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StealthGas Inc (NASDAQ: GASS) operates at the forefront of maritime energy logistics, specializing in liquefied petroleum gas transportation. This page serves as your centralized source for official company announcements, operational updates, and strategic developments.
Access timely updates on fleet expansions, safety initiatives, and market positioning within the LPG shipping sector. Our curated collection includes earnings reports, partnership announcements, and regulatory compliance milestones essential for tracking the company's performance.
Investors will find critical updates on charter agreements and fleet optimization strategies, while industry analysts can monitor trends in seaborne energy transportation. All content maintains strict factual accuracy without speculative commentary.
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StealthGas Inc. (NASDAQ: GASS) announced its third quarter operating and financial results will be released on November 21, 2022, prior to the market opening in New York. An earnings conference call is scheduled for the same day at 11:00 am ET to discuss the results and provide an operational outlook. Participants are required to pre-register to receive the necessary dial-in numbers and personal PIN. StealthGas operates in the LPG sector, with a fleet comprising various vessel types.
StealthGas Inc. (NASDAQ: GASS) reported strong financial results for Q2 and H1 2022, with revenues of $39.3 million and net income of $12.2 million, significantly up from $1.6 million in Q2 2021. The company's fleet has been reduced to 34 vessels, yet revenue per vessel improved due to better market conditions. Total cash reached $90.2 million, double from the previous year. Contracted revenues for the remainder of 2022 total approximately $72 million. The chairman expressed optimism despite geopolitical and inflationary challenges, highlighting robust demand for LPG vessels.
StealthGas Inc. (NASDAQ: GASS) will release its Q2 2022 financial results on August 24, 2022, before the New York market opens. Following the announcement, management will host a conference call at 11:00 am ET to discuss operational performance and future outlook. Participants must pre-register for the call to obtain access details. The conference will also be available via a live webcast on the company's website, providing insights into the LPG sector of the international shipping industry, where StealthGas operates with a diverse fleet.
StealthGas Inc. (NASDAQ: GASS) reported Q1 2022 results with a net income of $7.6 million and an EPS of $0.20, reflecting improved profitability. Total revenues for the quarter decreased 4.0% to $35.9 million, primarily due to a vessel spin-off. The company secured about 59% of its fleet days on period charters, translating to $70 million in contracted revenues for 2022. Operating and voyage expenses also decreased, contributing to a stronger cash position of $82.4 million as of March 31, 2022.
StealthGas Inc. (NASDAQ: GASS) will release its first quarter operating and financial results for the period ending March 31, 2022, before the market opens on May 26, 2022. A conference call to discuss these results, including the company's operations and outlook, is scheduled for 11:00 am ET. Interested participants can join by dialing the provided numbers or through a live webcast on the company’s website. StealthGas operates a fleet of 42 LPG carriers, emphasizing their role in the international shipping sector.
StealthGas Inc. (NASDAQ: GASS) announced its unaudited financial results for Q4 and the full year ended December 31, 2021, reporting significant operational metrics. Fleet utilization stood at 98.3% with operational utilization at 96.1%. The company reported a net loss of $38.7 million for Q4 21, compared to a loss of $0.7 million in Q4 20, largely due to a $40.2 million impairment charge from a spin-off. Adjusted net income was $2.8 million, with total revenues of $36.1 million, down 3.2% year-over-year. Despite challenges, StealthGas secured approximately $70 million in contracted revenues for 2022.
StealthGas Inc. (NASDAQ: GASS) announced it will release its fourth quarter and annual operating and financial results for the year ending December 31, 2021, before the market opens on March 8, 2022. A conference call is scheduled for the same day at 11:00 am ET to discuss these results and the company's outlook. Participants can join via US and UK toll-free numbers or through the archived webcast on the company's website. The company operates 44 LPG carriers with a total capacity of 434,444 cubic meters and has one newbuilding on order for mid-2023.
StealthGas Inc. (NASDAQ: GASS) reported its unaudited financial and operating results for Q3 and nine months ending September 30, 2021. The company successfully completed the spin-off of four tankers into Imperial Petroleum Inc. Fleet utilization reached 97.4%, with voyage revenues of $37.5 million, a 1.1% increase compared to Q3 2020. Net income stood at $1.2 million, with an EPS of $0.03. For nine months, revenues totaled $114.2 million, up 6% YoY. However, net income decreased to $3.6 million from $12.7 million in 2020. Cash on hand was $57.3 million, with low leverage at 36.6% debt to assets.
StealthGas Inc. (NASDAQ: GASS) will announce its third quarter and nine-month financial results for the period ended September 30, 2021, on December 8, 2021, before market opening in New York. A conference call will be held at 11:00 am ET the same day to discuss the results and company outlook. Interested participants can join via specified toll-free numbers, and a telephonic replay will be available until December 15, 2021. StealthGas operates 45 LPG carriers, with a total capacity of 437,973 cbm, and has one newbuilding Medium Gas Carrier on order, expected for delivery in mid-2023.
StealthGas Inc. (Nasdaq: GASS) announced the successful spin-off of its subsidiary, Imperial Petroleum Inc., effective December 3, 2021. Shareholders received shares of Imperial Petroleum common stock and preferred stock based on their ownership of StealthGas shares as of November 23, 2021. The spin-off aims to create value by separating operations within the liquefied petroleum gas shipping sector. Important legal disclosures are noted, emphasizing no solicitation for securities under any circumstances. StealthGas operates a fleet of 45 LPG carriers, enhancing its position in the market.
