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BW LPG: Fleet Acquisition And Favorable Market Signals Further Growth
LPGDorian LPG(LPG) Seeking Alpha·2024-08-23 20:37

AleksandarGeorgiev/E+ via Getty Images Note: Investors should view this article as an update to my previous coverage of BW LPG, where I commented on their Q3 2023 report. Investment Thesis BW LPG Limited (NYSE:BWLP) (OTCPK:BWLLY) just reported Q2 earnings: EPS of $0.58 ($0.59 in Q2 last year, -1.6%). TCE per available day was $49,660 ($52,500, -5.4%). it declared a $0.58 quarterly dividend ($0.81, -28%). The market responded by adjusting BW's stock price down by 1.8%. BWLP made waves recently by acquiring p ...