BW LPG Limited

BW LPG Limited

BWLLY
BW LPG LimitedUS flagOther OTC
15.54
USD
-0.46
- -
2.05BMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
2.36
3.78
3.3
5.49
5.81
3.71
3.47
3.72
5.89
5.87
8.93
11.51
22.15
26.57
Basic EPS, GAAP
-0.04
-0.21
0.92
1.87
2.43
0.18
-0.3
-0.51
1.97
1.76
1.33
1.68
3.53
3.66
Free Cash Flow per Basic Share
-5.12
-1.57
-2.26
1.47
-0.35
0.09
-0.12
0.55
2.25
2.4
0.86
3.39
2.98
4.96
Dividend per Share
- -
0.05
0.02
0.91
1.93
0.77
- -
- -
0.43
0.92
0.72
0.94
3.05
3.49
Book Value per Share
-0.46
-0.72
0.38
1.34
1.88
1.24
0.89
0.34
1.89
2.74
3.33
4.12
4.59
4.37
Tangible Book Value per Share
-0.19
-0.38
6.99
7.82
8.7
8.13
7.55
7.02
8.48
9.04
9.96
11.78
11.91
12.11
Basic Weighted Avg Shares
100
100
136
136
133
137
142
140
139
138
139
135
133
132
Sales/Revenue/Turnover
236
378
449
747
773
506
492
522
817
812
1,241
1,558
2,947
3,510
Operating Margin (%)
-9.34
10.3
17.08
35.99
44.68
21.74
-0.38
0.65
33.06
30.85
12.35
15.9
16.36
15.16
Depreciation Expense
33
57
59
71
85
99
127
101
126
152
154
159
218
205
Net Income, GAAP
-4
-21
125
255
324
24
-43
-71
274
244
185
227
470
483
Effective Tax Rate (%)
- -
- -
- -
0.27
0.23
0.98
- -
- -
0.85
0.2
0.28
0.45
2.18
3.66
Profit Margin (%)
-1.77
-5.68
27.77
34.06
41.89
4.79
-8.68
-13.68
33.51
30.04
14.89
14.59
15.95
13.77
Working Capital
-811
-934
102
61
31
-331
-29
16
118
118
233
246
223
247
LT Debt
73
65
503
470
767
980
1,076
1,101
1,091
874
746
469
278
244
Total Equity
31
4
975
1,081
1,171
1,117
1,074
984
1,177
1,252
1,386
1,597
1,586
1,601
Return on Invested Capital (%)
- -
- -
8.58
16.8
18.79
4.75
- -
- -
11.45
10.5
6.71
10.8
21.1
24.34
Return on Capital (%)
- -
- -
32.02
37.93
36.26
3.82
- -
- -
23.42
19.36
15.97
17.98
35.32
38.56
Return on Common Equity (%)
- -
- -
- -
217.88
150.09
11.6
-28.9
-82.15
177.14
76.13
43.95
44.57
80.38
84.46

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
292
173
206
LT Borrowings
200
187
173
LT Finance Leases
78
85
71
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
131
132
132
Market Capitalization
1,803
1,494
2,510

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
879
651
638
Cash, Cash Equivalents & STI
291
330
267
Accounts Receivable, Net
315
179
262
Inventories
189
97
71
Total Current Liabilities
655
368
391
Payables & Accruals
- -
- -
164
ST Debt
292
173
206
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.36%
10.26%
-0.65%
Free Cash Flow
-69.96%
103.03%
-13.58%
Net Income, GAAP
-55.87%
-77.8%
106.67%
Sales/Revenue/Turnover
26.21%
44.71%
89.16%
Total Cash Common Dividend
- -
59.04%
220.03%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
291
358
330
932
1,558
2023
893
459
713
882
2,947
2024
1,038
876
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.41
0.26
0.32
- -
1.68
2023
0.95
0.59
0.85
- -
3.53
2024
1.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.18
0.31
0.2
- -
0.94
2023
0.51
0.94
0.8
- -
3.05
2024
0.9
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Kristian Sorensen
Full Time Employees
1,500
Sector
Industrials
Industry
Marine Shipping
Address
10 Pasir Panjang Road Singapore Singapore 117438
IPO Date
Jan 8, 2021
Website
bwlpg.com
Business
BW LPG Limited, a Singapore-based investment holding company founded in 2013 with roots tracing to the 1930s, owns and operates the world's largest fleet of Very Large Gas Carriers (VLGCs) exceeding 50 vessels with over 4 million cubic meters capacity for liquefied petroleum gas (LPG) shipping worldwide; provides integrated LPG delivery services through its Product Services division including wholesale trading, management services, and direct delivery to buyers; engages in LPG trading with global offices in Singapore, Oslo, Madrid, and Houston following the 2022 acquisition of Vilma Oil's LPG trading operations; and invests in onshore LPG infrastructure and distribution to support customers along the LPG value chain including oil companies, trading firms, and utilities. The company, listed on the Oslo Stock Exchange since 2013 and the New York Stock Exchange since 2024 under ticker BWLP (OTC: BWLLY), pioneers sustainable shipping with 22 LPG dual-fuel VLGCs featuring the sector's lowest emissions profile through over US$130 million in retrofits, and maintains a balanced chartering strategy targeting 35-40% fleet coverage via time charters and freight forward agreements. Headquartered at 10 Pasir Panjang Road, Mapletree Business City, Singapore, BW LPG operates globally with emphasis on North American LPG export growth and recently completed the USD 1.05 billion acquisition of 12 modern VLGCs from Avance Gas in December 2024, expanding its owned fleet by 40% through cash, debt novation, and issuance of 19.282 million new shares; closed key financing facilities including a USD 380 million term loan in 2025 to refinance debt and fund the Avance Gas vessels while terminating a USD 250 million shareholder loan.

Company News

APIChatGPT
  • BW LPG Limited (BWLP) Q4 2025 Earnings Call Transcript

  • BW LPG (OTCMKTS:BWLLY) Stock Price Down 0.1% – Here’s Why

  • BW LPG Limited (BWLP) Q3 2025 Earnings Call Transcript

  • BW LPG Limited (BWLP) Q2 2025 Earnings Call Transcript

  • BW LPG Limited (BWLP) Q1 2025 Earnings Call Transcript

  • BW LPG Limited (BWLP) Q4 2024 Earnings Call Transcript

  • BW LPG: Still One Of The Most Attractive LPG Shipping Stocks

  • BW LPG Limited - Financial Calendar

  • BW LPG Is Becoming Interesting

  • BW LPG Limited (BWLP) Q3 2024 Earnings Call Transcript

  • BW LPG: Fleet Acquisition And Favorable Market Signals Further Growth

  • BW LPG Limited (BWLLY) Q1 2024 Earnings Call Transcript

  • BW LPG Limited (BWLLF) Q4 2023 Earnings Call Transcript

  • BW LPG Q3: While Waiting For Rainfall, It's Raining Dividends

  • BW LPG Q2 Earnings: Product Services Division Confuses Markets

  • BW LPG Limited (BWLLF) Q2 2023 Earnings Call Transcript

  • BW LPG: Still An Attractive Choice For The Income-Oriented Investor

  • BW LPG: Stronger Than I Expected, But For How Much Longer?

  • BW LPG Limited (BWLLF) Q4 2022 Earnings Call Transcript

  • BW LPG Limited (BWLLF) Q3 2022 Earnings Call Transcript