Imperial Petroleum

IMPP

Market cap $160M

Imperial Petroleum has improved fundamentals, featuring a larger, well-utilized fleet, rising equity, and increased insider ownership. Fleet expansion is self-funded, with most vessels on time charters, providing cash flow stability amid market volatility. IMPP trades at a 63% discount to NAV, supported by a debt-free balance sheet and significant cash reserves, but faces governance concerns.

ATHENS, Greece, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”),  a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on September 30, 2025 to holders of record as of September 25, 2025. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on June 30, 2025 through September 29, 2025.

Imperial Petroleum delivered solid second quarter results, with decent profitability and strong cash generation. IMPP shares continue to trade at a significant discount to net asset value as investors remain wary of past dilution and poor corporate governance. Without the company returning material amounts of capital to shareholders, the valuation gap is not likely to decrease.

Imperial Petroleum Inc. (NASDAQ:IMPP ) Q2 2025 Earnings Call September 5, 2025 10:00 AM EDT Company Participants Harry Vafias - CEO, President & Chairman Ifigeneia Sakellari - Interim CFO & Secretary Presentation Operator Good day, and thank you for standing by. Welcome to the Q2 and 6 months 2025 Financial Operating Results of Imperial Petroleum Results Conference Call and Webcast.

Image source: The Motley Fool.

ATHENS, Greece, Sept. 05, 2025 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP; the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2025.

ATHENS, Greece, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its second quarter and six months financial and operating results for the period ended June 30, 2025 before the market opens in New York on September 5, 2025.

IMPP trades at a massive discount: 4x earnings, 77% below book value, and has $206.6M cash vs. $105M market cap. The company is debt-free, consistently profitable for ten quarters, and buying ships outright with cash, yet remains ignored due to its microcap status. IMPP's cash and a modern, fully owned fleet - far exceed its market valuation, with no signs of distress or cash burn.

ATHENS, Greece, June 16, 2025 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Shares”), payable on June 30, 2025 to holders of record as of June 25, 2025. The dividend payment relates to the period from the last dividend payment date for the Series A Preferred Shares on March 30, 2025, through June 29, 2025.

Imperial Petroleum delivered solid first quarter results, with decent profitability and strong cash generation. The company finished the quarter with $227.4 million in cash, cash equivalents and liquid investments, as well as no debt. The current discount to net asset value is north of 70%. However, an ill-timed related party deal will result in the family of CEO Harry Vafias extracting the majority of the company's cash balance in exchange for overpriced dry bulk carriers.