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22.05.25 - 12:06
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Dorian LPG Ltd. Announces Fourth Quarter and Fiscal Year 2025 Financial Results (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” and “our”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results for the three months and fiscal year ended March 31, 2025.
Key Recent Developments
Declared an irregular cash dividend of $0.50 per share of the Company's common stock totaling $21.3 million to be paid on or about May 30, 2025 to all shareholders of record as of the close of business on May 16, 2025.
Highlights for the Fourth Quarter Ended March 31, 2025
Revenues of $75.9 million.
Time charter equivalent (“TCE”)(1) per available day rate for our fleet of $35,324.
Net income of $8.1 million, or $0.19 earnings per diluted share (“EPS”), and adjusted net income(1) of $10.7 million, or $0.25 adjusted diluted earnings per share (“adjusted EPS”)(1).
Adjusted EBITDA(1) of $36.6 million.
Declared and paid an irregular dividend totaling $30.0 million in February 20...
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15.05.25 - 12:03
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Dorian LPG Ltd. Provides Update for Fourth Quarter 2025 and Announces Fourth Quarter 2025 Earnings Conference Call Date (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), today updated its financial and operational outlook for the quarter ended March 31, 2025. The Company plans to issue a press release on Thursday, May 22, 2025 prior to the market open, announcing its unaudited financial results for the quarter and year ended March 31, 2025.
Earnings Conference Call
A conference call to discuss the results will be held on Thursday, May 22, 2025 at 10:00 a.m. ET. The conference call can be accessed live by dialing 1-800-225-9448, or for international callers, 1-203-518-9708, and requesting to be joined into the Dorian LPG call. A live webcast of the conference call will also be available under the investor section at www.dorianlpg.com.
A replay will be available at 1:00 p.m. ET the same day and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the replay is 11159127. The replay will be available until May ...
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02.05.25 - 12:03
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Dorian LPG Ltd. Declares Irregular Cash Dividend of $0.50 Per Share (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), today announced that its Board of Directors has declared an irregular cash dividend of $0.50 per share of the Company's common stock. The total dividends to be paid will amount to approximately $21.3 million. The irregular dividend is payable on or about May 30, 2025 to all shareholders of record as of the close of business on May 16, 2025.
Forward-Looking & Other Cautionary Statements
The cash dividend referenced in this release is an irregular dividend. All declarations of dividends are subject to the determination and discretion of our Board of Directors based on its consideration of various factors, including the Company's results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, its business prospects and other factors that ou...
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