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Dorian Lpg Ltd   (LPG)
Other Ticker:  
 
 
Price: $37.1900 $-0.52 -1.379%
Day's High: $37.7 Week Perf: -1.17 %
Day's Low: $ 37.01 30 Day Perf: 5.06 %
Volume (M): 554 52 Wk High: $ 49.54
Volume (M$): $ 20,614 52 Wk Avg: $30.67
Open: $37.55 52 Wk Low: $19.20



 Market Capitalization (Millions $) 1,506
 Shares Outstanding (Millions) 41
 Employees 50
 Revenues (TTM) (Millions $) 553
 Net Income (TTM) (Millions $) 304
 Cash Flow (TTM) (Millions $) 79
 Capital Exp. (TTM) (Millions $) 67

Dorian Lpg Ltd

We are an international LPG shipping company incorporated in the Marshall Islands on July 1, 2013 and headquartered in the United States. We are primarily focused on owning and operating very large gas carriers, or VLGCs, each with a cargo-carrying capacity of greater than 80,000 cbm. Our founding executives have managed vessels in the LPG market since 2002 and we currently own and operate seven LPG carriers, including three 82,000 cbm VLGCs, one pressurized 5,000 cbm vessel and three new fuel-efficient 84,000 cbm ECO-design VLGCs constructed by Hyundai Heavy Industries Co., Ltd. ("HHI" or "Hyundai") and delivered in July 2014, September 2014 and January 2015. The vessels have been managed by us since July 1, 2014, when the function was brought in-house from our prior managers.

International seaborne LPG transportation services are generally provided by two types of operators: LPG distributors and traders and independent shipowner fleets. Traditionally the main trading route in our industry has been the transport of LPG from the Arabian Gulf to Asia. With the emergence of the United States as a major LPG export hub, the U.S. Gulf to Asia has become an important trade lane. Vessels are generally operated under time charters, bareboat charters, spot charters, or contracts of affreightment. LPG distributors and traders use their fleets not only to transport their own LPG, but also to transport LPG for third-party charterers in direct competition with independent owners and operators in the tanker charter market. We operate in markets that are highly competitive and based primarily on supply and demand of available vessels. Generally, we compete for charters based upon charter rate, customer relationships, operating expertise, professional reputation and vessel specifications (size, age and condition). We also believe that our in-house technical and commercial management allows us to provide superior customer service and reliability which enhances our relationships with our charterers. Our industry is subject to strict environmental regulation, including emissions regulations, and we believe our modern, ECO-class fleet and our high level of crew training and vessel maintenance make us a preferred provider of VLGC tonnage.



   Company Address: 27 Signal Road Stamford 6902 CT
   Company Phone Number: 674-9900   Stock Exchange / Ticker: NYSE LPG
   


Customers Net Income fell by LPG's Customers Net Profit Margin grew to

-12.21 %

5.98 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ASC        2.59% 
SFL   -4.51%    
SGLY        5.53% 
TK        1.83% 
TNK        4.54% 
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Dorian Lpg Ltd

Dorian LPG Ltd Flourishes in Q4 2023, Achieving Exceptional Revenue Surge and Skyrocketing Income per Share

Dorian LPG Ltd, a leading owner and operator of modern very large gas carriers (VLGCs), recently announced its strong financial results for the October to December 2023 period. The company reported a remarkable increase in revenue, which soared by 57.821% to $163.06 million. Additionally, Dorian LPG's income per share advanced by 94.49% to $2.47 per share, compared to the same quarter a year ago.
These numbers are in stark contrast to the company's Q2 results, where revenue increased by 12.693% and bottom-line grew by 30.69%. In the financial period closing December 31, 2023, Dorian LPG reported a bottom-line of $99.973 million, marking a 95.02% increase from the previous year.

Dividend

Dorian LPG Ltd. Announces Irregular Cash Dividend of $1.00 per Share, Benefitting Shareholders Following Strong Financial Performance

Published Wed, Jan 24 2024 11:00 AM UTC

Dorian LPG Ltd Declares Irregular Cash Dividend, Positively Impacts Shareholders
Stamford, Conn. - Dorian LPG Ltd (NYSE: LPG) announced today that its Board of Directors has approved an irregular cash dividend of $1.00 per share of the Company's common stock. With a total payout of approximately $40.6 million, the dividend is set to be paid on or around February 27, 2024...

Dorian Lpg Ltd

Dorian Lpg Ltd Delivers Impressive Q2 Results with 90.472% Revenue Growth and a Surge in Earnings

Dorian Lpg Ltd, a leading provider of Liquefied Petroleum Gas (LPG), has recently released its second-quarter financial report for 2024, revealing impressive earnings and substantial growth. The company's revenue skyrocketed by an astounding 90.472% to $144.70 million, marking a significant improvement compared to the same reporting period last year. Additionally, LPGsn income per share experienced a remarkable surge of 270.59% to $1.89 per share compared to the previous year.
The impressive Q2 results outshine the first quarter's performance, where revenue increased by 29.701% from $111.56 million, and earnings per share saw a notable rise of 47.66% from $1.28 per share. Moreover, Dorian Lpg Ltd's net earnings for the period between July and September 30, 2023, reached a staggering $76.513 million, reflecting a remarkable growth of 276.7% from the net earnings of $20.311 million reported during the same period a year ago.

Dorian Lpg Ltd

Dorian Lpg Ltd Shines in Q1 2024 with a Remarkable 106.45% Leap in Earnings per Share!

Financial News Report: Dorian Lpg Ltd Shows Impressive Growth in Q2 2023
Dorian Lpg Ltd, a Marine Transportation company, has reported significant growth in its financial performance for the interval ending June 30, 2023. The company's income per share surged by an impressive 106.45% to $1.28 per share compared to the previous year, supported by a growing revenue of 45.219% to $111.56 million. Despite these positive results, Dorian Lpg Ltd's top-line gains were not as high as those reported by the rest of the Marine Transportation sector, which experienced a relative growth of 104.54% during the same period.
In the preceding financial reporting period, Dorian Lpg Ltd achieved a revenue of $133.64 million and an income per share of $1.88. However, in the April to June 30, 2023 fiscal period, the company's bottom-line increased by 108.15% to $51.721 million in net earnings, compared to $24.848 million reported a year ago. This signifies a remarkable improvement in profitability indicators.

Dorian Lpg Ltd

Dorian LPG Ltd. Reports Remarkable 67.9% Revenue Growth and 112.8% Increase in Net Profit for Q1 2023

As a cautious investor, it is important to approach the recent impressive numbers reported by LPG with a level head. While the figures suggest significant growth and potential for profit, it is important to consider the bigger picture and potential risks involved.
It is worth noting that the impressive revenue and net profit per share figures are based on a one-quarter snapshot and may only represent a temporary boost rather than a sustained trend. Additionally, the sudden leap in net profit per share could be attributed to external factors such as market conditions and not necessarily due to the company's performance alone.






 

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