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Gaslog Partners Lp Stock Price, News & Analysis

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Welcome to our dedicated page for Gaslog Partners Lp news (Ticker: GLOP), a resource for investors and traders seeking the latest updates and insights on Gaslog Partners Lp stock.

GasLog Partners LP (NYSE: GLOP) serves as a critical link in global energy infrastructure through its fleet of liquefied natural gas carriers. This dedicated news hub provides stakeholders with verified updates about corporate developments and operational milestones.

Access comprehensive coverage of strategic initiatives including merger activities, fleet management updates, and long-term charter agreements. Our curated collection eliminates the need to track multiple sources, offering investors a single reference point for material disclosures.

Key content areas include corporate restructuring announcements, operational efficiency reports, and partnership developments within the LNG transportation market. All information is sourced from official filings and press releases to ensure reliability.

Bookmark this page for streamlined access to GasLog Partners' latest communications. Regularly updated content supports informed analysis of this NYSE-listed partnership's position in the energy logistics sector.

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GasLog Partners LP (NYSE: GLOP) announced its Q1 2021 results, reporting revenues of $87.1 million, a 5% decrease year-over-year, and a profit increase of 150% to $35.4 million. The quarterly earnings per unit (EPU) rose to $0.57. Key metrics include an Adjusted EBITDA of $64.1 million and a cash distribution of $0.01 per unit. The company improved charter coverage to 75% for 2021. Financial refinements were noted with a decrease in financial costs and operational efficiencies, supporting liquidity and debt repayment strategies amid market volatility.

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GasLog Partners has declared a cash distribution of $0.01 per common unit for Q1 2021. This distribution is payable on May 13, 2021, to shareholders on record as of May 10, 2021. The Partnership focuses on owning and operating Liquefied Natural Gas (LNG) carriers, with a fleet of 15 vessels averaging 158,000 cbm in carrying capacity. GasLog Partners is publicly traded under the ticker GLOP and operates as a C corporation for tax purposes, providing investors with a Form 1099 for distributions.

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GasLog Partners LP (NYSE: GLOP) announced its financial results for Q1 2021 will be released on May 6, 2021, before market opening. The partnership will hold a conference call at 8:30 a.m. EDT to discuss its operational and financial performance. Dial-in numbers are provided for various countries, and a live webcast will be available on the company's Investor Relations page. GasLog Partners operates 15 LNG carriers, focusing on growth in the LNG sector.

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GasLog Partners LP (NYSE: GLOP) announced a change in certified accountants with the engagement of Deloitte Certified Public Accountants S.A. for the fiscal year ending December 31, 2021. This decision follows the expiration of the previous engagement with Deloitte LLP, which did not express any adverse opinions on recent financial statements. The change is subject to unitholder approval at the upcoming annual general meeting. GasLog Partners operates a fleet of 15 LNG carriers, averaging 158,000 cbm capacity.

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GasLog Partners has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. Securities and Exchange Commission. The report is available on their website under the Investor Relations section. Unitholders can request a hard copy of the report, which includes audited financial statements, free of charge by contacting the company directly. GasLog Partners operates a fleet of 15 LNG carriers with an average capacity of 158,000 cbm and is publicly traded under the ticker GLOP.

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GasLog Partners LP (GLOP) reported its financial results for Q4 and FY 2020, maintaining its corporate structure post-strategic review. In Q4, revenues decreased by 12% to $85.0 million, with a profit of $22.6 million and earnings per unit of $0.31. Annual revenues were $333.7 million, down from $378.7 million in 2019. The partnership repaid $18.8 million in debt during the quarter, totaling $107.3 million for the year, while cash distribution remained at $0.01 per unit. New charters with Cheniere are expected to enhance coverage for 2021 and 2022.

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GasLog Partners LP has scheduled its annual meeting of limited partners for May 13, 2021, to be held virtually. Unitholders on record as of March 22, 2021, will be entitled to vote at this meeting. Formal notice and proxy statements will be distributed to unitholders soon.

GasLog Partners is a prominent owner and operator of LNG carriers, with a fleet of 15 vessels averaging 158,000 cbm in capacity. It is publicly traded under the symbol GLOP and has opted for C corporation tax treatment for U.S. purposes.

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GasLog Partners LP (NYSE: GLOP) announced quarterly distributions on its preference units, effective March 15, 2021. The distributions are as follows:

  • 8.625% Series A: $0.5390625 per unit
  • 8.200% Series B: $0.5125 per unit
  • 8.500% Series C: $0.53125 per unit

The record date for all preference units is set for March 8, 2021. GasLog Partners operates a fleet of 15 LNG carriers and is known for its growth-oriented approach within the LNG sector.

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GasLog Ltd. and GasLog Partners LP are set to release their fourth-quarter 2020 financial results on February 22, 2021. The companies will conduct a joint conference call at 8:30 a.m. EST to discuss these results. This call will include operational and financial reviews, with separate Q&A sessions for each company. Interested parties can join via dial-in numbers provided for various countries and an investor relations webcast will also be available for those unable to participate live.

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GasLog Partners LP (NYSE: GLOP) has appointed Roland Fisher as an Independent Director of its Board, effective immediately. Fisher is the founder of Gasfin Development, notable for its mid-scale LNG infrastructure projects. He has experience as CFO at TGE Group and has held private equity roles with Caledonia Investments and Actis. Fisher's extensive background in LNG and capital markets is expected to enhance the Board's expertise during a transitional period for GasLog Partners, which operates a fleet of 15 LNG carriers.

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FAQ

What is the market cap of Gaslog Partners Lp (GLOP)?

The market cap of Gaslog Partners Lp (GLOP) is approximately 282.9M.
Gaslog Partners Lp

NYSE:GLOP

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GLOP Stock Data

282.89M
36.18M
Pipeline Transportation of Refined Petroleum Products
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