GLOG - GasLog: Solid Results From A Company In A Weak Industry

• GasLog has been absolutely pummeled by the market but these results were not really that bad.
• The company was impacted by a drop in spot market prices and some weakness at GasLog Partners that was consolidated into its results.
• GasLog has fairly strong forward growth potential from the already contracted newbuild vessels scheduled to be completed soon.
• The demand for LNG has not been significantly impacted by the pandemic and continues to grow YOY.
• GasLog addressed its near-term debt problems, which was the biggest problem facing the company.

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