The earnings call reflected a strong operational and financial performance with increased dividends, improved freight rates, and significant advancements in environmental and operational efficiency. However, geopolitical volatility and dry dock impacts posed challenges.

Company Guidance -

Q2 2026

During the Dorian LPG First Quarter 2026 Earnings Conference Call, the company provided key financial guidance and updates. They announced a dividend of $0.60 per share, amounting to $25.6 million, marking their 16th dividend payment and bringing total dividends to over $665 million, with total capital returned to shareholders exceeding $900 million. The company reported a Time Charter Equivalent (TCE) per available day of $39,726 and spot rates in the Helios Pool of about $37,700. They estimated that they have fixed approximately 70% of the pool's fixable days for the quarter ending September 30, 2025, at a TCE exceeding $67,000 per day. Operational expenses for the quarter were $10,108 per day, excluding drydocking costs, and they reported an adjusted EBITDA of $38.6 million. The company highlighted their strong financial position with $278 million in free cash and a debt to total book capitalization ratio of 34.4%. They also discussed the completion of 10 out of 12 planned dry dockings for 2025 and their initiatives to convert some Very Large Gas Carriers (VLGCs) for ammonia carriage. Additionally, they mentioned ongoing enhancements in energy efficiency and sustainability, alongside future market outlooks influenced by geopolitical factors and freight rate dynamics.

Strong Dividend Distribution

Dorian LPG declared a dividend of $0.60 per share, totaling $25.6 million, marking their 16th dividend payment. Total dividends distributed have reached over $665 million, and total capital returned to shareholders is over $900 million.

Resilient Market and Freight Rate Growth

Freight rates strengthened due to healthy arbitrage economics and geopolitical tensions. The company fixed approximately 70% of the pool's fixable days at a TCE in excess of $67,000 per day for the upcoming quarter.

Operational Efficiency and Environmental Progress

Dorian LPG completed 10 of 12 dry dockings planned for 2025 and reported fleet AR 8.5% better than the IMO 2025 target. They are also upgrading vessels to carry ammonia and enhancing energy efficiency.

Improved Financial Metrics

Reported TCE per available day was $39,726, with June results stronger than earlier months. Adjusted EBITDA was $38.6 million, and liquidity remains strong with $278 million of free cash.

Dorian LPG (LPG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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LPG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2026 (Q2)	1.25 / -	0.35	―	―	―
Aug 01, 2025	2026 (Q1)	0.60 / 0.27	1.26	-78.57% (-0.99)
May 22, 2025	2025 (Q4)	0.39 / 0.25	1.91	-86.91% (-1.66)
Jan 31, 2025	2025 (Q3)	0.65 / 0.43	2.62	-83.59% (-2.19)
Oct 31, 2024	2025 (Q2)	0.49 / 0.35	1.85	-81.08% (-1.50)
Aug 01, 2024	2025 (Q1)	1.03 / 1.26	1.21	4.13% (+0.05)
May 22, 2024	2024 (Q4)	2.00 / 1.91	1.94	-1.55% (-0.03)
Feb 01, 2024	2024 (Q3)	2.33 / 2.62	1.29	103.10% (+1.33)
Nov 02, 2023	2024 (Q2)	1.41 / 1.85	0.43	330.23% (+1.42)
Aug 02, 2023	2024 (Q1)	1.62 / 1.21	0.56	116.07% (+0.65)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LPG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$28.22	$26.54	-5.95%
May 22, 2025	$22.21	$19.80	-10.85%
Jan 31, 2025	$23.66	$22.42	-5.24%
Oct 31, 2024	$26.63	$25.98	-2.44%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Dorian LPG (LPG) report earnings?

Dorian LPG (LPG) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Dorian LPG (LPG) earnings time?

Dorian LPG (LPG) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LPG EPS forecast?

LPG EPS forecast for the fiscal quarter 2026 (Q2) is 1.25.

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