BW LPG Ltd

BW LPG Ltd

BWLPG · OL · Energy / Oil & Gas Midstream

211.00NOK+2.60 (+1.25%)

Price History

Full chart

Market Stats

Previous Close208.40
Open210.60
Day Range210.60 – 215.60
52-Week Range102.41 – 255.00
Volume326.16K
Market Cap34.22B
P/E (TTM)7.79
Forward P/E14.33
EPS28.95
Dividend Yield10.79%
Beta0.12
50-Day Avg235.15
200-Day Avg193.80

About

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. It operates through Shipping and Product Services segments. The company engages in the transportation of liquefied petroleum gas (LPG); provision of integrated LPG delivery services, as well as management services; wholesale and trade of LPG; and investment in commercial enterprises. As of December 31, 2025, it owned and operated a fleet of 54 vessels, including 28 very large gas carriers, 7 large gas carriers time chartered in by product services, and 8 VLGCs owned by BW LPG India Pte. Ltd. BW LPG Limited was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. The company was founded in 1935 and is headquartered in Singapore.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Kristian Sorensen
  • Employees1.44K
  • Headquarters10 Pasir Panjang Road, Singapore, Singapore, 117438, Norway
  • Websitehttps://www.bwlpg.com

Leadership

  • Mr. Kristian SorensenCEO & Interim Head of Commercial · b. 1977
  • Ms. Samantha XuChief Financial Officer · b. 1981
  • Captain Prodyut BanerjeeChief Operations Officer · b. 1963
  • Mr. Knut-Helge KnutsenChief Technical Officer · b. 1970
  • Aline AnlikerHead of Corporate Communications
  • Ms. Leona LeoChief People Officer · b. 1977
  • Mr. Glenn LoddenHead of Research
  • Ms. Susan E. BaritActing Secretary

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue29.56M84.70M236.19M377.86M449.25M747.36M773.34M506.47M491.75M521.75M817.20M811.73M687.80M1.56B2.95B3.56B3.58B
Growth (%)-+186.51%+178.84%+59.98%+18.89%+66.36%+3.48%-34.51%-2.91%+6.10%+56.63%-0.67%-15.27%+127.33%+88.50%+20.91%+0.52%
Cost of Revenue28.26M103.42M138.36M211.43M313.63M415.00M354.62M309.23M397.57M427.40M530.08M550.57M517.37M1.30B2.06B2.77B2.81B
Gross Profit1.30M-18.72M97.83M166.43M135.62M332.37M418.72M197.24M94.18M94.35M287.13M261.16M170.43M262.91M890.94M789.02M772.98M
Gross Margin4.41%-22.10%41.42%44.05%30.19%44.47%54.14%38.94%19.15%18.08%35.14%32.17%24.78%16.81%30.23%22.14%21.58%
Operating Expense25.04M13.79M96.30M183.14M4.45M63.36M73.17M143.89M90.71M118.70M-40.73M-20.56M671.00K-7.92M367.21M355.33M424.93M
Operating Income-23.73M-32.51M1.53M-16.71M131.17M269.01M345.54M53.35M3.48M-24.36M327.85M281.72M169.76M270.83M523.73M433.69M348.05M
Operating Margin-80.28%-38.38%0.65%-4.42%29.20%35.99%44.68%10.53%0.71%-4.67%40.12%34.71%24.68%17.32%17.77%12.17%9.72%
EBITDA-273.00K-19.88M12.07M96.44M136.02M338.74M428.45M318.76M124.22M106.58M403.77M411.01M323.96M406.27M749.15M646.99M612.88M
EBITDA Margin-0.92%-23.47%5.11%25.52%30.28%45.32%55.40%62.94%25.26%20.43%49.41%50.63%47.10%25.98%25.42%18.15%17.11%
Net Income-27.30M-38.70M-4.17M-21.45M124.74M254.57M323.97M24.28M-42.69M-71.40M273.84M243.85M184.82M227.40M469.96M354.30M242.31M
Net Income Margin-92.36%-45.69%-1.77%-5.68%27.77%34.06%41.89%4.79%-8.68%-13.68%33.51%30.04%26.87%14.54%15.95%9.94%6.76%
Interest Expense3.40M4.76M6.79M3.47M5.48M10.38M16.84M27.57M46.98M50.41M57.61M43.56M38.55M29.77M27.30M1.33M1.17M
Interest Expense % of Total Revenue11.49%5.62%2.87%0.92%1.22%1.39%2.18%5.44%9.55%9.66%7.05%5.37%5.61%1.90%0.93%0.04%0.03%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets150.66M239.97M985.43M1.12B1.63B1.66B2.11B2.59B2.46B2.26B2.55B2.42B2.36B2.54B2.52B3.32B3.15B
Total Liabilities184.88M312.97M954.46M1.12B656.68M583.11M939.04M1.48B1.38B1.28B1.37B1.17B978.38M981.39M934.30M1.38B1.23B
Total Equity-34.22M-73.00M22.18M-4.68M965.00M1.07B1.16B1.11B1.07B983.14M1.18B1.25B1.37B1.46B1.47B1.81B1.83B
Cash2.74M5.45M14.78M22.22M110.91M70.25M93.78M80.56M56.55M50.08M93.53M56.36M132.67M236.15M287.55M279.68M242.01M
Total Debt157.34M202.00M79.93M200.79M608.59M529.43M887.00M1.41B1.34B1.23B1.28B1.05B874.83M721.04M---
Net Debt154.60M196.55M65.15M178.57M497.68M459.19M793.21M1.33B1.28B1.18B1.19B989.61M742.16M484.89M124.80M662.33M611.09M

