Bw Lpg Stock Price, News & Analysis

BW LPG reported strong Q1 2025 financial results with a Net Profit After Tax of $67 million and earnings per share of $0.30. The company achieved robust TCE performance of $39,800 per available day and declared a cash dividend of $0.28 per share, representing a 75% payout ratio. Key developments include completing a $65 million JOLCO financing and progressing on a $380 million bank financing. The company agreed to sell two vessels (BW Chinook and BW Pampero) to BW India for approximately $75 million each. Fleet coverage shows 28% of 2025 available days secured at $45,000 per day, with 2% hedged via FFAs at $50,600 per day. The company maintains strong liquidity of $633M and reduced its net leverage ratio to 31.2%.

BW LPG Limited (NYSE: BWLP) has announced a quarterly cash dividend of $0.28 per share for Q1 2025. For shares registered with Euronext VPS (Oslo Stock Exchange), the last trading day including dividend rights is May 27, 2025, with an ex-date of May 28, 2025, and payment expected around June 12, 2025. For NYSE-listed shares, the last trading day including dividend rights is May 29, 2025, with an ex-date of May 30, 2025, and payment expected around June 9, 2025. Dividends for VPS-registered shares will be distributed in NOK at the exchange rate available on the payment date.

BW LPG Limited (NYSE: BWLP) held its 2025 Annual General Meeting on May 15, 2025, in Singapore, where shareholders approved several key resolutions. The meeting resulted in the re-election of five Directors, including Andreas Sohmen-Pao who was also re-appointed as Chairman of the Board. Two new appointments were made to the Nomination Committee, with Elaine Yew Wen Suen as Chair and Alicia Yik Jie Ting as member. Shareholders approved the Directors' Statement and Audited Financial Statements, re-appointed KPMG LLP as Auditor, and authorized both a Share Buy-Back Mandate and Share Issue Mandate.

BW LPG Limited (NYSE: BWLP) announced that Non-Executive Director Andrew Wolff will step down from the Board of Directors, effective from the Annual General Meeting on May 15, 2025. Mr. Wolff served on the board for five years, contributing strategic and financial perspectives during the company's growth period.

BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of over 50 Very Large Gas Carriers (VLGCs) and total carrying capacity exceeding 4 million CBM. The company is associated with BW Group, which controls a fleet of over 450 vessels, including the world's largest gas fleet of 200 LNG and LPG ships.

BW LPG Limited (NYSE: BWLP, OSE: BWLPG.OL) has scheduled the release of its Q1 2025 Financial Report for May 20, 2025, at approximately 07:00 CEST. Following the release, the company will host an earnings presentation featuring CEO Kristian Sørensen and CFO Samantha Xu.

The presentation will be conducted via Zoom at 14:00 CEST (Oslo), 08:00 EDT (New York), and 20:00 SGT (Singapore). Interested participants must register in advance through the provided link. A recording of the presentation will be made available on the company's investor relations website after the event.

BW LPG Limited (NYSE: BWLP, OSE: BWLPG.OL) has announced the publication of its Directors' Statement and Audited Financial Statements for the fiscal year ending December 31, 2024. These financial documents, along with the Auditor's Report, will be presented for shareholder adoption at the upcoming Annual General Meeting scheduled for May 15, 2025. The complete report is accessible to investors through the company's website under the reports and presentations section.

BW LPG has successfully completed its share buyback program that ran from April 8-17, 2025. The company acquired 316,437 ordinary shares at an average price of USD 8.63 per share, totaling USD 2,732,109 in consideration. These purchased shares are now held as Treasury shares.

Following this program, BW LPG now holds 7,939,347 ordinary shares, representing 4.98% of total issued shares. The company operates as the world's leading owner and operator of LPG vessels, managing a fleet of over 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity exceeding 4 million CBM.

BW LPG has announced a share buyback program, purchasing 316,437 of its own ordinary shares between April 8-11, 2025, at an average price of USD 8.63 per share. The program allows for the purchase of up to 3 million ordinary shares with a maximum amount of USD 20 million.

Following these transactions, BW LPG now holds 7,939,347 treasury shares, representing 4.98% of total issued shares. The company, which is the world's leading owner and operator of LPG vessels, maintains a fleet of over 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity exceeding 4 million CBM.

BW LPG (NYSE: BWLP) has released an update on its Product Services segment performance for Q1 2025. The company achieved a realized gain of USD 33 million from cargo and freight operations. However, after accounting for an unrealized mark-to-market change of negative USD 36 million from open cargo contracts and hedging transactions, the quarter ended with a gross trading result of negative USD 3 million.

After including general and administrative expenses and income taxes, BW Product Services reported an estimated result of negative USD 12 million for the quarter. The average Value-At-Risk (VAR) was approximately USD 5 million. The company's full Q1 2025 financial report will be released on May 20, 2025.