Navigator Hldgs Ltd Stock Price, News & Analysis

Navigator Gas (NYSE:NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, has scheduled its Q2 2025 earnings release for August 12, 2025, after New York market hours.

The company will host a Zoom conference call on August 13, 2025, at 10:00 A.M. EDT to discuss the financial results. Management will present slides during the call, which will be accessible via a registration link. The presentation materials and replay will be available on the company's website under the Investors Centre section.

Navigator Holdings (NYSE:NVGS) has formed a joint venture with Amon Maritime, acquiring 80% stake in Navigator Amon Shipping AS. The venture will construct two 51,530 cubic meter ammonia-fueled carriers at an average cost of $84 million per vessel, with deliveries scheduled for June and October 2028.

Each vessel project received a NOK 90 million ($9 million) grant from Norwegian agency Enova. The vessels will operate under 5-year time charters with a blue-chip industry leader. The joint venture will finance the majority through commercial bank financing, with remaining capital contributed by Navigator and Amon Maritime.

Navigator Holdings Ltd. (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, has been added to both the Russell 3000 Index and Russell 2000 Index, effective June 30, 2025.

The inclusion comes as part of the 2025 Russell indexes annual reconstitution, based on market capitalization rankings as of April 30, 2025. The Russell 3000 comprises the largest 3,000 U.S. public companies by market cap, while the Russell 2000 represents its small-cap subset.

CEO Mads Peter Zacho highlighted this milestone as validation of the company's consistent earnings growth and commitment to safe operations. The inclusion is expected to enhance Navigator Gas's shareholder base and daily trading liquidity. Notably, approximately $10.6 trillion in assets are benchmarked against Russell U.S. indexes.

Navigator Holdings Ltd. (NYSE: NVGS), the leading owner and operator of the world's largest handysize liquefied gas carrier fleet, held its 2025 Annual General Meeting of Shareholders on June 16, 2025, in New York. Shareholders approved two key proposals: the election of six board members (Dag von Appen, Dr. Heiko Fischer, Janette Marx, Dr. Anita Odedra, Peter Stokes, and Florian Weidinger) to serve until the 2026 Annual Meeting, and the ratification of PricewaterhouseCoopers LLP as the company's independent public accounting firm for fiscal year 2025.

Navigator Gas (NYSE: NVGS) reported strong Q1 2025 financial results with total operating revenues of $151.4M, up from $134.2M in Q1 2024. Net income reached $27.0M ($0.39 per share), compared to $22.6M in Q1 2024. The company declared a $0.05 per share dividend and announced a new $50M share repurchase program. Fleet performance improved with average TCE rates of $30,476 and 92.4% utilization. The company completed significant financing activities, including a new $300M facility and a $40M bond tap issue. Navigator also acquired three ethylene-capable vessels and sold Navigator Venus for $17.5M. The Ethylene Export Terminal's expansion was completed, increasing capacity to 1.55M tons annually, though Q1 throughput was lower at 85,553 metric tons due to market conditions.

Navigator Gas (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, has announced its 2025 Annual Meeting scheduled for June 16, 2025, at 09:00 A.M. The meeting will be held at Baker Botts LLP offices in New York. Shareholders with voting rights as of the May 5, 2025 record date will vote on two main items: the election of Board of Directors members and the ratification of PricewaterhouseCoopers LLP as the company's independent auditor. The company has also filed its 2024 Form 20-F with the SEC, which is available on both the SEC website and Navigator Gas's website. Shareholders can request hard copies of the annual report free of charge.

Navigator Gas (NYSE: NVGS), the world's largest handysize liquefied gas carrier fleet operator, announced a change to its Board of Directors. Yngvil Åsheim, who joined the Board in June 2023 as a BW Group Limited designee, will resign effective June 16, 2025. Åsheim served on the Company's Compensation and ESG Committees during her tenure. Following her departure, the Board's size will decrease from seven to six members. The Company's Non-Executive Chairman, Dag von Appen, acknowledged Åsheim's contributions and maritime industry expertise over her two-year service.

Navigator Gas (NYSE: NVGS), the world's largest handysize liquefied gas carrier fleet operator, has released its 2024 Sustainability Report. The report highlights the company's key sustainability initiatives including: significant investments in energy efficiency technologies like anti-fouling hull coatings and propeller boss cap fins, partnerships with Azane Fuel Solutions and Ten08 for blue ammonia projects, and CO2 transportation initiatives. The company is expanding its Morgan's Point Terminal with plans to implement cold ironing capabilities. Navigator Gas maintains strong financial performance while investing in low-carbon infrastructure and focusing on improving gender balance, staff development, and maintaining high business integrity standards. CEO Mads Peter Zacho emphasized sustainability as integral to the company's long-term strategy and highlighted the opportunities presented by the energy transition.

Navigator Gas (NYSE: NVGS) has secured a $300 million senior secured term loan and revolving credit facility through its subsidiaries. The facility, arranged with multiple major banks including Nordea Bank and Danish Ship Finance, will be available until June 30, 2025. The funds will be used to refinance existing debt, including a $143.4 million loan due September 2025 and a $14.7 million loan maturing May 2027, with remaining funds available for general corporate purposes.

The new facility has a six-year tenor maturing in 2031 with interest at SOFR plus 170 basis points quarterly. The agreement is secured by eight company vessels and contains specific conditions, covenants, and default terms. CEO Mads Peter Zacho highlighted this as a key milestone, noting the record low margin demonstrates strong banking partner confidence despite global economic uncertainty.