
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About
BW LPG Limited (BWLP)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/20/2025: BWLP (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 37.71% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.83B USD | Price to earnings Ratio 6.42 | 1Y Target Price - |
Price to earnings Ratio 6.42 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.4 | 52 Weeks Range 7.66 - 16.82 | Updated Date 06/29/2025 |
52 Weeks Range 7.66 - 16.82 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 9.33% | Basic EPS (TTM) 1.87 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.63% | Operating Margin (TTM) 5.37% |
Management Effectiveness
Return on Assets (TTM) 7.1% | Return on Equity (TTM) 17.41% |
Valuation
Trailing PE 6.42 | Forward PE 6.54 | Enterprise Value 2679478784 | Price to Sales(TTM) 0.54 |
Enterprise Value 2679478784 | Price to Sales(TTM) 0.54 | ||
Enterprise Value to Revenue 0.79 | Enterprise Value to EBITDA 4.59 | Shares Outstanding 151343008 | Shares Floating 79510316 |
Shares Outstanding 151343008 | Shares Floating 79510316 | ||
Percent Insiders 39.75 | Percent Institutions 32.14 |
Upturn AI SWOT
BW LPG Limited
Company Overview
History and Background
BW LPG Limited was founded in 1955 as Bergesen d.y. ASA. It has evolved into a leading global provider of liquefied petroleum gas (LPG) transport services, undergoing various strategic changes and acquisitions over the years.
Core Business Areas
- LPG Transportation: The company's primary business involves the transportation of LPG globally, utilizing a fleet of Very Large Gas Carriers (VLGCs).
- LPG Trading: BW LPG engages in LPG trading activities to optimize fleet utilization and enhance profitability.
- Investments: The company also has strategic investments related to its core business
Leadership and Structure
The company is led by its Chief Executive Officer and operates with a structured organizational hierarchy, including departments for commercial operations, technical management, and finance.
Top Products and Market Share
Key Offerings
- VLGC Transportation: BW LPG's core offering is VLGC transportation of LPG. The company operates one of the world's largest fleets of VLGCs. Their market share fluctuates based on vessel supply/demand, but is generally around 15-20% of total VLGC capacity. Competitors include Avance Gas Holding Ltd, Dorian LPG Ltd, and Navigator Holdings Ltd.
- LPG Trading: BW LPG provides LPG trading services alongside its transport. Market share data for this is more fragmented and difficult to obtain specifically for BW LPG, but the overall LPG trading market is competitive with many participants including major energy companies and commodity traders. Competitors include Vitol, Glencore, Trafigura and major energy companies like Shell, BP.
Market Dynamics
Industry Overview
The LPG transportation industry is driven by global demand for LPG, influenced by factors like population growth, economic development, and energy policies. The industry is cyclical and influenced by vessel supply and demand, as well as global energy prices.
Positioning
BW LPG is a leading player in the VLGC market, with a large and modern fleet. Its competitive advantages include its scale, operational expertise, and strong customer relationships.
Total Addressable Market (TAM)
The total addressable market for LPG transport is estimated to be billions of dollars annually, fluctuating with LPG prices and trade volumes. BW LPG is positioned to capture a significant share of this market through its large fleet and global presence.
Upturn SWOT Analysis
Strengths
- Large and modern fleet of VLGCs
- Strong operational expertise
- Global presence and established customer relationships
- Experienced management team
- Focus on sustainability and energy efficiency
Weaknesses
- Susceptibility to cyclical market conditions
- High capital expenditure requirements
- Reliance on external factors such as energy prices and geopolitical events
Opportunities
- Growing global demand for LPG
- Expansion into new markets
- Technological advancements in vessel design and efficiency
- Increasing adoption of LPG as a cleaner fuel source
- Fleet optimization and cost reduction.
Threats
- Oversupply of VLGCs
- Fluctuations in energy prices
- Geopolitical instability
- Stringent environmental regulations
- Competition from alternative fuels.
Competitors and Market Share
Key Competitors
- Dorian LPG Ltd. (LPG)
- Avance Gas Holding Ltd (AVANCE.OL)
- Navigator Holdings Ltd. (NVGS)
Competitive Landscape
BW LPG possesses a large fleet and global network, providing it an edge. Dorian LPG focuses on operational efficiency, while Avance Gas has taken a more focused approach. Navigator Holdings diversifies into other gases, while BW LPG is largely pure play LPG.
Growth Trajectory and Initiatives
Historical Growth: BW LPG's historical growth has been influenced by acquisitions and organic fleet expansion. Market cycles in the VLGC sector significantly impact revenue and earnings.
Future Projections: Future growth projections are tied to global LPG demand, technological advancements in ship design, and their investment strategy. Analyst estimates require ongoing review due to the volatile nature of the industry.
Recent Initiatives: BW LPG has invested in LPG-fueled vessels to meet environmental regulations and improve fuel efficiency, aiming to reduce emissions and improve cost competitiveness.
Summary
BW LPG is a key player in the VLGC market, benefiting from its substantial fleet and global presence. It faces challenges related to market cycles and regulatory requirements, but its focus on sustainability and efficient operations positions it for future growth. The company's profitability depends heavily on LPG prices and vessel charter rates. Competition from other VLGC operators remains a significant factor.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BW LPG Limited
Exchange NYSE | Headquaters - | ||
IPO Launch date 2014-01-28 | CEO & Interim Head of Commercial Mr. Kristian Sorensen | ||
Sector Industrials | Industry Marine Shipping | Full time employees 1429 | Website https://www.bwlpg.com |
Full time employees 1429 | Website https://www.bwlpg.com |
BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. It operates through Shipping and Product Services segments. The company engages in the transportation of liquefied petroleum gas (LPG); provision of integrated LPG delivery services, as well as management services; wholesale and trade of LPG; and investment in commercial enterprises. As of December 31, 2024, it owned and operated a fleet of 55 vessels, including 53 very large gas carriers (of which 29 were owned), 2 large gas carriers time chartered in by product services, and 8 VLGCs owned by BW LPG India Pte. Ltd. The company was formerly known as BW Gas LPG Holding Limited and changed its name to BW LPG Limited in September 2013. BW LPG Limited was founded in 1935 and is headquartered in Singapore.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.