Dorian LPG Ltd. LPG
- Market cap
- $2.3B
- P/E
- 7.1×
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Target Price Range
Analyst price targets
Free account| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.20 | 5.60 | 5.26 | 6.08 | 10.82 | 10.77 | 15.81 | 22.46 | 16.66 | 24.05 |
Analyst estimates 2027–2029 Powerpack |
Low Price
|
||
| 12.50 | 8.80 | 15.58 | 16.68 | 15.68 | 21.07 | 47.19 | 51.66 | 32.79 | 59.97 |
High Price
|
|||
| 69 | 568 | 564 | 585 | 519 | 541 | 593 | 577 | 587 | 602 |
Employees
|
|||
| 2 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 167 | 159 | 158 | 333 | 316 | 274 | 390 | 561 | 353 | 482 |
Revenue
|
|||
| 58.75% | 58.25% | 56.60% | 77.59% | 74.16% | 71.36% | 80.73% | 85.17% | 74.63% | 82.03% |
Gross Margin
|
|||
| (1) | (20) | (51) | 112 | 93 | 72 | 172 | 307 | 90 | 194 |
EBT
|
|||
| (0.86%) | (12.80%) | (32.24%) | 33.54% | 29.30% | 26.23% | 44.24% | 54.83% | 25.52% | 40.22% |
EBT Margin
|
|||
| (1) | (20) | (51) | 112 | 93 | 72 | 172 | 307 | 90 | 194 |
Net Income
|
|||
| 69 | 73 | 68 | 71 | 82 | 82 | 80 | 70 | 71 | 73 |
Depreciation
|
|||
| 3.10 | 2.95 | 2.90 | 6.19 | 6.35 | 6.82 | 9.74 | 13.92 | 8.39 | 11.32 |
Revenue/Sh
|
|||
| (0.03) | (0.38) | (0.93) | 2.08 | 1.86 | 1.79 | 4.31 | 7.63 | 2.14 | 4.55 |
Earnings/Sh
|
|||
| 0.96 | 1.06 | 0.16 | 3.14 | 3.43 | 2.95 | 5.60 | 9.64 | 4.11 | 4.94 |
Cash Flow/Sh
|
|||
| (0.04) | (0.01) | (0.07) | (0.37) | (0.19) | 1.67 | (1.72) | (0.82) | (0.45) | (2.21) |
Capex/Sh
|
|||
| 0.93 | 1.05 | 0.09 | 2.77 | 3.24 | 4.63 | 3.88 | 8.83 | 3.66 | 2.74 |
Free CF/Sh
|
|||
| 18.05 | 17.75 | 16.74 | 18.13 | 19.04 | 22.89 | 21.83 | 25.41 | 24.83 | 26.79 |
Book Value/Sh
|
|||
| 54 | 54 | 55 | 54 | 50 | 40 | 40 | 40 | 42 | 43 |
Shares
|
|||
| 0.00 | 0.00 | 0.00 | 4.19 | 6.95 | 8.05 | 4.63 | 5.36 | 10.34 | 7.50 |
PE Ratio
|
|||
| 3.40 | 2.56 | 2.26 | 1.41 | 2.07 | 2.12 | 2.05 | 2.94 | 2.66 | 3.02 |
PS Ratio
|
|||
| 0.58 | 0.43 | 0.39 | 0.48 | 0.69 | 0.63 | 0.91 | 1.61 | 0.90 | 1.28 |
PB Ratio
|
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| 7.78 | 6.68 | 6.46 | 3.11 | 3.67 | 3.68 | 3.35 | 3.48 | 3.33 | 3.50 |
EV/Sales
|
|||
| 25.95 | 18.73 | 210.00 | 6.96 | 7.20 | 5.42 | 8.42 | 5.49 | 7.64 | 14.51 |
EV/FCF
|
|||
| 52 | 57 | 9 | 169 | 171 | 119 | 224 | 388 | 173 | 210 |
Op' Cash Flow
|
|||
| (2) | 0 | (4) | (20) | (10) | 67 | (69) | (33) | (19) | (94) |
Capex
|
|||
| 50 | 57 | 5 | 149 | 161 | 186 | 155 | 356 | 154 | 116 |
FCF
|
|||
| (22) | 53 | 3 | 55 | 71 | 213 | 142 | 267 | 274 | 281 |
Working Cap'
|
|||
| 750 | 759 | 696 | 635 | 591 | 663 | 657 | 605 | 553 | 560 |
Total Debt
|
|||
| 733 | 656 | 665 | 568 | 507 | 426 | 509 | 306 | 236 | 233 |
Net Debt
|
|||
| 976 | 959 | 913 | 977 | 947 | 920 | 874 | 1,024 | 1,046 | 1,139 |
Sh' Equity
|
|||
| (0.08%) | (1.17%) | (3.03%) | 6.78% | 5.69% | 4.51% | 10.40% | 17.34% | 4.99% | 10.61% |
ROA
|
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| 0.51% | 0.15% | (0.32%) | 6.51% | 4.99% | 4.29% | 8.97% | 15.46% | 5.49% | 9.57% |
ROIC
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| (0.15%) | (2.11%) | (5.44%) | 11.84% | 9.62% | 7.71% | 19.22% | 32.41% | 8.71% | 17.73% |
ROE
|
|||
Dorian LPG Ltd. peers in Oil & Gas Midstream
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NGL NGL Energy Partners LP | $1.9B | 0.0× | Compare |
| GEL Genesis Energy, L.P. | $1.8B | 74.6× | Compare |
| FLNG Flex LNG Ltd. | $1.7B | 16.3× | Compare |
| TNK Teekay Tankers Ltd. | $3.3B | 5.5× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GLP Global Partners LP | $1.6B | 9.6× | Compare |
| NAT Nordic American Tankers Limited | $1.6B | 13.1× | Compare |
| PBT Permian Basin Royalty Trust | $1.6B | 96.4× | Compare |
