DORIAN LPG LTD. (LPG) Form 8-K — Aug 4, 2026
Dorian LPG reported record first quarter fiscal 2027 results for the quarter ended June 30, 2026, with revenues of $187.9 million, up 123.1% year over year, and net income of $138.3 million, or $3.24 per diluted share, versus $10.1 million, or $0.24, a year earlier. Adjusted net income was $107.2 million, or $2.52 per diluted share, up $95.9 million from the prior-year quarter, with adjusted EBITDA of $165.4 million and fleet TCE rate of $75,926 per available day, up 91.1% from $39,726.
Key figures
- Eps
- 3.24
- Revenue
- 187884848
- Guidance
- Management noted that dislocations and uncertainty are continuing to result in high volatility and extraordinary freight rates in the current quarter (no formal quantitative guidance).
- Net Income
- 138285022
- Revenue Yoy
- 123.1%
- Total Assets
- 1901829367
- Cash Position
- 342141482
- Shares Outstanding
- 42782681
- Dividend total
- 42800000
- Operated fleet
- 25 VLGCs (19 owned totaling 1,603,000 cbm as of July 30, 2026, plus 6 time chartered-in)
- Adjusted ebitda
- 165430566
- Dividend payable
- on or about August 12, 2026
- Daily vessel opex
- 10356
- Newbuilding order
- one dual-fuel 90,000 cbm Panamax VLGC ordered June 2026 from HD Hyundai Heavy Industries, delivery Q3 2029
- Dividend per share
- 1
- Adjusted net income
- 107235188
- Tce rate prior year
- 39726
- Adjusted eps diluted
- 2.52
- Dividend record date
- July 27, 2026
- Net income prior year
- 10082101
- Tce rate yoy increase
- 91.1%
- Vessels held for sale
- 156449076
- Eps prior year diluted
- 0.24
- Adjusted eps prior year
- 0.27
- Cobra sale proceeds net
- 81900000
- Gain on vessel disposal
- 30116869
- Corsair sale proceeds net
- 80800000
- Adjusted ebitda prior year
- 38578336
- Balcap facility prepayment
- 23900000
- Tce rate per available day
- 75926
- A and r facility prepayment
- 16500000
- Adjusted net income prior year
- 11265942
- Consecutive irregular dividends
- 19
- Constellation sale proceeds net
- 85600000
- Corsair japanese financing prepayment
- 24200000
Price after filing
Close on the filing date to close N calendar days later (from $43.52). Historical, not a forecast.
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