Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 19, 2021, its fleet consisted of twenty-three VLGCs. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.
IPO Year: 2014
Exchange: NYSE
Website: dorianlpg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/3/2024 | $52.00 | Hold → Buy | DNB Markets |
| 1/26/2024 | Buy → Hold | DNB Markets | |
| 11/20/2023 | $37.00 → $50.00 | Hold → Buy | Jefferies |
| 10/16/2023 | $27.00 → $35.00 | Hold → Buy | Pareto |
| 8/3/2023 | $30.00 | Buy → Hold | Jefferies |
| 7/10/2023 | $26.90 | Buy → Hold | DNB Markets |
| 5/25/2023 | $25.00 → $32.00 | In-line → Outperform | Evercore ISI |
| 1/5/2023 | $19.00 | Buy → Neutral | UBS |
| 7/21/2022 | $20.00 | Buy | Jefferies |
| 8/27/2021 | $19.00 | Buy | UBS |
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
3 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
4 - DORIAN LPG LTD. (0001596993) (Issuer)
DNB Markets upgraded Dorian LPG from Hold to Buy and set a new price target of $52.00
DNB Markets downgraded Dorian LPG from Buy to Hold
Jefferies upgraded Dorian LPG from Hold to Buy and set a new price target of $50.00 from $37.00 previously
Pareto upgraded Dorian LPG from Hold to Buy and set a new price target of $35.00 from $27.00 previously
Jefferies downgraded Dorian LPG from Buy to Hold and set a new price target of $30.00
DNB Markets downgraded Dorian LPG from Buy to Hold and set a new price target of $26.90
Evercore ISI upgraded Dorian LPG from In-line to Outperform and set a new price target of $32.00 from $25.00 previously
UBS downgraded Dorian LPG from Buy to Neutral and set a new price target of $19.00
Jefferies initiated coverage of Dorian LPG with a rating of Buy and set a new price target of $20.00
UBS initiated coverage of Dorian LPG with a rating of Buy and set a new price target of $19.00
4 - DORIAN LPG LTD. (0001596993) (Issuer)
The company has secured partnerships with major biogas suppliers, green methanol product offtakers, equipment and technology corporations, and a licensing agreement with MIT. Emvolon, an MIT spun-off technology company that converts greenhouse gas emissions into carbon-negative fuels and chemicals, today announced several commercial and technical milestones. Following its recent field pilot announcement with Montauk Renewables to demonstrate the benefits of converting biogas into green methanol, Emvolon has secured multiple new partnerships with biogas suppliers, green methanol product offtakers, and multinational equipment and technology companies. Additionally, Emvolon announced that MIT
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended September 30, 2024. Key Recent Development Declared an irregular dividend totaling $42.8 million to be paid on or about November 25, 2024 to shareholders of record as of November 5, 2024. Highlights for the Second Quarter Fiscal Year 2025 Revenues of $82.4 million. Time Charter Equivalent ("TCE")(1) rate per available day for our fleet of $37,010. Net income of $9.4 million, or $0.22 earnings per diluted share ("EPS"), and adjusted net income(1) of $15.0 million, o
Dorian LPG Ltd. (NYSE:LPG) (the "Company" or "Dorian LPG"), today updated its financial and operational outlook for the quarter ended September 30, 2024, announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock, returning $42.8 million of capital to shareholders. The dividend is payable on or about November 25, 2024 to all shareholders of record as of the close of business on November 5, 2024. In addition, the Company's Board of Directors (the "Board") authorized the increase in its size to eight directors and appointed Mr. Mark Ross to fill the vacancy, effective immediately. The Company plans to issue a press release on
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy and
NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy an
Improving Efficiency and Lowering Emissions Together with Hempel Dorian LPG Ltd. (NYSE:LPG) (the "Company", "Dorian LPG", "we", "us" and "our"), a leading owner and operator of 25 modern fuel efficient Very Large Gas Carriers (VLGCs), announced today that it is positioning itself as a leader in the maritime industry's shift toward greener practices as it makes significant strides in enhancing its operational efficiency as part of its broader green shipping initiatives. Peter Hadjipateras, Chief Information, Security, and Sustainability Officer at Dorian LPG, notes "At Dorian LPG, our mission is to provide safe, reliable, clean and trouble-free transportation to our customers. In our eff
