Dorian LPG: Inelastic Supply Side And High Order Book As Constrains; Rating Unchanged [Seeking Alpha]
Dorian LPG Ltd. (LPG)
Last dorian lpg ltd. earnings: 8/7 06:00 am
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US:NYSE Investor Relations:
dorianlpg.com/investor-center/default.aspx
Company Research
Source: Seeking Alpha
Dorian has maintained competitive profit margins due to its higher spot exposure and its large percentage of scrubber-equipped vessels. LPG score robust liquidity and solvency metrics, too. Dorian is a good company with healthy financials and attractive dividend yields. Nevertheless, I prefer to park my cash in opportunities with favorable risk-reward. Note: I previously covered Dorian LPG ( NYSE: LPG ). In my previous take on LPG, I discussed its merits (fleet, financials, and valuation) and the LPG market, particularly the VLGC segment. I gave LPG a hold rating. Today, I comment on the last company report, the Dorian's valuation, and the LPG market. LPG market highlights LPG demand has grown globally, driven by Asia, that accounts for 60% of seaborne demand and 58% of US exports. The table below from the last presentation shows the demand for Asian LPG. China leads, followed by India. Asian LPG demand is projected to grow by another 9% FY24. Petrochemical demand is one of
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LPG
News
- Dorian LPG Ltd. Declares Irregular Cash Dividend of $1.00 Per ShareBusiness Wire
- Dorian LPG Ltd. (NYSE: LPG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Dorian LPG (LPG) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]Yahoo! Finance
- Dorian LPG (LPG) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Dorian LPG (LPG) Stock Moves -1.21%: What You Should Know [Yahoo! Finance]Yahoo! Finance
LPG
Earnings
- 2/1/24 - Beat
LPG
Sec Filings
- 4/25/24 - Form 8-K
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- LPG's page on the SEC website