Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BWLP
Strong BuyAPPROVEBW LPG Limited · Energy · Singapore · $3.6B · Avg Vol: $8M/d
BW LPG, as a specialized operator of Very Large Gas Carriers (VLGC), is a direct beneficiary of the structural rerouting of energy flows. As conflict in the Middle East forces permanent supply chain shifts, shipping rates for energy are seeing sustained upward pressure that the market currently views as transitory. The company possesses a strong asset base and operational leverage to capture these dislocations.
COMPANY DESCRIPTION
BW LPG Limited is the world's leading owner and operator of Very Large Gas Carriers (VLGCs), specializing in the maritime transportation of liquefied petroleum gas (LPG). The company boasts a dominant global market share and a highly modern, fuel-efficient fleet equipped with pioneering LPG dual-fuel propulsion technology. Its competitive moat is established through long-term contracts with major energy companies and unmatched operational scale in global shipping lanes.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.6B | 2.9B | 3.6B | 3.6B | 32.0% | 3.6B | 6.1B | 3.7B | 1.4% |
| EPS | 1.69 | 3.57 | 2.65 | 1.60 | -1.8% | 2.38 | — | — | — |
| Shares | 133.4M | 131.1M | 151.5M | 151.3M | +13.5% | 151.8M | — | — | — |
| Debt | 705.9M | 570.2M | 1.2B | 990.2M | 11.9% | 897.8M | — | — | — |
| Equity | 1.5B | 1.5B | 1.8B | 1.8B | 7.4% | — | — | — | — |
| Op CF | 505.3M | 513.4M | 749.1M | 567.4M | 3.9% | 566.6M | — | — | — |
| Inv CF | 112.5M | 68.6M | -541.2M | -39.4M | — | — | — | — | — |
| Fin CF | -522.1M | -645.3M | -138.1M | -534.2M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of BWLP are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BWLP | BW LPG Limited(you) | $3.6B | 99 | Strong Buy |
| VLE.TO | Valeura Energy Inc. | $1.0B | 95 | Strong Buy |
| OMSE | OMS Energy Technologies Inc. | $197M | 88 | Strong Buy |
| 5E2.SI | Seatrium Limited | $5.8B | 29 | Sell |
| G92.SI | China Aviation Oil (Singapore) Corporation Ltd | $965M | 43 | Hold |
| RE4.SI | Geo Energy Resources Limited | $739M | 36 | Hold |
| BEZ.SI | Beng Kuang Marine Limited | $98M | 75 | Buy |
| Y35.SI | AnAn International Limited | $63M | 71 | Buy |
| JSE.L | Jadestone Energy plc | $241M | 43 | Hold |
| T13.SI | RH PetroGas Limited | $106M | 56 | Hold |
Peer medians: ROE 9.6% · P/E 14.0x · Gross margin 30.5%