Imperial Petroleum Inc. · NASDAQ:IMPP
Imperial Petroleum — Q2 2026 Earnings Presentation
10 slides from Imperial Petroleum's earnings presentation, Sep 10, 2026
Slide 1: Q2' 2026 Financial & Operating Results
Q2’ 2026 Financial & Operating Results September 10, 2026
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements within the meaning of applicable federal securities laws. Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deeme
Slide 3: Key Highlights
Key Highlights Financial In Q2 26’ Imperial Petroleum marked ALL TIME HIGH REVENUE GENERATION ❑ All-time high quarterly revenues of $87.1 million in Q2 26’ compared to $61.7 million in Q1 26’ and $36.3 million in Q2 25’, representing a 41.2% increase and a 139.9% increase, respectively. ❑ Near all-t
Slide 4: Fleet Employment Status
Fleet Employment Status ❑ About 57% of our fleet is currently under time charter employment; as customarily the majority of our drybulk vessels are on short TCs. ❑ We employ five product tankers and our suezmax tanker in the spot market, while two of our product tankers are under TC employment rangi
Slide 5: Charter Rates
Charter Rates ❑ In Q2 26’ market rates remained firm for both tankers and drybulk vessels. ❑ Rates for MR tankers peaked in April and eased by end of May as the Atlantic arbitrage window narrowed. Currently MR rates are reasonably firm fueled also by the ongoing geopolitical tensions in the Middle E
Slide 6: Tanker Market
Tanker Market • Q2 26’ was firm for both suezmax and product tankers. Both vessel types were affected Crude Tankers Hormuz Transit throughout the second quarter of 2026 by the geopolitical tensions in the MEG. • For suezmax tankers the partial reopening of the Strait of Hormuz in the beginning of th
Slide 7: Drybulk Market
Drybulk Market • Q2 26’ was a strong quarter for the drybulk sector. Indeed the BDI average for Q2 26’ was close to 2,750 which is the best quarter since the fourth quarter of 2021. Iron Ore Trade Long – haul tonne miles, change vs 2024 • Overall, the drybulk sector, unlike the tanker market has rem
Slide 8: Financial Results Q2 25' & Q2 26'
Financial Results Q2 25’ & Q2 26’ Q2 25’ Vs Q2 26’ Income Statement Q2 Q2 6M 6M (Amounts in USD'000s) 2025 2026 2025 2026 • All time high - Revenues of $87.1 million up by 140% mainly due to our fleet expansion and an improvement in rates for both tankers and Voyage revenues 36,349 87,073 68,440 148
Slide 9: Financial Results 12M 25' & 6M 26'
Financial Results 12M 25’ & 6M 26’ Balance Sheet (Amounts in $'000s) 12M 2025 6M 2026 • Free cash (incl. time deposits) as of June 30, 2026 of about $245 million- 37% higher than our cash as of year end 2025. Assets Cash & cash equivalents 5,772 7,519 • Current cash base is approximately $260 millio
Slide 10: Financial Snapshot
Financial Snapshot Liquidity and Gearing Profitability, Growth and Values Market Considerations What will happen with $260 million of cash TCE for Q2 26’ per fleet the Straits of Hormuz? to date voyage day What will happen with & c. $71,500 for tankers, the recent Houthi attacks Zero Debt c. $15,100