Tuesday, September 10, 2024 at the BMA House in London, UK NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The 16th Annual Capital Link Shipping & Marine Services Forum will take place on Tuesday, September 10, 2024 from 8:00 AM to 5:30 PM at the BMA House in London. ABS is the Lead Sponsor of the Forum. This event aims to provide investors and industry participants with a comprehensive review and current outlook of the various shipping markets and in addition, cover topics of critical interest to industry participants, financiers and investors. 1x1 MEETINGS FOR INSTITUTIONAL INVESTORSMeetings are available only between institutional investors and company management. Please send all reques
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended June 30, 2024. Key Recent Development Declared an irregular dividend totaling $42.6 million to be paid on or about August 21, 2024 to shareholders of record as of August 8, 2024. Highlights for the First Quarter Fiscal Year 2025 Revenues of $114.4 million. Time Charter Equivalent ("TCE")(1) rate per operating day for our fleet of $55,228. Net income of $51.3 million, or $1.25 earnings per diluted share ("EPS"), and adjusted net income(1) of $51.7 million, o
Dorian LPG Ltd. (NYSE:LPG) (the "Company" or "Dorian LPG") today updated its financial and operational outlook for the quarter ended June 30, 2024 and announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock, returning $42.6 million of capital to shareholders. The dividend is payable on or about August 21, 2024 to all shareholders of record as of the close of business on August 8, 2024. The Company plans to issue a press release on Thursday, August 1, 2024 prior to the market open, announcing its unaudited financial results for the quarter and year ended June 30, 2024. Earnings Conference Call A conference call to dis
Monday, July 1, 2024 | Digital Conference Replays are Available NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Leading shipowners presented at the "4th Annual Capital Link Decarbonization in Shipping Forum" digital conference held on Monday, July 1, 2024, sharing their insights on the challenges and opportunities arising by the industry wide drive to decarbonization in their respective shipping sector, the commercial investments and strategies and decision-making factors, and the steps necessary to reach a net – zero future. The Shipowner's Perspective – Putting It All Together Moderator: Ms. Rachel Hoyland, Of Counsel – Stephenson Harwood Panelists:Mr. John Lycouris, Head of Energy Tra
8-K - DORIAN LPG LTD. (0001596993) (Filer)
8-K - DORIAN LPG LTD. (0001596993) (Filer)
8-K - DORIAN LPG LTD. (0001596993) (Filer)
DEF 14A - DORIAN LPG LTD. (0001596993) (Filer)
8-K - DORIAN LPG LTD. (0001596993) (Filer)
8-K - DORIAN LPG LTD. (0001596993) (Filer)
8-K - DORIAN LPG LTD. (0001596993) (Filer)
424B5 - DORIAN LPG LTD. (0001596993) (Filer)
424B5 - DORIAN LPG LTD. (0001596993) (Filer)
8-K - DORIAN LPG LTD. (0001596993) (Filer)
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended September 30, 2024. Key Recent Development Declared an irregular dividend totaling $42.8 million to be paid on or about November 25, 2024 to shareholders of record as of November 5, 2024. Highlights for the Second Quarter Fiscal Year 2025 Revenues of $82.4 million. Time Charter Equivalent ("TCE")(1) rate per available day for our fleet of $37,010. Net income of $9.4 million, or $0.22 earnings per diluted share ("EPS"), and adjusted net income(1) of $15.0 million, o
Dorian LPG Ltd. (NYSE:LPG) (the "Company" or "Dorian LPG"), today updated its financial and operational outlook for the quarter ended September 30, 2024, announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock, returning $42.8 million of capital to shareholders. The dividend is payable on or about November 25, 2024 to all shareholders of record as of the close of business on November 5, 2024. In addition, the Company's Board of Directors (the "Board") authorized the increase in its size to eight directors and appointed Mr. Mark Ross to fill the vacancy, effective immediately. The Company plans to issue a press release on
