Dorian LPG Ltd. (LPG)

Several events impacted Dorian LPG Ltd.'s stock price in the past six months. The company announced its financial results for Q2 2025 and declared an irregular cash dividend of $0.65 per share. Geode Capital Management LLC held $27.12 million in Dorian LPG Ltd. stock. A Seeking Alpha article discussed Dorian LPG's operations, noting strong Q4 bookings and the potential impact of Panama Canal tightness. Pareto Securities upgraded Dorian LPG to "Buy" with a $31 price target, based on strong Q1 2026 VLGC rates and a robust balance sheet. Significant insider share purchases indicated insider confidence. The stock price experienced fluctuations, with a change of -2.61% over the past six months.

Demand for Dorian LPG Ltd.'s vessels typically exhibits seasonality, with stronger demand in the quarters ending June 30 and September 30, and weaker periods during the quarters ending December 31 and March 31. Increasing buying activity from the petrochemical industry has contributed to a less pronounced seasonality. The VLGC market's demand is influenced by global LPG trade, particularly from the U.S. and the Middle East to Asia, and the operational status of the Panama Canal.

Dorian LPG Ltd., established in 2013, is an Energy sector company specializing in the international transportation of liquefied petroleum gas. The company owns and operates a fleet of 25 modern VLGCs with a total carrying capacity of approximately 2.1 million cubic meters, including ECO-design VLGCs and time-chartered vessels. Dorian LPG provides in-house commercial and technical management services and has a shipbuilding contract for a newbuilding VLGC/ammonia carrier.

Dorian LPG operates globally with offices in Copenhagen, Denmark; Athens, Greece; and Stamford, Connecticut, USA, and is incorporated in the Republic of The Marshall Islands. Key trade routes for its VLGCs include the Arabian Gulf to Asia and the U.S. Gulf to Asia.

Dorian LPG emphasizes safe, reliable, clean, and trouble-free transportation, committing to high-quality customer service. The company's HSSEQ department meets major oil company requirements, contributing to its industry reputation and customer relationships. Fifteen ECO VLGCs are equipped with exhaust gas cleaning systems to reduce sulfur emissions, demonstrating environmental responsibility. There have been no widely reported negative events significantly impacting Dorian LPG Ltd.'s brand reputation in the past year.

Institutional investors hold a significant portion of Dorian LPG Ltd.'s stock, ranging from approximately 62.50% to 64%. Major institutional shareholders include BlackRock, Inc., Dimensional Fund Advisors Lp, American Century Companies Inc., Vanguard Group Inc., State Street Corp, and Geode Capital Management, Llc. The general public holds about a 28% stake, and John Hadjipateras, the Chairman of the Board, holds 4.7% of the shares outstanding.