Imperial Petroleum Inc. (IMPP) News
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IMPP News Highlights
- IMPP's 30 day story count now stands at 2.
- Over the past 8 days, the trend for IMPP's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- SHIP are the most mentioned tickers in articles about IMPP.
Latest IMPP News From Around the Web
Below are the latest news stories about IMPERIAL PETROLEUM INC/MARSHALL ISLANDS that investors may wish to consider to help them evaluate IMPP as an investment opportunity.
IMPERIAL PETROLEUM INC. Declares Dividend on Series Preferred SharesATHENS, Greece, Sept. 15, 2023 (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 approximately $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on October 2, 2023 to holders of record as of September 27, 2023. The dividend payment relates to the perio |
Imperial Petroleum announces $10 million share repurchase program and agreement to acquire two vesselsATHENS, Greece, Sept. 07, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (Nasdaq: IMPP) (the “Company”) today announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase, from time to time, up to $10,000,000 of the Company's common stock. Shares may be purchased in open market or privately negotiated transactions, at times and prices that are considered to be appropriate by the Company, and the program may be suspended |
Imperial Petroleum Inc. Announces Pricing of Approximately $17.0 Million Registered Direct OfferingATHENS, Greece, Aug. 11, 2023 (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 that it has entered into securities purchase agreements with institutional investors to purchase approximately $17.0 million of its units in a registered direct offering at a price of $2.00 per unit. Each unit will consist of one share of common stock (or one pre-funded |
Imperial Petroleum Inc. Reports Second Quarter and Six Months 2023 Financial and Operating ResultsATHENS, Greece, Aug. 10, 2023 (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, 2023. OPERATIONAL AND FINANCIAL HIGHLIGHTS Fleet operational utilization of 75.4% in Q2 23’ with 28 days of technical off hire and 129 days of vessel repositioning.68.5% o |
Imperial Petroleum Inc. Announces the Date for the Release of Second Quarter and Six Months 2023 Financial and Operating Results, Conference Call and WebcastATHENS, Greece, Aug. 08, 2023 (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 second quarter and six months financial results for the period ended June 30, 2023 before the market opens in New York on August 10, 2023. On August 10, 2023 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operatio |
Imperial Petroleum Inc. Announces the Sale of Its Aframax TankerATHENS, Greece, July 17, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq:IMPP) (the “Company”) announced today that it has entered into an agreement to sell for $43 million the M/T Stealth Berana an Aframax oil tanker, built at Samsung shipyard, South Korea in 2010, with a cargo carrying capacity of approximately 115,800 dwt, to C3is Inc. Payment of 10% of the purchase price has been received, with the remaining balance due within one year following the vessel’s delivery which took plac |
Imperial Petroleum Inc. Announces Completion of Spin-Off of C3is Inc.ATHENS, Greece, June 21, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, today announced that it has completed the spin-off of its previously wholly-owned subsidiary, C3is Inc., the holding company for two drybulk carriers, effective June 21, 2023. Imperial Petroleum stockholders and warrantholders received one C3is common share for every eight shares of I |
Imperial Petroleum Inc. Announces Record Date for Distribution of C3is Inc. Shares for Spin-Off of Two Drybulk CarriersATHENS, Greece, June 02, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, today announced that the record date for the spin-off distribution of shares of common stock (“common shares”) of C3is Inc., the newly formed subsidiary that will act as the holding company for two of its drybulk carriers, is June 13, 2023. Stockholders and warrantholders of the Compa |
Imperial Petroleum Inc. Regains Compliance with Nasdaq Minimum Bid Price RequirementATHENS, Greece, May 16, 2023 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (the “Company”) (Nasdaq: IMPP) today announced that it has received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. The letter noted that, as a result of the closing bid price of the Company's common stock having been at $1.00 per share or |
Imperial Petroleum Inc. Reports Record Net Income of $35.7 Million for the First Quarter of 2023 Financial and Operating ResultsATHENS, Greece, May 08, 2023 (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 first quarter ended March 31, 2023. OPERATIONAL AND FINANCIAL HIGHLIGHTS Fleet operational utilization of 85% in Q1 23’ with 6 days of technical off hire and 495 (54%) of our fleet days dedicated to spot activity.Deli |