Avance Gas Holding Ltd (OSL: AGAS)

Norway flag Norway · Delayed Price · Currency is NOK
106.60
-2.60 (-2.39%)
Nov 21, 2024, 11:21 AM CET
-37.00%
Market Cap 8.36B
Revenue (ttm) 3.99B
Net Income (ttm) 3.18B
Shares Out 76.59M
EPS (ttm) 41.40
PE Ratio 2.64
Forward PE 20.05
Dividend 59.31 (54.72%)
Ex-Dividend Date Sep 10, 2024
Volume 45,398
Open 109.60
Previous Close 109.20
Day's Range 106.00 - 109.60
52-Week Range 99.50 - 208.50
Beta 0.80
Analysts n/a
Price Target n/a
Earnings Date Nov 27, 2024

About Avance Gas Holding

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings. Avance Gas Holding Ltd was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary ... [Read more]

Sector Energy
Founded 2007
Country Bermuda
Stock Exchange Oslo Børs
Ticker Symbol AGAS
Full Company Profile

Financial Performance

In 2023, Avance Gas Holding's revenue was $352.31 million, an increase of 38.41% compared to the previous year's $254.54 million. Earnings were $163.58 million, an increase of 83.81%.

Financial numbers in USD Financial Statements

News

Avance Gas Holding Ltd: Successfully completed the second VLGC delivery to BW LPG

Hamilton, Bermuda. November 20, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refer to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd (“Buyer”) for $1...

1 day ago - GlobeNewsWire

Avance Gas Holding Ltd: Invitation to Earnings Presentation for the Third Quarter of 2024

Bermuda, November 19, 2024, Avance Gas Holding Ltd. (ticker "AGAS") will on Wednesday November 27, 2024, release its unaudited results for the third quarter of 2024. In connection with the earnings re...

2 days ago - GlobeNewsWire

Avance Gas Holding Ltd: Successfully completed the first VLGC delivery to BW LPG

Hamilton, Bermuda. November 1, 2024 Avance Gas Holding Ltd.

20 days ago - GlobeNewsWire

Avance Gas Holding: The Only VLGC Bet I Would Take (Rating Upgrade)

In August, Avance agreed to sell its VLGC fleet to BW LPG for a total consideration of $1,050 million. Despite weaker 2Q24 results, AVACF boasts the best daily OPEX and breakeven cash flow figures in ...

2 months ago - Seeking Alpha

Avance Gas Holding Ltd: Presentation at the Pareto Securities' Energy Conference

The CEO of Avance Gas Holding Ltd., Øystein Kalleklev, will be presenting at the Pareto Securities' Energy Conference today. The presentation used is attached hereto and is available on our web page w...

2 months ago - GlobeNewsWire

Avance Gas Holding Ltd: Ex Dividend USD 1.35 today

Hamilton, Bermuda, September 10, 2024 The shares in Avance Gas Holding Ltd (ticker: "AGAS") will be traded ex-dividend USD 1.35 as of today relating to the dividend for the second quarter of 2024. The...

2 months ago - GlobeNewsWire

Avance Gas Holding Ltd: Key information relating to the dividend for the second quarter 2024

Bermuda, August 28, 2024 Key information relating to the dividend to be paid by Avance Gas Holding Ltd. for the second quarter 2024: Dividend amount: $1.35 Declared currency: USD Last day including ri...

3 months ago - GlobeNewsWire

Avance Gas Holding Ltd: Second Quarter 2024 Earnings Release

BERMUDA, August 28, 2024 – Avance Gas Holding Ltd (OSE: AGAS) (“Avance Gas” or the “Company”) today reports unaudited results for the second quarter 2024.

3 months ago - GlobeNewsWire

BW LPG: Fleet Acquisition And Favorable Market Signals Further Growth

BW LPG reports Q2 earnings with slight decreases, acquires Avance Gas fleet, positive outlook for rates and profits in the fall. Read my analysis of BWLP stock.

3 months ago - Seeking Alpha

BW LPG: Fleet Acquisition And Favorable Market Signals Further Growth

BW LPG reports Q2 earnings with slight decreases, acquires Avance Gas fleet, positive outlook for rates and profits in the fall. Read my analysis of BWLP stock.

3 months ago - Seeking Alpha

Avance Gas Holding Leaves VLGC Segment: Buy, If You're Patient

Avance Gas (AVACF) sells the entire VLGC fleet to BW LPG for $1.05 billion, citing scale and efficiency reasons. Read why I'm bullish on the stock.

3 months ago - Seeking Alpha

Avance Gas Holding Leaves VLGC Segment: Buy, If You're Patient

Avance Gas (AVACF) sells the entire VLGC fleet to BW LPG for $1.05 billion, citing scale and efficiency reasons. Read why I'm bullish on the stock.

3 months ago - Seeking Alpha

Fredriksen’s Avance Gas Sells $1 Billion of Large Gas Ships

Avance Gas holding Ltd., whose largest shareholder is Norwegian shipping billionaire John Fredriksen, said it has agreed to sell its entire fleet of very large gas carrying ships to BW LPG Ltd.

3 months ago - BNN Bloomberg

Avance Gas Holding Ltd: Invitation to Earnings Presentation for the Second Quarter of 2024

Bermuda, August 15, 2024, Avance Gas Holding Ltd. (ticker "AGAS") will on Wednesday August 28, 2024, release its unaudited results for the second quarter of 2024. The Company will also provide additio...

3 months ago - GlobeNewsWire

Avance Gas Holding Ltd: Sells its VLGC fleet for $1,050 million to BW LPG Ltd with expected gain on sale of approximately $315 million

Hamilton, Bermuda August 15, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) has on August 15, 2024, entered into an agreement with BW LPG Ltd (“BW LPG” or “the Buyer”) to sell it...

3 months ago - GlobeNewsWire

Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024

Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism.

5 months ago - Seeking Alpha

Avance Gas Holding Ltd: Presentation in relation to the Marine Money Conference in NY

June 24, 2024 Hamilton, Bermuda Avance Gas Holding Ltd. (ticker "AGAS") will be presenting at an investor lunch hosted by DNB today in connection with the Marine Money Week in New York.

5 months ago - GlobeNewsWire

Avance Gas Holding: Smart Management Generating Outsized Returns

Avance Gas reported a record Q1 result, with total revenue of approximately $116M, an increase compared to the previous year. The company generated a significant gain on the sale of older vessels, res...

5 months ago - Seeking Alpha

Avance Gas Holding Ltd: Ex cash distribution USD 2.15 today

Hamilton, Bermuda, May 23, 2024 The shares in Avance Gas Holding Ltd (ticker: "AGAS") will be traded ex cash distribution of USD 2.15 per share as of today. The cash distribution of USD 2.15 consists ...

6 months ago - GlobeNewsWire

Avance Gas Holding Ltd (AVACF) Q1 2024 Earnings Call Transcript

Avance Gas Holding Ltd (OTCPK:AVACF) Q1 2024 Earnings Conference Call May 15, 2024 8:00 AM ET Company Participants Oystein Kalleklev - CEP Randi Bekkelund - CFO Conference Call Participants Climent Mo...

6 months ago - Seeking Alpha

Avance Gas Holding Ltd: Key information relating to return of capital and dividend for the first quarter 2024

Bermuda, May 15, 2024 Key information relating to return of capital and dividend to be paid by Avance Gas Holding Ltd. for the first quarter 2024 is specified as per below. The distribution of return ...

6 months ago - GlobeNewsWire