Headquartered in Stamford, CT Fiscal year ends March NYSE: LPG dorianlpg.com
Dorian LPG Ltd. (NYSE: LPG) is an owner and operator of modern very large gas carriers (VLGCs) that transport liquefied petroleum gas globally. The company's fleet consists of 25 VLGCs, including six dual-fuel ECO VLGCs, seventeen ECO VLGCs, and two modern VLGCs, with a total capacity of approximately 1.6 million cubic meters. The vessels primarily operate in the Helios Pool, a commercial pool arrangement that optimizes fleet utilization and revenue through voyage and time charter employment. Dorian LPG's business model is centered around the seaborne transportation of LPG commodities — primarily propane and butane — serving petrochemical, heating, and industrial end markets. The company is actively renewing its fleet, selling older vessels and ordering newbuilding dual-fuel ships from HD Hyundai Heavy Industries. The company also time-charters in vessels from third parties to supplement its owned fleet. Dorian LPG has offices in Stamford, Connecticut; Copenhagen, Denmark; and Athens, Greece. Updated
Pre-Market Stock Futures: Futures are trading mixed as we get set to close out a wild week on Wall Street that saw a little bit of everything served with a massive helping…
Pre-Market Stock Futures: Futures are trading lower as we hit the mid-point of the trading week, and while we didn’t see the snapback rally that was the star of the show Monday,…
24/7 Wall Street Insights A United Way study found that minimum-wage earners need to work from 80-111 hours per week to afford a small one-bedroom apartment. Dividend stocks offer a wide variety…
Here is a look at six companies that transport energy products and pay extraordinary dividends to shareholders.
Dorian LPG Ltd. (NYSE: LPG) is an owner and operator of modern very large gas carriers (VLGCs) that transport liquefied petroleum gas globally.
The Wall Street consensus 12-month price target for LPG is $54.60.
