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 (GLOP) has been an international owner, operator and acquirer of liquefied natural gas (LNG) carriers, and its news flow reflects developments in LNG shipping, capital structure decisions and corporate transactions. Company press releases have regularly covered quarterly and annual financial results, charter activity for specific LNG carriers and changes in its security profile.
News items for GasLog Partners include announcements of time charter extensions for tri‑fuel diesel electric and steam LNG carriers, sale and lease‑back transactions for individual vessels, and updates on revenues, profit measures and operating costs. The partnership has also reported on distributions for its Series A, Series B and Series C cumulative redeemable perpetual fixed to floating rate preference units, as well as activity under its preference unit repurchase program.
A major theme in recent coverage is the Agreement and Plan of Merger with GasLog Ltd. Press releases dated April 6, 2023 and July 7, 2023 describe the proposed acquisition of all outstanding common units not beneficially owned by GasLog, the voting results of the special meeting of common unitholders and the declaration of a special cash distribution. On July 13, 2023, GasLog Partners announced the closing of the acquisition by GasLog Ltd. and the suspension of trading in its common units on the New York Stock Exchange, with delisting expected.
Investors and observers using this news page can review how GasLog Partners communicated its financial performance, fleet management decisions, distribution policies and the steps leading to the acquisition of its publicly held common units. The archive of press releases and related reports provides context on the partnership’s role in LNG shipping and its transition following the merger with GasLog Ltd.
GasLog Partners LP (NYSE: GLOP) announced a cash distribution of $0.01 per common unit for Q4 2020. This distribution is set to be paid on February 11, 2021, for shareholders of record as of February 8, 2021. The company operates a fleet of 15 LNG carriers with an average capacity of approximately 158,000 cbm.
GasLog Partners LP (NYSE: GLOP) announced the resignation of Robert B. Allardice III from its board of directors as of January 24, 2021, citing personal reasons. Following his departure, Mr. Curt Anastasio, Chairman of the Board, will serve as interim Chairman of the Audit Committee. Anastasio expressed gratitude for Allardice's contributions since joining in October 2014. The board now consists of four members, and it is actively seeking candidates to fill the vacated seat.
GasLog Partners LP (NYSE: GLOP) announced its quarterly distributions on preference units, revealing amounts for three series:
- Series A: $0.5390625, Record Date: December 8, 2020, Payment Date: December 15, 2020
- Series B: $0.5125, Record Date: December 8, 2020, Payment Date: December 15, 2020
- Series C: $0.53125, Record Date: December 8, 2020, Payment Date: December 15, 2020
This announcement underscores GasLog Partners' commitment to returning capital to its investors through these distributions.
Summary not available.
GasLog Ltd. and GasLog Partners LP will release their third quarter 2020 financial results before the market opens on November 10, 2020. A joint conference call will follow at 8:30 a.m. EST, where senior management will discuss operational and financial performance. Dial-in numbers for the call are provided, and a live webcast will be accessible on their respective Investor Relations pages. GasLog operates a fleet of 35 LNG carriers, while GasLog Partners focuses on owning and operating LNG carriers.
GasLog Partners LP (NYSE: GLOP) announced quarterly distributions on its preference units.
- 8.625% Series A: $0.5390625 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
- 8.200% Series B: $0.5125 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
- 8.500% Series C: $0.53125 per unit, Record Date: September 8, 2020, Payment Date: September 15, 2020
GasLog Partners, based in Piraeus, Greece, operates a fleet of 15 LNG carriers under multi-year charters.
GasLog Partners LP (GLOP) announced changes in its senior management and board of directors. Andy Orekar will step down as CEO effective September 15, 2020, with Paul Wogan appointed as his successor starting September 16, 2020. The board will reduce in size from seven to five members, with several directors stepping down immediately. These changes will lead to an annual cost saving of approximately $3 million starting in 2021 due to the closure of the Stamford office and the relocation of the CEO role to Greece.
GasLog Ltd. and GasLog Partners LP will announce their Q2 2020 financial results on August 5, 2020, prior to market opening. A joint conference call is scheduled for 8:30 a.m. EDT on the same day, where senior management will discuss operational and financial performance, followed by a Q&A session. Dial-in numbers are provided for various regions including the USA, UK, France, Hong Kong, and Oslo. A live webcast will be available on the companies' investor relations pages, along with a replay for those unable to attend.
Summary not available.
GasLog Partners LP (GLOP) has announced its quarterly distributions on preference units for Q2 2020. Holders of the 8.625% Series A, 8.200% Series B, and 8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units will receive distributions of $0.5390625, $0.5125, and $0.53125 per unit, respectively. The record date for these payments is June 8, 2020, with payments scheduled for June 15, 2020. GasLog Partners focuses on owning and operating LNG carriers, with a fleet of 15 vessels.