Navigator Holdings Ltd. Interview on Company Performance, Future Strategy, & LPG Shipping Sector Outlook
June 14 2022 - 10:39AM
Oeyvind Lindeman, Chief Commercial Officer, and Randy Giveans, Head
of Investor Relations and Business Development in North America of
Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), discussed with
Barry Parker of Capital Link TV, Navigator’s key 1Q22 performance
highlights and achievements, the corporate strategy going forward,
and the current state and outlook of the LPG shipping market.
The full interview can be accessed on
the Capital Link TV YouTube page linked
below:https://youtu.be/9k5kG9DE3Ko
The full list of Capital Link’s Trending News interviews
can be accessed through the link
below:https://capitallinkshipping.com/capital-link-tv/
About Navigator Holdings
Ltd.Navigator Holdings Ltd. is the owner and operator of
the world’s largest fleet of handysize liquefied gas carriers and a
global leader in the seaborne transportation services of
petrochemical gases, such as ethylene and ethane, liquefied
petroleum gas (“LPG”), and ammonia and owns a 50% share, through a
joint venture, in an ethylene export marine terminal at Morgan’s
Point, Texas on the Houston Ship Channel, USA. Navigator’s fleet
consists of 53 semi- or fully-refrigerated liquefied gas carriers,
21 of which are ethylene and ethane capable. The Company plays a
vital role in the liquefied gas supply chain for energy companies,
industrial consumers, and commodity traders, with its sophisticated
vessels providing an efficient and reliable ‘floating pipeline’
between the parties, connecting the world today, and creating a
sustainable tomorrow. Navigator’s common stock trades on the New
York Stock Exchange under the symbol “NVGS”.
Navigator’s 1Q22 Earnings Presentation
can be accessed using the link
below:https://navigatorgas.com/wp-content/uploads/2022/05/Q1-2022-Earnings-Call.pdf
On May 23rd Navigator reported its first quarter
of 2022 financial results. For the first quarter of 2022, Navigator
reported a much-improved financial performance compared to the
first quarter of last year achieving a Net Income of $27.0 million,
compared to $2.8 million for the same period last year. Navigator
improved its balance sheet with $168 million in cash and continued
to reduce debt levels. On the commercial front, Navigator reported
fleet utilization at nearly 90% for 1Q22 and improved time charter
equivalent of nearly $23,000.
Navigator Gas CSR Update can be accessed
using the link
below:https://navigatorgas.com/wp-content/uploads/2021/05/NG-CSR-Report-2020.pdf
About Capital Link Founded in
1995, Capital Link provides Investor & Public Relations and
Media services to several listed and private companies, including
companies featured in these webinars, podcasts and presentations.
All these, including the ones mentioned above, are for
informational and educational purposes and should not be relied
upon. They do not constitute an offer to buy or sell securities or
investment advice or advice of any kind. The views expressed are
not those of Capital Link which bears no responsibility for them.
In addition, Capital Link organizes a series of industry and
investment conferences annually in key industry centers in the
United States, Europe and Asia, all of which are known for
combining rich educational and informational content with unique
marketing and networking opportunities. Capital Link is a member of
the Baltic Exchange. Based in New York City, Capital Link has
presence in London, Athens & Oslo. For additional information
please visit: www.capitallink.com
Forward-Looking Statements
Capital Link’s webinars, podcasts and presentations may contain
"forward-looking statements." Statements that are predictive in
nature, that depend upon or refer to future events or conditions,
or that include words such as "expects," "anticipates," "intends,"
"plans," "believes," "estimates," "projects," "forecasts," "may,"
"will," "should" and similar expressions are forward-looking
statements. These statements are not historical facts but instead
represent only the beliefs of each participating Company regarding
future results, many of which, by their nature are inherently
uncertain and outside of the control of the Companies. Actual
results may differ, possibly materially, from those anticipated in
these forward-looking statements. For more information about risks
and uncertainties associated with the participating companies,
please refer to the regulatory filings of each participating
company with the SEC.
CONTACT |
|
Navigator Gas |
|
Attention: |
Investor Relations |
|
investorrelations@navigatorgas.com or randy.giveans@navigatorgas.com |
Headquarters: |
10 Bressenden Place, London, SW1E 5DH. |
Tel: |
+44 (0)20 7340 4850 or +1-713-373-6197 |
Investor Relations / Media Contact:Nicolas
Bornozis, PresidentCapital Link, Inc.230 Park Avenue, Suite 1536New
York, N.Y. 10169Tel.: (212) 661-7566Fax: (212) 661-7526E-Mail:
navigatorgas@capitallink.com
Navigator (NYSE:NVGS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Navigator (NYSE:NVGS)
Historical Stock Chart
From Sep 2023 to Sep 2024