LPG · Dorian Lpg Ltd.
Market Cap
$2.13B
Shares
42.78M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$49.78
Open$49.33
Day$49.17–50.30
52W close$23.93–51.32
Avg vol 30d580K
Short int2.0M · 4.7% float · 3.4d
Short vol52%
Last earningsAug 5, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 5
Up next
Next earnings call
Nov 7, 2026
Est · unconfirmed
· in 10 wks
FQ2-27 quarter ends
~Sep 30, 2026
Est
filed Aug 5, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Strong Buy
SellHoldBuy
Technical
Strong Buy
Momentum
Very Strong
Sentiment
Bullish
Fundamentals
Excellent
Quant / Vol
Moderate
Market backdrop
VIX 14.4 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+40%
above
Price vs 50-day avg
+15%
above
RSI (14)
60
neutral
MACD trend
Positive
52-week position
94%
near high
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+5%
trailing
6-month return
+45%
trailing
YTD return
+105%
this year
Relative strength
+32%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $43 › 200d $36 — 50d above 200d
Institutional flow
Accumulating
+11% holders QoQ · +53 funds added
Insider flow
Distributing
Net -$2.1M over 90 days · 100% sells
Short interest
Falling
4.67% of float · ▼ -14.1% MoM · 3.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
282 holders — near 3-yr high, broad support
Squeeze score
58
elevated · 0–100
Fundamentals
Revenue growth
+36%
Y/Y
EPS growth
+112%
Y/Y
Free cash flow
$141.4M
Valuation
P/E 6.6
below peers
Buyback
$100.0M
authorized
Balance sheet
$233.0M
net debt
Quant / Vol
risk profile
Volatility
42%
annualized · 1-yr
Max drawdown
−27%
past year
ATR
3.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jun 30, 2026
Cash costs per day
· the coming year
$26,000 – $27,000
Prior guidance
period ended
· from the 8-K filed May 15, 2025
Time charter equivalent revenues
· quarter ended March 31, 2025
$73.1M – $75.1M
Vessel operating expenses (including drydock-related expenses)
· quarter ended March 31, 2025
$22.9M – $24.9M
Charter hire expenses
· quarter ended March 31, 2025
$9.3M – $11.3M
Stock-based compensation
· quarter ended March 31, 2025
$1.35M – $1.55M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+40%
Bullish
Price vs 50-day avg
+15%
Bullish
RSI (14)
60
Neutral
MACD trend
Positive
Bullish
52-week position
94%
Bullish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $43 › 200d $36 — 50d above 200d
Institutional flow
Accumulating
+11% holders QoQ · +53 funds added
Insider flow
Distributing
Net -$2.1M over 90 days · 100% sells
Short interest
Falling
4.67% of float · ▼ -14.1% MoM · 3.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
282 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $24
Now $50 · 94%
Range high $51
vs 200-day avg +40%
vs 50-day avg +15%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $165.4M | three months ended June 30, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net income $138,285,022
+$8,695,333 Interest and finance costs
-$932,965 Unrealized (gain)/loss on derivatives
-$286,510 Realized gain on interest rate swaps
+$2,020,619 Stock-based compensation expense
+$17,649,067 Depreciation and amortization
= Adjusted EBITDA $165,430,566
|
|||
| Calendar days | 1,945 | Three months ended June 30, 2026 | — |
| Daily vessel operating expenses | $10,356 | Three months ended June 30, 2026 filing | — |
| TCE rate excluding pool adjustment non-GAAP | $75,788 | Three months ended June 30, 2026 filing | — |
| Time Charter Equivalent ("TCE") rate per available day for our fleet non-GAAP | $75,926 | three months ended June 30, 2026 | — |
|
|
|||
| Vessel operating expenses per vessel per calendar day | $10,356 | three months ended June 30, 2026 | — |
|
|
|||
| Available days for our fleet | 9,113 | Fiscal Year 2026 | — |
|
|
|||
| Time charter equivalent ("TCE") per available day rate for our fleet non-GAAP | $52,238 | Fiscal Year 2026 | — |
| Time charter equivalent rate non-GAAP | $52,238 | Year ended March 31, 2026 | — |
|
|
|||
| Time chartered-in days | 1,923 | year ended March 31, 2026 | — |
| Vessel operating expenses per vessel per calendar day (excluding non-capitalizable drydock-relat non-GAAP | $9,671 | year ended March 31, 2026 | — |
| Adjusted earnings per diluted share ("adjusted EPS") non-GAAP | $1.11 | the three months ended December 31, 2025 | — |
GAAP → non-GAAP reconciliationGAAP Earnings per common share—diluted $1.11
+$0 Unrealized loss/(gain) on derivatives
= Adjusted earnings per common share—diluted $1.11
|
|||
| Adjusted net income non-GAAP | $47.4M | the three months ended December 31, 2025 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net income $47,188,898
+$170,904 Unrealized loss/(gain) on derivatives
= Adjusted net income $47,359,802
|
|||
| Time charter equivalent excluding pool adjustment non-GAAP | $325,026,526 | Nine months ended December 31, 2025 | — |
| Total Dorian VLGC fleet capacity | 1,762,000 | as of January 31, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
LPG
this stock
Dorian Lpg Ltd.
|
$2.13B | +104.5% | +36.3% | 6.6 | 4.7% |
|
ENB
Enbridge Inc
|
$109.64B | +5.0% | — | — | 3.2% |
|
WMB
Williams Companies, Inc.
|
$91.11B | +22.7% | +13.8% | 29.7 | 2.0% |
|
EPD
Enterprise Products Partners L.P.
|
$84.26B | +21.7% | -6.4% | — | 0.9% |
|
ET
Energy Transfer LP
|
$73.38B | +29.2% | +3.5% | — | 0.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| LPG | -2.6% | +5.0% | +45.0% | +5.0% | +104.5% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -3.1% | +2.0% | +31.5% | +2.0% | +91.7% |
Capital returns
Latest dividend
$1.00
/ share · ex Jul 27, 2026
Paid (TTM)
$3.35
/ share · 4 payouts
Dividend yield (TTM, derived)
6.73%
Buyback program
· as of Feb 2, 2022
Authorized
$100.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1596993
CUSIP
Y2106R110
13F (30d)
220 filings
219 filers
Visit website
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