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Navigator Holdings Ltd. (NVGS)

NYSE - Nasdaq Real Time Price. Currency in USD
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10.31+0.45 (+4.56%)
At close: 4:00PM EST

10.31 +0.01 (0.10%)
After hours: 4:00PM EST

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  • H
    Hairytoadus
    Did a ship sink?
  • J
    James
    Not too many posters on this board. I just established a small position primarily based on start of operations at the Morgan's Point Terminal, TX. Am I correct that the product NVGS is also transporting gas products from a terminal near Philadelphia?
    Bullish
  • H
    Hairytoadus
    Read through from EPD earnings report and the marine terminal? We should report good earnings.
  • H
    Hairytoadus
    Small world, 2 days ago I purchased shares in DHT, another company in which BW Group has a substantial interest. Is there any reason to expect them to buy NVGS outright?
  • E
    Edelweiss
    rates are still strengthening and NVGS investors are starting to take notice. Still early innings of the rebound
  • J
    JeffreyT
    Sold my position today. The economic news, especially China, is grim indeed. Wanted to maintain the modest profit I had. Earnings reports are rife with risk and I just don't have the confidence NVGS can outperform with this backdrop. Great company, I'm sure to keep my eyes open for another entry point. Good luck.
  • H
    Hairytoadus
    Was a good call and lots of reasons for optimism. Considering the long hurricane season and the electrical outages, they did reasonably well to turn a profit and shore up the balance sheet. Final lap of tank completion at the Terminal post hurricane season so hopefully will lead to many tanker visits to take greater stored volumes of NGL's to grateful buyers overseas. We got through their low point and made some money and next 6 months should be easier sailing with clear weather, vaccine stimulate growth and most dry docking operations and cost behind us. What a great opportunity to still be able to get this stock below $8. The terminal, the Luna Pool and pend up demand are going to take stock up and beyond historical highs. Won't be too long before they need to decide on a dividend thank you very much.
  • H
    Hairytoadus
    Any read through from EPD’s earnings on activity at the new ethylene marine terminal jv?
  • R
    Roy
    $NVGS says no impact to the business as a result of coronavirus. utilization rates are back to peak levels and export take or pay contracts start paying in March dropping $50M EBITDA into JV. Rates⬆️utilization⬆️vessel supply shortage in 2020 so profit⬆️.

    handysized LPG vessels are holding their recent rise to $670k/month,from $500k/month last year, due to a shortage of ships in 2020.

    Handy Ethylene shipping rates are $720k/month. Rates will increase as the ethylene flow from take or pay terminal just beginning and creates a shortage of ethylene vessels. $NVGS dominant player in HDY LPG and Ethylene
    Bullish
  • J
    JeffreyT
    Seems to have found a bottom at $9. Some day the shares will go up. An exceptionally well run company, as best I can tell. In, again, today. Good luck, if anyone is out there!
  • b
    bbb
    By no means an expert in this industry, lots of headwinds right now, but the thing I like best is pps. Pre covid, trading range $11 to $13 and would probably have moved higher as the partnerships and storage projects ramped up. Price is everything, and I think it’s a conservative play here, plus company is smaller, more nimble and a leader in what they do. Sure lots of competition, but natural gas and it’s derivative products are increasing in demand (excluding temporary supply issues due to covid) as they become more available to customers outside the us. This small company is right in the middle of this opportunity. Nice book value, other financials not terrible, technically looks
    like a breakout is pending.
  • H
    Hairytoadus
    Bodes well for NVGS...Ethane shipments to China increasing nicely.

    https://www.eia.gov/naturalgas/weekly/#itn-tabs-0
    Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government
    Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government
    www.eia.gov
  • H
    Hairytoadus
    Mariner East 2's up and running, and here's why that's great news for natural gas producers
    Mariner East 2's up and running, and here's why that's great news for natural gas producers
    www.bizjournals.com
  • H
    Hairytoadus
    Good results. Looking forward to the CC tomorrow. The future looks bright for this Company.
  • J
    JeffreyT
    Morgan Stanley upgrade today. Overweight. PT raised to $14. Nice. Company is completely overlooked.
  • J
    JeffreyT
    Back in.
  • H
    Hairytoadus
    Great report on the new terminal and completion later this year. Should be a great year for NVGS as sounds like volumes are already picking up.
  • J
    JeffreyT
    I'm back in after a long time. Company finally brought it's long term plan to fruition, and then coronavirus happened. I'm looking at it as an opportunity. China looks first to recover, so their demand for intermediates hopefully picks up soon. Like all the shippers, company has lots of debt. That is a concern. But exceptional management makes this a good speculation at these prices, IMO.
  • H
    Hairytoadus
    Good, positive earnings call. Future looks good and sounds like we are at the bottom of the trough as far as rates go. Improving utilization is the most important positive and great that there are new export facilities being built and ready for use in relatively near future. Need now to reduce variable costs to improve margins. Global growth story still very much intact and demand for these products at US prices will not be badly impacted by tariff tiff. GLTA.
  • H
    Hairytoadus
    This stock should be increasing with Improving tanker rates and completion of terminal joint venture with EPD and East Coat ethylene pipeline. The window for cheap stock should be closing.