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ResolvedStocks

StealthGas Profits Surge in Q1 as Cash Reserves Hit $131 Million

First Detected: Jun 6, 2026, 5:10 AM
Last Update: 3 months ago
5 articles·3 stories

Event Summary

StealthGas reported a net income of $15.9 million with an EPS of $0.43 for Q1 2026, representing a 24% increase from the previous quarter. Revenues reached $42.8 million, up 2% year-over-year, while cash reserves strengthened to $131.2 million following strategic vessel sales. The company has secured $100 million in contracted revenue, covering 54% of its remaining fleet days for 2026.

Timeline

StealthGas Posts Strong Q1 Profit with Cash Reserves Surpassing $155 Million
Jun 8, 2026, 3:11 PMImpact: 4
StealthGas Profits Surge 24% as Liquidity Strengthens in Q1 2026
Jun 6, 2026, 5:10 AMImpact: 6
StealthGas Profits Surge in Q1 as Cash Reserves Hit $131 Million
Jun 6, 2026, 5:10 AMImpact: 5

Price Impact

Since event start
GASS-3.43%