Profile
Sector:
IndustrialsIndustry:
Marine ShippingCountry:
GreeceIPO:
06 October 2005Website:
http://www.stealthgas.comNext earnings report:
16 August 2024Last dividends:
26 February 2009Next dividends:
N/APrice
after hours | 79 min agoDividend
Analysts recommendations
Institutional Ownership
GASS Latest News
StealthGas Inc. (NASDAQ:GASS ) Q1 2024 Earnings Call Transcript May 22, 2024 11:00 AM ET Company Participants Michael Jolliffe - Chairman Konstantinos Sistovaris - CFO Harry Vafias - CEO Operator Good day, and thank you for standing by. Welcome to the StealthGas Q1 2024 Results Conference Call and Webcast.
StealthGas remains one of my top speculative picks. The company is a bet on widening the deficit of small/handysize LPG carriers. GASS delivered good 2023 results, including robust operating and FCF growth and elevated profit margins. GASS stock trades at a massive discount to PNAV and compared to its peers. The company is not an income play but a growth speculative idea.
ATHENS, Greece, Feb. 15, 2024 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its fourth quarter operating and financial results for the period ended December 31, 2023 before the market opens in New York on February 21, 2024.
StealthGas is a deeply undervalued investment opportunity, trading at 0.36x estimated book value and with a catalyst for earnings growth. The Panama Canal situation isn't well understood, and the market is underestimating the potential free cash flow benefit from longer-than-expected transit restrictions. Bargain value stock should rise to a book value of around $17.70 per share, approximately 270% higher than today's stock price.
StealthGas Inc. (GASS) Q3 2023 Earnings Call Transcript
ATHENS, Greece, Nov. 15, 2023 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its third quarter operating and financial results for the period ended September 30, 2023 before the market opens in New York on November 21, 2023.
StealthGas is a successful player in the LPG shipping industry, with a strong fleet and strategic agility. The company has shown record profitability in the first half of 2023, with a reduction in debt and strong financial positioning. GASS is expanding its fleet with larger, more modern vessels, which will increase revenue and profit generation.
ATHENS, Greece, Aug. 14, 2023 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its second quarter operating and financial results for the period ended June 30, 2023 before the market opens in New York on August 18, 2023.
Micro-cap stocks, by definition, are stocks of companies that trade at a valuation range of $50 to $300 million. It goes without saying that investing in micro-cap stocks is a high-risk game.
StealthGas is not properly valued today vs. its rich cash holdings, rising earnings (3x P/E), and extensive ownership of profitable maritime vessels focused on energy transportation. With a market cap close to its cash stash (and just 2x working capital), plenty of financial engineering options exist to push the stock quote dramatically higher.
What type of business is StealthGas?
StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. It also provides crude oil and natural gas. The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals. As of December 31, 2021, it had a fleet of 44 LPG carriers with a total capacity of 389,426 cubic meters; three medium range product carriers with a total capacity of 140,000 deadweight tons (dwt); and one Aframax crude oil tanker with a total capacity of 115,804 dwt. StealthGas Inc. was incorporated in 2004 and is based in Athens, Greece.
What sector is StealthGas in?
StealthGas is in the Industrials sector
What industry is StealthGas in?
StealthGas is in the Marine Shipping industry
What country is StealthGas from?
StealthGas is headquartered in Greece
When did StealthGas go public?
StealthGas initial public offering (IPO) was on 06 October 2005
What is StealthGas website?
https://www.stealthgas.com
Is StealthGas in the S&P 500?
No, StealthGas is not included in the S&P 500 index
Is StealthGas in the NASDAQ 100?
No, StealthGas is not included in the NASDAQ 100 index
Is StealthGas in the Dow Jones?
No, StealthGas is not included in the Dow Jones index
When does StealthGas report earnings?
The next expected earnings date for StealthGas is 16 August 2024