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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:55 EDTLPGDorian LPG 7.105M share Secondary priced at $19.00
The deal priced between the $18.00-$20.00 range. JPMorgan and UBS acted as joint book running managers for the offering. Note shares trade on the OTC Norwegian Exchange.
News For LPG From The Last 14 Days
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July 30, 2014
07:02 EDTLPGDorian LPG sees demand in Asian markets for U.S. LPG growing
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06:59 EDTLPGDorian LPG CEO sees LPG export market continuing to expand
Dorian LPG CEO John Hadjipateras stated, "The growth of the LPG industry represents a significant opportunity for our company, specifically the US export market which has grown rapidly since 2009 and continues to expand at a steady pace."
06:28 EDTLPGDorian LPG reports 2014 EPS 9c, consensus 0c
Reports 2014 revenue $29.6M, consensus $39.20M. 2014 EPS and revenue considers the period from inception date of July 1, 2013 to March 31, 2014.
July 25, 2014
07:40 EDTLPGDorian LPG announces memorandum of understanding with HNA Logistics
Dorian LPG announced that it has entered into a Memorandum of Understanding, with HNA Logistics Group to explore opportunities in the liquefied petroleum gas logistics market. Separately, Dorian LPG announced that it has today taken delivery of the eco VLGC "Comet" from Hyundai Heavy Industries Co. Ltd in Ulsan, South Korea. The vessel will immediately enter into a 5-year time charter with Shell.

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