.August 29, 2024 04:00:02 PM

Imperial Petroleum Inc. (NASDAQ:IMPP) excels in the international seaborne transportation services sector with a high Return on Invested Capital (ROIC) of 10.97%. The company’s ROIC to WACC ratio of 1.26 demonstrates effective capital utilization compared to competitors like Indonesia Energy Corporation Limited (NYSE:INDO) and Houston American Energy Corp. (NYSEAMERICAN:HUSA) who show negative ROIC values. Imperial Petroleum Inc.’s stock price of $4.248 reflects market valuation and investor sentiment towards its operations. With a WACC of 8.68%, the company assesses the cost of financing its activities, crucial for financial health and operational efficiency.