BWLP · Categories · Earnings
BWLP - Earnings announcements
BW LPG Limited (BWLP) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for BWLP
- BW LPG Limited – Financial Results for Q1 2026BW LPG Limited (NYSE:BWLP) (OSE: BWLPG.OL): Highlights Q1 2026 Financial performance Q1 2026 profit attributable to equity holders of the Company ended at US$164 million, representing an earnings per share of US$1.08, contributed by strong shipping performance and a significant positive unrealised MtM valuation gain in the BW Product Services trading portfolio. Commercial performance TCE income – Shipping Q1 2026 concluded at US$55,500 per available day and US$51,300 per calendar day, above our guidance of US$54,000 per day. The earnings also reflect the Company's time charter coverage of 53% of available days at US$48,200 per day. Q2 2026 TCE guidance Fixed 85% of availa
- BW LPG Limited – Financial Results for Q4 2025BW LPG Limited: Highlights Q4 2025 Q4 2025 profit Q4 2025 profit attributable to equity holders of the Company ended at US$104 million, representing an earnings per share of US$0.69, a result of solid shipping performance and continued positive results from Product Services. Q4 TCE performance TCE income – Shipping Q4 2025 concluded at US$50,300 per available day, above our guidance of US$47,000 per day, and US$48,100 per calendar day. The earnings were well supported by the Company's time charter coverage of 44% of available days at US$ 48,100 per day. Q1 2026 guidance Fixed 94% of available fleet days at an average rate of ~US$54,000 per day. Cash dividend declared
- BW LPG Limited – Financial Results for Q3 2025BW LPG Limited: Highlights Q3 2025 Q3 2025 profit: Q3 2025 profit attributable to equity holders of the Company ended at US$57 million, representing an earnings per share of US$0.38, a result of solid shipping performance and negative Product Services accounting result, albeit a positive realised trading result. Solid TCE performance amidst uncertainty: TCE income – Shipping Q3 2025 concluded at US$51,300 per available day and US$48,700 per calendar day. The earnings were well supported by the Company's time charter coverage of 44% of available days, delivering TCE at US$51,200 per day. Dividend declared: The Company declared a Q3 2025 cash dividend of US$0.40 per share, equivalent t
- BW LPG Limited – Financial Results for Q2 2025BW LPG Limited: Highlights Q2 2025 Q2 2025 profit: Q2 2025 profit attributable to equity holders of the Company ended at US$35 million, representing an earnings per share of US$ 0.23. Healthy TCE performance amidst uncertainty: TCE income – Shipping Q2 2025 concluded at US$38,800 per available day and US$37,300 per calendar day, above the Company's guidance of US$35,000 per day. The earnings were well supported by the Company's time charter coverage of 44% of available days, delivering TCE at US$43,000 per day. Dividend declared: The Company declared a Q2 2025 cash dividend of US$0.22 per share, which consists of 75% of Shipping NPAT for Q2 2025, and further enhanced by retained
- BW LPG Limited – Financial Results for Q1 2025BW LPG Limited: Highlights and Subsequent Events – Q1 2025 Robust TCE Performance: The Company reported Time Charter Equivalent (TCE) income for Q1 2025, averaging US$39,800 per available day and US$38,800 per calendar day. Dividend Declared: A cash dividend of US$0.28 per share was declared for Q1 2025, representing 75% of Shipping net profit after tax (NPAT) for the quarter. This underscores the Company's continued commitment to shareholder returns. Strategic Financing Activities: Successfully completed a US$65 million JOLCO (Japanese Operating Lease with Call Option) financing for one vessel on 28 February 2025. Currently in the final stages of securing approximately US$380 mi
