Dorian LPG(US:LPG)2025-01-30 22:43Financial Performance - For the quarter ended December 31, 2024, the company expects time charter equivalent (TCE) revenues to be between $78.7 million and $80.7 million[4] - TCE revenues for the three months ended December 31, 2024, are estimated at $79.7 million after accounting for voyage expenses[9] - Operating expenses are projected to be between $20.4 million and $22.4 million, while general and administrative expenses are expected to be between $4.8 million and $11.6 million[4] Cash and Dividends - Dorian LPG declared an irregular cash dividend of $0.70 per share, returning approximately $30.0 million to shareholders[1] - The company anticipates cash and cash equivalents to be approximately $313.5 million[4] Debt Obligations - Long-term debt obligations are projected to be around $315.5 million[4] Company Operations - The company operates a fleet of twenty-five modern Very Large Gas Carriers (VLGCs), including twenty ECO VLGCs and four dual-fuel ECO VLGCs[10] Future Outlook - A conference call to discuss the financial results will be held on January 31, 2025, at 10:00 a.m. ET[2] - The company has not finalized its financial statement closing process, and the provided information is subject to adjustments[6] - Forward-looking statements indicate that actual results may differ materially from expectations due to various risks and uncertainties[14]