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Stock impact report

Why Shares of Navigator Holdings and Teekay Are Up Today [The Motley Fool]

Navigator Holdings Ltd. Ordinary Shares (Marshall Islands) (NVGS) 
Last navigator holdings ltd. ordinary shares (marshall islands) earnings: 4/2 04:01 pm Check Earnings Report
US:NYSE Investor Relations: navigatorgas.com/investor
Company Research Source: The Motley Fool
Why Shares of Navigator Holdings and Teekay Are Up Today What happened Shares of Navigator Holdings ( NYSE:NVGS Teekay Tankers NYSE:TNK NYSE:TK shipping companies So what Navigator Holdings, an owner and operator of a fleet of liquefied gas carriers as well as ships that transport ethylene, ethane, and ammonia, reported a third-quarter loss of $0.0 per share on revenue of $7. million, beating analyst estimates for a $0.07 loss on $0 million in sales. The company credited tensions in the Middle East and more competitive U.S. butane pricing for creating new demand for U.S. gases from India, and increasing business with China. "Geopolitical tension in the Middle East resulted in the introduction of substantial war risk premiums on shipping through the Straits of Hormuz, which made spot movements of LPG and petrochemical cargoes less economical," Navigator management said in a statement announcing results. Image source: Getty Images. Navigator specializes in so-called "handysized" vessels Show less Read more
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