Summary
StealthGas Inc. (GASS) is a ship owning company with significant exposure to the pressurized LPG tanker segment, which is one of the least volatile markets in the shipping industry. The company also owns 4 oil tankers and 5 larger LPG tankers (semi-refrigerated and fully refrigerated). Within the pressurized LPG segment, StealthGas has a market share of more than 5% in terms of number of vessels and carrying capacity, which is very high by shipping industry standards. In my first Seeking Alpha article, I made the case that at $3.25, the shares were a