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Imperial Petroleum (IMPP) Rallied This Week. Here is Why.

By Sultan Khalid | September 18, 2025, 2:41 PM

The share price of Imperial Petroleum Inc. (NASDAQ:IMPP) surged by 22.73% between September 9 and September 16, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Imperial Petroleum (IMPP) Rallied This Week. Here is Why.

Imperial Petroleum Inc. (NASDAQ:IMPP) is an international shipping transportation company specializing in the transportation of various petroleum and petrochemical products in liquefied form.

Imperial Petroleum Inc. (NASDAQ:IMPP) continues to rally following the company’s announcement of its Q2 2025 results. The shipping company highlighted a significant expansion of its fleet, increasing its vessels from 12 to 19 in the second quarter. However, despite the aggressive growth, IMPP reported a decline in revenue and earnings compared to the same period last year.

Moreover, Imperial Petroleum Inc. (NASDAQ:IMPP) announced a dividend of $0.546875 per share on its 8.75% Series A preferred shares last week, payable on September 30, 2025, to holders of record as of September 25, 2025.

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READ NEXT: Top 10 Stocks Under $10 That Could Triple and 10 Best Affordable Stocks Under $50 to Buy.

Disclosure: None.

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