Oregon Public Employees Retirement Fund Sells Shares of Dorian LPG

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Dorian ($NYSE:LPG) LPG Ltd. is a liquefied petroleum gas shipping company. It owns and operates Very Large Gas Carriers that transport propane and butane. The Oregon Public Employees Retirement Fund has sold 1,400 shares of Dorian LPG Ltd.

Stock Price

The news of the sale has been mostly positive, with shares opening at $15.8 on Monday and closing at $16.0, up 1.6% from the previous closing price.

VI Analysis

Company’s fundamentals reflect its long term potential, and the VI app makes it easy to see how strong the company is. The VI Star Chart shows that DORIAN LPG has a high health score of 7/10, indicating that it is capable of sustaining future operations in times of crisis. The company is strong in growth and medium in asset, dividend, and profitability.

It is classified as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. This makes it an attractive investment for investors who are looking for stability and potential for long-term growth.

VI Peers

The global liquefied petroleum gas (LPG) market is expected to grow at a CAGR of over 5% during the period 2019–2024. The LPG market is highly competitive with the presence of several large and small players. The four largest players in the market are Dorian LPG Ltd, Navigator Holdings Ltd, Avance Gas Holding Ltd, and Exmar NV, which together accounted for a market share of around 40% in 2018. The company has a strong presence in all major LPG shipping regions, including the Atlantic Basin, the Mediterranean, the Far East, and Australia. Navigator Holdings Ltd is a leading global provider of seaborne transportation solutions for liquefied petroleum gas (LPG). The company has a modern and efficient fleet of Very Large Gas Carriers (VLGCs), which it uses to transport LPG to its customers around the world. Avance Gas Holding Ltd is a leading global provider of seaborne transportation solutions for liquefied petroleum gas (LPG). The company has a modern and efficient fleet of Very Large Gas Carriers (VLGCs), which it uses to transport LPG to its customers around the world. Exmar NV is a leading global provider of seaborne transportation solutions for liquefied petroleum gas (LPG). The company has a modern and efficient fleet of Very Large Gas Carriers (VLGCs), which it uses to transport LPG to its customers around the world.

– Navigator Holdings Ltd ($NYSE:NVGS)

Navigator Holdings Ltd owns and operates a fleet of very large ethane and liquefied petroleum gas carriers. As of March 31, 2021, the company’s operated fleet consisted of 44 vessels. It serves energy companies, refiners, and chemical producers in the United States, Europe, Asia, and South America.

– Avance Gas Holding Ltd ($OTCPK:AVACF)

As of 2022, Avance Gas Holding Ltd has a market cap of 435M and a Return on Equity of 7.85%. The company is a leading provider of liquefied petroleum gas (LPG) transportation and storage services. It operates a fleet of LPG carriers and has a global customer base. The company is headquartered in Singapore.

– Exmar NV ($LTS:0EEV)

Exmar NV is a Belgian shipping company that was founded in Antwerp in 1892. The company is involved in the maritime transportation of crude oil, natural gas, and petrochemicals. As of 2022, Exmar NV had a market capitalization of 561.39 million euros and a return on equity of 0.89%. The company’s fleet consists of approximately 60 vessels, including crude oil tankers, liquefied natural gas carriers, and floating storage units.

Summary

Dorian LPG is a leading international provider of seaborne transportation of liquefied petroleum gas , with a modern, high-quality VLGC fleet. Dorian LPG’s share price has been on the rise in recent months, making it an attractive investment for those looking to get exposure to the LPG sector. The company’s strong position in the market, modern fleet and growth outlook make it a compelling investment proposition.