BW LPG Limited Reported Q1 EPS of $1.07
Portfolio Pulse from Benzinga Newsdesk
BW LPG Limited reported a strong Q1 performance with an EPS of $1.07, a daily TCE of USD 61,500, and a NPAT of USD 150 million. The company declared a Q1 cash dividend of USD 1.00 per share. BW LPG also announced a multi-year cargo contract with Enterprise Product Partners and successfully listed on the NYSE on 29 April 2024.
May 30, 2024 | 8:47 am
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BW LPG Limited reported strong Q1 earnings with an EPS of $1.07 and declared a Q1 cash dividend of USD 1.00 per share. The company also announced a multi-year cargo contract with Enterprise Product Partners and successfully listed on the NYSE.
The strong Q1 earnings, high dividend payout, and new cargo contract are positive indicators for BWLP. The successful NYSE listing further boosts investor confidence, likely leading to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100