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Dorian LPG Ltd. (LPG)

NYSE - Nasdaq Real-time price. Currency in USD
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13.02-0.05 (-0.38%)
At close: 04:00PM EDT
12.98 -0.04 (-0.31%)
After hours: 04:34PM EDT

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  • J
    Jennifer
    Does anyone know why the stock is down by so much today?
  • J
    Jim
    Great day trading stock! -4% one day +4% the next day.
  • J
    Jay
    I appreciate the sell off yesterday. happy to buy at a discount a very well run company providing a much needed service in the right market space and time. expecting at least a very strong year ahead.
  • W
    WILBUR
    Nice afterhours move up! Go LPG!
  • T
    The Hopper
    Up 5% AH, down 9% at the open. What happened?
  • T
    Tony
    I’m just observing the potential energy crunch coming. I live in Louisiana and LPG, LNG, NG, and crude are a way of life here. The potential rail strike will cause some serious problems for the northeast. They don’t have pipelines for supply. They need ships but the US government has restrictions on foreign built and operated vessels. They r working on getting the policy lifted just for the winter. It’s all BS as usual.
    My fair price for LPG is around $20. Just my opinion.
  • S
    Steve
    Follow any stock who pays a diivdend, and after the ex date it will almost all drop in price by the amount being paid out, and often slightly more. You must realize that the market is forward looking as they price shares, and when a company is about to pay out perhaps $100 million in dividends to share holders, that means that $100 million dollars of cash left their balance sheet as an asset when the payment is being made. The stock market corrects for that loss of value, which is gained back shortly from earnings coming in the door from the few months of business. Seasonal businesses often take a bigger hit especially if their earnings all happen in a particular 3 to 5 month time span each year. I.E. Retail Christmas sales is a good example, which has nothing to do with shipping LPG gas. Hedge funds often short a stock on the timing of dividend payments knowing the price will often drop.
  • J
    Johnny
    As usual, it is up pretty good un pre-market, but if it follows its pattern it will go down when the market opens and trade sideways all day.
  • J
    Johnny
    I am waiting for an answer from the company, but my broker says this happens all of the time, although I have never seen it happen before. According to the broker, on every ex-dividend date the previous close is adjusted by the price of the dividend to discourage people from selling the stock. The effect that has on a portfolio is to decrease the portfolio by the amount of the dividend. Yes, the shareholder will get cash in the amount of the dividend on distribution day and the share price may or may not go up by them, BUT on ex-dividend day the portfolio of every shareholder decreases by the amount of the dividend, which cancels out the benefit of the dividend.
  • T
    Tony
    Wait till the winter energy crunch hits Europe. LPG fuel will be in demand. Prices could spike with market conditions and Dorian will be there to ship the fuel.
    I surveyed these ships here in the US and and may have been on one of their ships.
    I live in Louisiana and we use a lot of LPG for crab, shrimp, and crawfish boils. Now standby generators have standby fuel tanks.
    It’s a good market to be in. I’m now looking at some dry bulk shippers. They pay good Div as well.
  • T
    Tony
    I just read there’s a shortage of petroleum vessels to transport products this winter.
    Oh what a crazy market we live in.
  • J
    Johnny
    How can the pre-market price be up 20 cents, while being down $1 at the same time???
  • A
    Anonymous
    Rates up 25% last 2 weeks. LPG down 12% today. Risk/reward ratio is getting creazy.
  • J
    Johnny
    You are telling me that the company deducted $1/share from my share price in order to give me $1/share dividend???
  • S
    Steve
    $1.00 DIVIDEND PER QUARTER ON A STOCK SELLING AT $15 + PLUS CHANGE......IT'S A GREAT YIELD, WHAT'S NOT TO LIKE. I OWN SHARES IN 5 SHIPPING COMPANIES, BOTH COMMON AND PREFERRED SHARES.....This dividend beats them all against the cost per share......it's right on about 24.8% annual yield if $1 is paid each quarter for $4.00 per year dividend. That $2.50 bonus was ending their fiscal year which is on a different schedule than any normal fiscal tax ending calendar year. A gift for sure !
  • J
    Johnny
    According to Yahoo, institutions hold 72% of this stock and insiders hold 16%. That doesn't leave much for retail investors. There is some really weird price fluctuations in this stock. It goes up almost 50 points in one tick and down 50 points in the very next tick. WIERD!!!
  • J
    Jay
    l recently rotated into LPG and got lucky catching a couple of down day dips to buy in. very happy with the quick bounce back Friday.
    although attracted by the global energy market potential, strong fundamentals and technicals and the sepurbe dividend for a long term hold, perhaps I should consider day trading it.
    feedback please....
  • D
    DICK
    Why isn't LPG at least $30 per share with all that 's going on ?
  • J
    Johnny
    At the close of post-market trading yesterday this stock was up 68 cents, the same it is in pre-market this morning. By the time the market opens it will likely be down 68 cents.
  • S
    Stone Cold
    They mentioned this as an irregular divy,does that mean they will announce the regular quarterly divy soon too?