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow13.59M34.34M157.62M43.53M122.10M381.43M420.52M241.71M72.28M89.33M322.18M397.75M307.30M501.39M513.36M749.14M567.40M
Investing Cash Flow-----424.39M-183.43M-504.54M-232.70M25.02M75.74M38.92M-2.12M75.72M111.97M68.57M-541.21M-39.43M
Financing Cash Flow51.11M19.59M484.71M164.56M390.97M-238.66M107.55M-22.24M-121.32M-171.54M-329.23M-432.81M-309.73M-522.10M-645.29M-138.07M-534.16M
Capital Expenditure67.70M54.66M669.34M200.66M429.70M181.04M467.32M229.88M89.23M11.77M10.10M66.44M187.81M46.30M116.68M602.25M182.38M
Free Cash Flow-54.12M-20.32M-511.72M-157.13M-307.59M200.39M-46.80M11.84M-16.94M77.56M312.08M331.32M119.49M455.10M396.68M146.90M387.72M
Dividends Paid---5.42M2.15M124.03M256.48M104.89M59.61M59.61M59.61M126.61M99.51M126.70M405.49M388.46M199.85M
FCF to OCF-398.31%-59.15%-324.66%-360.97%-251.91%52.54%-11.13%4.90%-23.44%86.83%96.87%83.30%38.88%90.77%77.27%19.61%68.33%
Dividend Paid to FCF----3.45%-0.70%61.89%-548.04%886.28%-351.82%76.85%19.10%38.22%83.28%27.84%102.22%264.45%51.55%

Earnings

Report DateNov 27, 2013Feb 12, 2014May 23, 2014Aug 27, 2014Nov 19, 2014Feb 27, 2015May 20, 2015Aug 28, 2015Nov 19, 2015Feb 26, 2016May 20, 2016Aug 25, 2016Nov 23, 2016Feb 27, 2017May 29, 2017Aug 25, 2017Nov 23, 2017Feb 28, 2018May 30, 2018Aug 30, 2018Nov 21, 2018Feb 28, 2019May 16, 2019Aug 29, 2019Nov 21, 2019Feb 26, 2020May 26, 2020Aug 26, 2020Nov 12, 2020Feb 28, 2021May 17, 2021Aug 25, 2021Nov 15, 2021Mar 1, 2022May 18, 2022Aug 29, 2022Nov 15, 2022Feb 28, 2023May 23, 2023Aug 28, 2023Nov 14, 2023Feb 29, 2024May 30, 2024Aug 22, 2024Dec 2, 2024Feb 27, 2025May 20, 2025Aug 26, 2025Dec 2, 2025Mar 3, 2026Jun 1, 2026Aug 27, 2026Nov 23, 2026
EPS Estimate-0.290.160.550.890.550.400.560.610.610.420.18-0.010.07-0.09-0.05-0.19-0.08-0.16-0.25-0.030.11-0.160.260.670.790.570.300.130.390.320.090.150.290.250.330.270.770.740.670.931.230.700.500.460.220.220.210.630.571.081.191.42
EPS Actual2.980.190.230.530.640.480.430.610.790.610.440.160.014.860.02-0.05-0.19-0.04-0.07-0.22-0.02-0.01-0.180.190.760.810.540.450.150.530.500.090.120.430.320.230.320.720.830.390.851.150.920.580.790.220.090.230.380.541.080.79-
Surprise--34.48%43.75%-3.64%-28.09%-12.73%7.50%8.93%29.51%0.00%4.76%-11.11%200.00%6849.43%122.22%0.00%0.00%50.00%56.25%12.00%33.33%-109.09%-12.50%-26.92%13.43%2.53%-5.26%50.00%15.38%35.90%56.25%0.00%-20.00%48.28%28.00%-30.30%18.52%-6.49%12.16%-41.79%-8.60%-6.50%31.43%16.00%71.74%0.00%-59.09%9.52%-39.68%-5.26%0.00%-33.61%-
Timing-After-hoursAfter-hours-After-hoursPre-market---Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap34.22B
Enterprise Value40.83B
Trailing P/E7.79
Forward P/E14.33
Price / Sales9.70
Price / Book1.97
EPS28.95
Book Value118.37
Revenue (TTM)3.53B
Gross Profit (TTM)889.01M
EBITDA681.29M
Profit Margin12.64%
Operating Margin13.78%
Return on Equity25.46%
Return on Assets10.04%
Shares Outstanding151.81M
Shares Float84.00M
Beta0.12
Dividend Yield10.79%
Dividend Rate24.91
Payout Ratio10.19%

Dividends

20263×
8.89Sep 7, 20266.20Jun 11, 20265.43Mar 12, 2026
20254×
4.05Dec 11, 20252.23Sep 4, 20252.82May 28, 20254.55Mar 7, 2025
20244×
4.69Dec 11, 20246.04Sep 9, 202410.69Jun 7, 20249.48Mar 5, 2024
20234×
8.89Nov 17, 20238.67Sep 1, 202310.33May 26, 20235.40Mar 3, 2023
20224×
2.50Nov 21, 20221.93Sep 1, 20223.00May 24, 20221.59Mar 4, 2022
20214×
0.89Nov 19, 20210.87Aug 31, 20211.50May 26, 20212.88Mar 4, 2021
20201×
1.35Nov 18, 2020