- BW LPG Limited - Financial Results for Q4 2024Highlights and Subsequent Events - TCE income – Shipping Q4 2024 was US$37,900 per available day and US$36,700 per calendar day. - The Company declared a Q4 2024 cash dividend of US$0.42 per share. This dividend consists of 75% of Shipping NPAT Q4 2024, and dividends from BW Product Services. - Completion of the acquisition of 12 modern VLGCs from Avance Gas Holdings Ltd. ("Avance Gas"). The deal was partially funded through the issuance of 19.282 million new BW LPG shares. Following the issuance of the new shares, the total number of issued and outstanding shares of BW LPG is 159.282 million and 151.538 million, respectively. - BW Kizoku was delivered to BW LPG in February 2025, fo
- BW LPG Limited - Financial Results for Q3 2024Highlights and Subsequent Events - Another good quarter for shipping with TCE income - Shipping Q3 2024 concluded at US$46,800 per available day and US$46,500 per calendar day (total). - Avance Gas vessels deliveries commenced 1 November and a total of nine ships are expected to be delivered in time to receive Q3 dividends. - The nine ships represent a share issuance of 14.4 million shares, increasing the total shares outstanding eligible for Q3 dividend from 132.3 million to 146.7 million. When all twelve ships are delivered, total shares outstanding will amount to 151.6 million. - Declared a Q3 2024 cash dividend of US$0.42 per share, representing 100% payout ratio of Shipping NPA
- BW LPG Limited - Financial Results for Q2 2024BW LPG Limited ("BW LPG", the "Company", NYSE ticker code: "BWLP", OSE ticker code: "BWLPG.OL"): Highlights and Subsequent Events Another strong quarter for shipping with daily TCE of US$ 49,660 per available day and US$ 48,030 per calendar day. Generated NPAT of US$ 85 million or earnings per share of US$ 0.58. Declared a Q2 2024 cash dividend of US$ 0.58 per share amounting to US$ 76.4 million, representing 121% of Shipping NPAT and 100% of total earnings. For the third quarter of 2024, we have fixed ~86% at an average rate of ~US$ 43,000 per available day. BW Product Services generated a net accounting profit of US$ 15.7 million in Q2 after adjusting for G&A and tax provisi
- BW LPG Limited – Notice of Upcoming Conference Call on 15 August 2024BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") will, in conjunction with the announcement made on 15 August 2024 regarding the acquisition of 12 modern VLGCs from Avance Gas, hold a conference call to discuss an Investor Presentation. The call will be hosted by Kristian Sørensen (CEO) and Samantha Xu (CFO). The details are as follows: Date: 15 August 2024, Thursday Location and Time: Oslo, Norway (15:00 CET/ UTC + 1 hours) New York, USA (09:00 EDT/ UTC – 5 hours) Singapore, Singapore (21:00 SGT/ UTC + 8 hours) The conference call will be held live via Zoom. Please register in advance at the link below: https://bit.ly/BWLPG_IPAug2024
- BW LPG Limited - Financial Results for Q1 2024BW LPG Limited ("BW LPG", the "Company", NYSE ticker code: "BWLP", OSE ticker code: "BWLPG.OL"): Highlights and Subsequent Events - Strong quarterly performance with daily TCE of USD 61,500 per available day and USD 59,400 per calendar day. - Generated NPAT of USD 150 million or earnings per share of USD 1.07. Declared a Q1 cash dividend of USD 1.00 per share which represents 106% of earnings from the shipping activity and 93% of total earnings in the quarter. - For the second quarter of 2024, we have fixed 84% at an average rate of ~USD 49,000 per available day - BW Product Services generated a net accounting profit of USD 21 million in Q1 after adjusting for G&A and tax provisio
- BW LPG Limited - Q1 2024 Financial Report Release and Earnings Presentation on 30 May 2024BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code: "BWLP") will release its Q1 2024 Financial Report at approximately 0700hrs CET/ 0100hrs EDT on 30 May 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240515801136/en/Very Large Gas Carrier BW Magellan (Photo: Business Wire) In connection with this release, BW LPG will hold an Earnings Presentation with Kristian Sørensen (CEO) and Samantha Xu (CFO). The details are as follows: Date: Thursday, 30 May 2024 Location Local Time Universal Time Oslo, Norway 13:00 CET UTC + 1 hours