Imperial Petroleum Inc. Reports Second Quarter and Six Months 2025 Financial and Operating Results
1. IMPP fleet expanded from 12 to 19 vessels in Q2 2025. 2. Q2 revenues fell by 22.8% year-over-year to $36.3 million. 3. Cash and equivalents rose to $212.2 million, 80% of market cap. 4. Increased fleet utilization at 83.1% indicates operational improvements. 5. Net income decreased to $12.8 million from $19.5 million in Q2 2024.