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.

Earnings data Q1 2021

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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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ATHENS, Greece, Nov. 15, 2023 (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, 2023 before the market opens in New York on November 21, 2023.

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

StealthGas is well-positioned to benefit from a strong LPG shipping market and is one of the cheapest marine shipping companies available. The company's LPG fleet is on time charters, but it has many vessels that are scheduled to come off charters by year-end. The stock is a speculative "Buy."

StealthGas Looks Poised To Benefit From Time Charter Expirations

ATHENS, Greece, Oct. 26, 2023 (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 a $10 million increase to its existing common stock repurchase program for a total aggregate amount of $25 million. Shares of common stock may be purchased, from time to time, in open market or privately negotiated transactions, at times and prices that are considered to be appropriate by the Company, and the program may be suspended or discontinued at any time. As of the date hereof, the Company has repurchased an aggregate of approximately $19.1 million of common stock, including two million shares from an institutional investor for an aggregate purchase price of $10.2 million in a privately negotiated transaction.

STEALTHGAS INC. Announces Increase in Share Repurchase Program to $25 Million

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StealthGas is a successful player in the LPG shipping industry, with a strong fleet and strategic agility. The company has shown record profitability in the first half of 2023, with a reduction in debt and strong financial positioning. GASS is expanding its fleet with larger, more modern vessels, which will increase revenue and profit generation.

StealthGas: Flying Under The Radar

StealthGas Inc. (NASDAQ:GASS ) Q2 2023 Results Conference Call August 18, 2023 11:00 AM ET Company Participants Michael Jolliffe - Chairman Harry Vafias - CEO Konstantinos Sistovaris - IR Conference Call Participants Tate Sullivan - Maxim Group Climent Molins - Value Investor's Edge Operator Good day, and thank you for standing by. Welcome to the StealthGas Q2 2023 Results Conference Call.

StealthGas Inc. (GASS) Q2 2023 Earnings Call Transcript

ATHENS, Greece, Aug. 18, 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 second quarter and six months ended June 30, 2023.

STEALTHGAS INC. Reports Second Quarter and Six Months 2023 Financial and Operating Results

ATHENS, Greece, Aug. 14, 2023 (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, 2023 before the market opens in New York on August 18, 2023.

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

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Stealth Gas is an owner and operator of small and mid-sized LPG vessels, a market which has significantly improved over the past two years. The company is trading at one of the largest discounts to NAV in the entire shipping industry: GASS currently trades at less than 25% of tangible assets! Capital allocation has been lackluster over the past few years, with management prioritizing fleet renewal over share repurchases (or dividends) even while trading at a huge discount.

Stealth Gas: Significant Upside If Management Follows Through

StealthGas is not properly valued today vs. its rich cash holdings, rising earnings (3x P/E), and extensive ownership of profitable maritime vessels focused on energy transportation. With a market cap close to its cash stash (and just 2x working capital), plenty of financial engineering options exist to push the stock quote dramatically higher.

StealthGas: Maybe The Best Net Asset Play Available

StealthGas Inc. (NASDAQ:GASS ) Q1 2023 Earnings Conference Call May 24, 2023 11:00 AM ET Company Participants Konstantinos Sistovaris - Investor Relations Harry Vafias - Chief Executive Officer Conference Call Participants Tate Sullivan - Maxim Group Climent Molins - Value Investor's Edge Operator Good day and thank you for standing by. Welcome to the StealthGas Q1 2023 Results Conference Call.

StealthGas Inc. (GASS) Q1 2023 Earnings Call Transcript

ATHENS, Greece, May 24, 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 first quarter ended March 31, 2023.

STEALTHGAS INC. Reports Record First Quarter 2023 Financial and Operating Results

ATHENS, Greece, May 19, 2023 (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, 2023 before the market opens in New York on May 24, 2023.

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

ATHENS, Greece, April 03, 2023 (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 the Company's management estimate of the Net Asset Value (“NAV”) per share is region $14.50 based on the number of common shares currently outstanding. The closing price of the Company's stock on March 31, 2023 was $2.61.

STEALTHGAS INC. Announces Management Estimate of Net Asset Value Per Share of $14.50

StealthGas Inc. (NASDAQ:GASS ) Q4 2022 Earnings Conference Call February 21, 2023 11:00 AM ET Company Participants Harry Vafias - President & CEO Konstantinos Sistovaris - IR Conference Call Participants Tate Sullivan - Maxim Group Climent Molins - Value Investor's Edge Operator Good day, and thank you for standing by. Welcome to the StealthGas Q4 2020 Results Call and Webcast.

StealthGas Inc. (GASS) Q4 2022 Earnings Call Transcript

ATHENS, Greece, Feb. 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 fourth quarter and twelve months ended December 31, 2022.

STEALTHGAS INC. Reports Fourth Quarter and an All Time Record Twelve Months 2022 Financial and Operating Results

ATHENS, Greece, Feb. 16, 2023 (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, 2022 before the market opens in New York on February 21, 2023.

STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2022 Financial and Operating Results, Conference Call and Webcast

StealthGas Inc. (NASDAQ:GASS ) Q3 2022 Earnings Conference Call November 21, 2022 11:00 AM ET Company Participants Michael Jolliffe - Chairman of the Board Konstantinos Sistovaris - Investor Relations Harry Vafias - President and Chief Executive Officer Conference Call Participants Tate Sullivan - Maxim Group Operator Good day, and thank you for standing by. Welcome to the StealthGas Third Quarter 2022 Results Conference Call.

StealthGas Inc. (GASS) Q3 2022 Earnings Call Transcript

ATHENS, Greece, Nov. 21, 2022 (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, 2022.

STEALTHGAS INC. Reports Third Quarter and Nine Months 2022 Financial and Operating Results

StealthGas Inc. (NASDAQ:GASS ) Q2 2022 Earnings Conference Call August 24, 2022 11:00 AM ET Company Participants Harry Vafias - CEO Konstantinos Sistovaris - IR Conference Call Participants Tate Sullivan - Maxim Group Operator Good day, and thank you for standing by. Welcome to the StealthGas Q2 2022 results call and webcast.

StealthGas Inc. (GASS) CEO Harry Vafias on Q2 2022 Results - Earnings Call Transcript

ATHENS, Greece, Aug. 24, 2022 (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, 2022.

STEALTHGAS INC. Reports Second Quarter and Six Months 2022 Financial and Operating Results

ATHENS, Greece, Aug. 19, 2022 (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, 2022 before the market opens in New York on August 24, 2022.

STEALTHGAS INC. Announces the Date for the Release of the Second Quarter and Six Months 2022 Financial and Operating Results, Conference Call and Webcast

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