Navigator .(NVGS)

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Navigator Holdings (NVGS) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-12 13:25
Core Insights - Navigator Holdings (NVGS) reported quarterly earnings of $0.38 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and up from $0.32 per share a year ago [1][2] - The company achieved revenues of $124.84 million for the quarter, surpassing the Zacks Consensus Estimate by 4.22%, and compared to $123.52 million in the same quarter last year [3] - The stock has underperformed the market, losing about 10.2% since the beginning of the year, while the S&P 500 declined by 5.3% [4] Earnings Performance - The earnings surprise for the recent quarter was 18.75%, following a previous quarter where the company reported earnings of $0.29 per share against an expectation of $0.34, resulting in a surprise of -14.71% [2] - Over the last four quarters, Navigator Holdings has surpassed consensus EPS estimates two times [2] Revenue Insights - The company has also topped consensus revenue estimates two times over the last four quarters [3] - Current consensus EPS estimate for the upcoming quarter is $0.33 on revenues of $131.98 million, and for the current fiscal year, it is $1.67 on revenues of $504.7 million [8] Industry Context - The Transportation - Shipping industry, to which Navigator Holdings belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, indicating potential challenges ahead [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Navigator Holdings' stock performance [6]
Navigator .(NVGS) - 2024 Q4 - Annual Report
2025-03-12 11:18
Commission File Number 001-36202 NAVIGATOR HOLDINGS LTD. (Translation of registrant's name into English) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended December 31, 2024 c/o NGT Services (UK) Ltd 10 Bressenden Place, London, SW1E 5DH, United Kingdom (Address of principal executive office) Indicate by check mark whether the registrant files or wi ...
Navigator Gas Announces Preliminary Fourth Quarter and Financial Year 2024 Results (Unaudited)
GlobeNewswire· 2025-03-12 11:15
LONDON, March 12, 2025 (GLOBE NEWSWIRE) -- Fourth Quarter Financial Highlights On March 12, 2025, the Board of Navigator Holdings Ltd. (NYSE: NVGS) (“Navigator Holdings,” "Navigator Gas," “our,” “we,” “us” or the “Company”) declared a cash dividend of $0.05 per share for the quarter ended December 31, 2024, (the “Dividend”) under the Company's Return of Capital policy, payable on April 3, 2025 to all shareholders of record as of the close of business U.S. Eastern Time on March 23, 2025.Also as part of the ...
Navigator Gas Announces Date for the Release of Fourth Quarter and Full Year 2024 Results and Zoom Conference Call
GlobeNewswire· 2025-02-27 13:30
Core Points - Navigator Holdings Ltd. will release its financial results for the three and twelve months ended December 31, 2024, on March 12, 2025, before market opening in New York [1] - A Zoom conference call and slide presentation will be held on the same day at 10:00 A.M. E.D.T. to discuss the financial results [2] Company Overview - Navigator Holdings Ltd. operates the world's largest fleet of handysize liquefied gas carriers and is a leader in seaborne transportation services for petrochemical gases, including ethylene, ethane, liquefied petroleum gas (LPG), and ammonia [4] - The company owns a 50% share in an ethylene export marine terminal at Morgan's Point, Texas, and its fleet consists of 58 semi- or fully-refrigerated liquefied gas carriers, with 27 capable of transporting ethylene and ethane [4] - Navigator Gas plays a crucial role in the liquefied gas supply chain, providing efficient and reliable transportation services that connect energy companies, industrial consumers, and commodity traders [4]
Navigator Gas Announces Completion of Acquisition of First of Three Handysize Liquefied Ethylene Gas Carriers
Newsfilter· 2025-02-19 14:10
LONDON, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. ("Navigator Gas" or the "Company") (NYSE:NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, is pleased to announce that today, it completed the acquisition of the first of three vessels, as previously announced on January 7, 2025. The acquisition and delivery of the vessel, a German-built 17,000 cubic meter capacity liquefied ethylene gas carrier, renamed Navigator Hyperion, is the first of three h ...
