|Bid||12.50 x 800|
|Ask||12.55 x 1400|
|Day's Range||12.10 - 12.65|
|52 Week Range||9.25 - 13.55|
|PE Ratio (TTM)||208.47|
|Earnings Date||Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.33|
Jun.21 -- U.S. Commerce Secretary Wilbur Ross explains his sale of shares of Navigator Holdings Ltd. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas."
U.S. Commerce Secretary Wilbur Ross explains his sale of shares of Navigator Holdings Ltd. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
U.S. Commerce Secretary Wilbur Ross said his personal sale of stock in a shipping company days before news organizations revealed it was linked to close associates of Vladimir Putin was proper and was not a traditional short sale. Ross, who wasn’t required to divest his holdings in shipping companies, sold shares of Navigator Holdings Ltd. on Oct. 31, a day after a reporter from the New York Times contacted him seeking comment about his stake in the company and its dealings with a Russian petrochemical firm. The transaction at issue was worth between $100,000 and $250,000, according to disclosure forms Ross filed with the Office of Government Ethics.
WASHINGTON (AP) — In stories June 19 and 20, The Associated Press described the Russian company Sibur as a gas producer. The stories should have made clear that Sibur's gas production is only one of its activities. It is a petrochemicals company that produces liquefied petroleum gas as well as chemical products, plastics, gas liquids and other products.
Commerce Secretary Wilbur Ross came under fire Wednesday from a Democratic senator after reporting a short sale of a stock in a shipping company with Russian government ties. Ross appeared at a Senate Finance Committee hearing, where the panel’s top Democrat, Ron Wyden of Oregon, raised the matter. On Monday, Forbes reported that Ross shorted the stock of Navigator Holdings (NVGS) days after learning reporters were preparing a potentially negative story about his dealings with the company.
Commerce Secretary Wilbur Ross was blasted by Sen. Ron Wyden, D-Ore., for what Wyden said were multiple conflicts of interest. Forbes.com reported this week that Ross and then his family last year held shares in companies linked to China, Russia and other countries that stood to be affected by trade decisions in which Ross is involved. Ross has defended his financial holdings, which he has since divested, as proper and approved by federal watchdogs.
Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Ross reported on a government form released Monday, as required by federal ethics rules, that he shorted stock in Navigator Holdings in October. The New York Times reported Tuesday that the transaction came three business days after a Times reporter submitted questions to Ross about Navigator.
Commerce Secretary Wilbur Ross denied that he engaged in insider trading when he short sold stock of a shipping company a few days before news organizations revealed it was linked to close associates of Vladimir Putin. Ross, who wasn’t required to divest his holdings in shipping companies, shorted stock in Navigator Holdings Ltd. on Oct. 31, a day after a reporter from the New York Times contacted him seeking comment about his stake in the company and its dealings with a Russian energy firm. The transaction at issue was worth between $100,000 and $250,000, according to disclosure forms Ross filed with the Office of Government Ethics.
Commerce Secretary Wilbur Ross received approval Monday from the top federal ethics agency for short selling the stock of a shipping company linked to close associates of Vladimir Putin. The review by the Office of Government Ethics was to determine whether the transaction complied with federal ethics laws, including conflict of interest rules. Ross, who wasn’t required to divest his holdings in shipping companies, shorted stock in Navigators Holdings Ltd. on Oct. 31, a day after a reporter from the New York Times contacted Ross seeking comment about his holdings in the company and its dealings with a Russian energy firm.
Let’s say you are a prominent government official and a billionaire, and you own stock in a shady company. Eventually the reporter publishes the story, which details how shady the company is and implies that it is nefariously connected to prominent government officials. Five days before reports surfaced last fall that Ross was connected to cronies of Vladimir Putin through a shipping firm called Navigator Holdings, the secretary of commerce, who likely knew about the reporting, shorted stock in the Kremlin-linked company, positioning himself to make money on the investment when share prices dropped.
A new report in Forbes says Commerce Secretary Wilbur Ross for much of 2017 served in that job while maintaining potentially controversial financials stakes in a range of companies. While Ross last November told the U.S. Office of Government Ethics in writing that he had divested himself of every holding he had promised to do, "that was not true," Forbes said. Ross sold short a shipping firm linked to an energy firm controlled by the son-in-law of Vladimir Putin, the article said.
In late October 2017, US commerce secretary Wilbur Ross was asked for comment about a damning story (paywall) on his business ties to the Kremlin. Bad press was inevitable, and the company that tied him to Russia was sure to suffer a hit in its market value. The story would show that Ross owned stock…
Enterprise Products' (EPD) ethylene export terminal at Enterprise's Morgan's Point will have a capacity to export about 2.2 billion pounds of ethylene per year.
Enterprise Products Partners L.P. (EPD) and Navigator Holdings Ltd. (NVGS) announced today that construction is now under way on their 50/50 joint venture ethylene export terminal which will be located at Enterprise's Morgan's Point, Texas facility on the Houston Ship Channel. The high-capacity ethylene salt dome storage facility Enterprise is developing at its complex in Mont Belvieu, Texas is scheduled to begin service in the second quarter of 2019.
Earlier this year, the companies formed a 50-50 joint venture to build an ethylene export terminal. Since then, they’ve finalized a location for the facility, and construction is now underway.
Enterprise Products Partners L.P. (EPD) and Navigator Holdings Ltd. (NVGS) announced today that construction is now under way on their 50/50 joint venture ethylene export terminal which will be located at Enterprise’s Morgan’s Point, Texas facility on the Houston Ship Channel. Refrigerated storage for 66 million pounds of ethylene is being constructed on-site and will provide the capability to load ethylene at rates of 2.2 million pounds per hour. By providing access to international markets, the new export terminal will facilitate continued growth of domestic ethylene production, which is expected to reach 90 billion pounds per year by 2021.
The London-based company said it had net income of 1 cent per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings ...
LONDON , May 9, 2018 /PRNewswire/ -- Highlights Navigator Holdings Ltd. (the "Company") (NYSE: NVGS) reported net income of $0.7 million and earnings per share of $0.01 for the three months ended ...
LONDON , May 4, 2018 /PRNewswire/ -- Earnings Release: Wednesday , Ma y 9th , 201 8 , after Market Close in New York Conference Call & Webcast: Thursday , Ma y 10 th , 201 8 at 9 :00 A.M. ET Navigator ...
On April 20, Deutsche Bank started coverage on Enterprise Products Partners (EPD) with a “buy” recommendation. Deutsche Bank gave Enterprise Products Partners a target price of $31. On April 17, Barclays cut Enterprise Products Partners’ target price from $30 to $29. All of the analysts surveyed by Reuters rate Enterprise Products Partners as a “buy.”
NEW YORK, NY / ACCESSWIRE / March 6, 2018 / Navigator Holdings Ltd. (NYSE: NVGS ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 6, 2018 at 9:00 AM Eastern Time. ...