Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BWLPG.OL
STRONG BUYAPPROVEBW LPG Limited · Energy · Singapore · $3.0B · Avg Vol: $7M/d
BW LPG is a prime beneficiary of geopolitical disruptions in the Middle East and the Red Sea. As shipping routes are forced to bypass the Suez Canal and transit around the Cape of Good Hope, ton-mile demand for LPG carriers has structurally elevated charter rates. With a low-cost fleet and strong cash-flow generation, the company is returning massive capital to shareholders while trading at an attractive valuation.
COMPANY DESCRIPTION
BW LPG Limited is the world's largest owner and operator of Very Large Gas Carriers (VLGCs), specializing in the maritime transportation of liquefied petroleum gas (LPG). The company's competitive moat is its unmatched fleet scale, global commercial network, and pioneering investment in LPG dual-fuel propulsion engines to reduce emissions. It is a dominant market leader in LPG shipping, benefiting from growing US and Middle East export volumes to Asia.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 169M | 319M | 385M | 387M | 32.0% |
| EPS | 0.18 | 0.39 | 0.29 | 0.17 | -1.8% |
| Shares | 133M | 131M | 159M | 159M | +19.4% |
| Debt | 76M | 62M | 127M | 107M | 11.9% |
| Equity | 160M | 159M | 195M | 198M | 7.4% |
| Op CF | 55M | 56M | 81M | 61M | 3.9% |
| Inv CF | 12M | 7M | -59M | -4M | — |
| Fin CF | -56M | -70M | -15M | -58M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of BWLPG.OL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BWLPG.OL | BW LPG Limited(you) | $3.0B | 100 | STRONG BUY |
| G92.SI | China Aviation Oil (Singapore) Corporation Ltd | $1.3B | 85 | STRONG BUY |
| VLE.TO | Valeura Energy Inc. | $840M | 92 | STRONG BUY |
| BEZ.SI | Beng Kuang Marine Limited | $99M | 97 | STRONG BUY |
| 5E2.SI | Seatrium Ltd | $5.6B | 28 | SELL |
| JSE.L | Jadestone Energy plc | $234M | 65 | BUY |
| Y35.SI | AnAn International Limited | $66M | 74 | BUY |
| RE4.SI | Geo Energy Resources Limited | $656M | 15 | STRONG SELL |
| T13.SI | RH PetroGas Limited | $115M | 33 | SELL |
| 5WH.SI | Rex International Holding Limited | $85M | 9 | STRONG SELL |
Peer medians: ROE 5.3% · P/E 22.1x · Gross margin 31.9%