Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $21.00 USD
Change Today -0.07 / -0.33%
Volume 333.5K
GLOG On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

gaslog ltd (GLOG) Snapshot

Open
$20.94
Previous Close
$21.07
Day High
$21.16
Day Low
$20.76
52 Week High
06/27/14 - $32.44
52 Week Low
12/1/14 - $15.40
Market Cap
1.7B
Average Volume 10 Days
472.8K
EPS TTM
$0.63
Shares Outstanding
80.5M
EX-Date
05/14/15
P/E TM
33.2x
Dividend
$0.56
Dividend Yield
2.57%
Current Stock Chart for GASLOG LTD (GLOG)

Related News

No related news articles were found.

gaslog ltd (GLOG) Related Businessweek News

No Related Businessweek News Found

gaslog ltd (GLOG) Details

GasLog Ltd., together with its subsidiaries, owns, operates, and manages vessels in the liquefied natural gas (LNG) market worldwide. It provides maritime services for the transportation of LNG; and LNG vessel management services. As of February 27, 2015, the company operated 20 LNG carriers. It also had 6 LNG carriers operating under its technical management for third parties. The company was incorporated in 2003 and is based in Monaco.

137 Employees
Last Reported Date: 03/26/15
Founded in 2003

gaslog ltd (GLOG) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

gaslog ltd (GLOG) Key Developments

GasLog Ltd. Declares Quarterly Cash Dividend, Payable on May 21, 2015

On May 5, 2015, the board of directors of GasLog Ltd. declared a quarterly cash dividend of $0.14 per common share payable on May 21, 2015 to shareholders of record as of May 18, 2015.

GasLog Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Revenue Guidance for the Second Quarter to the End of 2015

GasLog Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, revenues were $97,326,000 against $57,071,000 a year ago. Profit from operations was $38,849,000 against $22,673,000 a year ago. Profit for the period attributable to owners of the Group was $4,342,000 against $6,349,000 a year ago. Earnings per share - basic and diluted were $0.05 against $0.09 a year ago. Net cash provided by operating activities was $37,258,000 against $16,048,000 a year ago. Net cash provided by operating activities was $37,258,000 against $16,048,000 a year ago. EBITDA was $34,260,000 against $61,991,000 a year ago. Adjusted EBITDA was $34,334,000 against $63,579,000 a year ago. Adjusted profit was $9,603,000 against $20,222,000 a year ago. Adjusted EPS was $0.13 against $0.13 a year ago. Payments for tangible fixed assets and vessels under construction were $500,537,000 against $10,433,000 a year ago. The company expects the full year contracted revenue for the second quarter to the end of the 2015 will be around $305 million, and this includes a contribution of the newly acquired BG ships from the 31st of March.

GasLog and GasLog Partners Announce the Time Charter of up to 9 Newbuildings to BG Group plc

GasLog Ltd. and GasLog Partners LP announced that GasLog has agreed to charter to Methane Services Ltd., a subsidiary of BG Group plc (“BG”), three of GasLog’s uncontracted newbuilds that are currently under construction. MSL also has an option to elect to charter an additional six newbuilds provided it makes that election within 2015. The highlights of this transaction are as follows: MSL will charter three newbuildings commencing mid-2018 and early 2019 for average initial terms of approximately 9.5 years at attractive rates; These charters will add approximately $845 million of fixed rate revenue to GasLog’s existing contracted revenue backlog; MSL has an option exercisable within 2015 to charter an additional six newbuildings for average initial terms of approximately 10 years; The six option vessels would add approximately $1.8 billion of fixed rate contracted revenue(1) should MSL exercise its option; The three firm ships to be chartered by MSL will be modern 174,000 cubic meter LNG carriers with low-pressure, two-stroke propulsion technology. Two of the vessels will be delivered from Hyundai Heavy Industries. One vessel will be delivered from Samsung Heavy Industries. Together with MSL’s entry into the 9.5 year average charters on the three GasLog newbuild vessels, and as part of MSL’s overall portfolio management, the three existing charters on the GasLog Shanghai, GasLog Santiago and GasLog Sydney (all owned by GasLog Partners) will be adjusted. MSL will lengthen two of the existing charters by approximately 4 months and shorten one charter by 8 months. MSL retains the existing extension options of two consecutive periods of three or four years on all three vessels. MSL also has an option to elect to charter an additional six newbuilds from GasLog, with average initial terms of ten years at rates consistent with the three firm charters, provided it makes that election within 2015. If MSL makes that election, MSL would take earlier delivery of the three firm newbuilds described above immediately upon their delivery from the shipyards in 2017. If MSL exercises the options, the three charters of the GasLog Shanghai, GasLog Santiago and GasLog Sydney would be further adjusted by a potential shortening of a maximum 31 months in total, with the aim of redelivering these ships to coincide with the newbuild deliveries in 2017. This would be at a time when management believes there will be a tightening of the supply-demand balance for LNG carriers, as currently indicated by new vessel orders and prospective LNG projects. This option is currently exercisable only within 2015 and the parties are discussing a possible extension of such option beyond the end of 2015. If MSL does not exercise the extension options referenced above on the GasLog Shanghai, GasLog Santiago and GasLog Sydney and GasLog Partners does not enter into a third-party charter on such vessels, GasLog and GasLog Partners intend to enter into a bareboat arrangement that is designed to guarantee the total cash distribution from each vessel. However, if they are unable to agree on such bareboat arrangement, GasLog will enter into a time charter with GasLog Partners on equivalent terms to the existing MSL time charters for any period of shortening.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GLOG:US $21.00 USD -0.07

GLOG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dynagas LNG Partners LP $20.01 USD +0.25
Exmar NV €9.64 EUR -0.08
GasLog Partners LP $26.49 USD +0.18
Golar LNG Partners LP $28.43 USD -0.23
Teekay LNG Partners LP $35.80 USD +0.32
View Industry Companies
 

Industry Analysis

GLOG

Industry Average

Valuation GLOG Industry Range
Price/Earnings 42.2x
Price/Sales 4.6x
Price/Book 1.8x
Price/Cash Flow 13.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GASLOG LTD, please visit www.gaslogltd.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.