Tuesday, December 18, 2012, 12:40 PM
StealthGas (GASS +4%) is initiated with a Buy rating and $10 price target at Global Hunter, which likes GASS' niche as an operator of small liquid petroleum gas vessels, which the firm thinks has an attractive supply/demand outlook. GASS' higher charter coverage and strong balance sheet should support continued fleet growth and modernization, the firm says.
Comment![Energy, Quick Ideas, On the Move]
Monday, November 26, 2012, 5:33 PMStealthGas (GASS): Q3 EPS of $0.28 misses by $0.09. Revenue of $30.4M in-line. (PR)
Tuesday, October 23, 2012, 7:38 AM
Jefferies slashes its price target on Overseas Shipholding Group (OSG) down to $1 from $3 after the company warned it might have to file for bankruptcy. The dire news from the company also rattled other tanker stocks yesterday - including Teekay (TK), StealthGas (GASS), and Scorpio Tankers (STNG) - as smooth sailing doesn't look likely with oil demand below forecasts.
Thursday, February 23, 2012, 9:20 AMStealthGas INC (GASS): Q4 EPS of $0.17 beats by $0.02. Revenue of $29M (-0.7% Y/Y) beats by $2M. (PR)