Theodore B Young, Chief Financial Officer at Dorian LPG (NYSE:LPG), disclosed an insider sell on December 20, according to a recent SEC filing.
What Happened: Young's recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 5,000 shares of Dorian LPG. The total transaction value is $216,250.
During Thursday's morning session, Dorian LPG shares up by 1.19%, currently priced at $45.07.
Discovering Dorian LPG: A Closer Look
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Unraveling the Financial Story of Dorian LPG
Revenue Growth: Dorian LPG's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 90.47%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Profitability Metrics:
Gross ...