SINGAPORE--(BUSINESS WIRE)--As a company registered in Singapore and listed on the Euronext Oslo Børs ("OSE†) and the New York Stock Exchange ("NYSE†), BW LPG Limited ("BW LPG†or the "Company†, OSE ticker code: "BWLPG†, NYSE ticker code: "BWLP†) is by default, subject to Singapore, U.S. and Norwegian take-over rules. The Company has been granted a waiver from the Singapore Code on Take-overs and Mergers (the "Singapore Code") and accordingly, the Company is currently subject to both U.S. and N. ...

Group 1 - Dorian LPG Ltd. (LPG) shares have increased by 20% since Christmas Eve, driven by an analyst upgrade predicting $70,000 day rates in January 2026 [2] - The market for very large gas carriers (VLGC) is expected to remain extremely volatile, particularly as the U.S. is poised for changes [2] - The Insiders Forum, managed by Bret Jensen, focuses on small and mid-cap stocks with significant insider purchases, aiming to outperform the Russell 2000 benchmark [2]

Group 1 - Dorian LPG Ltd. (LPG) shares have increased by 20% since Christmas Eve, driven by an analyst upgrade predicting $70,000 day rates in January 2026 [2] - The market for very large gas carriers (VLGC) is expected to remain extremely volatile as the U.S. prepares for upcoming changes [2] - The Insiders Forum, managed by Bret Jensen, focuses on small and mid-cap stocks with significant insider purchases, aiming to outperform the Russell 2000 benchmark [2]

Core Viewpoint - BW LPG Limited reported a gross profit of approximately USD 27 million for Q4 2025, driven by gains from cargo, freight, and hedging transactions [1] Financial Performance - The gross profit includes a realized gain of USD 12 million from the company's portfolio [1] - The performance reflects positive unrealized gains, contributing to the overall financial results for the quarter [1]

Core Viewpoint - BW LPG Limited (BWLP) is recommended as a buy due to its leading position as the largest owner/operator of Very Large Gas Carriers (VLGCs), attractive dividend yield, and a fleet renewal program that will enhance its operational capabilities [1] Company Analysis - BW LPG Limited holds the largest ownership and operational capacity in the VLGC sector, which positions the company favorably in the market [1] - The company offers a very attractive dividend yield, making it an appealing investment option for income-focused investors [1] - A fleet renewal program is in place, which is expected to confirm and strengthen the company's market position and operational efficiency [1]

Core Insights - The LPG shipping market is increasingly influenced by global energy and petrochemical flows rather than short-term freight volatility [2] - BW LPG is the largest owner-operator in the VLGC sector, while Dorian LPG operates solely in this sector with 27 vessels [2] - Navigator Gas has the world's largest fleet of handysize liquefied gas carriers, operating 57 semi- or fully-refrigerated vessels [3] U.S. Production and Global Use - LPG production is expected to grow by 25-32% by 2030, driven by the gassy nature of maturing shale basins like the Permian [4] - LPG is gaining traction as a marine fuel, with companies adopting dual-fuel propulsion for new vessels [4] - The consolidation of naphtha-based petrochemical capacity in Europe is positive, as replacement capacity in Asia is more LPG-intensive, increasing ton-mile demand [4] Capital Discipline - Dividends are highlighted as the primary method for returning value to shareholders, with a stronger market response to dividends compared to buybacks [5] - Dorian LPG increased its quarterly cash dividend to $0.07/share from $0.05/share and raised the net income payout percentage to 30% from 25% [5] - Navigator Gas has repurchased an additional $50 million of shares for three consecutive years, with plans for continued share repurchases in 2026 [5] Fleet Supply, Regulation, and Environmental Transition - The VLGC sector has a 25% orderbook to fleet ratio, but strong demand growth and an aging fleet provide balance [6] - Navigator Gas has a benign orderbook of about 10%, with potential negative fleet growth due to scrapping of older vessels [6] - The impending ban on scrubber discharges is accelerating a shift towards alternative fuels [6] Environmental Strategies - BW LPG is shifting its fleet composition towards LPG dual fuels, while Navigator Gas is also building dual-fuel vessels [7] - The focus is moving away from scrubbers, with investments in scrubbers exceeding internal calculations, indicating a future in alternative fuels [7]

Core Viewpoint - BW LPG Limited has released its financial calendar for the years 2025 and 2026, outlining key reporting dates for quarterly and annual financial results [1]. Financial Year 2025 - The quarterly report for Q4 will be released on March 3, 2026 [1]. - The annual report for the financial year 2025 is scheduled for March 31, 2026 [1]. Financial Year 2026 - The annual general meeting is set for May 28, 2026 [1]. - The quarterly report for Q1 will be published on June 2, 2026 [1]. - The half-yearly report is expected on August 28, 2026 [1]. - The quarterly report for Q3 will be available on November 24, 2026 [1].

Core Viewpoint - BW LPG Limited has announced key information regarding its cash dividend for Q3 2025, with shares trading ex-dividend on the Oslo Stock Exchange from today and on the New York Stock Exchange starting 12 December 2025 [1]. Company Overview - BW LPG is recognized as the world's leading owner and operator of LPG vessels, indicating a strong position in the liquefied petroleum gas shipping industry [1].

Core Viewpoint - MPLX has announced a letter of intent with MARA Holdings to supply natural gas for integrated power generation facilities and data centers in West Texas, ensuring a steady fuel source for MARA's operations and electricity for MPLX [1] Company Overview - MPLX is a master limited partnership formed by Marathon Petroleum, focusing on midstream and logistics assets in the energy sector, with a market cap of $55 billion and annual revenues nearing $12 billion [3] Financial Performance - In Q3 2025, MPLX reported revenues of $3.62 billion, a 22% year-over-year increase, exceeding forecasts by $460.3 million. The EPS was $1.52, surpassing estimates by $0.44, and distributable cash flow was $1.5 billion, allowing for $1.1 billion in capital returned to shareholders [9] Dividend Information - MPLX declared a quarterly dividend with a 12.5% increase, now at $1.0765 per share, resulting in an annualized dividend of $4.30 and a forward yield of 7.85% [8] Analyst Insights - Analyst Elvira Scotto from RBC views MPLX positively, highlighting its growth visibility into 2026 and potential for dividend increases, with a price target of $60 suggesting nearly 9% share appreciation [10] - The consensus rating for MPLX is Moderate Buy, with 5 Buys and 3 Holds, and an average target price of $58.88 indicating a potential 7% gain [10][11]

Core Insights - BW LPG Limited reported a Q3 2025 profit attributable to equity holders of US$57 million, translating to an earnings per share of US$0.38, driven by solid shipping performance despite a negative Product Services accounting result and a positive realised trading result [1] Financial Performance - The TCE (Time Charter Equivalent) income for Q3 2025 was US$51,300 per available day and US$48,700 per calendar day, indicating strong performance in the shipping sector amidst market uncertainties [1]