Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

StealthGas: High Risk/Reward Bet On Small LPG Carriers [Seeking Alpha]

StealthGas, Inc. - common stock (GASS) 
Last stealthgas, inc. - common stock earnings: 2/21 09:30 am Check Earnings Report
Company Research Source: Seeking Alpha
GASS delivered good 2023 results, including robust operating and FCF growth and elevated profit margins. GASS stock trades at a massive discount to PNAV and compared to its peers. The company is not an income play but a growth speculative idea. Note: I previously covered StealthGas ( NASDAQ: GASS ). In my previous article, I discussed the small gas carriers' market, the GASS fleet and its prudent capital structure, and the company's valuation. Today, I will review the LPG market and GASS 2023 figures and update the company's valuation. LPG market preview From a distance, the LPG carriers market seems over-saturated, considering the composite order book of 23%. However, we must look closer. The VLGCs (Very Large Gas carriers) have a higher order book (30%) than the number of ships older than 20Y (14%). In other words, the supply side is not in the investor's favor. So, in VLGC's case, we rely only on growing LPG demand to gain an edge. In other words, the LPG demand growth rat Show less Read more
Impact Snapshot
Event Time:
GASS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GASS alerts
Opt-in for
GASS alerts

from News Quantified
Opt-in for
GASS alerts

from News Quantified