Imperial Petroleum (IMPP) AI Stock Analysis

• Market Cap: $167.43M
• Dividend Yield: N/A
• Average Volume (3M): 891.79K
• Price to Earnings (P/E): 3.5
• Beta (1Y): 0.07
• Revenue Growth: -9.98%
• EPS Growth: -19.48%
• Country: US
• Employees: 74
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.32
• Shares Outstanding: 44,648,740
• 10 Day Avg. Volume: 496,193
• 30 Day Avg. Volume: 891,787
• PEG Ratio: -0.03
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 29.80
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $6.00
• Price Target Upside: 12.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 2.02
• Revenue Forecast (FY): $237.34M

• Rating: 69 Neutral
• Price Target: $4.00 ▼(-24.95% Downside)

The score is driven by strong financial health (especially the conservative, low-leverage balance sheet) and an inexpensive valuation (low P/E). These positives are partially offset by bearish technical momentum (below key moving averages and negative MACD) and cyclicality/volatility in revenue and free cash flow, with the earnings call reinforcing strong liquidity but acknowledging weaker market-rate conditions.

Positive Factors

Fleet Expansion

The planned acquisition of four vessels in 2026 will increase the fleet to 26, enhancing operational capacity and earnings potential in the tanker and drybulk segments.

Debt-Free Balance Sheet

A debt-free balance sheet provides financial flexibility and reduces risk, allowing the company to reinvest in growth opportunities and withstand market volatility.

Strong Cash Reserves

Significant cash reserves enhance liquidity, enabling strategic investments and providing a buffer against economic downturns, supporting long-term stability.

Negative Factors

Decline in Market Rates

Declining market rates reduce revenue potential and profitability, posing a challenge to maintaining financial performance in a competitive industry.

Revenue and Margin Cooling

Cooling revenue and margins indicate potential challenges in sustaining growth and profitability, impacting long-term financial health and investor confidence.

Foreign Exchange Loss

Foreign exchange losses can erode profitability and highlight exposure to currency fluctuations, which may affect financial results and strategic planning.

Imperial Petroleum Business Overview & Revenue Model

Company Description

Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals; and crude oils. As of March 29, 2022, the company owned four medium range refined petroleum product tankers and one Aframax crude oil tanker with a total capacity of 305,804 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.

How the Company Makes Money

Imperial Petroleum, Inc. makes money by providing marine transportation services to oil and gas companies, refineries, and other industrial entities that require the movement of liquid cargoes. The company earns revenue primarily through the chartering of its vessels, which can be contracted on a time charter or spot charter basis. Time charters involve leasing vessels for a fixed period, providing steady and predictable income, while spot charters are typically shorter-term agreements that allow the company to capitalize on fluctuating market rates. Additionally, IMPP may engage in strategic partnerships with other shipping companies or stakeholders in the oil and gas industry to optimize fleet utilization and expand market reach. Factors such as global oil demand, fuel prices, and regulatory changes in maritime shipping can significantly influence the company's earnings.

Imperial Petroleum Financial Statement Overview

Summary

Imperial Petroleum demonstrates strong profitability and financial stability, with high profit margins and a robust balance sheet featuring a high equity ratio and minimal debt. However, the decline in revenue and free cash flow poses a challenge.

Income Statement

Imperial Petroleum has shown strong revenue growth over the years with a significant increase in gross profit and net income. The 2024 annual report shows a gross profit margin of 45.7% and a net profit margin of 34.0%, indicating strong profitability. However, the revenue decreased from 2023 to 2024, suggesting a potential challenge in maintaining growth. EBIT and EBITDA margins are also healthy, supporting operational efficiency.

Balance Sheet

The company exhibits a robust balance sheet with a high equity ratio of 93.6% in 2024, indicating strong financial stability and low reliance on debt. The return on equity (ROE) is impressive at 11.9%, showcasing effective use of equity to generate profits. The debt-to-equity ratio is negligible due to low total debt, reducing financial risk.

