Imperial PetroleumIMPP
IMPP
About: Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of six medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemicals.
Employees: 49
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
433% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 3
125% more capital invested
Capital invested by funds: $9.46M [Q2] → $21.3M (+$11.8M) [Q3]
9.27% more ownership
Funds ownership: 8.42% [Q2] → 17.68% (+9.27%) [Q3]
0% more funds holding
Funds holding: 28 [Q2] → 28 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
39% less call options, than puts
Call options by funds: $5.64M | Put options by funds: $9.21M
Research analyst outlook
We haven’t received any recent analyst ratings for IMPP.
Financial journalist opinion
Based on 4 articles about IMPP published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
IMPERIAL PETROLEUM INC. Declares Dividend on Series A Preferred Shares
ATHENS, Greece, Dec. 10, 2024 (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 $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on December 30, 2024 to holders of record as of December 24, 2024. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on September 30, 2024 through December 29, 2024.
Neutral
Seeking Alpha
2 weeks ago
Imperial Petroleum Inc. (IMPP) Q3 2024 Earnings Call Transcript
Imperial Petroleum Inc. (NASDAQ:IMPP ) Q3 2024 Earnings Conference Call December 2, 2024 10:00 AM ET Company Participants Harry Vafias - President, Chief Executive Officer and Chairman Fenia Sakellari - Interim Chief Financial Officer Operator Good day and thank you for standing by. Welcome to the Imperial Petroleum Third Quarter and Nine Months Financial and Operating Results Conference Call.
Neutral
GlobeNewsWire
2 weeks ago
IMPERIAL PETROLEUM INC. Reports Third Quarter and Nine Months 2024 Financial and Operating Results
ATHENS, Greece, Dec. 02, 2024 (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 and nine months ended September 30, 2024.
Neutral
GlobeNewsWire
3 weeks ago
Imperial Petroleum Inc. Announces the Date for the Release of Third Quarter and Nine Months 2024 Financial and Operating Results, Conference Call and Webcast
ATHENS, Greece, Nov. 27, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, 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, 2024 before the market opens in New York on December 2, 2024.
Positive
Seeking Alpha
2 months ago
Imperial Petroleum: From A Dilution Machine To A Potential NAV Convergence Opportunity
Imperial Petroleum has shifted from aggressive dilution and related-party dealings to a more shareholder-friendly approach, marked by significant insider accumulation and a $10 million share buyback program. The company now boasts substantial insider ownership, halted dilution, and trades at a market cap significantly below its cash reserves and overall NAV, indicating multi-bagger potential. Despite a 172% share price rise over the past year, the stock still trades at a massive discount to NAV, suggesting further substantial gains ahead.
Neutral
GlobeNewsWire
3 months ago
IMPERIAL PETROLEUM INC. Declares Dividend on Series A Preferred Shares
ATHENS, Greece, Sept. 15, 2024 (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 $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on September 30, 2024 to holders of record as of September 25, 2024. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on June 30, 2024 through September 29, 2024.
Positive
Seeking Alpha
3 months ago
Imperial Petroleum Series A Preferreds: Solid, But Not A Bargain Anymore - Hold
Imperial Petroleum's solid financial results and pristine balance sheet warrant a closer look at the company's 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares. At Friday's closing price of $25.12, the annualized dividend yield calculates to 8.72%. With several preferred stocks issued by larger players in the shipping offering similar or even better yields, I wouldn't chase Imperial Petroleum's preferred shares at current levels.
Positive
Seeking Alpha
3 months ago
Imperial Petroleum: Good Quarter, Pristine Balance Sheet, Discounted Valuation - Buy
On Tuesday, Imperial Petroleum reported decent Q2/2024 results with stable fleet utilization and consistent cash generation. The company ended the quarter with $129.8 million in cash and liquid investments. Imperial Petroleum continues to have no debt. Assuming full exercise of the company's remaining Class E Warrants, diluted net asset value per share calculates to $12.45.
Neutral
Seeking Alpha
3 months ago
Imperial Petroleum Inc. (IMPP) Q2 2024 Earnings Call Transcript
Imperial Petroleum Inc. (NASDAQ:IMPP ) Q2 2024 Earnings Conference Call August 27, 2024 11:00 AM ET Company Participants Fenia Sakellari - Chief Financial Officer Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Second Quarter and Six Months 2024 Imperial Petroleum Results Conference Call.
Neutral
GlobeNewsWire
3 months ago
Imperial Petroleum Inc. Reports Second Quarter and Six Months 2024 Financial and Operating Results
ATHENS, Greece, Aug. 27, 2024 (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 and six months ended June 30, 2024.
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