| DHT DHT Holdings, Inc. | $3.5B | 7.4× | Compare |
Dorian LPG Ltd. (LPG) key facts
- Dorian LPG Ltd. (LPG) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
- Dorian LPG Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $481.5 million, up 36.3% from fiscal 2025.
- Net income was $193.7 million, or $4.55 per share (basic), a net margin of 40.2%.
- As of September 25, 2026, LPG traded at $53.43, a market capitalization of $2.3 billion.
- At that price the stock trades at 7.1× trailing-twelve-month earnings and 3.9× sales.
- Dorian LPG Ltd. pays an annual dividend of $4.00 per share, a yield of 9.37%, with a payout ratio of 80.8%.
- Return on equity was 17.7% and debt-to-equity 0.41.
Dorian LPG Ltd. (LPG) Latest News
7 Sep
Dorian LPG Ltd. orders three new vessels from Hanwha Ocean. Fleet expansion via three newbuild orders marks a major strategic capacity increase with direct effects on future revenue and market position.
Dorian LPG orders three dual-fuel Panamax VLGCs from Hanwha Ocean. Fleet expansion via three new dual-fuel VLGCs strengthens capacity and efficiency.
4 Sep
Dorian LPG Ltd. enters VLGC newbuilding contracts, releases forward chartering estimates, and obtains a new credit facility. VLGC newbuilding contracts plus new credit facility mark major fleet expansion and financing moves that can shift company trajectory.
9 Aug
Dorian LPG Ltd. reported record quarterly earnings. Analysis questions if the stock remains below fair value. Record earnings signal strong financial performance likely to lift investor sentiment and stock trajectory.
Dorian LPG posted record Q1 earnings and built substantial cash reserves, raising questions on whether these results strengthen the bullish case for the stock. Record Q1 earnings plus large cash buildup materially improve Dorian LPG's financial strength and investor outlook.
8 Aug
Dorian LPG Ltd. released Q1 earnings call highlights covering revenue, fleet operations, charter rates, and market conditions for LPG shipping. Quarterly earnings details can shift near-term investor sentiment and stock trading without altering long-term company trajectory.
6 Aug
Dorian LPG Ltd. (LPG) held its Q1 2027 earnings call covering financial results, operations, and outlook. Earnings call discloses quarterly metrics and guidance that typically drive major shifts in stock trajectory and sentiment.
5 Aug
Dorian LPG Ltd. held its Q1 2027 earnings call covering financial results, operations and outlook for the LPG shipping company. Earnings calls deliver financial results and forward guidance that directly move stock prices and investor views.
Dorian LPG Ltd posted record TCE rates in Q1 2027 with strategic fleet updates highlighted during the earnings call. Record TCE rates indicate strong revenue growth and enhanced competitive positioning for Dorian LPG Ltd.
Dorian LPG Ltd. announced financial results for the first quarter of fiscal year 2027. Quarterly earnings results typically influence short-term valuation and investor sentiment without fundamentally redefining long-term trajectory.
30 Jul
Dorian LPG Ltd. reported first quarter 2027 earnings, scheduled a conference call, and completed the sale of Constellation. Quarterly earnings release combined with asset sale completion updates financial results and cash position.
23 Jul
Iran conflict escalates LPG shipping rates, positioning Dorian LPG Ltd. near a buy point amid surging market conditions. Iran conflict-driven rate surges directly enhance Dorian LPG revenue and market trajectory.
16 Jul
Dorian LPG Ltd. declared an irregular cash dividend of $1.00 per share and completed the sale of Corsair. Dividend payout and vessel sale moderately affect financial performance and operations.
