BW LPG Limited/Nkr BWLPG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About BW LPG Limited
BW LPG Limited operates within the maritime transportation industry, primarily focused on the transportation of liquefied petroleum gas (LPG). The company, headquartered in Singapore, owns and manages a fleet of Very Large Gas Carriers (VLGCs). These vessels transport LPG to global markets, serving a diverse client base with shipping routes that include key regions in Asia, Europe, and the Americas. BW LPG is part of the BW Group, a notable maritime group with a long history in shipping. The company's competitive strengths include its modern fleet and strategic operations that capitalize on global LPG trade flows.
- Ticker
- Nkr BWLPG
- Sector
- Energy
- Primary listing
- XOSL
- Employees
- 1,444
- Headquarters
- Singapore, Singapore
- Website
- www.bwlpg.com
BW LPG Limited Metrics
BasicAdvanced
kr 35B
8.52
kr 27.13
0.10
kr 24.56
10.62%
Price and volume
Market cap
kr 35B
Beta
0.1
52-week high
kr 255.00
52-week low
kr 117.80
Average daily volume
291K
Dividend rate
kr 24.56
Financial strength
Current ratio
1.439
Quick ratio
1.106
Long term debt to equity
0.324
Total debt to equity
0.454
Dividend payout ratio (TTM)
63.29%
Interest coverage (TTM)
12.90%
Profitability
EBITDA (TTM)
6,272.573
Gross margin (TTM)
25.21%
Net profit margin (TTM)
12.64%
Operating margin (TTM)
15.42%
Effective tax rate (TTM)
5.27%
Revenue per employee (TTM)
kr 22,464,980
Management effectiveness
Return on assets (TTM)
10.04%
Return on equity (TTM)
25.46%
Valuation
Price to earnings (TTM)
8.523
Price to revenue (TTM)
1.074
Price to book
18.26
Price to tangible book (TTM)
18.27
Price to free cash flow (TTM)
6.026
Free cash flow yield (TTM)
16.59%
Free cash flow per share (TTM)
38.366
Dividend yield (TTM)
10.62%
Growth
Revenue change (TTM)
-0.78%
Earnings per share change (TTM)
96.41%
3-year revenue growth (CAGR)
16.65%
10-year revenue growth (CAGR)
17.55%
3-year earnings per share growth (CAGR)
5.13%
10-year earnings per share growth (CAGR)
7.02%
3-year dividend per share growth (CAGR)
0.78%
10-year dividend per share growth (CAGR)
12.90%
Bulls say / Bears say
BW LPG earned US$120 million attributable profit in Q2 and had fixed 92% of Q3 available days at an average US$88,000 per day, well above its stated US$24,900 cash breakeven. Its US$0.95 Q2 dividend, equal to shipping profit for the quarter, also shows the scope for substantial shareholder distributions when rates are strong. (BW LPG)
Longer US-to-Asia voyages are absorbing vessel capacity: US LPG exports carried by VLGCs rose 16% in the first half of 2026, including a 212% increase to India. Continued export growth and longer routes could support demand for BW LPG’s carriers and freight rates. (BW LPG)
BW LPG’s Product Services business delivered a US$146 million realised trading result and estimated US$118 million net profit in Q3. This strong contribution shows the potential for its trading operation to add earnings beyond vessel transport. (BW Group)
The VLGC orderbook stood at 155 vessels, equal to 35% of the existing fleet, with deliveries running through 2030. If cargo growth and longer-haul trade do not absorb the added ships, excess capacity could weigh on freight rates. (BW LPG)
A full reopening of the Strait of Hormuz could restore Middle Eastern exports but narrow the US–Far East price gap and reduce shipping distances. That would weaken the exceptional ton-mile demand currently supporting spot earnings. (BW LPG)
Q2 Product Services reported an after-tax loss of US$31 million despite US$127 million in realised trading gains, as a negative US$145 million mark-to-market move on open positions drove a reported gross loss. This swing highlights the earnings volatility of the trading operation. (BW LPG)
Data summarised monthly by Lightyear AI. Last updated on 31 Oct 2026.
BW LPG Limited Financial Performance
Revenues and expenses
BW LPG Limited Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing BW LPG Limited
Fund name | Fund size | Nkr BWLPG weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.16% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.16% |
L&G Global Quality Dividends£LDGG | $353M | 0.05% |
iShares MSCI World Small Cap£WLDS | $9B | 0.03% |
iShares MSCI World Small Cap€IUSN | $9B | 0.03% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.