Welcome to our dedicated page for Imperial Petroleum news (Ticker: IMPP), a resource for investors and traders seeking the latest updates and insights on Imperial Petroleum stock.
Imperial Petroleum Inc. reports news about its seaborne transportation business, which provides petroleum and energy products, crude oil, and drybulk shipping services. The company is a ship-owning operator with a fleet on the water that includes M.R. product tankers, suezmax tankers, handysize, supramax and kamsarmax drybulk carriers, and a post panamax drybulk carrier.
Recurring updates include quarterly and annual operating results, fleet utilization, chartering activity, vessel composition, and management commentary on operations and outlook. Company news also covers capital-structure actions such as dividends on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, common-share repurchase authorizations, equity-offering effects, and management estimates of net asset value.
Imperial Petroleum (IMPP) declared a cash dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on September 30, 2026 to holders of record as of September 25, 2026. The dividend covers the period from June 30, 2026 through September 29, 2026 and applies to 795,878 Series A Preferred Shares currently outstanding, which trade on Nasdaq under the symbol IMPPP.
The company operates a fleet of 21 vessels totaling about 1,197,000 dwt, including product tankers and various drybulk carriers, and has contracted to acquire an additional three handysize drybulk carriers and one product tanker with an aggregate capacity of 157,400 dwt. After these deliveries, the fleet is expected to reach 25 vessels with an aggregate capacity of about 1.3 million dwt.
Imperial Petroleum (IMPP) reported record Q2 2026 revenues of $87.1 million, up 139.9% year over year, and net income of $34.8 million.
Revenue growth was driven by a 6.9-vessel increase in the average fleet to 21.0 vessels and higher tanker and drybulk rates. Q2 operating income reached $33.4 million and EBITDA was $41.2 million. Basic EPS for Q2 was $0.75, with adjusted EPS of $0.76. For the first six months of 2026, revenues were $148.8 million, up 117.5% from 2025, and net income rose to $62.8 million from $24.1 million, with EBITDA of $75.6 million.
Cash and cash equivalents including time deposits were $245.2 million at June 30, 2026, with no debt, and current cash is about $260 million. The company acquired the dry bulk carriers Eco Crossfire and Outrider, sold tanker Suez Enchanted for an estimated $32 million net gain, and has agreements to acquire four additional vessels in 2026.
Imperial Petroleum (IMPP) will release its second quarter and six months 2026 financial and operating results for the period ended June 30, 2026 before the New York market opens on September 10, 2026. Management will host a conference call and webcast the same day at 10:00 am ET.
The call requires online pre-registration to obtain dial-in details and a personal PIN. A live and archived audio webcast and slides will be available via the company’s website. Imperial Petroleum operates a fleet of 21 vessels totaling about 1,197,000 dwt and has contracted four additional ships.
Imperial Petroleum (Nasdaq: IMPP) declared a cash dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (IMPPP).
The dividend covers March 30–June 29, 2026, is payable on June 30, 2026 to holders of record on June 25, 2026, with 795,878 Series A shares outstanding.
Imperial Petroleum (NASDAQ: IMPP) reported Q1 2026, its second-best quarter ever. Revenue rose to $61.7 million, net income to $28.0 million and basic EPS to $0.60. EBITDA reached $34.4 million, with adjusted net income of $28.6 million.
The company averaged 19.88 vessels, had cash and time deposits of $212.6 million, fleet utilization of 88.7%, and continued a $10 million buyback, repurchasing 855,769 shares for $3.8 million. Fleet stands at 21 vessels, with five more due by Q3 2026.
Imperial Petroleum (IMPP) will release its first quarter 2026 financial and operating results for the period ended March 31, 2026 before the New York market opens on May 22, 2026.
Management will host a conference call and live webcast at 10:00 a.m. ET the same day, with pre-registration required for dial-in access.
Imperial Petroleum (Nasdaq: IMPP) declared a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable March 30, 2026 to holders of record as of March 25, 2026.
The dividend covers the period December 30, 2025 through March 29, 2026. There are 795,878 Series A preferred shares outstanding. The Series A preferred trade on the Nasdaq Capital Market under the ticker IMPPP.
Imperial Petroleum (NASDAQ: IMPP) reported unaudited Q4 and FY 2025 results on March 6, 2026. Q4 revenues rose to $51.1M (+95% YoY) and Q4 net income was $15.0M. For 12M 2025 the company posted net income $50.0M, EBITDA $71.0M, cash $179.1M (Dec 31) and total debt nil. Fleet averaged 19 vessels in Q4 2025 and the company has agreements to add five vessels in 2026, targeting a 26-vessel fleet on the water. A $10M share repurchase program has begun with 251,625 shares repurchased to date.
Imperial Petroleum (NASDAQ: IMPP) will release its fourth quarter and twelve months 2025 financial and operating results for the period ended December 31, 2025 before the New York market opens on March 6, 2026. Management will host a conference call and live webcast on March 6, 2026 at 10:00 am ET.
Pre-registration is required for dial-in access and a personal PIN. Slides and an archived audio webcast will be available via the company website at www.imperialpetro.com.
Imperial Petroleum (Nasdaq: IMPP) announced that its Board approved a share repurchase program authorizing officers to buy up to $10,000,000 of common stock.
Shares may be repurchased in the open market or via privately negotiated transactions, at times and prices the company deems appropriate. The program may be suspended or discontinued at any time.