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Imperial Petroleum Inc. (IMPP) Q3 2024 Earnings Name Transcript

Imperial Petroleum Inc. (IMPP) Q3 2024 Earnings Name Transcript
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Imperial Petroleum Inc. (NASDAQ:IMPP) Q3 2024 Earnings Convention Name December 2, 2024 10:00 AM ET

Firm Individuals

Harry Vafias – President, Chief Government Officer and ChairmanFenia Sakellari – Interim Chief Monetary Officer

Operator

Good day and thanks for standing by. Welcome to the Imperial Petroleum Third Quarter and 9 Months Monetary and Working Outcomes Convention Name. At the moment, all contributors are in listen-only mode. Please be suggested that this convention is being recorded.

I might now like at hand the convention over to your speaker right this moment, Harry Vafias, CEO of Imperial Petroleum. Please go forward.

Harry Vafias

Good morning, everybody, and thanks all for becoming a member of us for our third quarter and 9 months ’24 convention name. I am Harry Vafias, the CEO of Imperial Petroleum. And becoming a member of me right this moment is Fenia Sakellari who will likely be discussing our monetary efficiency.

Earlier than we start our dialogue, we wish all of you to learn the Secure Harbor disclaimer on Slide 2. In essence, it is made clear that this presentation might comprise some forward-looking statements as outlined by the Personal Securities Litigation Reform Act.

We elevate the eye of our traders to the truth that such forward-looking statements are primarily based upon the present beliefs and expectations of Imperial Petroleum and are topic to dangers and uncertainties which might trigger future outcomes to vary materially from these forward-looking statements. As well as, earlier than we start our dialogue, we wish to make clear that in this name, we’ll quote all financial quantities until explicitly said, all in US {dollars}.

Turning to Slide 3, we’re summarizing our operational and monetary highlights for the third quarter and 9 months ’24. The third quarter of this yr was fairly passable when it comes to revenue when considering that market deteriorated compared to the primary half of



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