earnings
confidence high
sentiment positive
materiality 0.85
Dorian LPG Q4 net income $81.0M, EPS $1.90; declares $1.00 special dividend
DORIAN LPG LTD.
- Q4 revenues $153.3M, net income $81.0M ($1.90 diluted EPS); adjusted EPS $1.89.
- FY 2026 revenues $481.5M, net income $193.7M ($4.54 EPS); adjusted EPS $4.57.
- Irregular cash dividend of $1.00/share ($42.8M) payable May 28 to holders of record May 18.
- Sold VLGC Cobra for net proceeds $81.9M; prepaid $16.5M of debt related to Cobra.
- TCE rate $63,615/day (Q4) up 80% YoY; fleet expansion with delivery of Areion and new $62.9M facility.
item 2.02item 9.01