Nov 4, 5:50 PM ET
Dorian LPG reported revenues of $221.3 million for the quarter ended September 30, 2026, up 78.4% from a year earlier, driven by higher time charter equivalent rates. Net income of $213.9 million included a $63.6 million gain on vessel sales, and the company declared an irregular cash dividend of $1.25 per share, about $53.7 million in total, payable November 24, 2026.
- Revenues were $221.3 million, up from $124.1 million a year earlier, with TCE rates at $96,990 per available day versus $53,725.
- Net income was $213.9 million, or $4.98 per diluted share, versus $1.30 a year earlier; adjusted EPS was $3.46 versus $1.31.
- Adjusted EBITDA was $242.0 million, compared with $85.7 million in the prior-year quarter.
- An irregular dividend of $1.25 per share, about $53.7 million, is payable on or about November 24, 2026, to holders of record as of November 9, 2026.
Read the filing on SEC.gov ↗
Oct 29, 8:28 PM ET
Dorian LPG's Board declared an irregular cash dividend of $1.25 per share, returning approximately $53.7 million to shareholders, payable on or about November 24, 2026 to holders of record on November 9, 2026. The company also scheduled a second quarter 2027 earnings conference call for November 5, 2026, at 10:00 a.m. ET, which will include the results discussion.
- Irregular cash dividend of $1.25 per share, about $53.7 million in total
- Record date: November 9, 2026; payment on or about November 24, 2026
- The company calls it irregular, so future dividends are at the Board's discretion
- Second quarter 2027 earnings call set for November 5, 2026 at 10:00 a.m. ET
Read the filing on SEC.gov ↗
Sep 3, 7:36 PM ET
Dorian LPG agreed with Hanwha Ocean to build three 90,000 cbm dual-fuel VLGCs for delivery in 2030, at a total price of about $345 million. On September 2, 2026, the company also entered a seven-year $368.4 million credit facility that refinances four existing debt arrangements, and it reported that 99% of its calendar days for the quarter ending September 30, 2026 are fixed at more than $88,000 per day.
- Three 90,000 cbm dual-fuel Panamax VLGCs ordered from Hanwha Ocean for delivery in June, September, and December 2030, at a total price of about $345 million
- New seven-year $368.4 million credit facility dated September 2, 2026, with a margin of 140 basis points over SOFR, including a $213.4 million term loan and $155.1 million revolving credit facility
- Company estimates it has fixed 99% of calendar days for the quarter ending September 30, 2026 at more than $88,000 per day, excluding potential demurrage
- Facility includes a $200 million accordion feature; CFO Ted Young said it will consolidate four facilities into one
Read the filing on SEC.gov ↗
Aug 4, 6:35 PM ET
Dorian LPG reported results for the quarter ended June 30, 2026, with revenues of $187.9 million, up 123.1% from $84.2 million a year earlier, and net income of $138.3 million, or $3.24 per diluted share, versus $10.1 million, or $0.24, in the prior-year quarter. The company also declared an irregular cash dividend of $1.00 per share, about $42.8 million in total, payable on or about August 12, 2026, which shareholders will receive if they were on record as of July 27, 2026.
- Revenues of $187.9 million, up from $84.2 million, driven mainly by higher average TCE rates, which were $75,926 per available day versus $39,726
- Net income of $138.3 million, or $3.24 per diluted share; adjusted EPS of $2.52 versus $0.27 a year earlier
- A $30.1 million gain on the sale of the 2015-built VLGC Cobra contributed to results
- Irregular dividend of $1.00 per share, about $42.8 million, payable on or about August 12, 2026 to holders of record as of July 27, 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.