StealthGas

StealthGas, Inc. engages in the provision of international energy seaborne transportation services to liquefied petroleum gas sectors. It owns fleet of vessels that carry petroleum and petrochemical gas products in liquefied form such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer. The company was founded in December 22, 2004 and is headquartered in Athens, Greece.

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StealthGas reports record profits, focuses on debt reduction and growth

StealthGas delivered strong financial performance in Q1 2024, with record profits, revenue growth, and operational efficiency.
The company's focus on debt reduction, fleet optimization, and revenue visibility positions it well for future growth and stability.
While facing challenges in sector transitions and global economic conditions, StealthGas has opportunities to expand in ammonia trade and diverse regional markets.

StealthGas reports record profits and stable fleet, eyes strategic growth

StealthGas delivered exceptional financial results in Q2 2024, driven by record profits, revenue growth, and operational efficiency, bolstered by debt reduction and fleet stability.
While facing challenges such as asset valuation fluctuations and potential revenue uncertainties, the company's strategic strengths in share buybacks, fleet diversification, and operational performance position it well for future growth.
Opportunities lie in leveraging the strong financial foundation for strategic investments, continued chartering activities, and market expansion to navigate industry challenges and drive sustained profitability.

StealthGas reports resilient Q3 performance amidst market challenges

StealthGas navigated Q3 2024 successfully, focusing on deleveraging and revenue optimization while facing challenges in maintaining profitability.
The company's liquidity and fleet strategy are key strengths, with opportunities in the growing global LPG market and a light order book supporting future growth.
Despite challenges, StealthGas remains on track for a strong year, with a solid financial position and strategic goals driving performance.

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StealthGas stock trades at a 70% discount to NAV, offering significant upside potential, supported by strong market fundamentals and a solid financial position. The company reported an all-time high net income for 9M24 and significant revenue growth. GASS keeps its balance sheet in check. It scores a 0.91 cash-to-total debt ratio, and operating figures exceed gross interest payments.

StealthGas: A Speculative Growth Story

StealthGas is trading at a discount, presenting a buying opportunity due to strong debt management and strategic fleet expansion. GASS's financial performance has been solid, with stable revenues, positive net income since 2022, and a favorable EPS outlook. The company's debt to equity ratio is significantly better than the sector average, indicating excellent debt management and a positive financial outlook.

StealthGas: A Strategically Growing Firm Offering A Prime Buying Opportunity

StealthGas (GASS) is undervalued compared to peers, with strong financial health, high profitability, and a plan to go debt-free within 12 months. The firm has $220m in pre-booked revenue for 2025, with a projected earnings before tax of $70.51m, up 9.3%. GASS trades at a discount to book value, with a potential share price target of $19.85, offering a 277.37% upside.

StealthGas: Small But Mighty

StealthGas, Inc. (NASDAQ:GASS ) Q3 2024 Earnings Conference Call November 25, 2024 10:00 AM ET Company Participants Michael Jolliffe - Chairman of the Board Konstantinos Sistovaris - Chief Financial Officer Harry Vafias - President and Chief Executive Officer Operator Good day and thank you for standing by. Welcome to the StealthGas Third Quarter 2024 Results Conference Call.

StealthGas, Inc. (GASS) Q3 2024 Earnings Call Transcript

ATHENS, Greece, Nov. 25, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2024.

STEALTHGAS INC. Reports Third Quarter And Nine Months 2024 Financial And Operating Results

ATHENS, Greece, Nov. 19, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its third quarter operating and financial results for the period ended September 30, 2024 before the market opens in New York on November 25, 2024.

STEALTHGAS INC. Announces the Date for the Release of the Third Quarter and Nine Months 2024 Financial and Operating Results, Conference Call and Webcast

StealthGas's fleet of 27 LPG carriers, with an average age of 10.3 years, is primarily employed under time charters, ensuring a stable revenue backlog. GASS reported impressive 2Q24 results, with a 14% YoY revenue increase and 146% YoY net income growth. In 1H24, GASS repurchased 3.9 million shares, resulting in a 7.13% buyback yield. The company keeps its balance sheet in shape. As of September 2024, the company reported 18.1% total debt/equity, $71.4 million cash, and $131 million total liabilities.

