Imperial Petroleum (IMPPP) Set to Announce Earnings on Tuesday

Imperial Petroleum (NASDAQ:IMPPP) is expected to post its results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $1.15 per share and revenue of $73.80 million for the quarter.

Imperial Petroleum Stock Performance

NASDAQ:IMPPP opened at $25.67 on Friday. The stock’s 50 day moving average price is $25.79 and its 200 day moving average price is $25.94. Imperial Petroleum has a 52 week low of $25.19 and a 52 week high of $27.78.

Imperial Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 25th were paid a $0.5469 dividend. The ex-dividend date was Friday, September 25th. This represents a $2.19 dividend on an annualized basis and a yield of 8.5%.

About Imperial Petroleum

Imperial Petroleum Inc is a maritime transportation company focused on the ownership and operation of oceangoing vessels. The company provides seaborne transportation services for crude oil, refined petroleum products and other dry bulk commodities, serving customers engaged in international energy and commodity trade.

Imperial Petroleum’s fleet has included oil tankers and dry bulk carriers, allowing it to transport cargoes such as crude oil, petroleum products and bulk commodities between ports in global shipping markets.