Cash Flow

Cash flow analysis shows a decline in free cash flow from 2023 to 2024, with a free cash flow growth rate of -94.1%. The operating cash flow to net income ratio is favorable at 1.55, indicating strong cash generation relative to income. However, the decrease in free cash flow poses a potential liquidity concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	136.07M	147.48M	183.73M	97.02M	17.36M	20.30M
Gross Profit	41.54M	50.40M	73.37M	32.64M	-2.34M	367.66K
EBITDA	64.28M	67.55M	88.58M	43.41M	5.18M	8.25M
Net Income	38.93M	50.16M	71.13M	29.51M	-3.64M	-394.00K
Balance Sheet
Total Assets	476.35M	449.51M	376.83M	366.58M	128.47M	138.12M
Cash, Cash Equivalents and Short-Term Investments	99.32M	206.73M	124.03M	118.90M	3.39M	6.45M
Total Debt	19.26K	78.76K	0.00	69.96M	27.84M	0.00
Total Liabilities	17.36M	28.84M	14.53M	84.17M	31.72M	4.06M
Stockholders Equity	458.98M	420.67M	362.31M	282.41M	96.75M	134.06M
Cash Flow
Free Cash Flow	65.23M	3.02M	51.39M	-77.78M	5.10M	8.14M
Operating Cash Flow	67.10M	77.70M	79.53M	40.90M	5.24M	8.87M
Investing Cash Flow	-66.59M	-106.65M	12.29M	-186.68M	-142.60K	-728.00K
Financing Cash Flow	-169.88M	4.81M	-57.40M	196.95M	-6.37M	-9.33M

Imperial Petroleum Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.33
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IMPP, the sentiment is Negative. The current price of 5.33 is above the 20-day moving average (MA) of 3.86, above the 50-day MA of 4.83, and above the 200-day MA of 3.71, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 36.14 is Neutral, neither overbought nor oversold. The STOCH value of 65.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IMPP.

Imperial Petroleum Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IMPP	69 Neutral	$167.43M	3.50	8.80%	―	-9.98%	-19.48%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
EPM	54 Neutral	$117.26M	-545.16	-0.19%	13.52%	-2.23%	-104.00%
AMPY	52 Neutral	$185.38M	-6.62	-6.90%	―	-9.46%	-144.89%
GTE	50 Neutral	$151.42M	-1.74	-21.91%	―	-1.58%	-271.90%
EP	44 Neutral	$110.14M	-6.15	-31.43%	―	-15.13%	17.34%

Imperial Petroleum Corporate Events

Imperial Petroleum to Add Four Vessels in 2026 Fleet Expansion Deal

On December 19, 2025, Imperial Petroleum Inc. announced it had entered into agreements to acquire a 2010 South Korean-built product tanker of 50,000 dwt for $20.65 million and three Japanese-built handysize drybulk carriers built in 2015 and 2016 with a total capacity of about 105,000 dwt for $57.26 million, from entities affiliated with Brave Maritime Corp Inc. The related-party transactions, linked to members of the Vafias family, were approved by the company’s independent directors after obtaining independent vessel valuations, with deliveries expected between the second and third quarters of 2026 and an option to defer payment for one year after each agreement date without interest; upon delivery, and absent further fleet changes, Imperial Petroleum’s fleet will rise to 26 vessels totaling roughly 1.55 million dwt, marking a notable expansion of its operational capacity and earnings potential in both the product tanker and drybulk segments.

The most recent analyst rating on (IMPP) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Imperial Petroleum stock, see the IMPP Stock Forecast page.

Imperial Petroleum Reports Strong Q3 2025 Results Amid Fleet Expansion

Imperial Petroleum Inc. announced its unaudited financial and operating results for the third quarter and nine months ended September 30, 2025. The company reported a significant increase in revenue and operating income, attributed to the expansion of its dry bulk fleet and improved market rates. The integration of seven dry bulk vessels led to a 36.1% increase in fleet calendar days, and operational utilization improved to 88.7% in Q3 2025. The company also raised $60 million through a registered direct equity offering to fund further fleet expansion.

The most recent analyst rating on (IMPP) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Imperial Petroleum stock, see the IMPP Stock Forecast page.

Imperial Petroleum Secures $60 Million in Direct Offering

On November 28, 2025, Imperial Petroleum Inc. announced a securities purchase agreement with institutional investors for a registered direct offering of approximately $60 million. The offering involves the sale of 9,523,900 shares of common stock and accompanying warrants, with the proceeds intended for working capital and general corporate purposes. The offering is expected to close around December 1, 2025, subject to customary conditions, and is being managed by Maxim Group LLC as the sole placement agent.

The most recent analyst rating on (IMPP) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Imperial Petroleum stock, see the IMPP Stock Forecast page.