Liquefied Petroleum Gas (LPG) Shipping
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STEALTHGAS INC. Reports Fourth Quarter and Twelve Months 2025 Financial and Operating Results
Globenewswire· 2026-03-02 14:00
Core Insights - StealthGas Inc. reported a net income of $60.6 million for the year 2025, with a basic EPS of $1.64, marking a decrease from $69.9 million and $1.91 in 2024 [4][15] - The company experienced a net income of $12.8 million in Q4 2025, a 10% decline from $14.2 million in Q4 2024, with revenues of $39.4 million, down 9% from $43.5 million in the same quarter last year [4][5] - The company has secured approximately 48% of fleet days for 2026 under period charters, generating about $104 million in contracted revenues [4][9] Operational and Financial Highlights - In 2025, the average number of vessels owned was 28.4, compared to 27.2 in 2024, contributing to increased revenues of $173.2 million for the year, up from $167.3 million in 2024 [6][15] - Voyage expenses for 2025 totaled $22.5 million, significantly higher than $11.7 million in 2024, primarily due to increased port expenses and bunker costs [6][15] - The company repaid $85.9 million in debt during 2025, totaling $350 million since December 2022, resulting in a debt-free status for its fully owned fleet [4][12] Fleet Update - The company has contracted revenues of approximately $66 million for the remainder of 2026, excluding joint venture vessels [9] - The sale of the vessel Eco Invictus is expected to conclude in Q1 2026, and another vessel, Eco Universe, is set for sale with expected delivery in April 2025, both being debt-free [10] - The vessel Eco Wizard is currently undergoing assessments in Latvia after being rendered inoperable due to an incident in July 2025, with expectations of indemnification from insurance [11][12] Earnings and Expenses - Adjusted net income for Q4 2025 was $13.3 million, with an adjusted EPS of $0.36, down from $16.4 million and $0.44 in Q4 2024 [7][15] - General and administrative expenses decreased to $2.2 million in Q4 2025 from $3.0 million in Q4 2024, attributed to lower stock-based compensation [4][6] - EBITDA for the year 2025 was reported at $85.2 million, down from $101.6 million in 2024 [15][32] Cash Position - As of December 31, 2025, the company had cash and cash equivalents of $99.1 million, an increase from $80.7 million in 2024 [4][34] - The company spent $1.8 million on share repurchases in 2025, totaling over $21.2 million since June 2023 [4][12]
STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2025 Financial and Operating Results, Conference Call and Webcast
Globenewswire· 2026-02-26 13:24
Core Viewpoint - StealthGas Inc. is set to release its fourth quarter operating and financial results for the period ending December 31, 2025, on March 2, 2026, before the market opens in New York [1] Group 1: Financial Results Announcement - The company will announce its fourth quarter results on March 2, 2026 [1] - The results will be discussed in a conference call hosted by the company's management at 10:00 am ET on the same day [2] Group 2: Conference Call Details - Participants are required to pre-register to receive dial-in numbers and a personal PIN for the conference call [2] - A live and archived webcast of the conference call will be available on the company's website [3] Group 3: Company Overview - StealthGas Inc. operates in the liquefied petroleum gas (LPG) sector of the international shipping industry [4] - The company's fleet includes fully pressurized, semi-refrigerated, and fully refrigerated vessels [4] - StealthGas Inc. is listed on the Nasdaq Global Select Market under the symbol "GASS" [4]
STEALTHGAS INC. Announces the Date for the Release of the Third Quarter and Nine Months 2025 Financial and Operating Results, Conference Call and Webcast
Globenewswire· 2025-11-20 14:00
Core Viewpoint - StealthGas Inc. will release its third quarter operating and financial results for the period ended September 30, 2025, before the market opens on November 25, 2025 [1] Group 1: Financial Results Announcement - The company will announce its third quarter results on November 25, 2025, before market opening in New York [1] - A conference call will be hosted by the company's management at 10:00 am ET on the same day to discuss the results and the company's operations and outlook [2] Group 2: Conference Call Details - Participants of the conference call are required to pre-register to receive dial-in numbers and a personal PIN [2] - There will be a live and archived webcast of the conference call available on the company's website [3] Group 3: Company Overview - StealthGas Inc. is a ship-owning company that serves the liquefied petroleum gas (LPG) sector of the international shipping industry [4] - The company's fleet includes fully pressurized, semi-refrigerated, and fully refrigerated vessels [4] - StealthGas Inc. is listed on the Nasdaq Global Select Market under the symbol "GASS" [4]
STEALTHGAS INC. Announces the Date for the Release of the Second Quarter and Six Months 2025 Financial and Operating Results, Conference Call and Webcast
Globenewswire· 2025-08-20 11:00
Core Viewpoint - StealthGas Inc. will release its second quarter operating and financial results for the period ended June 30, 2025, on August 25, 2025, before the market opens in New York [1] Group 1: Financial Results Announcement - The company is set to announce its financial results for Q2 2025 on August 25, 2025 [1] - The announcement will occur before the market opens in New York [1] Group 2: Conference Call Details - A conference call will be hosted by the company's management on August 25, 2025, at 10:00 am ET to discuss the results and the company's operations and outlook [2] - Participants are required to pre-register to receive dial-in numbers and a personal PIN for the conference call [2] Group 3: Online Registration and Webcast - There will be an online registration link provided for participants to access the conference call [3] - A live and archived webcast of the conference call will be available on the company's website [3] Group 4: Company Overview - StealthGas Inc. is a ship-owning company that serves the liquefied petroleum gas (LPG) sector of the international shipping industry [4] - The company's fleet includes fully pressurized, semi-refrigerated, and fully refrigerated vessels [4] - StealthGas Inc.'s shares are listed on the Nasdaq Global Select Market under the symbol "GASS" [4]
Dorian LPG: Dividend Increase On The Horizon - Rating Upgrade
Seeking Alpha· 2025-05-27 09:45
Group 1 - The article discusses Dorian LPG's recent dividend announcement, highlighting a 30% reduction from the previous dividend, which was expected to be $0.5 but was set at $0.7 instead [1] - The author has a diverse professional background across various industries, which contributes to a comprehensive investment analysis perspective [1] - The investment strategy focuses on cyclical industries, aiming for significant returns during economic recovery while maintaining a diversified portfolio that includes bonds, commodities, and forex [1] Group 2 - The article does not provide any specific financial metrics or performance data related to Dorian LPG or the broader industry [2][3]
STEALTHGAS INC. Announces the Date for the Release of the First Quarter 2025 Financial and Operating Results, Conference Call and Webcast
Globenewswire· 2025-05-22 13:59
Core Viewpoint - StealthGas Inc. will release its first quarter operating and financial results for the period ended March 31, 2025, before the market opens on May 28, 2025 [1] Group 1: Financial Results Announcement - The company is set to announce its first quarter results on May 28, 2025, before market opening [1] - A conference call will be held on the same day at 10:00 am ET to discuss the results and the company's operations and outlook [2] Group 2: Conference Call Details - Participants are required to pre-register to receive dial-in numbers and a personal PIN for the conference call [2] - There will be a live and archived webcast of the conference call available on the company's website [3] Group 3: Company Overview - StealthGas Inc. operates in the liquefied petroleum gas (LPG) sector of the international shipping industry [4] - The company's fleet includes fully pressurized, semi-refrigerated, and fully refrigerated vessels [4] - StealthGas Inc. is listed on the Nasdaq Global Select Market under the symbol "GASS" [4]