Dorian LPG(LPG)

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Is Trending Stock Dorian LPG Ltd. (LPG) a Buy Now?
ZACKS· 2025-01-17 15:02
Dorian LPG (LPG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this liquified petroleum gas shipping company have returned +9.6%, compared to the Zacks S&P 500 composite's -1.6% change. During this period, the Zacks Transportation - Shipping industry, which Dorian LPG falls in, has gained 6.9%. The key question now is: What could be ...
Dorian LPG (LPG) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-01-16 00:01
In the latest trading session, Dorian LPG (LPG) closed at $27.03, marking a +0.63% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.83%. At the same time, the Dow added 1.65%, and the tech-heavy Nasdaq gained 2.45%.Shares of the liquified petroleum gas shipping company have appreciated by 17.09% over the course of the past month, outperforming the Transportation sector's loss of 2.55% and the S&P 500's loss of 3.31%.The investment community will be closely monitor ...
Dorian LPG: A Falling Knife Worth Catching, Given The Risks
Seeking Alpha· 2025-01-12 13:29
This analysis launches my coverage on Dorian LPG (NYSE: LPG ). Based on some prior feedback, I’d like to exercise some caution here. Shipping / energy / oil & gas aren’t my areas of expertise, so if you’re looking for a detailed and comprehensive sector analysis fromAs a value investor with over a decade of market experience, I've discovered that success in equity markets comes not from supernatural trading abilities, but from finding an investment approach that aligns with one's personality and analytical ...
Dorian LPG (LPG) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-12-27 00:21
Dorian LPG (LPG) ended the recent trading session at $23.97, demonstrating a -1.56% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.04% for the day. Elsewhere, the Dow gained 0.07%, while the tech-heavy Nasdaq lost 0.05%.Shares of the liquified petroleum gas shipping company have depreciated by 0.12% over the course of the past month, outperforming the Transportation sector's loss of 6.82% and lagging the S&P 500's gain of 1.05%.The investment ...
BW LPG: Still One Of The Most Attractive LPG Shipping Stocks
Seeking Alpha· 2024-12-13 17:09
Company Overview - BW LPG is an attractive proposition for income-seeking investors [1] - The company has become one of the largest VLGC operators following the transaction with Avance Gas [1] Investment Strategy - The investment ideas focus on overlooked companies that offer asymmetric risk rewards and pay dividends with juicy yields [1] - The analytical approach combines fundamental analysis with technical analysis to time the market effectively [1] Industry Focus - The analyst prefers shipping and mining enterprises but is open to exploring companies from other industries if they fit the investment style [1]
Dorian LPG: Massive Discount To NAV And Double-Digit Yield; Rating Upgrade
Seeking Alpha· 2024-11-21 03:43
Investment Strategy - The investment strategy focuses on overlooked companies that offer asymmetric risk rewards and pay dividends with juicy yields [1] - The strategy requires at least two of the three criteria to be met when filtering for new investment ideas [1] - The analytical approach combines fundamental analysis with technical analysis to time the market effectively [1] Industry Focus - The analyst has a preference for shipping and mining enterprises but is open to exploring companies from other industries if they fit the investment style [1] - The fundamental analysis is heavily emphasized, leveraging the analyst's background as an accountant [1] Writing and Community Engagement - The analyst is passionate about writing and financial markets, aiming to share investment ideas through KD Research [1] - The analyst is excited to join the Seeking Alpha community and contribute to the platform's thriving investor community [1]
Dorian LPG: Recent Correction Represents Buying Opportunity
Seeking Alpha· 2024-11-20 16:02
Income-oriented individual investor focusing on building a solid dividend portfolio within oil and gas, shipping, energy, and minerals. I am investing my own money and do not work on behalf of others or a company, such as an investment firm. My formal qualification is an MSc in Business, where I majored in Finance.Analyst’s Disclosure: I/we have a beneficial long position in the shares of LPG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own ...
Dorian LPG(LPG) - 2025 Q2 - Earnings Call Transcript
2024-10-31 18:25
Financial Data and Key Metrics Changes - For the quarter ending September 30, 2024, the company reported EBITDA of $46.2 million and net income of $9.4 million, with net debt to total capitalization remaining at approximately 14% [7][21] - The debt balance at quarter end was $583.7 million, with a debt to total book capitalization of 34.9% and net debt to total capitalization at 13.4% [15][21] - Free cash flow for the quarter was $44 million, reflecting an irregular dividend of $42.8 million [14][21] Business Line Data and Key Metrics Changes - The company achieved time charter revenue per available day of about $37,000, which was lower than the previous quarter, but still generated over $40 million in free cash flow [18] - The Helios pool reported a TCE of $38,019 per day for spot and COA voyages, with approximately 80% spot exposure across 30 vessels [18][22] Market Data and Key Metrics Changes - The VLGC freight market experienced initial strength at the beginning of the quarter but softened mid-quarter due to weather-related disruptions and limited export capacity [8][25] - Despite challenges, August saw a record high for LPG exports from the U.S. at about 6 million tons, helping to clear a backlog of VLGCs [26][29] Company Strategy and Development Direction - The company is focused on returning value to shareholders while maintaining a strong balance sheet and investing in optimization and decarbonization initiatives [6] - The company plans to retrofit existing ships to carry ammonia and has one VLGC/VLAC scheduled for delivery in 2026 [10][33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about near and mid-term market prospects, particularly with upcoming terminal expansion projects expected to enhance capacity [9][38] - The company anticipates that the efficiency of canal transits will be a significant factor affecting VLGC rates, rather than terminal capacity alone [41] Other Important Information - The company has added an eighth board member, Mark Ross, who brings extensive experience in global energy and shipping markets [11] - The company has completed three dry dockings and plans to dry dock three more vessels, including upgrades for ammonia cargo capabilities [21][33] Q&A Session Summary Question: Impact of U.S. terminal capacity on VLGC spot rates - Management indicated that the efficiency of canal transits is more critical than terminal capacity restrictions in determining VLGC rates [41] Question: Expectations for U.S. LPG inventory and winter consumption - Management noted predictions of a colder winter, which could increase U.S. consumption and impact the ARB [43] Question: Current bookings and TCE for the upcoming quarter - The company has fixed just over 60% of available days for the quarter ending December 31, 2024, at a TCE in excess of $40,000 per day [46] Question: Year-to-date decline in Middle Eastern exports - Management confirmed that Middle Eastern LPG exports are correlated with OPEC output, and an increase in production would likely lead to higher exports [49] Question: Timeline for ammonia trade development - Management suggested that while the green ammonia trade is developing slowly, it could suddenly gain momentum, positively impacting VLGC trade [50]
Dorian LPG(LPG) - 2025 Q2 - Quarterly Report
2024-10-30 22:17
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-36437 Dorian LPG Ltd. (Exact name of registrant as specified in its charter) | --- | --- | |-- ...
Dorian LPG (LPG) Laps the Stock Market: Here's Why
ZACKS· 2024-10-24 23:06
In the latest trading session, Dorian LPG (LPG) closed at $30.37, marking a +0.5% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.22%. Meanwhile, the Dow experienced a drop of 0.33%, and the technology-dominated Nasdaq saw an increase of 0.76%.Shares of the liquified petroleum gas shipping company witnessed a loss of 8.56% over the previous month, trailing the performance of the Transportation sector with its loss of 0.81% and the S&P 500's gain of 1.47%.The invest ...