Dorian LPG: Potential For Major Shareholder Returns Due To Surging Rates [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 LPG: Potential For Major Shareholder Returns Due To Surging Rates Summary Nearly a month ago, I introduced the market to a Value Investor's Edge top position: Dorian LPG (LPG). They were benefiting from a recent surge in rates. VLGC rates previously soared to $60k/day, where Dorian could generate $1.25/qtr in cash. A month later, rates are even higher, recently pushing $70k/day. These rates are possible due to the huge arbitrage window between dirt-cheap US LPG and comparatively higher Asian prices. Middle East disruption is an added bonus. LPG arbitrage windows appear open for at least the next few months, perhaps longer. Dorian is flush with cash and lender restrictions on shareholder returns expired 31 May. I expect a huge shareholder returns initiative to be announced soon. I have raised my 'fair value estimate' to $13.00, 43% upside to last close. Image Credit: Note: This is a follow-up from my early-June report OTCPK:BWLLF OTCPK:AVACF Company Review brought the idea publ
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LPG
News
- Dorian LPG (LPG) Stock Moves -1.21%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Dorian LPG May Benefit From Being An Early Mover In Ammonia, But It Won't Be Soon [Seeking Alpha]Seeking Alpha
- Dorian LPG: Inelastic Supply Side And High Order Book As Constrains; Rating Unchanged [Seeking Alpha]Seeking Alpha
- Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Should First Trust Small Cap Growth AlphaDEX ETF (FYC) Be on Your Investing Radar? [Yahoo! Finance]Yahoo! Finance
LPG
Earnings
- 2/1/24 - Beat
LPG
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- LPG's page on the SEC website