Dorian LPG declares $1.00/sh irregular dividend, provides Q1 outlook with TCE rev $110-112M

DORIAN LPG LTD.

Irregular cash dividend of $1.00 per share ($40.4M total), payable Sept 6, record Aug 10.
Preliminary Q1 TCE revenues expected $110.3M-$112.3M; vessel expenses $18.8M-$20.8M.
Cash and equivalents $154.5M-$156.5M; long-term debt $649.3M-$651.3M.
Utilization 98% for quarter; 2,219 available days.
Earnings release and conference call scheduled for Aug 2, 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DORIAN LPG LTD. reported the quarter ended June 30, 2023 results: revenue $110,300,000 — $112,300,000.

Period: the quarter ended June 30, 2023
Revenue: $110,300,000 — $112,300,000
Result: preliminary results

Exact text from the filing

Based on information available to the Company at this time, the Company expects that for the quarter ending June 30, 2023: Time charter equivalent (1) revenues to be between $110,300,000 — $112,300,000 Vessel operating expenses (including drydock-related expenses) to be between $18,800,000 — $20,800,000 Charter hire expenses to be between $10,300,000 — $10,700,000

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Source: SEC EDGAR

accession 0001596993-23-000039

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