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended June 30, 2024. Key Recent Development Declared an irregular dividend totaling $42.6 million to be paid on or about August 21, 2024 to shareholders of record as of August 8, 2024. Highlights for the First Quarter Fiscal Year 2025 Revenues of $114.4 million. Time Charter Equivalent ("TCE")(1) rate per operating day for our fleet of $55,228. Net income of $51.3 million, or $1.25 earnings per diluted share ("EPS"), and adjusted net income(1) of $51.7 million, o
Dorian LPG Ltd. (NYSE:LPG) (the "Company" or "Dorian LPG") today updated its financial and operational outlook for the quarter ended June 30, 2024 and announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock, returning $42.6 million of capital to shareholders. The dividend is payable on or about August 21, 2024 to all shareholders of record as of the close of business on August 8, 2024. The Company plans to issue a press release on Thursday, August 1, 2024 prior to the market open, announcing its unaudited financial results for the quarter and year ended June 30, 2024. Earnings Conference Call A conference call to dis
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months and fiscal year ended March 31, 2024. Key Recent Development Declared an irregular dividend totaling $40.6 million to be paid on or about May 30, 2024. Highlights for the Fourth Quarter Ended March 31, 2024 Revenues of $141.4 million. Time charter equivalent ("TCE")(1) per operating day rate for our fleet of $72,202. Net income of $79.2 million, or $1.96 earnings per diluted share ("EPS"), and adjusted net income(1) of $77.6 million, or $1.91 adjusted diluted earnings
Dorian LPG Ltd. (NYSE:LPG) (the "Company" or "Dorian LPG"), today updated its financial and operational outlook for the quarter ended March 31, 2024. The Company plans to issue a press release on Wednesday, May 22, 2024 prior to the market open, announcing its unaudited financial results for the quarter and year ended March 31, 2024. Earnings Conference Call A conference call to discuss the results will be held on Wednesday, May 22, 2024 at 10:00 a.m. ET. The conference call can be accessed live by dialing 1-877-407-9716, or for international callers, 1-201-493-6779, and requesting to be joined into the Dorian LPG call. A live webcast of the conference call will also be available unde
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), today announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock. The total dividends to be paid will amount to approximately $40.6 million. The dividend is payable on or about May 30, 2024 to all shareholders of record as of the close of business on May 8, 2024. Forward-Looking & Other Cautionary Statements The cash dividend referenced in this release is an irregular dividend. All declarations of dividends are subject to the determination and discretion of our Board of Directors based on its consideration of various factors, including the
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended December 31, 2023. Key Recent Development Declared an irregular cash dividend totaling $40.6 million to be paid on or about February 27, 2024. Highlights for the Third Quarter Fiscal Year 2024 Revenues of $163.1 million. Time Charter Equivalent ("TCE")(1) rate per operating day for our fleet of $76,337. Net income of $100.0 million, or $2.47 earnings per diluted share ("EPS"), and adjusted net income(1) of $106.0 million, or $2.62 adjusted earnings per dilute
Dorian LPG Ltd. (NYSE:LPG) (the "Company" or "Dorian LPG"), today updated its financial and operational outlook for the quarter ended December 31, 2023. The Company plans to issue a press release on Thursday, February 1, 2024 prior to the market open, announcing its unaudited financial results for the quarter ended December 31, 2023. Earnings Conference Call A conference call to discuss the results will be held on Thursday, February 1, 2024 at 10:00 a.m. ET. The conference call can be accessed live by dialing 1- 877-407-9716, or for international callers, 1- 201-493-6779, and requesting to be joined into the Dorian LPG call. A live webcast of the conference call will also be available
