Imperial Petroleum Inc. Reports Second Quarter and Six Months 2025 Financial and Operating Results
1. IMPP's fleet expanded from 12 to 19 vessels in Q2 2025. 2. Net income declined from $19.5M to $12.8M year-over-year. 3. Operational utilization improved to 83.1%, surpassing last year. 4. Revenues decreased by 22.8% due to lower tanker rates. 5. Company maintains cash reserves of $212 million, debt-free.