DORIAN LPG LTD. (LPG) Form 10-Q — Nov 4, 2026
Dorian LPG's fiscal Q2 (quarter ended September 30, 2026) net income more than tripled to $213.9 million, or $5.01 per basic share, from $55.4 million ($1.30) a year earlier, as total revenues rose 78.4% to $221.3 million on a surge in VLGC spot rates. TCE rates jumped to $96,990 per day from $53,725, with the Baltic Exchange LPG Index averaging $228.9 versus $81.3 in the prior-year quarter, and the company booked a $63.6 million gain on vessel disposals. Six-month net income reached $352.1 million on revenue of $409.2 million, up 96.5%.
Key figures
- Eps
- 5.01
- Revenue
- 221347756
- Net Income
- 213856959
- Revenue Yoy
- 78.4%
- Total Assets
- 2033195476
- Cash Position
- 578774436
- Shares Outstanding
- 42963277
- Tce rate q2
- 96990
- Fleet vessels
- 22
- Six month revenue
- 409232604
- Adjusted ebitda q2
- 242040292
- Gain on disposal q2
- 63623051
- Six month eps basic
- 8.26
- Net pool receivables
- 181.2 million
- Six month net income
- 352141981
- Tce rate prior year q2
- 53725
- Declared dividend total
- 53700000
- Declared dividend per share
- 1.25
- Expected gain on vessel sales
- 88600000
- Vessel sale proceeds subsequent
- 167400000
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