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Imperial Petroleum Inc

$4.69
Market Cap 178.57M
ROE 13.4%
Gross Margin 58.8%
Debt/Equity 0.0
Current Ratio 5.8
Revenue QoQ 92.3%
EPS QoQ 0.9%
F-Score 6

About

IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services. The Company owns a total of nine vessels: five M.R. product tankers, two suezmax tankers and two handysize dry bulk carriers with a total capacity of 628,000 deadweight tons (dwt) and has agreed to acquire two additional tankers, one aframax and one product tanker which will be delivered up until the end of January 2024. Following these deliveries, the Company will own a fleet of eleven vessels with an aggregate capacity of 791,716 dwt. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.

Exchange
NASDAQ
Sector
Energy
Industry
Oil & Gas Midstream

Sector context

Energy

Undervalued

Trading at a discount to sector peers

P/E
2.83
vs median 18.05
P/B
0.34
vs median 2.18
ROE
0.13
vs median 0.18

Decent quality with acceptable fundamentals

Small-cap company with higher volatility

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