Critical Review: Legend Oil and Gas (OTCMKTS:LOGL) versus Imperial Petroleum (NASDAQ:IMPP)

Legend Oil and Gas (OTCMKTS:LOGL) and Imperial Petroleum (NASDAQ:IMPP) are both energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, earnings, risk, dividends and valuation.

Earnings and Valuation

This table compares Legend Oil and Gas and Imperial Petroleum”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Legend Oil and Gas	N/A	N/A	N/A	($0.06)	N/A
Imperial Petroleum	$147.51 million	0.80	$71.13 million	$1.40	2.84

Imperial Petroleum has higher revenue and earnings than Legend Oil and Gas. Legend Oil and Gas is trading at a lower price-to-earnings ratio than Imperial Petroleum, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Legend Oil and Gas and Imperial Petroleum, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Legend Oil and Gas	0	0	0	0	N/A
Imperial Petroleum	0	0	0	0	N/A

Profitability

This table compares Legend Oil and Gas and Imperial Petroleum’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Legend Oil and Gas	N/A	N/A	N/A
Imperial Petroleum	37.13%	16.33%	12.74%

Institutional and Insider Ownership

33.5% of Legend Oil and Gas shares are held by institutional investors. Comparatively, 94.4% of Imperial Petroleum shares are held by institutional investors. 12.6% of Legend Oil and Gas shares are held by company insiders. Comparatively, 1.5% of Imperial Petroleum shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Imperial Petroleum beats Legend Oil and Gas on 7 of the 8 factors compared between the two stocks.

About Legend Oil and Gas

Legend Oil and Gas, Ltd. operates as a crude oil hauling and trucking company. It performs hauling services for institutional drilling and exploration companies, as well as crude oil marketers primarily in the Bakken, North Dakota, and the Permian Basin in Texas and New Mexico. The company was formerly known as SIN Holdings, Inc. and changed its name to Legend Oil and Gas, Ltd. in November 2010. Legend Oil and Gas, Ltd. was incorporated in 2000 and is based in Alpharetta, Georgia.

About Imperial Petroleum

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.