Imperial Petroleum (NASDAQ:IMPP) Releases Earnings Results

Imperial Petroleum (NASDAQ:IMPP) posted its quarterly earnings data on Thursday. The company reported $0.12 EPS for the quarter, Zacks reports. Imperial Petroleum had a return on equity of 17.51% and a net margin of 34.87%. The company had revenue of $26,210 billion for the quarter.

Imperial Petroleum Trading Down 1.8 %

Shares of Imperial Petroleum stock traded down $0.05 during trading on Friday, reaching $2.79. The company’s stock had a trading volume of 151,718 shares, compared to its average volume of 304,285. The stock has a 50-day moving average price of $2.98 and a two-hundred day moving average price of $3.50. Imperial Petroleum has a one year low of $2.55 and a one year high of $4.59. The stock has a market capitalization of $83.17 million, a P/E ratio of 2.13 and a beta of 1.10.

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.