Imperial Petroleum Inc. Common Shares (IMPP)
Imperial Petroleum Inc. (IMPP) is an independent energy company that specializes in the exploration, development, and production of offshore oil and natural gas assets. The company's operations primarily focus on offshore regions, aiming to leverage advanced technology and expertise to optimize hydrocarbon recovery and maximize value for shareholders. As part of its strategic growth, Imperial Petroleum seeks to expand its asset base and enhance operational efficiency within the energy sector.
Company News
Imperial Petroleum Inc. announced a dividend of $0.546875 per share on its Series A Preferred Shares, payable on September 30, 2025, for shareholders of record as of September 25, 2025.
ATHENS, Greece, June 13, 2024 (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 $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on July 1, 2024, to holders of record as of June 26, 2024. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on March 30, 2024, through June 29, 2024.
Founder and Chairman Georgios Feidakis more than tripled his ownership in Globus Maritime. Read why I am upgrading GLBS stock from Hold to Buy.
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