BW LPG (NYSE:BWLP) Posts Earnings Results, Misses Expectations By $0.05 EPS

BW LPG (NYSE:BWLP) announced its earnings results on Tuesday. The company reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.05), Zacks reports. BW LPG had a net margin of 6.76% and a return on equity of 12.61%.

Here are the key takeaways from BW LPG’s conference call:

• BW LPG delivered a strong Q1, with TC income of $55,500 per available day above guidance and profit after minority interests of $164 million ($1.08 EPS). Management said the results were helped by very high freight rates and a favorable market backdrop.
• The board declared a $0.67 per share dividend, including full payout of shipping profits plus a Product Services dividend. Management framed this as a shareholder-friendly decision supported by strong liquidity and earnings.
• For Q2 2026, the company is guiding to around $81,000 per day on 85% of available days, well above its all-in cash breakeven of $24,500. BW LPG also said most of the heavy drydocking activity is now behind it, which should reduce off-hire days in the next quarter.
• BW LPG announced an order for eight 90,000 cbm Panamax newbuildings for delivery from early 2029 through Q2 2030, with an average price of about $117.5 million per vessel. Management said the order supports fleet renewal and future-proofing, but it also commits the company to a sizable capital outlay over time.
• Management described the VLGC market as historically strong, driven by U.S. LPG export growth, disruptions in Middle East supply, and longer voyages via the Cape of Good Hope. They also said Panama Canal congestion and vessels idling near Hormuz are tightening shipping supply and supporting freight rates.

BW LPG Stock Performance

Shares of BWLP traded up $0.16 during mid-day trading on Tuesday, hitting $19.76. The stock had a trading volume of 652,040 shares, compared to its average volume of 469,673. The company has a quick ratio of 1.24, a current ratio of 1.53 and a debt-to-equity ratio of 0.42. The company has a market cap of $2.99 billion, a PE ratio of 12.51 and a beta of 1.09. BW LPG has a fifty-two week low of $10.16 and a fifty-two week high of $22.92. The company’s fifty day simple moving average is $19.05 and its two-hundred day simple moving average is $16.06.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on BWLP shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of BW LPG in a research report on Friday, May 22nd. Wall Street Zen raised shares of BW LPG from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. Dnb Carnegie upgraded BW LPG from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Finally, Kepler Capital Markets raised BW LPG from a “hold” rating to a “buy” rating in a research report on Tuesday, April 28th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, BW LPG presently has a consensus rating of “Moderate Buy”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new stake in shares of BW LPG in the 3rd quarter valued at approximately $36,000. Global Retirement Partners LLC acquired a new stake in BW LPG in the fourth quarter valued at approximately $43,000. Raymond James Financial Inc. bought a new stake in BW LPG in the second quarter worth $47,000. BNP Paribas Financial Markets acquired a new position in shares of BW LPG during the 3rd quarter valued at about $62,000. Finally, Osaic Holdings Inc. grew its holdings in BW LPG by 24.6% during the second quarter. Osaic Holdings Inc. now owns 7,086 shares of the company’s stock valued at $84,000 after purchasing an additional 1,400 shares during the last quarter.

BW LPG Company Profile

BW LPG (NYSE: BWLP) is a pure?play owner and operator of liquefied petroleum gas (LPG) carriers. The company’s core business centers on the maritime transportation of LPG, predominantly propane and butane, under both time? and voyage?charter arrangements. Its fleet comprises pressurized and semi?refrigerated vessels designed to meet the specific requirements of LPG producers, traders and end?users around the world.

Headquartered in Singapore, BW LPG serves a global customer base, with commercial offices in key energy hubs including Houston, London, Dubai and Tokyo.