Bw Lpg Stock Price, News & Analysis

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.

BW LPG has successfully completed its share buyback program that ran from April 8-17, 2025. The company acquired 316,437 ordinary shares at an average price of USD 8.63 per share, totaling USD 2,732,109 in consideration. These purchased shares are now held as Treasury shares.

Following this program, BW LPG now holds 7,939,347 ordinary shares, representing 4.98% of total issued shares. The company operates as the world's leading owner and operator of LPG vessels, managing a fleet of over 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity exceeding 4 million CBM.

BW LPG has announced a share buyback program, purchasing 316,437 of its own ordinary shares between April 8-11, 2025, at an average price of USD 8.63 per share. The program allows for the purchase of up to 3 million ordinary shares with a maximum amount of USD 20 million.

Following these transactions, BW LPG now holds 7,939,347 treasury shares, representing 4.98% of total issued shares. The company, which is the world's leading owner and operator of LPG vessels, maintains a fleet of over 50 Very Large Gas Carriers (VLGCs) with a total carrying capacity exceeding 4 million CBM.

BW LPG (NYSE: BWLP) has released an update on its Product Services segment performance for Q1 2025. The company achieved a realized gain of USD 33 million from cargo and freight operations. However, after accounting for an unrealized mark-to-market change of negative USD 36 million from open cargo contracts and hedging transactions, the quarter ended with a gross trading result of negative USD 3 million.

After including general and administrative expenses and income taxes, BW Product Services reported an estimated result of negative USD 12 million for the quarter. The average Value-At-Risk (VAR) was approximately USD 5 million. The company's full Q1 2025 financial report will be released on May 20, 2025.

BW LPG (BWLP) has announced its upcoming Annual General Meeting (AGM) for 2025. The meeting is scheduled to take place on Thursday, May 15, 2025, at 10:00 AM local time. The AGM will be held at Mapletree Business City, 10 Pasir Panjang Road, #18-01, Singapore 117438. The company has made available the Notice of Annual General Meeting, Form of Proxy, and Recommendation from the Nomination Committee as attached documents.

BW LPG (NYSE: BWLP) has announced a share buyback program to purchase up to 3 million ordinary shares for a maximum amount of USD 20 million from the open market. The program will run from April 8-17, 2025, with shares to be held as treasury stock.

CEO Kristian Sørensen cited the current share price trading at a significant discount to historical asset values and NAV as the reason for the buyback. This is evidenced by the recent sale of two vessels (BW Pampero and BW Chinook) to their 52% owned subsidiary at USD 75 million per ship, and share issuance at USD 17.25 per share for the Avance Gas VLGCs acquisition.

The buyback will be executed through DNB Markets on both Oslo Stock Exchange and NYSE, in compliance with Market Abuse Regulation and Safe Harbour Regulation. The program will be managed independently from future dividend considerations.

BW LPG has signed a Memorandum of Agreement to sell two Very Large Gas Carriers (VLGCs) - BW Pampero and BW Chinook - to BW LPG India for approximately USD 75 million per vessel. The vessels, built in 2015 and acquired in the recent Avance Gas transaction, are scheduled for delivery in Q3 2025.

BW LPG India currently operates India's largest VLGC fleet with seven ships, accounting for about 20% of India's LPG imports. The transaction aligns with India's Atmanirbhar Bharat (self-reliant India) scheme, as the fleet is Indian-flagged and Indian-operated. The company's ownership structure includes BW LPG (52%), Maas Capital Shipping B.V. (42%), and Global United Shipping.

BW LPG (NYSE: BWLP, OSE: BWLPG.OL) has published its 2024 Integrated Annual Report and Annual Report on Form 20-F, including audited financial statements for the year ended December 31, 2024. The company has filed these documents with the SEC on March 28, 2025.

BW LPG stands as the world's leading owner and operator of LPG vessels, with a fleet of Very Large Gas Carriers (VLGC) boasting a total carrying capacity exceeding 4 million CBM. The company offers integrated services across the LPG value chain, leveraging five decades of operating experience, an in-house LPG trading division, and expanding presence in LPG terminal infrastructure and distribution.

The company is associated with BW Group, which controls a fleet of over 450 vessels, including 200 LNG and LPG ships, making it the world's largest gas fleet operator.

BW LPG (NYSE: BWLP) has announced its financial calendar for 2024-2025. Key dates include the Annual Report release on March 28, 2025, followed by the Annual General Meeting on May 15, 2025. The company will release its Q1 Quarterly Report on May 20, 2025, Half-yearly Report on August 26, 2025, and Q3 Quarterly Report on December 2, 2025.

BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of Very Large Gas Carriers (VLGC) having a total carrying capacity of over 4 million CBM. The company provides integrated services across the LPG value chain, leveraging five decades of operating experience. BW LPG is associated with BW Group, which controls a fleet of over 450 vessels, including 200 LNG and LPG ships, representing the largest gas fleet globally.