Bw Lpg Stock Price, News & Analysis

BW LPG Limited (NYSE: BWLP), the world's leading LPG vessel operator, announced the public release of a draft registration statement on Form F-3 submitted to the SEC. The company plans to file the final Registration Statement within a week, which will facilitate more efficient future capital raising and enable shareholders to resell their securities. BW LPG currently has no immediate plans to issue new securities, and no shareholders have indicated intentions to sell shares. The company operates more than 50 Very Large Gas Carriers with over 4 million CBM carrying capacity. As part of BW Group, which controls over 450 vessels including the world's largest gas fleet of 200 LNG and LPG ships, BW LPG provides integrated services across the LPG value chain with five decades of operating experience.

BW LPG Limited (BWLP) has announced that its shares will trade ex-dividend on the Oslo Stock Exchange starting May 28, 2025, and on the New York Stock Exchange from May 30, 2025. The cash dividend for Q1 2025 amounts to US$ 0.28 per share. This announcement follows the company's previous press release dated May 20, 2025, which detailed the key information regarding the quarterly dividend payment.

BW LPG Limited (NYSE: BWLP) has announced its withdrawal from a planned LPG onshore import terminal project at Jawaharlal Nehru Port Association in Navi Mumbai, India. The project, which involved a $10 million investment, was a joint venture with BW Confidence Enterprise Private Limited and Ganesh Benzoplast Limited to develop a cryogenic LPG storage facility.

The decision comes as BW LPG aims to strengthen its focus on core business activities—shipping and trading—while scaling back infrastructure segment operations. CEO Kristian Sørensen emphasized that while India remains a vital market, the company will pursue other strategic initiatives to support the country's energy transition.

BW LPG reported strong Q1 2025 financial results with a Net Profit After Tax of $67 million and earnings per share of $0.30. The company achieved robust TCE performance of $39,800 per available day and declared a cash dividend of $0.28 per share, representing a 75% payout ratio. Key developments include completing a $65 million JOLCO financing and progressing on a $380 million bank financing. The company agreed to sell two vessels (BW Chinook and BW Pampero) to BW India for approximately $75 million each. Fleet coverage shows 28% of 2025 available days secured at $45,000 per day, with 2% hedged via FFAs at $50,600 per day. The company maintains strong liquidity of $633M and reduced its net leverage ratio to 31.2%.

BW LPG Limited (NYSE: BWLP) has announced a quarterly cash dividend of $0.28 per share for Q1 2025. For shares registered with Euronext VPS (Oslo Stock Exchange), the last trading day including dividend rights is May 27, 2025, with an ex-date of May 28, 2025, and payment expected around June 12, 2025. For NYSE-listed shares, the last trading day including dividend rights is May 29, 2025, with an ex-date of May 30, 2025, and payment expected around June 9, 2025. Dividends for VPS-registered shares will be distributed in NOK at the exchange rate available on the payment date.

BW LPG Limited (NYSE: BWLP) held its 2025 Annual General Meeting on May 15, 2025, in Singapore, where shareholders approved several key resolutions. The meeting resulted in the re-election of five Directors, including Andreas Sohmen-Pao who was also re-appointed as Chairman of the Board. Two new appointments were made to the Nomination Committee, with Elaine Yew Wen Suen as Chair and Alicia Yik Jie Ting as member. Shareholders approved the Directors' Statement and Audited Financial Statements, re-appointed KPMG LLP as Auditor, and authorized both a Share Buy-Back Mandate and Share Issue Mandate.

BW LPG Limited (NYSE: BWLP) announced that Non-Executive Director Andrew Wolff will step down from the Board of Directors, effective from the Annual General Meeting on May 15, 2025. Mr. Wolff served on the board for five years, contributing strategic and financial perspectives during the company's growth period.

BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of over 50 Very Large Gas Carriers (VLGCs) and total carrying capacity exceeding 4 million CBM. The company is associated with BW Group, which controls a fleet of over 450 vessels, including the world's largest gas fleet of 200 LNG and LPG ships.

BW LPG Limited (NYSE: BWLP, OSE: BWLPG.OL) has scheduled the release of its Q1 2025 Financial Report for May 20, 2025, at approximately 07:00 CEST. Following the release, the company will host an earnings presentation featuring CEO Kristian Sørensen and CFO Samantha Xu.

The presentation will be conducted via Zoom at 14:00 CEST (Oslo), 08:00 EDT (New York), and 20:00 SGT (Singapore). Interested participants must register in advance through the provided link. A recording of the presentation will be made available on the company's investor relations website after the event.

BW LPG Limited (NYSE: BWLP, OSE: BWLPG.OL) has announced the publication of its Directors' Statement and Audited Financial Statements for the fiscal year ending December 31, 2024. These financial documents, along with the Auditor's Report, will be presented for shareholder adoption at the upcoming Annual General Meeting scheduled for May 15, 2025. The complete report is accessible to investors through the company's website under the reports and presentations section.