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Gaslog Partners Lp - GLOP STOCK NEWS

Welcome to our dedicated page for Gaslog Partners Lp news (Ticker: GLOP), a resource for investors and traders seeking the latest updates and insights on Gaslog Partners Lp stock.

GasLog Partners LP (NYSE: GLOP) serves as a critical link in global energy infrastructure through its fleet of liquefied natural gas carriers. This dedicated news hub provides stakeholders with verified updates about corporate developments and operational milestones.

Access comprehensive coverage of strategic initiatives including merger activities, fleet management updates, and long-term charter agreements. Our curated collection eliminates the need to track multiple sources, offering investors a single reference point for material disclosures.

Key content areas include corporate restructuring announcements, operational efficiency reports, and partnership developments within the LNG transportation market. All information is sourced from official filings and press releases to ensure reliability.

Bookmark this page for streamlined access to GasLog Partners' latest communications. Regularly updated content supports informed analysis of this NYSE-listed partnership's position in the energy logistics sector.

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GasLog Partners LP (NYSE: GLOP) announced a cash distribution of $0.01 per common unit for Q4 2020. This distribution is set to be paid on February 11, 2021, for shareholders of record as of February 8, 2021. The company operates a fleet of 15 LNG carriers with an average capacity of approximately 158,000 cbm.

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GasLog Partners LP (NYSE: GLOP) announced the resignation of Robert B. Allardice III from its board of directors as of January 24, 2021, citing personal reasons. Following his departure, Mr. Curt Anastasio, Chairman of the Board, will serve as interim Chairman of the Audit Committee. Anastasio expressed gratitude for Allardice's contributions since joining in October 2014. The board now consists of four members, and it is actively seeking candidates to fill the vacated seat.

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GasLog Partners LP (NYSE: GLOP) announced its quarterly distributions on preference units, revealing amounts for three series:

  • Series A: $0.5390625, Record Date: December 8, 2020, Payment Date: December 15, 2020
  • Series B: $0.5125, Record Date: December 8, 2020, Payment Date: December 15, 2020
  • Series C: $0.53125, Record Date: December 8, 2020, Payment Date: December 15, 2020

This announcement underscores GasLog Partners' commitment to returning capital to its investors through these distributions.

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GasLog Partners LP reported its financial results for the third quarter of 2020, highlighting the refinancing of debt, new time charters, and debt repayments. Quarterly revenues were $72.8 million, with a profit of $11.9 million and adjusted EBITDA of $46.8 million. The Partnership's board of directors and management plan to conduct an independent review of the business and strategic alternatives.
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GasLog Ltd. and GasLog Partners LP will release their third quarter 2020 financial results before the market opens on November 10, 2020. A joint conference call will follow at 8:30 a.m. EST, where senior management will discuss operational and financial performance. Dial-in numbers for the call are provided, and a live webcast will be accessible on their respective Investor Relations pages. GasLog operates a fleet of 35 LNG carriers, while GasLog Partners focuses on owning and operating LNG carriers.

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GasLog Partners LP (NYSE: GLOP) announced quarterly distributions on its preference units.

  • 8.625% Series A: $0.5390625 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
  • 8.200% Series B: $0.5125 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
  • 8.500% Series C: $0.53125 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020

GasLog Partners, based in Piraeus, Greece, operates a fleet of 15 LNG carriers under multi-year charters.

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GasLog Partners LP (GLOP) announced changes in its senior management and board of directors. Andy Orekar will step down as CEO effective September 15, 2020, with Paul Wogan appointed as his successor starting September 16, 2020. The board will reduce in size from seven to five members, with several directors stepping down immediately. These changes will lead to an annual cost saving of approximately $3 million starting in 2021 due to the closure of the Stamford office and the relocation of the CEO role to Greece.

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GasLog Ltd. and GasLog Partners LP will announce their Q2 2020 financial results on August 5, 2020, prior to market opening. A joint conference call is scheduled for 8:30 a.m. EDT on the same day, where senior management will discuss operational and financial performance, followed by a Q&A session. Dial-in numbers are provided for various regions including the USA, UK, France, Hong Kong, and Oslo. A live webcast will be available on the companies' investor relations pages, along with a replay for those unable to attend.

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GasLog Partners LP (GLOP) has announced its quarterly distributions on preference units for Q2 2020. Holders of the 8.625% Series A, 8.200% Series B, and 8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units will receive distributions of $0.5390625, $0.5125, and $0.53125 per unit, respectively. The record date for these payments is June 8, 2020, with payments scheduled for June 15, 2020. GasLog Partners focuses on owning and operating LNG carriers, with a fleet of 15 vessels.

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Gaslog Partners Lp

NYSE:GLOP

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282.89M
36.18M
Pipeline Transportation of Refined Petroleum Products
Transportation and Warehousing
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Greece
69 Akti Miaouli