Dorian LPG Ltd. (NYSE:LPG) (the "Company," "Dorian LPG," "we," "us," and "our"), today announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock. The total dividends to be paid will amount to approximately $40.6 million. The dividend is payable on or about February 27, 2024 to all shareholders of record as of the close of business on February 5, 2024. Forward-Looking & Other Cautionary Statements The cash dividend referenced in this release is an irregular dividend. All declarations of dividends are subject to the determination and discretion of our Board of Directors based on its consideration of various factors, incl
SC 13D/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13G/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13G/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13G/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13G/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13G/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13D/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13D/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13D/A - DORIAN LPG LTD. (0001596993) (Subject)
SC 13D/A - DORIAN LPG LTD. (0001596993) (Subject)
Shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) fell sharply during Thursday's session after the company reported worse-than-expected quarterly sales results. G-III Apparel Group posted adjusted earnings of 13 cents per share, according to data from Benzinga Pro. The company's quarterly sales came in at $609.747 million, missing market estimates of $616.286 million. G-III Apparel Group shares dipped 13.4% to $27.12 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Virax Biolabs Group Limited (NASDAQ:VRAX) shares jumped 139.4% to $2.5390. American Oncology Network, Inc. (NASDAQ:AONC) gained 102% to $4.52. American Oncology Network expanded
Dorian LPG Ltd (NYSE:LPG) shares are trading lower by 9.2% to $45.66 during Thursday’s session after the company announced the pricing of its public offering of 2 million common shares at $44.50 per share. The net proceeds will be used for general corporate purposes. The company has also granted underwriters a 30-day option to purchase an additional 300,000 shares. Jefferies and SEB are the lead bookrunning managers, with Pareto Securities, Fearnley Securities, Arctic Securities, DNB Markets, BNP PARIBAS and Credit Agricole also participating as joint bookrunning managers. See Also: Robinhood Announces Acquisition Of Crypto Exchange Bitstamp in $200M Deal Should I Sell My LPG Stock?
Dorian LPG Ltd. (NYSE:LPG) (the "Company", "Dorian LPG", "we", "us" and "our") announced today that it has priced its previously announced underwritten public offering (the "Offering") of 2,000,000 shares of common stock, par value $0.01 per share ("Common Shares"), at $44.50 per share. The net proceeds of the Offering are expected to be used for general corporate purposes. The Company has granted the underwriters a 30-day option to purchase up to an additional 300,000 Common Shares.
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday. Shares of Five Below, Inc. (NASDAQ:FIVE) fell sharply in today's pre-market trading after the company posted downbeat first-quarter results and lowered FY guidance. Five Below reported quarterly earnings of 60 cents per share which missed the analyst consensus estimate of 63 cents per share. The company reported quarterly sales of $811.86 million which missed the analyst consensus estimate of $836.97 million, according to data from Benzinga Pro. Five Below said it now sees full-year earnings between $5.00 and $5.40 per share, versus the $6.00 per share estimate, and full-year revenue of
Gainers Tellurian (AMEX:TELL) stock moved upwards by 4.6% to $0.68 during Wednesday's after-market session. The market value of their outstanding shares is at $568.6 million. KNOT Offshore Partners (NYSE:KNOP) stock increased by 2.73% to $7.51. The company's market cap stands at $262.3 million. San Juan Basin Royalty (NYSE:SJT) shares rose 2.27% to $4.04. The market value of their outstanding shares is at $188.2 million. Enservco (AMEX:ENSV) shares increased by 2.0% to $0.25. The market value of their outstanding shares is at $6.8 million. Enviva (NYSE:EVA) shares moved upwards by 1.45% to $0.6. The company's market cap stands at $44.6 million. Uranium Energy (AMEX:UEC) stock moved upw
The net proceeds of the Offering are expected to be used for general corporate purposes. The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 300,000 Common Shares.
Jefferies analyst Omar Nokta maintains Dorian LPG (NYSE:LPG) with a Buy and raises the price target from $46 to $50.