StealthGas Inc. (GASS) is a global shipping company that specializes in the transportation of Liquefied Petroleum Gas (LPG). With a diverse fleet of vessels, it is considered one of the largest LPG carriers worldwide. The company's operations revolve around providing seaborne transportation services to LPG producers and users, as well as for various oil majors and commodity trading companies.
Founded in 2004 and headquartered in Athens, Greece, StealthGas operates under robust quality, safety, and environmental standards. The company's strategic location in Greece gives it an advantage in accessing key shipping channels across the globe.
StealthGas operates a fleet of over 50 vessels, encompassing various sizes from small LPG carriers to larger, fully-pressurised LPG carriers. The company takes pride in its fleet being one of the youngest and most modern in the industry. The ships are designed and maintained to meet high operational and safety standards, optimizing their efficiency and reliability.
Many of StealthGas' vessels are chartered on a time-charter basis, providing the company a stable and predictable cash flow. This strategy enables the company to maintain sustainable operations over market cycles.
The company's LPG transportation services serve a broad range of industries, including residential heating, aerosol propellants, and the production of plastics and synthetic rubbers. Today, StealthGas Inc. is integral to the global LPG market, connecting the supply from producers in the Middle East, the U.S., and Europe to the consuming markets in Asia, Europe, and the Americas.
StealthGas Inc. is committed to operate its business in a responsible and sustainable manner with a focus on safety. It follows international best practice standards for its operations, staff training, and vessel maintenance. The company also emphasizes its commitment towards reducing emissions and preserving marine biodiversity, playing its part in mitigating the impact of shipping activities on the environment.
While global in its operations, StealthGas remains a publicly-traded company, listed on the NASDAQ Global Select Market under the symbol 'GASS'. The company's operation and growth strategy coupled with its solid fleet foundation forms an integral part of delivering consistent shareholder value.
StealthGas Inc. continues to be a key player in the LPG shipping industry with the vision of maintaining its dominant position and enhancing its services for a globally connected and energy-efficient future.
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StealthGas reported a successful Q1 2026 with revenues of $42.8 million and adjusted net income of $15 million, driven by strong market conditions and strategic positioning. The company achieved zero bank debt, a flexible capital structure, and plans for fleet renewal, accumulating $131.2 million in cash. Geopolitical tensions in the Middle East significantly impacted the global LPG market, shifting trade routes and increasing reliance on US exports, which StealthGas is navigating by focusing on longer-period charters and positioning its fleet in strategic regions.
Michael Jolliffe, the Independent Chairman of StealthGas Inc. (NASDAQ:GASS), recently sold US$347k worth of shares at an average price of US$9.25, representing a 41% reduction in his holding. This was the largest insider sale in the past year for StealthGas, suggesting an insider was willing to take cash off the table even below the current stock price of US$9.68. While insiders own 13% of the company, this recent sale raises questions about the perceived value of the stock.
Director Michael Jolliffe sold 37,500 shares of StealthGas Inc (GASS) on September 15, 2026, reducing his holdings to 54,500 shares. This was the only insider sell for the company in the past year, occurring when the stock was trading at $9.25, and GuruFocus assessed the stock as "Significantly Overvalued" with a GF Value of $6.88. Two gurus holding GASS have also been trimming their positions, suggesting a trend of reduced exposure among informed investors.
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StealthGas Director Michael Jolliffe sold a total of 37,500 shares of common stock on September 14 and 15, 2026, for approximately $9.21 to $9.31 per share. These transactions left him with 54,500 directly owned shares. The filing also corrected a previous understatement of his holdings by 25,000 shares.
Stealthgas Inc. (NASDAQ: GASS) is currently exhibiting a neutral near and mid-term outlook with a long-term positive bias, according to AI models from Stock Traders Daily. The analysis highlights a mid-channel oscillation pattern and an exceptional 34.3:1 risk-reward setup targeting an 11.7% gain against a 0.3% risk. Institutional trading strategies are provided, including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis.
StealthGas Inc. (NASDAQ: GASS) reported a net income of $17.3 million for Q2 2026, translating to $0.46 EPS. This marks an 8.8% increase from the previous quarter but a decrease from Q2 2025. The company's revenue for the quarter was $42.9 million, and approximately 60% of its remaining 2026 fleet days are secured under period charters.
StealthGas reported strong Q2 2026 earnings with a net income of $17.3 million and EPS of $0.46, despite lower revenue due to a reduced fleet. The company achieved a debt-free balance sheet with over $250 million in liquidity, primarily from an insurance settlement and asset sales, and plans to use this capital for fleet renewal while continuing to divest older vessels. Geopolitical disruptions in the Middle East have increased ton-miles and supported shipping rates, particularly for larger vessels, but also led to decreased LPG imports in India and China, creating market uncertainties.