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Stock impact report

Imperial Petroleum Inc (IMPP) is up More Than 38.66% Since FQ2 2025 Results, Here's Why [Yahoo! Finance]

Imperial Petroleum Inc. - Common Shares (IMPP) 
Company Research Source: Yahoo! Finance
Petroleum Inc. (NASDAQ:IMPP) released its fiscal second-quarter results for 2025. The stock is up more than 38.66% since the release. The company topped Wall Street estimates, with EPS of $0.35 ahead of the consensus by $0.31. Moreover, the revenue of $36.35 decreased 22.73% year-over-year, but was still ahead of the consensus by $6.65 million. After the release on September 10, Maxim analyst Tate Sullivan raised the firm's price target on Imperial Petroleum Inc. (NASDAQ:IMPP) from $5.5 to $6, while maintaining a Buy rating on the stock. The analyst noted that the fiscal second quarter results were much better than the expectations, mainly driven by the higher shipping rates for both existing tankers. In addition, the company also acquired seven dry bulk ships during the quarter. He noted that the demand for dry bulk and energy imports remains solid from China. Imperial Petroleum Inc. (NASDAQ:IMPP) is a Greece-based company that specializes in international shipping and transpor Show less Read more
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