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Imperial Petroleum Inc - IMPP STOCK NEWS

Welcome to our dedicated news page for Imperial Petroleum (Ticker: IMPP), a resource for investors and traders seeking the latest updates and insights on Imperial Petroleum.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Imperial Petroleum's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Imperial Petroleum's position in the market.

Rhea-AI Summary
Imperial Petroleum Inc. (IMPP) declared a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on April 1, 2024. The dividend covers the period from December 30, 2023, through March 29, 2024, with 795,878 Series A Preferred Shares outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
Tags
dividends
-
Rhea-AI Summary
Imperial Petroleum Inc. (IMPP) reported operational and financial results for Q4 2023, with a fleet operational utilization of 68.5%. Revenues were $29.9 million, down from $37.9 million in Q4 2022, attributed to market conditions. Net income was $6.5 million, a decrease from $13.8 million in Q4 2022. For the 12 months ended December 31, 2023, revenues were $183.7 million, up 89.4% from the previous year, while net income increased by 141% to $71.1 million. The company held $124 million in cash and equivalents as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.68%
Tags
-
Rhea-AI Summary
Imperial Petroleum Inc. will release its Q4 and twelve months financial results on February 13, 2024, followed by a conference call to discuss operations and outlook. Participants can pre-register for the call and access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.34%
Tags
Rhea-AI Summary
Imperial Petroleum Inc. (Nasdaq: IMPP) announced the conversion of 13,875 shares of its Series C Convertible Preferred Stock into 6,932,043 shares of Common Stock by Flawless Management Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.85%
Tags
none
-
Rhea-AI Summary
Imperial Petroleum Inc. (IMPP) announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on January 2, 2024. The dividend payment relates to the period from September 30, 2023, through December 29, 2023, with 795,878 Series A Preferred Shares outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
dividends
-
Rhea-AI Summary
Imperial Petroleum Inc. (NASDAQ: IMPP) has repurchased 2,457,989 Class C Warrants and 693,335 Class D Warrants from institutional investors for $0.85 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
buyback
Rhea-AI Summary
IMPERIAL PETROLEUM INC. announces Q3 23’ financial results with net income of $12.1 million and revenues of $29.4 million. Cash and cash equivalents of $125.9 million, 3 times higher than market cap. Share buyback program and repurchase of outstanding warrants. Nine months 2023 results show net income of $64.7 million and revenues of $153.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
-
Rhea-AI Summary
Imperial Petroleum Inc. to release Q3 and 9-month financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.18%
Tags
-
Rhea-AI Summary
Imperial Petroleum Inc. announces repurchase of Class C and Class D warrants
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.52%
Tags
buyback
Rhea-AI Summary
IMPERIAL PETROLEUM INC. announces dividend payment for Series A Preferred Shares
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
dividends
Imperial Petroleum Inc

Nasdaq:IMPP

IMPP Rankings

IMPP Stock Data

90.43M
18.84M
33.73%
4.43%
14.94%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
Greece
Athens

About IMPP

imperial petroleum is an import and export company based out of 4180 luna pier rd, luna pier, michigan, united states.