Kifissias Avenue, Erithrea 14561 in Athens, Greece. A new record date of October 28, 2022, has been set for the meeting and only s

  • GlobeNewswire

    Imperial Petroleum Inc. Announces Delivery of Vessel and Business Developments

    ATHENS, Greece, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”) announced today: Delivery of Vessel On September 21, 2022 it took delivery of a 2011 Japanese built dry bulk carrier the Eco Bushfire for a consideration of $20.5 million. Closing of Debt Financing The Company also announces the closing and drawdown by two of its product tanker ship owning subsidiaries of a new $17.0 million term loan facility. This facility will be repayable in sixteen conse

  • GlobeNewswire

    Imperial Petroleum Inc. Announces Adjournment of Annual Meeting of Stockholders

    ATHENS, Greece, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”) today announced that the Annual Meeting of Shareholders of the Company convened on September 14, 2022 has been adjourned, due to lack of requisite quorum, to Thursday, October 13, 2022 at 11:00 a.m. Greek local time at the Company’s offices at 331 Kifissias Avenue, Erithrea 14561 in Athens, Greece. The record date for the adjourned annual meeting continues to be July 22, 2022. The Company ad

  • GlobeNewswire

    Imperial Petroleum Inc. Reports Second Quarter And Six Months 2022 Financial And Operating Results

    ATHENS, Greece, July 27, 2022 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the second quarter ended June 30, 2022. In November 2021, StealthGas Inc. contributed to the Company four subsidiaries comprising a fleet of four tanker vessels. The Company was spun-off from StealthGas Inc. in December

  • GlobeNewswire

    Imperial Petroleum Inc. Announces the Date for the Release of the Second Quarter and Six Months 2022 Financial and Operating Results, Conference Call and Webcast

    ATHENS, Greece, July 25, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services announced today that it will release its second quarter and six months’ financial results for the period ended June 30, 2022 before the market opens in New York on July 27, 2022. On July 27, 2022 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlo