Dorian LPG (LPG)
Market Price (12/24/2025): $23.8 | Market Cap: $1.0 BilSector: Energy | Industry: Oil & Gas Storage & Transportation
Dorian LPG (LPG)
Market Price (12/24/2025): $23.8Market Cap: $1.0 BilSector: EnergyIndustry: Oil & Gas Storage & Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, Dividend Yield is 8.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 8.7% | Weak multi-year price returns2Y Excs Rtn is -79% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24% | Key risksLPG key risks include [1] extreme freight rate volatility directly impacting profitability, Show more. | |
| Low stock price volatilityVol 12M is 45% | ||
| Megatrend and thematic driversMegatrends include Global Energy Supply Chains, and US Energy Independence. Themes include LPG Shipping, Energy Commodity Logistics, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, Dividend Yield is 8.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 8.7% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 24% |
| Low stock price volatilityVol 12M is 45% |
| Megatrend and thematic driversMegatrends include Global Energy Supply Chains, and US Energy Independence. Themes include LPG Shipping, Energy Commodity Logistics, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -79% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -27% |
| Key risksLPG key risks include [1] extreme freight rate volatility directly impacting profitability, Show more. |
Why The Stock Moved
Qualitative Assessment
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Here are the key points highlighting factors that contributed to Dorian LPG (LPG) stock movement, resulting in an approximate -23.1% decline between August 31, 2025, and December 24, 2025: **1. Dorian LPG missed analyst estimates for its second-quarter fiscal year 2026 financial results, which were announced on November 6, 2025.** The company's reported earnings per share of $1.31 fell short of the expected $1.37, and revenue of $124.1 million missed the forecast of $125.14 million. This performance led to an immediate stock price drop of 6.46% in pre-market trading, with a further 7% decline in extended trading.**2. The company experienced a significant decrease in Time Charter Equivalent (TCE) rates and overall revenues in the preceding fiscal year.** For the fiscal year ended March 31, 2025, Dorian LPG reported revenues of $353.3 million, a substantial 37.0% decrease from the prior fiscal year. Average TCE rates also declined by $22,351 per available day, from $62,129 in fiscal year 2024 to $39,778 in fiscal year 2025. While these results were announced on May 22, 2025, the continuing impact of this weakened financial performance likely sustained negative investor sentiment into the latter half of 2025.
**3. Vessel operating expenses increased during the second quarter of fiscal year 2026.** For the three months ended September 30, 2025, vessel operating expenses per vessel per calendar day rose to $10,705, compared to $10,114 in the same period of the prior year. This increase in operational costs can put pressure on profit margins.
**4. Negative market sentiment prevailed towards the end of the period.** As of December 22, 2025, the general market sentiment for Dorian LPG stock was "Bearish," and the "Fear & Greed Index" indicated "Fear" at 39. Technical analysis indicators largely signaled bearish trends, with only 11 out of 30 trading days being "green" (37%). This indicates a challenging trading environment and a downward trend in investor confidence during the latter part of the requested timeframe.
**5. Geopolitical volatility contributed to market uncertainty.** The Chairman, President, and Chief Executive Officer of Dorian LPG noted that the quarter ended September 30, 2025, featured "volatility triggered by geopolitics." Such geopolitical factors can introduce instability into shipping markets, influencing investor behavior and contributing to stock price declines. Show more
Stock Movement Drivers
Fundamental Drivers
The -23.5% change in LPG stock from 9/23/2025 to 12/23/2025 was primarily driven by a -60.5% change in the company's P/E Multiple.| 9232025 | 12232025 | Change | |
|---|---|---|---|
| Stock Price ($) | 31.36 | 23.98 | -23.53% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 323.20 | 364.83 | 12.88% |
| Net Income Margin (%) | 15.15% | 26.02% | 71.73% |
| P/E Multiple | 27.17 | 10.75 | -60.45% |
| Shares Outstanding (Mil) | 42.43 | 42.54 | -0.26% |
| Cumulative Contribution | -23.53% |
Market Drivers
9/23/2025 to 12/23/2025| Return | Correlation | |
|---|---|---|
| LPG | -23.5% | |
| Market (SPY) | 3.7% | 34.6% |
| Sector (XLE) | -0.2% | 36.1% |
Fundamental Drivers
The 2.0% change in LPG stock from 6/24/2025 to 12/23/2025 was primarily driven by a 3.3% change in the company's Total Revenues ($ Mil).| 6242025 | 12232025 | Change | |
|---|---|---|---|
| Stock Price ($) | 23.50 | 23.98 | 2.05% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 353.34 | 364.83 | 3.25% |
| Net Income Margin (%) | 25.52% | 26.02% | 1.95% |
| P/E Multiple | 11.09 | 10.75 | -3.10% |
| Shares Outstanding (Mil) | 42.55 | 42.54 | 0.04% |
| Cumulative Contribution | 2.05% |
Market Drivers
6/24/2025 to 12/23/2025| Return | Correlation | |
|---|---|---|
| LPG | 2.0% | |
| Market (SPY) | 13.7% | 34.5% |
| Sector (XLE) | 5.7% | 34.5% |
Fundamental Drivers
The 9.4% change in LPG stock from 12/23/2024 to 12/23/2025 was primarily driven by a 176.9% change in the company's P/E Multiple.| 12232024 | 12232025 | Change | |
|---|---|---|---|
| Stock Price ($) | 21.91 | 23.98 | 9.43% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 501.24 | 364.83 | -27.21% |
| Net Income Margin (%) | 47.87% | 26.02% | -45.65% |
| P/E Multiple | 3.88 | 10.75 | 176.90% |
| Shares Outstanding (Mil) | 42.49 | 42.54 | -0.10% |
| Cumulative Contribution | 9.43% |
Market Drivers
12/23/2024 to 12/23/2025| Return | Correlation | |
|---|---|---|
| LPG | 9.4% | |
| Market (SPY) | 16.7% | 35.9% |
| Sector (XLE) | 8.7% | 53.0% |
Fundamental Drivers
The 77.2% change in LPG stock from 12/24/2022 to 12/23/2025 was primarily driven by a 92.7% change in the company's P/E Multiple.| 12242022 | 12232025 | Change | |
|---|---|---|---|
| Stock Price ($) | 13.53 | 23.98 | 77.22% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 300.98 | 364.83 | 21.22% |
| Net Income Margin (%) | 32.27% | 26.02% | -19.38% |
| P/E Multiple | 5.58 | 10.75 | 92.73% |
| Shares Outstanding (Mil) | 40.02 | 42.54 | -6.28% |
| Cumulative Contribution | 76.52% |
Market Drivers
12/24/2023 to 12/23/2025| Return | Correlation | |
|---|---|---|
| LPG | -36.5% | |
| Market (SPY) | 48.4% | 30.5% |
| Sector (XLE) | 10.9% | 44.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LPG Return | -21% | 13% | 110% | 171% | -38% | 10% | 244% |
| Peers Return | -20% | 38% | 27% | 13% | 50% | � | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 114% |
Monthly Win Rates [3] | |||||||
| LPG Win Rate | 42% | 58% | 67% | 83% | 25% | 42% | |
| Peers Win Rate | 43% | 73% | 65% | 60% | 72% | 57% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| LPG Max Drawdown | -58% | -10% | -3% | -16% | -42% | -27% | |
| Peers Max Drawdown | -56% | -0% | -1% | -8% | -3% | -6% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: ET, MPLX, ENB, WMB, KMI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/23/2025 (YTD)
How Low Can It Go
| Event | LPG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -24.6% | -25.4% |
| % Gain to Breakeven | 32.6% | 34.1% |
| Time to Breakeven | 107 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -60.4% | -33.9% |
| % Gain to Breakeven | 152.6% | 51.3% |
| Time to Breakeven | 778 days | 148 days |
| 2018 Correction | ||
| % Loss | -57.3% | -19.8% |
| % Gain to Breakeven | 134.0% | 24.7% |
| Time to Breakeven | 231 days | 120 days |
Compare to ET, MPLX, ENB, WMB, KMI
In The Past
Dorian LPG's stock fell -24.6% during the 2022 Inflation Shock from a high on 1/12/2021. A -24.6% loss requires a 32.6% gain to breakeven.
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Here are 1-3 brief analogies for Dorian LPG:
- FedEx for liquefied petroleum gas (LPG)
- The Maersk of LPG shipping
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- LPG Transportation: Providing global seaborne transportation of liquefied petroleum gas (LPG) through its fleet of Very Large Gas Carriers (VLGCs).
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Dorian LPG (symbol: LPG) operates Very Large Gas Carriers (VLGCs) for the international transportation of liquefied petroleum gas. As such, it sells primarily to other companies (B2B). Based on the company's annual reports (10-K filings) for the years ended March 31, 2023, 2022, and 2021: For the year ended March 31, 2023, Dorian LPG reported that no single customer accounted for 10% or more of its voyage revenues, indicating a highly diversified customer base in its most recent fiscal year. However, in previous years, certain customers did account for a significant portion of revenues:- For the year ended March 31, 2022, Trafigura accounted for 10.6% of voyage revenues. Trafigura is a private company.
- For the year ended March 31, 2021, B.B. Energy (Asia) Pte. Ltd. accounted for 11.2% of voyage revenues. B.B. Energy is a private company.
- National oil companies
- Oil and gas majors
- Trading companies
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- Hyundai Heavy Industries Co., Ltd. (KRX: 322000)
- Hanwha Ocean Co., Ltd. (KRX: 042660)
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John C. Hadjipateras, Chairman, Chief Executive Officer and President
Mr. Hadjipateras has been actively involved in the management of shipping companies since 1972. He served as the Managing Director of Peninsular Maritime Ltd. in London from 1972 to 1992, and subsequently as President of Eagle Ocean, which provides chartering, sale and purchase, protection and indemnity insurance, and shipping finance services. Mr. Hadjipateras also served as a director of SEACOR Holdings Inc., a global provider of marine transportation equipment and logistics services, from 2000 to 2013.
Theodore B. Young, Chief Financial Officer and Treasurer
Mr. Young has served as Chief Financial Officer and Treasurer of Dorian LPG (USA) LLC since July 2013 and as Head of Corporate Development for Eagle Ocean from 2011 to 2013. Prior to joining Dorian LPG, he had an extensive career in private equity and investment banking. From 2004 to 2011, Mr. Young was a Senior Managing Director and member of the Investment Committee at Irving Place Capital (IPC), where he focused on investments in the industrial, transportation, and business services sectors. Before IPC, he was a Principal at Harvest Partners, a New York-based middle-market buyout firm, from 1997 to 2004, where he was active in industrial transactions and played a key role in the firm's multinational investment strategy. His investment banking career included roles at Merrill Lynch and Co. and SBC Warburg Dillon Read. Mr. Young also served on the board of MC Shipping, Inc.
Alexander C. Hadjipateras, Chief Operating Officer
Mr. Hadjipateras serves as the Chief Operating Officer of Dorian LPG Ltd. He has also been Senior Executive Vice President of Dorian LPG (USA) LLC and Managing Director of Dorian LPG Management Corp. (Athens) since July 2022, and previously held the role of Executive Vice President of Business Development. His primary areas of focus include commercial strategy, sale and purchase, and the management of the Company's operations in Athens, Greece. Since joining Eagle Ocean in 2006, he has been involved in managing its Aframax and VLGC newbuilding program. Before Eagle Ocean, Mr. Hadjipateras worked as a Business Development Manager at Avenue A / Razorfish, a digital consultancy and ad-agency.
Constantine J. Markakis, President and Chief Executive Officer, Dorian LPG Management Corp.
Mr. Markakis has served as President and Chief Executive Officer of Dorian LPG Management Corp. (Athens) since 2013. In this role, he has been instrumental in the expansion of the office and fleet, overseeing the delivery of 19 New Building VLGCs between July 2014 and February 2016. He has also had a long tenure with Dorian (Hellas) S.A., serving as Secretary / Treasurer / Director from 1984 to 1998, and as President / Director from 1998 to the present.
Tim Hansen, Chief Commercial Officer/Director Dorian LPG (DK) ApS
Mr. Hansen joined Dorian LPG in 2014 as a Chartering Manager. In 2015, he became the Managing Director for the Helios LPG Pool London Office. He began his career at sea with A.P. Moeller Maersk, progressing through the ranks in tankers, container, and dry cargo vessels, and concluding his seafaring career as a captain of various sized LPG carriers.
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The key risks to Dorian LPG's business are primarily driven by the inherent volatility of the shipping industry and increasing external pressures.1. Freight Rate Volatility
The liquefied petroleum gas (LPG) shipping business is characterized by significant freight rate volatility, which is identified as a major risk for Dorian LPG. VLGC (Very Large Gas Carrier) spot rates are notoriously cyclical and highly sensitive to market downturns, leading to substantial fluctuations in net income. For example, TCE (Time Charter Equivalent) rates halved year-over-year in late 2024, resulting in an 80% drop in quarterly net income for the company. Profitability and dividends are directly impacted if rates fall below the breakeven point, which is approximately $25,000 per day. The company's earnings and cash flow are expected to vary significantly from year to year due to this cyclical nature.
2. Regulatory and Environmental Pressures
Dorian LPG faces increasing regulatory and environmental pressures within the shipping industry, particularly concerning emissions reduction and the adoption of cleaner technologies. Compliance with evolving regulations, such as the EU Emissions Trading System, necessitates ongoing investment in eco-friendly solutions and can lead to increased operational costs. Failure to adapt to these changes could result in operational restrictions, higher expenses, and a potential negative impact on the company's market position. The transition to a low-carbon economy presents both compliance and reputational risks.
3. Geopolitical Factors and Trade Policy Risks
Geopolitical frictions and trade policy uncertainties pose a significant risk to the demand for LPG shipping. Trade relations between major importing and exporting nations, such as the U.S. and China, can lead to substantial shifts in LPG trade flows and export volumes. For instance, U.S. LPG exports to China plummeted by 76% in June 2025 due to renewed trade tensions and tariff policy uncertainty, directly affecting the market for VLGCs. Such disruptions can force changes in cracker feedstock preferences and impact overall demand for LPG transportation.
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Dorian LPG Ltd. (symbol: LPG) primarily operates in the global liquefied petroleum gas (LPG) shipping market, specifically focusing on Very Large Gas Carriers (VLGCs). The company's main services include the transportation of LPG and offering in-house commercial and technical management services for its fleet.
The addressable market sizes for Dorian LPG's main products and services are as follows:
- Global Very Large Gas Carrier (VLGC) Market: The Very Large Gas Carrier (VLGC) market is projected to reach USD 2.5 billion by 2024 and is forecasted to expand to USD 4.8 billion by 2034, demonstrating a Compound Annual Growth Rate (CAGR) of 7.20% globally.
- Global LPG Transportation Market: The global LPG transportation market size was estimated at USD 7.5 billion in 2023 and is projected to reach USD 12.8 billion by 2032, growing at a CAGR of 6.2% during the forecast period.
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Expected Drivers of Future Revenue Growth for Dorian LPG (LPG)
Dorian LPG, a leading owner and operator of Very Large Gas Carriers (VLGCs), is poised for future revenue growth driven by several key factors over the next 2-3 years:
- Fleet Expansion and Modernization: Dorian LPG is actively expanding and modernizing its fleet. The company expanded its fleet with one owned and three chartered dual-fuel newbuildings in Q4 2024 and anticipates the delivery of a newbuilding VLGC/Ammonia Carrier in 2026. This expansion directly increases its carrying capacity, positioning the company for higher potential revenue days and the ability to service evolving market demands, such as ammonia transportation.
- Sustained Strong Global LPG Demand and Exports: Record LPG exports from key regions like the U.S. and the Middle East are expected to continue supporting the demand for VLGC shipping services. U.S. LPG production hit a quarterly record in Q1 2025, leading to the highest quarterly export on record for Q1 and the third highest overall. This robust demand underpins the need for Dorian LPG's fleet to transport liquefied petroleum gas worldwide.
- Favorable Time Charter Equivalent (TCE) Rates: An environment of strong demand and efficient operations has led to, and is anticipated to continue supporting, favorable Time Charter Equivalent (TCE) rates. In Q2 2026, TCE rates reportedly increased by 45% to over $53,700 per day, driven by firm spot prices and lower bunker costs. Sustained high TCE rates directly translate into higher revenue per operating day for Dorian LPG's vessels.
- Operational Efficiency and Sustainability Initiatives: Dorian LPG's strategic focus on improving energy efficiency through scrubber installations and dual-fuel technology enhances its operational performance and competitiveness. The use of scrubbers and dual-fuel vessels results in significant savings from fuel differentials, making LPG an economically attractive fuel source for their dual-fuel vessels and potentially securing more business due to environmental compliance and cost-effectiveness.
- U.S. Terminal Expansion and Production Growth: Increased production in the U.S. and ongoing U.S. terminal expansion projects are expected to support a balanced freight market and healthy earnings. The expansion of export infrastructure in the U.S. facilitates higher volumes of LPG exports, directly benefiting shipping companies like Dorian LPG by providing more cargo opportunities and driving utilization of their fleet.
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Share Repurchases
- Dorian LPG had annual share buybacks of $21.365 million in 2022, $1.67 million in 2023, and $3.94 million in 2024.
- As of September 30, 2025, total purchases under the 2022 Common Share Repurchase Authority amounted to 261,500 shares for an aggregate consideration of $5.6 million.
- In February 2020, Dorian LPG doubled its buyback program limit to $100 million.
Share Issuance
- In June 2024, Dorian LPG issued 2,000,000 common shares at a price of $44.50 per share through a public offering.
- For the fiscal year ended March 31, 2025, net proceeds from common share issuance were $84.4 million, derived from gross proceeds of $89.0 million less $4.6 million in offering costs.
Capital Expenditures
- For the fiscal year ended March 31, 2025, net cash used in investing activities included $18.9 million for payments towards a vessel under construction and vessel capital expenditures.
- On November 24, 2023, the company entered into an agreement for a new 93,000 cbm VLGC/Ammonia Carrier, expected to be delivered in the second calendar quarter of 2026.
- Dorian LPG is making strategic investments in eco-friendly and dual-fuel vessels for fleet modernization and sustainability, including plans for retrofitting vessels to transport ammonia and scrubber installations expected in fiscal years 2024 and 2025.
Latest Trefis Analyses
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| ARTICLES |
Trade Ideas
Select ideas related to LPG. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WHD | Cactus | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 13.3% | 13.3% | 0.0% |
| 10172025 | OVV | Ovintiv | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.5% | 6.5% | 0.0% |
| 10102025 | COP | ConocoPhillips | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.8% | 6.8% | -2.3% |
| 10102025 | HAL | Halliburton | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 29.0% | 29.0% | -0.7% |
| 10102025 | OXY | Occidental Petroleum | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -4.3% | -4.3% | -7.1% |
| 01312024 | LPG | Dorian LPG | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 14.8% | -24.1% | -32.1% |
Research & Analysis
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Peer Comparisons for Dorian LPG
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 37.38 |
| Mkt Cap | 66.8 |
| Rev LTM | 13,956 |
| Op Inc LTM | 4,542 |
| FCF LTM | 3,406 |
| FCF 3Y Avg | 3,982 |
| CFO LTM | 5,912 |
| CFO 3Y Avg | 5,813 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.3% |
| Rev Chg 3Y Avg | 1.6% |
| Rev Chg Q | 7.4% |
| QoQ Delta Rev Chg LTM | 1.8% |
| Op Mgn LTM | 29.1% |
| Op Mgn 3Y Avg | 31.5% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 34.1% |
| CFO/Rev 3Y Avg | 43.7% |
| FCF/Rev LTM | 15.9% |
| FCF/Rev 3Y Avg | 22.0% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| International transportation of liquid petroleum gas with its fleet of vessels | 561 | ||||
| Net pool revenues - related party | 365 | 246 | 293 | 298 | |
| Other revenues, net | 2 | 6 | 4 | 1 | |