Navigator Gas Announces Completion of Morgan's Point Ethylene Export Terminal Expansion and Acquisition of Three Handysize Liquefied Ethylene Gas Carriers
Newsfilter· 2025-01-07 13:05
LONDON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as "Navigator Gas" or the "Company") (NYSE:NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, announces the completion of the expansion of its existing ethylene export terminal joint venture owned 50/50 by Navigator and Enterprise Products Partners L.P. at Morgan's Point, Houston (the "Export Terminal Joint Venture"), previously announced on November 15, 2022, with additional info ...
Navigator Gas Announces Completion of Morgan's Point Ethylene Export Terminal Expansion and Acquisition of Three Handysize Liquefied Ethylene Gas Carriers
GlobeNewswire News Room· 2025-01-07 13:05
Expansion Project - The Expansion Project of the ethylene export terminal joint venture at Morgan's Point, Houston, was completed on time in late-December 2024 and within budget [2] - The project is expected to increase ethylene export capacity by at least 550,000 tons to 1.55 million tons per year starting in 2025, with potential to reach 3.2 million tons per year in the coming years [2] - The instantaneous ethylene refrigeration capacity at Morgan's Point will triple from 125 tons per hour to 375 tons per hour, providing increased flexibility for customers [2] - The expanded capacity will utilize the existing 30,000 ton refrigerated tank, maintaining a loading rate of 1,000 tons per hour [2] - The Joint Venture has signed an increased and extended offtake agreement with its largest offtaker, with additional volumes starting in Q1 2025 [2] Fleet Expansion - Navigator Gas has agreed to acquire three handysize ethylene carriers with a total purchase price of US$ 83.9 million [1] - The vessels, each with a capacity of 17,000 cubic meters, are expected to be delivered between February and May 2025 [3][4] - The acquisitions will be financed through a combination of cash on hand and new debt, with no new capital issuance planned [4] - Upon completion of the transaction, Navigator Gas will own and operate a fleet of 59 vessels, 28 of which will be ethylene and ethane capable [5] Strategic Outlook - The CEO of Navigator Gas highlighted that future demand for competitively priced US ethane and ethylene is expected to continue growing [6] - The expansion of the ethylene export terminal and the addition of three handysize ethylene carriers are seen as key capabilities to meet this growing demand [6] - The investments are expected to be accretive to earnings starting in 2025 and beyond [6] Company Overview - Navigator Gas is the owner and operator of the world's largest fleet of handysize liquefied gas carriers [7] - The company specializes in the seaborne transportation of petrochemical gases, including ethylene, ethane, LPG, and ammonia [7] - Navigator Gas owns a 50% share in an ethylene export marine terminal at Morgan's Point, Texas, through a joint venture [7] - The company plays a vital role in the liquefied gas supply chain, connecting energy companies, industrial consumers, and commodity traders [7]
Navigator Holdings: Terminal Expansion Set To Resume Steady Share Price Growth
Seeking Alpha· 2024-11-27 03:51
Oriol Madaula is an experienced actuary with a strong interest in value investing and a practical approach to the financial world. He holds a Master's degree in Actuarial and Financial Sciences from the University of Barcelona. With a background in the insurance and financial sectors, he has also ventured into consultancy and banking roles in Spain and the United Kingdom. Oriol's investment approach is distinctly centered on value investing, with a particular focus on the shipping sector and a macroeconomic ...
Navigator Gas Announces Two Additional 48,500 Cubic Meter Capacity Liquefied Ethylene Gas Carrier Newbuilds
GlobeNewswire News Room· 2024-11-20 21:05
LONDON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, has today exercised its previously announced option to construct two further 48,500 cubic meter capacity liquefied ethylene gas carriers (the “Newbuild Vessels”) with Jiangnan Shipyard (Group) Co., Ltd. and China Shipbuilding Trading Co., Ltd., (together, the “Sellers”) in China. The New ...
Navigator Holdings: Macro Tailwinds And Quality Assets; Bull Thesis Intact
Seeking Alpha· 2024-11-20 05:30
I am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursue my endeavors: growing my portfolio and developing my writing skills. You will find enticing investment ideas in KD Research that are not limited by region or sector. However, all of them share a few common things: • They are overlooked. • They offer asymmetric risk rewards. • They ...