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

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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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Does StealthGas (GASS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love StealthGas (GASS)

Here is how StealthGas (GASS) and Pangaea Logistics (PANL) have performed compared to their sector so far this year.

Has StealthGas (GASS) Outpaced Other Transportation Stocks This Year?

StealthGas Inc. (NASDAQ:GASS ) Q1 2022 Earnings Conference Call May 26, 2022 11:00 AM ET Company Participants Michael Jolliffe - Chairman of the Board Konstantinos Sistovaris - Investor Relations Harry Vafias - Chief Executive Officer Conference Call Participants Chris Robertson - Jefferies Eric Newman - TowerView Operator Good day and thank you for standing by. Welcome to GASS First Quarter 2022 Conference Call.

StealthGas Inc. (GASS) CEO Harry Vafias on Q1 2022 Results - Earnings Call Transcript

StealthGas (GASS) delivered earnings and revenue surprises of 155.56% and 9.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

StealthGas (GASS) Q1 Earnings and Revenues Top Estimates

Dorian LPG

Navigator Hlds

While all eyes have been focused on containers, LNG and dry bulk, the LPG shipping segment is quietly outperforming all others in terms of cargo mile demand gains. However, a relatively thin delivery year in 2022 will give way to an onslaught of vessels in 2023, which will impact the market.

Why LPG Shipping Is, And Will Remain, Red-Hot

ATHENS, Greece, May 26, 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 first quarter ended March 31, 2022.

STEALTHGAS INC. Reports First Quarter 2022 Financial and Operating Results

High costs are likely to have hit StealthGas' (GASS) Q1 bottom-line performance.

StealthGas (GASS) to Report Q1 Earnings: What's in Store?

ATHENS, Greece, May 20, 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 first quarter operating and financial results for the period ended March 31, 2022 before the market opens in New York on May 26, 2022.

STEALTHGAS INC. Announces The Date For The Release Of The First Quarter 2022 Financial And Operating Results, Conference Call And Webcast.

StealthGas (GASS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here's Why StealthGas (GASS) Looks Ripe for Bottom Fishing

StealthGas Inc. (GASS) CEO Harry Vafias on Q4 2021 Results - Earnings Call Transcript

StealthGas Inc. (NASDAQ: GASS) reported a fourth-quarter revenue decrease of 3.2% year-over-year to $36.1 million, beating the consensus of $30.06 million. Adjusted EPS improved to $0.07 from $0.03 in 4Q20, in line with the consensus of $0.07.

StealthGas Stock Slides Post Q4 Results, Top-Line Beats Street View

ATHENS, Greece, March 08, 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 fourth quarter and twelve months ended December 31, 2021.

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months 2021 Financial and Operating Results

Stealth Gas is extremely cheap, trading at an 80%+ discount to book, which likely understates the replacement cost of its ships.

Dame Mas GASSolina

ATHENS, Greece, March 03, 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 fourth quarter and twelve months operating and financial results for the period ended December 31, 2021 before the market opens in New York on March 8, 2022.

STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2021 Financial and Operating Results, Conference Call and Webcast

Costamare

Capital Product Partners

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EuroDry Ltd

Euroseas

Grindrod Shipping Holdings Ltd

Global Ship Lease

Nordic American Tankers

Navios Maritime Partners

OceanPal

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Seanergy Maritime Hlds

Should a public shipping company be a pure play — owning just tankers, containers, bulkers or gas carriers — or should it do as the traditional private family shipowners do, and own a mixed fleet? The answer is important: It affects how attractive a shipping stock is to investors, and in the case of extreme rate troughs, it affects the chances a public company can avoid restructuring or insolvency.

Shipping on Wall Street: Is it better to be a pure play or jack of all trades?

StealthGas (GASS) delivered earnings and revenue surprises of 150% and 3.69%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

StealthGas (GASS) Q3 Earnings and Revenues Top Estimates

StealthGas Inc. (GASS) CEO Harry Vafias on Q3 2021 Results - Earnings Call Transcript

StealthGas (NASDAQ:GASS) reported its Q3 earnings results on Wednesday, December 8, 2021 at 09:20 AM. Here's what investors need to know about the announcement.

StealthGas: Q3 Earnings Insights

StealthGas Inc. (NASDAQ: GASS) reported third-quarter revenue increased by 1.1% year-over-year to $37.5 million, beating the consensus of $31.79 million. Fleet utilization was 97.4% - with 101 days of technical off hire for the quarter, and fleet operational utilization was 94.1%.

StealthGas Q3 Results Surpass Estimates

ATHENS, Greece, Dec. 08, 2021 (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, 2021.

STEALTHGAS INC. Reports Third Quarter and Nine Months 2021 Financial and Operating Results

ATHENS, Greece, Dec. 06, 2021 (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 and nine months operating and financial results for the period ended September 30, 2021 before the market opens in New York on December 8, 2021.

STEALTHGAS INC. Announces the Date for the Release of the Third Quarter and Nine Months 2021 Financial and Operating Results, Conference Call and Webcast

ATHENS, Greece, Dec. 06, 2021 (GLOBE NEWSWIRE) -- StealthGas Inc. (Nasdaq: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, today announced that it has completed the spin-off of its wholly-owned subsidiary, Imperial Petroleum Inc., the holding company for four tanker vessels, effective December 3, 2021.

STEALTHGAS INC. Announces Completion of Spin-Off of Imperial Petroleum Inc.

StealthGas (GASS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: StealthGas (GASS) Q3 Earnings Expected to Decline

ATHENS, Greece, Nov. 12, 2021 (GLOBE NEWSWIRE) -- StealthGas Inc. (Nasdaq: GASS) (the “Company”),  a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, today announced that the record date for the spin-off distribution of common shares and 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares (“Series A Preferred Shares”) of Imperial Petroleum Inc., the newly formed subsidiary that will act as the holding company for its four tanker vessels, is November 23, 2021.

STEALTHGAS INC. Announces Record Date for Distribution of Imperial Petroleum Inc. Shares for Spin-Off of Tanker Vessels

ATHENS, Greece, Nov. 05, 2021 (GLOBE NEWSWIRE) -- StealthGas Inc. (NYSE: GASS) (the “Company”), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, today announced that, through a wholly-owned subsidiary, it has filed a registration statement on Form F-1 pursuant to the Securities Act of 1933 to effect a spin-off of its three product tankers and its aframax tanker. Imperial Petroleum Inc., the newly formed subsidiary that will act as the holding company for the four tanker vessels, has applied to have its common shares and 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares (“Series A Preferred Shares”) listed on the Nasdaq Capital Market.

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