| Time charter revenues | 23 | 22 | 19 | 34 | |
| Total | 561 | 390 | 274 | 316 | 333 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| International transportation of liquid petroleum gas with its fleet of vessels | 326 | ||||
| Total | 326 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| International transportation of liquid petroleum gas with its fleet of vessels | 305 | ||||
| Total | 305 |
Price Behavior
| Market Price | $23.98 | |
| Market Cap ($ Bil) | 1.0 | |
| First Trading Date | 05/08/2014 | |
| Distance from 52W High | -24.8% | |
| 50 Days | 200 Days | |
| DMA Price | $25.88 | $25.04 |
| DMA Trend | up | down |
| Distance from DMA | -7.3% | -4.3% |
| 3M | 1YR | |
| Volatility | 31.8% | 45.3% |
| Downside Capture | 149.61 | 53.30 |
| Upside Capture | -3.90 | 53.90 |
| Correlation (SPY) | 33.1% | 36.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.17 | 1.18 | 1.18 | 0.93 | 0.81 | 0.91 |
| Up Beta | -0.45 | -0.09 | 0.21 | 0.71 | 0.75 | 0.80 |
| Down Beta | 1.62 | 1.67 | 1.75 | 1.78 | 1.32 | 1.07 |
| Up Capture | 55% | 55% | 33% | 76% | 41% | 83% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 11 | 22 | 30 | 62 | 120 | 387 |
| Down Capture | 201% | 179% | 181% | 55% | 61% | 97% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 9 | 20 | 33 | 63 | 126 | 356 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of LPG With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| LPG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 13.0% | 9.4% | 18.8% | 72.9% | 9.0% | 3.7% | -11.4% |
| Annualized Volatility | 45.3% | 24.5% | 19.5% | 19.2% | 15.3% | 17.2% | 35.0% |
| Sharpe Ratio | 0.40 | 0.32 | 0.76 | 2.72 | 0.36 | 0.05 | -0.14 |
| Correlation With Other Assets | 52.8% | 35.7% | 7.6% | 43.4% | 19.5% | 15.4% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of LPG With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| LPG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 35.4% | 21.7% | 14.8% | 18.9% | 11.8% | 4.7% | 35.5% |
| Annualized Volatility | 43.4% | 26.7% | 17.1% | 15.5% | 18.7% | 18.9% | 48.9% |
| Sharpe Ratio | 0.84 | 0.74 | 0.70 | 0.98 | 0.51 | 0.16 | 0.62 |
| Correlation With Other Assets | 48.0% | 27.9% | 10.0% | 32.1% | 18.5% | 11.6% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of LPG With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| LPG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 15.8% | 7.9% | 14.8% | 15.1% | 6.8% | 5.4% | 69.1% |
| Annualized Volatility | 48.5% | 29.8% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.49 | 0.32 | 0.71 | 0.85 | 0.31 | 0.23 | 0.90 |
| Correlation With Other Assets | 47.4% | 36.0% | 3.4% | 33.7% | 25.8% | 9.3% | |
ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 2.3% | -0.1% | -7.8% |
| 8/1/2025 | 6.5% | 13.4% | 14.9% |
| 5/15/2025 | 1.7% | -13.0% | 7.8% |
| 1/24/2025 | 2.7% | 1.7% | -7.8% |
| 10/24/2024 | 2.2% | -5.0% | -12.2% |
| 7/24/2024 | 0.8% | -0.8% | -5.0% |
| 5/15/2024 | -0.9% | 1.8% | -8.3% |
| 1/25/2024 | -4.2% | -7.1% | -9.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 16 | 12 |
| # Negative | 8 | 7 | 11 |
| Median Positive | 2.3% | 4.6% | 13.2% |
| Median Negative | -2.9% | -5.0% | -7.8% |
| Max Positive | 6.5% | 22.2% | 39.0% |
| Max Negative | -12.7% | -13.0% | -22.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/30/2025 |
| 6302025 | 8042025 | 10-Q 6/30/2025 |
| 3312025 | 5292025 | 10-K 3/31/2025 |
| 12312024 | 1312025 | 10-Q 12/31/2024 |
| 9302024 | 10312024 | 10-Q 9/30/2024 |
| 6302024 | 8012024 | 10-Q 6/30/2024 |
| 3312024 | 5292024 | 10-K 3/31/2024 |
| 12312023 | 2012024 | 10-Q 12/31/2023 |
| 9302023 | 11022023 | 10-Q 9/30/2023 |
| 6302023 | 8022023 | 10-Q 6/30/2023 |
| 3312023 | 6022023 | 10-K 3/31/2023 |
| 12312022 | 2012023 | 10-Q 12/31/2022 |
| 9302022 | 11022022 | 10-Q 9/30/2022 |
| 6302022 | 8032022 | 10-Q 6/30/2022 |
| 3312022 | 6022022 | 10-K 3/31/2022 |
| 12312021 | 2032022 | 10-Q 12/31/2021 |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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