Imperial Petroleum Inc. (IMPP) Q2 2025 Earnings Call Transcript

Written by Emily J. Thompson, Senior Investment Analyst

Source: SeekingAlpha

Updated: Sep 05 2025

0mins

Source: SeekingAlpha

Profit for Q2 2025 $12.8 million, corresponding to an earnings per share of $0.36. This represents a 13% increase in profitability compared to Q1 2025, attributed to increased tanker time charter coverage and improved performance of product tankers.

Fleet Book Value $350 million, marking a 55% increase compared to the previous quarter, driven by the delivery of 7 drybulk ships.

Cash and Cash Equivalents $212.2 million as of the end of the first half of 2025, reflecting high liquidity and robust cash flow generation.

Revenue for Q2 2025 $36.3 million, a 22.8% decline compared to Q2 2024, due to lower market rates and reduced average daily spot and time charter rates for product tankers.

Voyage Costs for Q2 2025 $10.7 million, a $6.4 million decrease compared to Q2 2024, attributed to increased time charter activity and lower bunker costs.

Running Costs for Q2 2025 $8.4 million, an increase of $1.9 million year-over-year, due to the fleet expansion by an average of 3.8 vessels.

EBITDA for Q2 2025 $17.1 million, reflecting the company's profitability despite lower market rates.

Operating Cash Flow for H1 2025 $42 million, demonstrating strong cash flow generation.

Net Income for H1 2025 $24.1 million, corresponding to an EPS of $0.67, showcasing the company's profitability.

IMPP

$3.99+Infinity%1D

Analyst Views on IMPP

Wall Street analysts forecast IMPP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IMPP is 6.00 USD with a low forecast of 6.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Analyst Rating

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 4.110

Low

6.00

Averages

6.00

High

6.00

Current: 4.110

Low

6.00

Averages

6.00

High

6.00

Maxim

Tate Sullivan

Buy

maintain

2025-09-10

Reason

Maxim

Tate Sullivan

Price Target

2025-09-10

maintain

Buy

Reason

Maxim analyst Tate Sullivan raised the firm's price target on Imperial Petroleum to $6 from $5.50 and keeps a Buy rating on the shares. The company's Q2 results were much better than expected due to higher shipping rates for both existing tankers and seven acquired dry bulk ships, the analyst tells investors in a research note. Demand from China for dry bulk and energy imports also "remains resilient", the firm added.

About IMPP

Imperial Petroleum Inc is a Greece-based international shipping transportation company. The Company specialized in the transportation of various petroleum and petrochemical products in liquefied form. As of March 15, 2022, the Company's fleet consists of 4 vessels (oil product and crude oil tankers) with a total of more than 250 DWT.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.