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Imperial Petroleum (NASDAQ:IMPP) Posts Earnings Results

Imperial Petroleum logo with Transportation background

Imperial Petroleum (NASDAQ:IMPP - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.12 EPS for the quarter, Zacks reports. Imperial Petroleum had a net margin of 34.87% and a return on equity of 17.51%. The company had revenue of $26.21 million during the quarter.

Imperial Petroleum Price Performance

NASDAQ:IMPP traded down $0.05 during mid-day trading on Monday, reaching $2.79. 151,718 shares of the company's stock traded hands, compared to its average volume of 304,285. The company has a 50 day moving average price of $2.98 and a 200-day moving average price of $3.50. Imperial Petroleum has a 12-month low of $2.55 and a 12-month high of $4.59. The firm has a market capitalization of $83.18 million, a price-to-earnings ratio of 2.13 and a beta of 1.10.

Imperial Petroleum Company Profile

(Get Free Report)

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.

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Earnings History for Imperial Petroleum (NASDAQ:IMPP)

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