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Dorian LPG Ltd. operates as an international liquefied petroleum gas shipping company that owns and operates modern, ECO and dual-fuel very large gas carriers for global LPG transportation. Company news commonly covers quarterly financial results, time-charter-equivalent revenue trends, forward chartering estimates, freight-market conditions, irregular cash dividends and fleet activity.
Updates also include deliveries of dual-fuel VLGCs, employment of vessels through the Helios LPG Pool, board appointments and other governance matters tied to the company’s public common stock.
Dorian LPG (NYSE:LPG)/b) plans to release unaudited results for the period ended March 31, 2026, on Wednesday, May 20, 2026, before market open.
The company will host an earnings conference call at 10:00 a.m. ET with live dial-in and webcast access, plus a replay available until May 27, 2026.
Dorian LPG (NYSE: LPG) declared an irregular cash dividend of $1.00 per share, returning approximately $42.8 million of capital to shareholders. The dividend is payable on or about May 28, 2026 to holders of record as of the close of business on May 18, 2026.
Dorian LPG (NYSE: LPG) appointed Christopher J. Wiernicki as a Class I director effective May 5, 2026, increasing the Board from eight to nine directors. Mr. Wiernicki brings 40 years of marine and offshore experience, including serving as ABS CEO from 2011–2025 and roles in safety, risk management, digitalization, and decarbonization.
He holds engineering degrees from Vanderbilt, George Washington, and MIT, completed Harvard AMP, serves as MIT Professor of the Practice, and has held advisory roles with the White House and Singapore transport authorities.
Dorian LPG (NYSE:LPG) provided forward chartering estimates for the quarter ending March 31, 2026. According to the company, it has fixed 99% of calendar days for the quarter at rates in excess of $58,000 per day.
The company warned these are forward-looking estimates and undertakes no obligation to update them; actual results could differ materially from these expectations.
Dorian LPG (NYSE: LPG) took delivery of the dual-fuel 93,000 cbm VLGC/AC "Areion" on March 20, 2026 from Hanwha Ocean Heavy Industries at Okpo Shipyard.
Areion can burn LPG or fuel oil, is BESS-ready, AMP-equipped for shore power, fitted with a hybrid scrubber, and cuts CO2 emissions by ~20%. Dorian financed delivery with a $62.9 million facility from Citi and Nordea, including a K-sure guaranteed $42.2 million tranche.
Dorian LPG (NYSE: LPG) reported Q3 FY2026 results for the quarter ended December 31, 2025: revenues $120.0M, TCE $50,333 per available day, net income $47.2M ($1.11 diluted EPS), adjusted net income $47.4M ($1.11 adjusted EPS), and adjusted EBITDA $74.2M. The company declared an irregular dividend of approximately $29.9M ($0.70/share) payable ~Feb 24, 2026; a prior irregular cash dividend of $27.8M was paid in Dec 2025.
Management cited strong VLGC market demand, higher spot rates, lower fuel costs, and fleet growth as drivers of improved results and noted a newbuilding dual-fuel VLGC delivery expected in March 2026.
Dorian LPG (NYSE: LPG) declared an irregular cash dividend of $0.70 per share, returning approximately $29.9 million to shareholders. The dividend is payable on or about Feb 24, 2026 to holders of record as of Feb 9, 2026.
The company will release third quarter results for the period ended Dec 31, 2025 on Feb 5, 2026 before market open and hold an earnings call the same day at 10:00 a.m. ET. Management warned that November market rates and Houston fog lowered realized rates and expects an additional $1.8 million general and administrative expense related to its Annual Cash Incentive plan. Estimates are preliminary and unaudited.
Dorian LPG (NYSE:LPG) reported results for the quarter ended September 30, 2025 and declared an irregular cash dividend of $0.65 per share (approx. $27.8M) payable on or about December 2, 2025 to holders of record on November 17, 2025.
Key Q2 FY2026 metrics: Revenues $124.1M, Net income $55.4M ($1.30 diluted EPS), Adjusted net income $55.8M ($1.31 adjusted EPS), Adjusted EBITDA $85.7M, and fleet TCE of $53,725/day (up 45.2% YoY).
Dorian LPG (NYSE: LPG) will release second quarter fiscal 2026 results for the period ended September 30, 2025 on Thursday, November 6, 2025 before market open. A conference call to discuss the results will be held the same day at 10:00 a.m. ET, with a live webcast available on the company's investor website.
No pre-release numbers will be provided. A replay will be available beginning 1:00 p.m. ET November 6, 2025, through November 13, 2025 at 11:59 p.m. ET (passcode 11160261).
Dorian LPG (NYSE:LPG) announced Q1 FY2026 financial results and declared an irregular cash dividend of $0.60 per share, totaling approximately $25.6 million. The company reported revenues of $84.2 million and net income of $10.1 million ($0.24 per diluted share).
Key financial metrics include a Time Charter Equivalent (TCE) rate of $39,726 per available day, representing a 20.9% decrease from the previous year, and adjusted EBITDA of $38.6 million. Vessel operating expenses increased to $11,466 per vessel per calendar day. The company's performance was impacted by a heavy drydocking schedule and market volatility due to geopolitical movements.