BW LPG Limited Price & Performance (BWLP)

BW LPG has solidified its position as the leading VLGC operator by acquiring 12 vessels from Avance Gas Holdings. The deal, financed partly through issuing new shares, brings the fleet to 52 VLGCs. Additionally, the company exercised purchase options for two more vessels worth $140 million combined, with deliveries expected in 2025.1

BW LPG's stock experienced fluctuations, with a 3.4% rise on March 14 and a 2.5% drop the following day. The company’s P/E ratio of 4.09 and a market cap of $1.43 billion reflect its valuation. Analysts recently upgraded the stock to a 'buy' rating, citing strong earnings performance.23

BW LPG announced a $0.42 per share dividend for Q4 2024, offering a 14% annualized yield. The dividend ex-date is March 7 on the Oslo Stock Exchange and March 10 on the NYSE, with payments scheduled for late March. The payout underscores the company’s strong financial health and commitment to shareholders.45