NYSE$LPG
Dorian Lpg Ltd · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Dorian LPG's financial performance was bolstered by a strong freight market, leading to substantial cash generation.
Dorian LPG reported revenues of $76.0 million and net income of $20.3 million for the second quarter of fiscal year 2023. The company's TCE rate increased by 31.1% year-over-year to $40,632. The company declared an irregular cash dividend totaling $40.4 million and extended time charters for two vessels.
- Revenues reached $76.0 million.
- Net income was $20.3 million, or $0.51 earnings per diluted share.
- Adjusted net income amounted to $17.2 million, or $0.43 adjusted earnings per diluted share.
- Time Charter Equivalent (TCE) rate per operating day for the fleet was $40,632.
Headline financials
Revenue & EPS history
Dorian LPG · Revenue · Quarterly
$76M
Forward guidance
The ongoing conflict between Russia and Ukraine continues to influence oil and gas markets, including liquefied petroleum gas dynamics. The global economic recession has significantly affected the propane markets, particularly petrochemical demand.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
-0.5%
Avg return
Earnings day
-0.0%
Avg return
5 days after
-0.1%
Avg return
30 days after
41%
20 / 49 earnings
Positive
+12.7%
Q4 2026
Best reaction
-10.8%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +12.7% | +9.0% | -6.6% | |
| Q3 2026 | -0.7% | -0.1% | +24.4% | |
| Q2 2026 | -1.8% | +0.7% | -14.2% | |
| Q1 2026 | -5.7% | +6.2% | +11.1% | |
| Q4 2025 | -10.8% | -2.0% | +12.8% | |
| Q3 2025 | -5.2% | -2.0% | -19.7% | |
| Q2 2025 | -0.9% | -7.6% | -17.3% | |
| Q1 2025 | -6.8% | -7.6% | -4.6% | |
| Q4 2024 | +2.7% | +7.3% | -4.8% | |
| Q3 2024 | -5.0% | -4.2% | -3.2% | |
| Q2 2024 | +9.5% | +6.4% | +25.8% | |
| Q1 2024 | -5.4% | -1.3% | -8.3% | |
| Q4 2023 | +2.0% | +1.8% | +1.3% | |
| Q3 2023 | +11.1% | +9.5% | +13.3% | |
| Q2 2023 | +4.6% | +2.4% | +10.3% | |
| Q1 2023 | -8.8% | -5.1% | -13.2% | |
| Q4 2022 | +1.6% | +2.5% | -11.5% | |
| Q3 2022 | +2.1% | +1.8% | +17.4% | |
| Q2 2022 | +7.6% | +3.6% | -1.8% | |
| Q1 2022 | -0.7% | -10.8% | +2.8% | |
| Q4 2021 | -2.5% | +0.8% | -4.7% | |
| Q3 2021 | +9.6% | +12.3% | +4.2% | |
| Q2 2021 | -2.8% | -1.3% | +28.9% | |
| Q1 2021 | +0.3% | -1.1% | -10.4% | |
| Q4 2020 | -0.4% | -0.3% | -7.4% | |
| Q3 2020 | -4.0% | -3.4% | -24.0% | |
| Q2 2020 | +1.3% | +2.4% | +13.0% | |
| Q1 2020 | +6.3% | +5.5% | +22.3% | |
| Q4 2019 | -8.9% | -7.6% | +8.9% | |
| Q3 2019 | +2.9% | +1.4% | -0.2% | |
| Q2 2019 | +1.0% | +3.0% | -9.8% | |
| Q1 2019 | -3.8% | -5.6% | -6.5% | |
| Q4 2018 | -7.1% | -5.8% | -6.6% | |
| Q3 2018 | +3.8% | +4.7% | -2.2% | |
| Q2 2018 | +9.6% | +10.4% | -2.7% | |
| Q1 2018 | -8.5% | -8.9% | -11.8% | |
| Q4 2017 | -3.4% | -2.2% | +10.0% | |
| Q3 2017 | +1.0% | -3.6% | -10.9% | |
| Q2 2017 | -10.5% | -7.5% | +18.9% | |
| Q1 2017 | -0.5% | -6.0% | -6.6% | |
| Q4 2016 | -2.2% | +0.7% | -20.1% | |
| Q3 2016 | -0.2% | — | — | |
| Q2 2016 | +7.0% | — | — | |
| Q1 2016 | -5.2% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | +7.2% | — | — | |
| Q4 2014 | -7.3% | — | — | |
| Q1 2015 | -7.3% | — | — | |
| Q2 2014 | — | — | — |
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