Dorian LPG
LPGMarket price data through November 12, 2026.
Performance
Nov 2021 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- +34%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$36
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- September 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 26 months
- How long Benson has been tracking this pick.
About Dorian LPG
Dorian LPG ships liquefied petroleum gas, the same fuel in backyard grill tanks and home heaters, across the oceans for customers worldwide. Picture a long haul trucking company where every truck is a tanker about two football fields long. Based in Stamford, Connecticut, it now runs 22 very large gas carriers, including five it rents from other owners.
The case for and against
Both sides of the story, in plain English.
- Rocketing Rates
Each Dorian ship earned about 97,000 dollars per day this quarter, up 80% from a year ago. That pushed revenue to 221 million dollars, up 78%. The world needed more ships than were available to haul gas, and backups at the Panama Canal made trips even longer.
- Generous Giveback
Dorian is sharing the windfall with a dividend of 1.25 dollars per share, roughly 54 million dollars in total, paid around November 24. Even leaving out one-time gains from selling ships, profit hit about 149 million dollars, more than two and a half times last year's.
- Shipyard Surge
About 160 new giant gas carriers are scheduled to join the global fleet by 2030. When more tankers chase the same cargo, rates usually fall. So today's sky high rate of 97,000 dollars a day is not something to count on forever.
- Shrinking Fleet
Dorian has been cashing in by selling older ships, which added a one-time gain of 64 million dollars this quarter. But that shrank the fleet to 22 vessels, and its four new ships on order don't arrive until 2029 and 2030. That leaves fewer boats earning money in a business that moves just one product.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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