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GasLog Partners LP (NYSE: GLOP) is a growth-oriented limited partnership specializing in the ownership, operation, and acquisition of liquefied natural gas (LNG) carriers. The company’s operations are crucial for transporting LNG worldwide, ensuring the steady supply of this vital energy resource.
Core Business: GasLog Partners owns a fleet of LNG carriers, comprising eleven wholly-owned vessels and three on bareboat charters, with an average carrying capacity of approximately 159,000 cbm. These carriers are pivotal in the international LNG supply chain, transporting natural gas in its liquid state from producers to consumers.
Recent Achievements: On July 7, 2023, GasLog Partners announced a significant merger. The common unitholders approved a merger with GasLog Ltd., the parent company, to acquire all outstanding common units of the partnership not beneficially owned by GasLog Ltd. This merger is set to close around July 13, 2023, and involves a special cash distribution of $3.28 per common unit.
Current Projects: The partnership is actively managing its fleet to maintain high operational standards. Current efforts include ensuring the efficiency and safety of LNG transport operations to meet global energy needs.
Financial Condition: GasLog Partners is financially stable, with structured revenue streams from long-term charters. The merger with GasLog Ltd. is anticipated to further strengthen the financial posture by integrating resources and enhancing operational efficiencies.
Partnerships: The partnership operates closely with GasLog Ltd., leveraging synergies to optimize fleet operations. This strategic alliance enables better management of assets and access to broader market opportunities.
Products: The primary product of GasLog Partners is its LNG transportation service. By utilizing state-of-the-art carriers, the company ensures safe and efficient delivery of LNG to its clients across the globe.
For more details and the latest updates, visit the official website at http://www.gaslogmlp.com or contact their representative.
GasLog Partners LP (NYSE: GLOP) announced quarterly distributions for its preference units, effective June 15, 2022. The 8.625% Series A units will pay $0.5390625, the 8.200% Series B units will pay $0.5125, and the 8.500% Series C units will pay $0.53125, all based on a record date of June 8, 2022. GasLog Partners operates a fleet of LNG carriers and is structured as a master limited partnership for tax purposes, allowing for favorable distribution treatment.
GasLog Partners LP (NYSE: GLOP) has elected Roland Fisher as a Class I Director during the annual meeting of limited partners on May 12, 2022. Fisher will serve until the 2025 annual meeting. Additionally, the partnership ratified Deloitte Certified Public Accountants S.A. as its independent auditors for the fiscal year ending December 31, 2022. GasLog Partners focuses on owning, operating, and acquiring liquefied natural gas (LNG) carriers, boasting a fleet of 14 wholly owned carriers with an average capacity of approximately 158,000 cbm.
GasLog Ltd. (NYSE: GLOG) has declared a $0.546875 per share dividend on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend is payable on July 1, 2022 to all shareholders of record by June 30, 2022.
GasLog is a prominent owner and operator of LNG carriers, supporting international energy companies with a fleet of 39 LNG carriers, including 35 operational vessels and 4 under construction.
GasLog Partners (NYSE: GLOP) reported its Q1 2022 financial results, highlighting revenues of $85.5 million, a slight decline from $87.1 million in Q1 2021. Profit was $35.0 million, with earnings per unit at $0.53. Adjusted EBITDA also fell to $60.9 million, down 5% year-over-year. The company signed a new time charter with Naturgy, repurchased $10 million of preference units, and repaid $37 million in debt. Despite a challenging market with decreased spot rates, GasLog anticipates strong demand for LNG and substantial upside from its contracted revenues.
GasLog Partners LP (NYSE: GLOP) will announce its financial results for Q1 2022 on April 28, 2022, before market opening. The company will host a conference call at 8:30 a.m. EDT to discuss these results, which will include insights from senior management on operational and financial performance. Dial-in details are provided for participants from the USA, UK, France, Hong Kong, and Oslo, as well as a live webcast available on their Investor Relations page. GasLog Partners operates a fleet of 14 LNG carriers, focusing on growth and acquisition.
GasLog Ltd. announces a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares. This dividend is payable on April 1, 2022, to all shareholders of record as of March 31, 2022. GasLog operates a fleet of 39 LNG carriers, supporting international energy companies in their logistics chain. The company holds 20 vessels directly, with additional vessels operated through its subsidiary, GasLog Partners LP.
GasLog Ltd. (GLOG), an LNG carrier owner and operator, has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission. The report is accessible on the Company's website. Shareholders can also request a hard copy of the report, which includes the complete audited financial statements for 2021, free of charge. GasLog’s fleet consists of 39 LNG carriers, with 20 owned directly by the Company. For inquiries, shareholders can contact the Investor Relations department.
GasLog Partners LP (NYSE: GLOP) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2021, with the U.S. Securities and Exchange Commission. The report, detailing the Partnership's complete audited financial statements, is available on their website under the 'SEC Filings' section. Unitholders can also request a free hard copy of the report. GasLog Partners operates a fleet of 14 LNG carriers and is treated as a C corporation for U.S. tax purposes, providing investors with IRS Form 1099 for distributions.
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