Ardmore Shipping

Ardmore Shipping Corp. engages in the provision of seaborne transportation of petroleum products and chemicals worldwide. It also owns and operates a fleet of tankers. The company was founded by Anthony Gurnee on April 15, 2010 and is headquartered in Pembroke, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Ardmore Shipping excels in record earnings amidst environmental challenges

Ardmore Shipping's strong financial performance, focus on balance sheet strength, and strategic growth initiatives position it well in volatile markets. The company faces challenges with environmental regulations but sees opportunities in energy transition investments and strategic growth decisions.

Ardmore Shipping reports robust Q1 earnings and optimistic market outlook

Ardmore Shipping delivered strong Q1 earnings driven by solid TCE rates and market performance. The company's prudent capital allocation strategy and focus on sustainability position it well for future growth. Despite market challenges and uncertainties, Ardmore's strong financial position and positive market outlook offer opportunities for continued success.

Ardmore Shipping (ASC) posts strong Q2 earnings amidst positive market outlook

Ardmore Shipping (ASC) delivered robust financial results in Q2 2023, showcasing operational excellence and strategic capital allocation. Despite market challenges, the company remains well-positioned to leverage industry dynamics and capitalize on growth opportunities. Investors can expect continued focus on fleet optimization, deleveraging, and maximizing shareholder returns.

Ardmore Shipping reports strong Q3 earnings, eyes growth opportunities

Ardmore Shipping's Q3 performance reflects a resilient business model in the tanker market, poised for growth amidst favorable market conditions. The company's strategic focus on energy efficiency and capital allocation priorities position it well for future opportunities and challenges.

Ardmore Shipping reports robust Q1 earnings amidst positive market outlook

Ardmore Shipping's Q1 2024 performance reflects strong earnings driven by fleet performance and market dynamics, with a positive outlook for the industry.
The company's strategic focus on efficiency upgrades, capital allocation, and market opportunities positions it well for future growth and resilience.
While facing challenges in fleet management and capital decisions, Ardmore Shipping remains proactive in addressing industry trends and enhancing shareholder value.

Ardmore Shipping posts strong Q2 earnings amidst leadership transition

Ardmore Shipping's Q2 performance reflects strong earnings and a positive market outlook supported by robust industry fundamentals.
The company's focus on continuity in strategy, fleet modernization, and technology integration underscores a commitment to long-term growth.
While facing challenges such as leadership transition and market uncertainties, Ardmore Shipping is well-positioned to leverage opportunities for growth and operational enhancement.

Ardmore Shipping excels in Q3 earnings, eyes growth opportunities

Ardmore Shipping's Q3 performance reflects strong earnings, positive market outlook, and strategic capital allocation policies.
While facing challenges in cost management and market uncertainties, the company aims to leverage opportunities for growth and value creation.
By focusing on fleet investments, dividends, and debt reduction, Ardmore Shipping aims to deliver shareholder value amidst evolving market dynamics.

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Ardmore Shipping Corp. provides seaborne transportation of petroleum products and chemicals. It engages in the provision of seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with modern, fuel-efficient fleet of mid-size products and chemical tankers. The firm also owns and operates a fleet of tankers. The company was founded by Anthony Gurnee on April 15, 2010 and is headquartered in Pembroke, Bermuda.

Ardmore Shipping Corp (ASC) CEO Anthony Gurnee on Q4 2021 Results - Earnings Call Transcript

Ardmore Shipping (ASC) delivered earnings and revenue surprises of 0% and 5.69%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ardmore Shipping (ASC) Reports Q4 Loss, Lags Revenue Estimates

HAMILTON, Bermuda, Feb. 15, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2021. Highlights and Recent Activity Reported a net loss of $8.6 million for the three months ended December 31, 2021, or $0.25 loss per basic and diluted share.

Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2021

HAMILTON, Bermuda, Feb. 8, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its fourth quarter and full year 2021 earnings before the market opens Tuesday, February 15, 2022 and will host a conference call later in the day at 10:00 a.m. Eastern Time.

