How to buy Imperial Petroleum stock (Imperial Petroleum)

Imperial Petroleum is an oil & gas midstream business based in the US. Imperial Petroleum shares (IMPP) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $3.69 – a decrease of 1.6% over the previous week.

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Imperial Petroleum stock price (NASDAQ: IMPP)

Use our graph to track the performance of IMPP stocks over time.

Imperial Petroleum shares at a glance

• Key figures

Information last updated 2024-10-25.

Latest market close	$3.69
52-week range	$1.44 - $4.59
50-day moving average more info button	$3.99
200-day moving average more info button	$3.64
Wall St. target price	$8.00
PE ratio more info button	3.0413
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$1.21

Is it a good time to buy Imperial Petroleum stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Imperial Petroleum price performance over time

Historical closes compared with the close of $3.69 from 2024-10-25

1 week (2024-10-22)	-1.60%
1 month (2024-09-27)	-7.75%
3 months (2024-07-29)	-8.44%
6 months (2024-04-29)	-1.34%

1 year (2023-10-27)	133.54%
2 years (2022-10-28)	808.87%
3 years (2021-10-25)	N/A
5 years (2019-10-25)	N/A

Is Imperial Petroleum stock undervalued or overvalued?

Valuing Imperial Petroleum stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Imperial Petroleum's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Imperial Petroleum's P/E ratio

Imperial Petroleum's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Imperial Petroleum shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Imperial Petroleum's P/E ratio is best considered in relation to those of others within the oil & gas midstream industry or those of similar companies.

• Exxon Mobil (XOM.US): 14.39
• Chevron (CVX.US): 14.90
• BP PLC ADR (BP.US): 12.13

Imperial Petroleum's EBITDA

Imperial Petroleum's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $55.7 million.

The EBITDA is a measure of a Imperial Petroleum's overall financial performance and is widely used to measure a its profitability.

To put Imperial Petroleum's EBITDA into context you can compare it against that of similar companies.

• Exxon Mobil (XOM.US): USD$70.9 billion
• Chevron (CVX.US): USD$41 billion
• BP PLC ADR (BP.US): USD$36.2 billion

Imperial Petroleum financials

Revenue TTM	$147.5 million
Operating margin TTM	40.96%
Gross profit TTM	$44.9 million
Return on assets TTM	6.67%
Return on equity TTM	15.13%
Profit margin	37.13%
Book value	$13.15
Market Capitalization more info button	$124.8 million

TTM: trailing 12 months

Imperial Petroleum share dividends

We're not expecting Imperial Petroleum to pay a dividend over the next 12 months.

You may also wish to consider:

• Exxon Mobil (XOM.US) (3.16% forward annual dividend yield)
• Chevron (CVX.US) (4.33% forward annual dividend yield)
• BP PLC ADR (BP.US) (6.13% forward annual dividend yield)

Have Imperial Petroleum's shares ever split?

Imperial Petroleum's shares were split on a 1:15 basis on 27 April 2023 . So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Imperial Petroleum shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for Imperial Petroleum shares which in turn could have impacted Imperial Petroleum's share price.

Imperial Petroleum share price volatility

Over the last 12 months, Imperial Petroleum's shares have ranged in value from as little as $1.44 up to $4.59. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Imperial Petroleum's is 1.082. This would suggest that Imperial Petroleum's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

To put Imperial Petroleum's beta into context you can compare it against those of similar companies.

• Exxon Mobil (XOM.US): 0.877
• Chevron (CVX.US): 1.079
• BP PLC ADR (BP.US): 0.491

Imperial Petroleum overview

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. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece. .

Frequently asked questions

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What percentage of Imperial Petroleum is owned by insiders or institutions?
Currently 33.656% of Imperial Petroleum shares are held by insiders and 8.592% by institutions. When does the fiscal year end for Imperial Petroleum?
Imperial Petroleum's fiscal year ends in December. Where is Imperial Petroleum based?
Imperial Petroleum's address is: 331 Kifissias Avenue, Athens, Greece, 14561 What is Imperial Petroleum's ISIN number?
Imperial Petroleum's international securities identification number is: MHY3894J1047