- BW LPG reported fourth-quarter time charter equivalent revenue of $127.6 million, down 46% year-over-year, missing the estimated $138.2 million.
- The company’s earnings per share were 22 cents, compared to $1.14 in the previous year, exceeding the estimated 17 cents.
- Dividend per share declared is 42 cents.
- Fourth-quarter Very Large Gas Carrier (VLGC) freight rates averaged $37,900 per available day and $36,700 per calendar day, with 96% fleet utilisation.
- In 2025, one new VLGC has been delivered, with an additional 11 new VLGCs scheduled for delivery, marking the lowest number of VLGC newbuilding deliveries since 2018.
- The company has concluded several time charters for commencement throughout 2025.
- For the calendar year 2025, 31% of the fleet exposure is covered by time charters at $44,800 per day, and 2% is covered by Forward Freight Agreement (FFA) hedges at $50,600 per day.
- The current investment sentiment for BW LPG includes 7 buy ratings, 1 hold, and no sell ratings.
A look at BW LPG Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a top-notch dividend score of 5, BW LPG Ltd is set to reward its investors with attractive returns over the long term. The company’s strong momentum score of 5 indicates a positive growth trajectory ahead, supported by consistent performance in the industry.
While BW LPG scores well in growth and momentum, its value and resilience scores at 3 may signal some room for improvement. However, with a solid foundation in place, the company is poised for continued success in providing maritime transportation solutions globally.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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