StealthGas: Excellent Financials And Supporting Tailwinds

StealthGas, Inc. (NASDAQ:GASS ) Q2 2024 Earnings Conference Call September 5, 2024 11:00 AM ET Company Participants Michael Jolliffe - Chairman of the Board Harry Vafias - President and CEO Konstantinos Sistovaris - Chief Financial Officer Conference Call Participants Operator Good day, and thank you for standing by. Welcome to the StealthGas Second Quarter 2024 Results Conference Call and Webcast.

StealthGas, Inc. (GASS) Q2 2024 Earnings Call Transcript

ATHENS, Greece, Sept. 05, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2024.

STEALTHGAS INC. Reports Second Quarter and Six Months 2024 Financial and Operating Results

ATHENS, Greece, Aug. 26, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its second quarter operating and financial results for the period ended June 30, 2024 before the market opens in New York on September 5, 2024.

STEALTHGAS INC. Announces the Date for the Release of the Second Quarter and Six Months 2024 Financial and Operating Results, Conference Call and Webcast

StealthGas is set to release Q2 2024 earnings in just a couple of weeks, with a 35% drop in share price since June 2024. Despite a 16% reduction in thier fleet size, StealthGas achieved a 14% YoY increase in net voyage revenue and a 5% YoY rise in net income in Q1 2024. Management's debt reduction plans will lead to higher margins for FY 2024, and I am highly encouraged by their recent share buyback activity.

StealthGas: 35% Selloff Prior To Q2 Earnings Makes Them A Compelling Buy

StealthGas Inc. (NASDAQ:GASS ) Q1 2024 Earnings Call Transcript May 22, 2024 11:00 AM ET Company Participants Michael Jolliffe - Chairman Konstantinos Sistovaris - CFO Harry Vafias - CEO Operator Good day, and thank you for standing by. Welcome to the StealthGas Q1 2024 Results Conference Call and Webcast.

StealthGas Inc. (GASS) Q1 2024 Earnings Call Transcript

ATHENS, Greece, May 22, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2024.

STEALTHGAS INC. Reports First Quarter 2024 Financial and Operating Results

ATHENS, Greece, May 17, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its first quarter operating and financial results for the period ended March 31, 2024 before the market opens in New York on May 22, 2024.

STEALTHGAS INC. Announces the Date for the Release of the First Quarter 2024 Financial and Operating Results, Conference Call and Webcast

StealthGas remains one of my top speculative picks. The company is a bet on widening the deficit of small/handysize LPG carriers. GASS delivered good 2023 results, including robust operating and FCF growth and elevated profit margins. GASS stock trades at a massive discount to PNAV and compared to its peers. The company is not an income play but a growth speculative idea.

StealthGas: High Risk/Reward Bet On Small LPG Carriers

StealthGas Inc. (GASS) Q4 2023 Earnings Call Transcript

ATHENS, Greece, Feb. 21, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2023.

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months 2023 Financial and Operating Results

ATHENS, Greece, Feb. 15, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its fourth quarter operating and financial results for the period ended December 31, 2023 before the market opens in New York on February 21, 2024.

STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2023 Financial and Operating Results, Conference Call and Webcast

StealthGas is a dominant player in the small gas carriers market, with an average fleet age of ten years. The small gas carriers have record low order book: 5% for 5,000-14,999 cbm and 1% for

StealthGas: An Obscure Shipping Stock With Healthy Financials Trading At 0.5 PB

StealthGas is a deeply undervalued investment opportunity, trading at 0.36x estimated book value and with a catalyst for earnings growth. The Panama Canal situation isn't well understood, and the market is underestimating the potential free cash flow benefit from longer-than-expected transit restrictions. Bargain value stock should rise to a book value of around $17.70 per share, approximately 270% higher than today's stock price.

StealthGas: 0.36x Book Value Going Into A Rising Earnings Cycle

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StealthGas Inc. (GASS) Q3 2023 Earnings Call Transcript

ATHENS, Greece, Nov. 21, 2023 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2023.

News for StealthGas Stock (GASS)