Imperial Petroleum Inc
NASDAQ:IMPP

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Imperial Petroleum Inc
NASDAQ:IMPP
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Price: 3.39 USD 1.19% Market Closed
Market Cap: $151.4m

Imperial Petroleum Inc
Investor Relations

Imperial Petroleum Inc is a US-based company operating in Oil, Gas & Consumable Fuels industry. The company is headquartered in Evansville, Indiana and currently employs 49 full-time employees. The company went IPO on 2021-11-24. Imperial Petroleum, Inc. is a United States-based company. The company is a diversified energy and mineral mining company. The firm is engaged in the production and exploration of crude oil and natural gas in Louisiana and Texas. Its Subsidiary's include Ridgepointe Mining Company, Phoenix Metals, Inc., Hoosier Biodiesel Company and e-Biofuels, LLC.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Dec 11, 2025
AI Summary
Q3 2025

Revenue Growth: Q3 2025 revenue rose to $41.4 million, up 25% year-on-year, reflecting the integration of new drybulk ships and strong market rates.

Strong Operating Income: Operating income increased 72% year-on-year to $10.3 million and was up 23% from Q2 2025.

Profit and Cash Flow: Q3 net income was $11 million; operating cash flow for the 9 months reached $57 million, supporting a debt-free balance sheet.

Fleet Expansion: The company fully integrated 7 new drybulk vessels, increasing fleet size to 19 ships, and expects to reach up to 30 vessels using recent capital raised.

Favorable Market Conditions: Both tanker and drybulk markets showed strong rate improvements in Q3, with positive momentum continuing into Q4.

Capital Raise: Raised $60 million in December 2025 for future fleet growth.

2026 Commitments: Upcoming cash needs include $52 million for vessel deliveries and $14 million for drydocking in 2026.

Key Financials
Revenue
$41.4 million
Operating Income
$10.3 million
Net Income
$11 million
EBITDA
$18 million
EPS
$0.30
Operating Cash Flow
$57 million (9 months 2025)
Cash (including time deposits)
$100 million (as of September 2025)
Fleet Book Value
$343 million
Drybulk Daily Net Revenue Increase
up 23% in Q3 2025 vs Q3 2024
Voyage Costs
$11.6 million
Net Revenues
$30 million
Running Costs
$10.9 million
Average Daily OpEx (Tankers)
$7,200
Average Daily OpEx (Drybulk)
$5,600
Time Charter Equivalent per Day (Tankers)
$23,000
Time Charter Equivalent per Day (Drybulk)
$12,000
Daily Rate (Suezmax, Q3 end)
$55,000
Daily Rate (Suezmax, recent Q4)
$80,000
Daily Rate (Supramax, Q3)
$16,000
Daily Rate (Kamsarmax, Q3)
$15,000
Capital Expenditures Guidance (2026)
$52 million
Drydocking Cost Guidance (2026)
$14 million
Capital Raised
$60 million
Other Earnings Calls

Management

Mr. Harry N. Vafias
CEO, President & Chairman
No Bio Available
Ms. Ifigeneia Sakellari
Interim CFO & Secretary
No Bio Available

Contacts

Address
INDIANA
Evansville
329 Main St Ste 801
Contacts