Dorian LPG Ltd. (LPG) Shares Surge 5% Amid Strong Financial Performance

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Dorian LPG Ltd. (LPG, Financial) saw a significant stock price increase of 5%. The stock reached $36.14 per share, with a trading volume of approximately 563,969 shares, a turnover rate of 1.32%, and an amplitude of 5.84%. Recent financial reports show the company generated $114 million in revenue, with a net profit of $51.29 million and earnings per share (EPS) of $1.25. The gross profit stood at $65.25 million, and the price-to-earnings (P/E) ratio was 4.77.

Regarding analyst ratings, out of the five institutions that rated the stock, 80% recommended buying, while 20% suggested holding. No institution advised selling the stock.

Dorian LPG operates within the midstream oil and gas industry, which experienced an overall increase of 0.97%. Among its peers, Cbl International Limited, BPT Trust, and Brooge Energy Limited showed notable gains. Other active stocks in the sector included Marine Petroleum Trust, Torm Plc, and Imperial Petroleum Inc., with turnover rates of 3.97%, 3.90%, and 1.60%, respectively. Stocks with significant amplitude were Cbl International Limited (35.43%), Marine Petroleum Trust (13.78%), and Brooge Energy Limited (11.51%).

Dorian LPG Ltd. is an international LPG shipping company focusing on the ownership and operation of gas carriers, specifically Very Large Gas Carriers (VLGCs). The company currently owns and operates about 22 modern VLGCs, including 19 new, energy-efficient 84,000-cubic-meter ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA; London, UK; and Athens, Greece.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.