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February 20, 2014
08:35 EDTGASSStealthGas reports Q4 adjusted EPS 16c, consensus 18c
Reports Q4 revenue $32M, consensus $30.84M. Drydocking Costs for the three months ended December 31, 2013 were $0.7M compared to $0.02M for the same period last year. During the three months ended December 31, 2013, two vessels entered and completed drydock.
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May 26, 2015
09:06 EDTGASSStealthGas sees FY15 LPG charter rates to decrease
Company said, "Our current outlook for the remaining of 2015 is for LPG charter rates to likely mark a further small decrease and inevitably we anticipate this to exert pressure on the weaker owners thus seeing an increase of demolition. Our strong balance sheet, with a ratio of debt to total assets of 34%, our strong liquidity and ongoing profitability puts us in a position to address any challenges that might arise in the future. In addition, our chartering strategy has been proven once again successful as we managed within the Q1 to expand the fleet employment for the year to 66% and increase our secured revenues to $238M up to 2022. Most importantly we have proven to the market that our conservative philosophy works in both good and bad times."
09:04 EDTGASSStealthGas reports Q1 adj. EPS 14c, consensus 15c
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