23 Jun
Dorian LPG Ltd. entered a VLGC newbuilding contract, issued forward chartering estimates and signed memorandums to sell three VLGCs. VLGC newbuilding contract plus sale of three vessels mark major fleet renewal and capacity shifts.
27 May
Louis Navellier states that the oil price drop conceals a larger opportunity tied to Dorian LPG Ltd. operations and market positioning. Oil price shifts can moderately affect LPG shipping demand and near-term investor sentiment for Dorian LPG Ltd.
25 May
Analyst forecasts for Dorian LPG Ltd. (NYSE:LPG) are surging higher. Higher analyst forecasts may lift near-term investor sentiment and share price for Dorian LPG.
22 May
Dorian LPG Ltd. held Q4 2026 earnings call discussing financial results and outlook. Quarterly earnings calls provide updates that moderately shift investor sentiment and near-term valuation.
21 May
Strait of Hormuz blockade drives sharp rise in LPG tanker demand and freight rates, delivering major revenue gains to Dorian LPG Ltd. Hormuz blockade sharply lifts LPG shipping volumes and rates, materially boosting Dorian LPG earnings and stock trajectory.
20 May
Dorian LPG Ltd maintains strong cash reserves while advancing strategic fleet initiatives as outlined in Q4 2026 earnings call highlights. Strong cash position combined with strategic fleet moves points to major operational and market trajectory shifts.
Dorian LPG Ltd. reported Q4 2026 earnings covering revenue, net income, fleet utilization, spot and time-charter rates, and management outlook on LPG shipping demand and supply. Earnings results and forward guidance directly influence revenue forecasts and share price for LPG.
Dorian LPG Ltd. announced financial results for the fourth quarter and fiscal year 2026. Earnings releases for a listed company typically drive immediate share price movement and alter market expectations.
Dorian LPG Ltd. reported Q4 results during its earnings call, noting higher revenues from elevated LPG shipping rates, improved fleet utilization, and positive forward guidance amid robust market demand. Quarterly earnings updates and guidance typically influence near-term stock sentiment and valuation without altering long-term fundamentals.
7 May
Dorian LPG Ltd. declares irregular cash dividend of $1.00 per share. Irregular $1.00 per share cash dividend signals strong cash position and delivers significant shareholder value, positively impacting market performance.
30 Mar
Dorian LPG Ltd.'s firm VLGC charter rates sharpen the near-term risk-reward profile, enhancing short-term attractiveness amid market dynamics. Firm VLGC charter rates boost near-term revenue visibility and market sentiment without fundamentally reshaping long-term operations.
26 Mar
Dorian LPG Ltd. announces forward chartering estimates for the quarter ending March 31, 2026. Forward chartering estimates reveal booked revenues ahead, significantly influencing future financial outlook and stock valuation.
20 Mar
Dorian LPG Ltd. takes delivery of a dual-fuel 93,000 cubic meter LPG carrier newbuilding, expanding its modern fleet with eco-friendly technology. Delivery of a large dual-fuel newbuilding vessel strengthens Dorian LPG's fleet capacity, efficiency, and competitive edge in the growing LPG shipping market.
7 Feb
Dorian LPG Ltd. has experienced strong recent returns, prompting an assessment of its valuation amidst conflicting fair value signals. Analysts are evaluating the company's financial performance and market positioning, considering factors such as fleet utilization and market demand for LPG transportation. The mixed signals regarding fair value suggest a need for careful analysis of future growth prospects and potential risks in the volatile shipping sector. Conflicting fair value signals indicate a moderately noticeable influence on the company's financial performance and market sentiment.
6 Feb
Dorian LPG Ltd. (LPG) shares surged 9.5% following the announcement of an irregular dividend and a strong earnings report for Q3 2025, which exceeded market expectations. The company's financial performance showcased resilience and growth, positively influencing investor sentiment. The irregular dividend and strong earnings report are likely to significantly impact investor sentiment and the company's future performance.
Dorian LPG Ltd. reported its Q3 earnings, highlighting strong performance driven by increased demand for its fleet and improved charter rates. The company noted a positive outlook for the remainder of the year, citing strategic initiatives aimed at enhancing operational efficiency and expanding market presence. Management emphasized their commitment to maintaining a robust balance sheet while navigating market challenges. Overall, the earnings call reflected confidence in future growth prospects and the company's ability to adapt to changing market conditions. The earnings call indicates significant strategic moves and a positive outlook that could alter the company's trajectory.
Dorian LPG Ltd. released Q3 2026 earnings call summary detailing financial performance, operational updates, and forward-looking statements. Earnings call summary reveals quarterly financials and guidance impacting short-to-medium term performance.