GasLog Partners LP

GasLog Partners LP

GLOP-PA
GasLog Partners LPUS flagNew York Stock Exchange
25.74
USD
-0.01
- -
412.78MMarket Cap
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
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
64
184
249
317
402
383
379
334
326
371
398
385
Operating Margin (%)
- -
58.13
54.08
50.35
52.47
54.19
50.8
49.1
43.88
44.49
50.38
49.72
52.25
Depreciation Expense
- -
12
40
56
70
87
88
89
83
85
87
98
88
Net Income, GAAP
- -
- -
15
65
77
94
103
-37
57
6
119
139
120
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
7.89
26.17
24.34
23.42
26.77
-9.88
17.04
1.76
32.07
34.87
31.3
Working Capital
-14
-44
16
-342
-52
-33
-332
-77
-59
-14
66
-20
-2
LT Debt
- -
364
776
654
1,475
1,410
925
1,237
1,181
1,032
877
65
668
Total Equity
107
156
554
743
920
1,126
1,253
966
954
919
961
1,520
991
Return on Invested Capital (%)
- -
11.49
10.53
8.1
7.89
8.45
7.36
- -
6.43
6.75
9.33
11.11
10.16
Return on Capital (%)
- -
4.84
6.28
10.71
9.55
9.98
11.48
- -
7.55
2.98
15.19
36.38
16.93
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'22
Dec'22
Mar'23
ST Debt
133
108
252
LT Borrowings
848
832
581
LT Finance Leases
38
45
87
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
55
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'22
Dec'22
Mar'23
Total Current Assets
251
243
310
Cash, Cash Equivalents & STI
139
223
283
Accounts Receivable, Net
20
11
19
Inventories
3
3
3
Total Current Liabilities
195
177
312
Payables & Accruals
33
38
60
ST Debt
133
108
252
Deferred Revenue
28
31
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.14%
7%
58.23%
Free Cash Flow
-54.58%
12.32%
-12.17%
Net Income, GAAP
- -
303.25%
16.58%
Sales/Revenue/Turnover
27.75%
1.13%
7.22%
Total Cash Common Dividend
- -
6,175.3%
31,124.25%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
87
70
81
88
326
2022
85
85
96
105
371
2023
99
- -
- -
- -
398

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Paolo Enoizi
Full Time Employees
1,821
Sector
Energy
Industry
Oil & Gas Midstream
Address
69 Akti Miaouli Piraeus Greece 18537
IPO Date
Jul 21, 2023
Business
GasLog Partners LP (NYSE: GLOP-PA, GLOP-PB, GLOP-PC) owns, operates and acquires liquefied natural gas (LNG) carriers under long-term charters; the Partnership provides maritime transportation services for LNG cargoes to major energy companies worldwide. The Partnership operates a fleet of 15 LNG carriers, comprising modern tri-fuel diesel electric (TFDE) and steam turbine vessels with capacities ranging from approximately 145,000 to 174,000 cubic meters; these vessels secure revenue through multi-year time charters and spot market employment with counterparties including Shell plc, Cheniere Energy Inc., Trafigura Group and Naturgy SA, supplemented by sale-leaseback financing arrangements such as the 2023 transaction involving the GasLog Sydney vessel for $140 million. GasLog Partners LP, formed in 2014 and headquartered in Piraeus, Greece under the control of its general partner GasLog Partners GP LLC (a subsidiary of GasLog Ltd.), maintains operations across global LNG shipping routes with administrative functions in the Marshall Islands; the Partnership targets growth through vessel dropdowns from GasLog Ltd., third-party acquisitions and fleet optimization amid rising LNG demand. In July 2023, GasLog Ltd. completed the acquisition of the Partnership's remaining publicly held common units for $8.65 per unit, taking the entity private and simplifying its capital structure following a definitive merger agreement announced in April 2023 valued at approximately $310 million; this transaction followed prior strategic moves including the 2019 elimination of incentive distribution rights and ongoing deleveraging efforts, with quarterly common unit distributions maintained at a reduced $0.01 per unit since 2020 to prioritize balance sheet strength and preference unit repurchases. The Partnership filed its latest Annual Report on Form 20-F for the year ended December 31, 2023 in March 2024 and continued reporting for the fiscal year ended December 31, 2024 as of March 2025, reflecting sustained focus on operational efficiency and debt reduction in a market facing vessel oversupply and environmental regulatory pressures.