Imperial Petroleum Inc. reported a robust Q2 2025 with a profit of $12.8 million, reflecting a successful fleet expansion and improved profitability amidst seasonal challenges and geopolitical market fluctuations.

• Fleet expanded by 56% with the delivery of seven dry bulk ships, increasing total fleet book value to approximately $350 million.
• Achieved earnings per share of $0.36, marking a quarter-over-quarter improvement despite historically weak seasonality for tankers.
• 80% of the fleet under time charter, bolstering cash flow and minimizing idle time.
• Strong liquidity with $212.2 million in cash and cash equivalents, supporting ongoing operational stability.
• Market sentiment remains affected by geopolitical tensions, yet rates for both tankers and dry bulk vessels are above the ten-year averages, indicating a cautiously optimistic outlook for the remainder of 2025.