Dorian LPG Ltd. (LPG)

NYSE: LPG · IEX Real-Time Price · USD
20.58
-0.16 (-0.77%)
At close: Mar 29, 2023, 4:00 PM
20.26
-0.32 (-1.55%)
Pre-market: Mar 30, 2023, 5:54 AM EDT
-0.77%
Market Cap 830.41M
Revenue (ttm) 335.70M
Net Income (ttm) 131.81M
Shares Out 40.35M
EPS (ttm) 3.28
PE Ratio 6.27
Forward PE 10.54
Dividend $5.50 (26.73%)
Ex-Dividend Date Feb 14, 2023
Volume 419,231
Open 21.06
Previous Close 20.74
Day's Range 20.42 - 21.20
52-Week Range 12.91 - 23.51
Beta 1.19
Analysts Buy
Price Target 22.44 (+9.04%)
Earnings Date Feb 1, 2023

About LPG

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 27, 2022, its fleet consisted of twenty-two VLGCs. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut. [Read more]

Sector Energy
IPO Date May 8, 2014
Employees 541
Stock Exchange NYSE
Ticker Symbol LPG
Full Company Profile

Financial Performance

In 2022, Dorian LPG's revenue was $274.22 million, a decrease of -13.20% compared to the previous year's $315.94 million. Earnings were $71.94 million, a decrease of -22.29%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for LPG stock is "Buy." The 12-month stock price forecast is $22.44, which is an increase of 9.04% from the latest price.

Price Target
$22.44
(9.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Dorian LPG Ltd. Announces Delivery of 2023-Built Dual-Fuel VLGC HLS Diamond Under Long-Term Time Charter

STAMFORD, Conn. , March 23, 2023 /PRNewswire/ -- Dorian LPG Ltd.

6 days ago - PRNewsWire

Wall Street Analysts Think Dorian LPG (LPG) Is a Good Investment: Is It?

Based on the average brokerage recommendation (ABR), Dorian LPG (LPG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of thi...

3 weeks ago - Zacks Investment Research

Dorian LPG (LPG) Is Considered a Good Investment by Brokers: Is That True?

According to the average brokerage recommendation (ABR), one should invest in Dorian LPG (LPG). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recom...

1 month ago - Zacks Investment Research

Dorian LPG Ltd. Announces Delivery of 2023-Built Dual-Fuel VLGC HLS Citrine Under Long-Term Time Charter

STAMFORD, Conn. , Feb. 13, 2023 /PRNewswire/ -- Dorian LPG Ltd.

1 month ago - PRNewsWire

5 Relative-Strength Super-Stocks With Plump Payouts

Show me a stock that's going up when the world around is collapsing, and I want to know: “Why?!”

Other symbols: ETDGTYHVTSKT
1 month ago - Forbes

Is Dorian LPG (LPG) Outperforming Other Transportation Stocks This Year?

Here is how Dorian LPG (LPG) and United Airlines (UAL) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Dorian LPG (LPG) Lags Q3 Earnings Estimates

Dorian LPG (LPG) delivered earnings and revenue surprises of -7.86% and 0.41%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Dorian LPG Ltd. Declares Irregular Cash Dividend of $1.00 Per Share and Announces Third Quarter Fiscal Year 2023 Financial Results

STAMFORD, Conn. , Feb. 1, 2023 /PRNewswire/ -- Dorian LPG Ltd.

2 months ago - PRNewsWire

Dorian LPG Ltd. Provides Update for Third Quarter 2023 and Announces Third Quarter 2023 Earnings and Conference Call Date

STAMFORD, Conn. , Jan. 27, 2023 /PRNewswire/ -- Dorian LPG Ltd.

2 months ago - PRNewsWire

Analysts Initiate Coverage: 4 Stocks to Buy for Higher Return

Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Dorian (LPG), Agilysys (AGYS), Kyndryl (KD) and Apollo Medical (AMEH).

Other symbols: AGYSAMEHKD
2 months ago - Zacks Investment Research

Dorian LPG Ltd. to Participate at Capital Link's Corporate Presentations Series

STAMFORD, Conn. , Jan. 11, 2023 /PRNewswire/ -- Dorian LPG Ltd.

2 months ago - PRNewsWire

Dorian LPG (LPG) Loses -14.19% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Dorian LPG (LPG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising...

2 months ago - Zacks Investment Research

Dorian LPG Ltd. Announces New Partner Agreement with the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

STAMFORD, Conn. , Jan. 6, 2023 /PRNewswire/ -- Dorian LPG Ltd.

2 months ago - PRNewsWire

Best Momentum Stock to Buy for January 3rd

LPG, AXON and NWG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 3, 2023.

Other symbols: AXONNWG
3 months ago - Zacks Investment Research

Best Value Stocks to Buy for January 3rd

EXPE, RNGR and LPG made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 3, 2023.

Other symbols: EXPERNGR
3 months ago - Zacks Investment Research

New Strong Buy Stocks for January 3rd

LPG, RNGR, CECO, TCPC and BAND have been added to the Zacks Rank #1 (Strong Buy) List on January 3 , 2023.

Other symbols: BANDCECORNGRTCPC
3 months ago - Zacks Investment Research

Are Transportation Stocks Lagging Dorian LPG (LPG) This Year?

Here is how Dorian LPG (LPG) and Teekay Tankers (TNK) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Is Dorian LPG (LPG) Stock Outpacing Its Transportation Peers This Year?

Here is how Dorian LPG (LPG) and Teekay Tankers (TNK) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Buy 3 Transportation Stocks That Gained More Than 50% This Year

Investing in transportation stocks like Universal Logistics (ULH), GasLog Partners (GLOP) and Dorian LPG (LPG) appears prudent at this point.

Other symbols: GLOPULH
4 months ago - Zacks Investment Research

These 5 Energy Stocks Rose the Last Time Oil Stayed Below $80

At the end of 2021, with oil prices pressured, only Chevron, EQT, Par Pacific, Devon, and Dorian LPG saw shares rise.

Other symbols: CVXDVNEQTPARR
4 months ago - Barrons

Are You Looking for a Top Momentum Pick? Why Dorian LPG (LPG) is a Great Choice

Does Dorian LPG (LPG) have what it takes to be a top stock pick for momentum investors? Let's find out.

4 months ago - Zacks Investment Research

What Makes Dorian LPG (LPG) a Good Fit for 'Trend Investing'

Dorian LPG (LPG) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our ...

4 months ago - Zacks Investment Research

Is the Options Market Predicting a Spike in Dorian LPG (LPG) Stock?

Investors need to pay close attention to Dorian LPG (LPG) stock based on the movements in the options market lately.

4 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for November 9th

ENLC, LPG and CHGG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 9, 2022.

Other symbols: CHGGENLC
5 months ago - Zacks Investment Research

Energy shipping boom: Propane tankers breach $100,000 a day

Fossil-fuel shipping is going from strength to strength and shows no signs of peaking. Rates for some very large gas carriers (VLGCs) have now topped $100,000 per day.

5 months ago - FreightWaves