What US-China Trade Progress Means For Shipping Stocks [Yahoo! Finance News]
Dorian LPG Ltd. (LPG)
Last dorian lpg ltd. earnings: 8/7 06:00 am
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Source: Yahoo! Finance News
The trade war launched by U.S. President Donald Trump has precipitated years of negative sentiment for ocean-shipping stocks. Finally, some relief is in sight. The new phase-one agreement halts new tariffs Trade tensions have been an ever-present overhang on the performance of U.S.-listed shipping stocks "Phase one ... sets up a positive market backdrop for the shipping sector as we approach 2020, which is in sharp contrast to market dynamic a year ago," affirmed Clarksons Platou Securities analyst Frode Mørkedal in a client note on Dec. 16. "Although the tanker gas markets have enjoyed Multiple shipping analysts highlighted sentiment upside from U.S.-China trade progress. "This trade agreement should help improve sentiment around global trade and economic development, benefiting shipping as a whole," said Randy Giveans, shipping analyst at Jefferies. According to Evercore ISI analyst Jon Chappell, "A trade deal should lift the sentiment cloud that has hovered over the dry bulk equiti
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News
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- Dorian LPG Ltd. (NYSE: LPG) had its "buy" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $42.00 price target on the stock.MarketBeat
- Dorian LPG Ltd. Announces Second Quarter Fiscal Year 2025 Financial ResultsBusiness Wire
LPG
Earnings
- 10/31/24 - Miss
LPG
Sec Filings
- 12/20/24 - Form 144
- 11/26/24 - Form 4
- 11/21/24 - Form 4
- LPG's page on the SEC website