Name | Value |
---|---|
Revenues | 29.9M |
Cost of Revenue | 25.4M |
Gross Profit | 4.5M |
Operating Expense | 1.5M |
Operating I/L | 2.9M |
Other Income/Expense | 3.5M |
Interest Income | 2.0M |
Pretax | 6.5M |
Income Tax Expense | -0.0M |
Net Income/Loss | 6.5M |
Imperial Petroleum Inc. offers international seaborne transportation services for oil producers, refineries, and commodities traders. The company specializes in carrying refined petroleum products, including gasoline, diesel, fuel oil, jet fuel, edible oils, and chemicals, as well as crude oils. With a fleet of four medium range refined petroleum product tankers and one Aframax crude oil tanker, Imperial Petroleum Inc. has a total capacity of 305,804 deadweight tons. Its primary revenue stream comes from providing transportation services for these products across international waters, serving the needs of the global oil and commodities market.