Ardmore Shipping Announces Fourth Quarter 2021 Conference Call and Webcast

Ardmore Shipping (ASC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ardmore Shipping (ASC) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

Ardmore Shipping Corp (ASC) CEO Anthony Gurnee on Q3 2021 Results - Earnings Call Transcript

Ardmore Shipping (ASC) delivered earnings and revenue surprises of -8.82% and -7.29%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Ardmore Shipping (ASC) Reports Q3 Loss, Misses Revenue Estimates

HAMILTON, Bermuda, Nov. 10, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2021. Highlights and Recent Activity Reported a net loss of $12.8 million for the three months ended September 30, 2021, or $0.37 loss per basic and diluted share.

Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2021

HAMILTON, Bermuda, Nov. 1, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 10, 2021 and will host a conference call later in the day at 10:00 a.m. Eastern Time.

Ardmore Shipping Announces Third Quarter 2021 Conference Call and Webcast

HAMILTON, Bermuda, Aug. 20, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company has completed its annual review of its securities filings. As a part of this process, the Company has filed with the Securities and Exchange Commission ("SEC") a shelf registration statement on Form F-3 (the "Registration Statement") registering $400 million of primary securities, as well as the shares issued to Element 1 Corp. as part of the recent investment by Ardmore, and a prospectus supplement for an at-the-market ("ATM") program and has entered into an open market sale agreement pursuant to which the Company may offer and sell common shares of up to an aggregate sales amount of $50 million, which will replace the Company's existing shelf registration statement filed in August 2018 (File Number: 333-227129) and the Company's existing ATM program, respectively, which expire on October 5, 2021.

Ardmore Shipping Completes Annual Review of Securities Filings

Ardmore Shipping Corporation (ASC) CEO Anthony Gurnee on Q2 2021 Results - Earnings Call Transcript

Ardmore Shipping (ASC) delivered earnings and revenue surprises of 8.00% and 0.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Ardmore Shipping (ASC) Reports Q2 Loss, Tops Revenue Estimates

Shares of Ardmore Shipping (NYSE:ASC) rose 1.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 156.10% year over year to ($0.23), which beat the estimate of ($0.27).

Recap: Ardmore Shipping Q2 Earnings

HAMILTON, Bermuda, July 27, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2021. Highlights and Recent Activity Reported a net loss of $8.1 million for the three months ended June 30, 2021, or $0.24 loss per basic and diluted share, which includes deferred finance fees written off and unrealized losses on derivatives; losses adjusted for these items (see Adjusted (loss) / earnings in the Non-GAAP Measures section) are $7.6 million, or $0.23 Adjusted loss per basic and diluted share.

Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2021

Ardmore Shipping (NYSE:ASC) unveils its next round of earnings this Tuesday, July 27. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings Outlook For Ardmore Shipping

HAMILTON, Bermuda, July 20, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings before the market opens on Tuesday, July 27, 2021 and will host a conference call later in the day at 10:00 a.m. Eastern Time.

Ardmore Shipping Announces Second Quarter 2021 Conference Call and Webcast

HAMILTON, Bermuda, June 28, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company's Chief Financial Officer, Paul Tivnan, is scheduled to present at Maxim Group's Future of Shipping Virtual Conference as part of the Tanker Industry Update: Future Vessel Supply and Industry Trends panel on Tuesday, June 29, 2021 at 10:30 am ET. A live webcast of the presentation will be available by registering on the conference website, https://m-vest.com/events/future-of-shipping.

Ardmore Shipping to Present at Maxim Group's Future of Shipping Virtual Conference

HAMILTON, Bermuda, June 4, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that it has entered into definitive agreements for the previously announced strategic investment into Element 1 Corp.'s unique methanol-to-hydrogen technology, including the establishment of the e1 Marine joint venture and Ardmore's purchase of an approximately 10% equity stake in Element 1 Corp. In a related transaction, Ardmore also entered into a definitive agreement for Maritime Partners, LLC to invest at least $25 million and up to $40 million in the Company's newly created Series A 8.5% Cumulative Redeemable Perpetual Preferred Shares.  Ardmore also announced that e1 Marine has hired Mr.

Ardmore Shipping Announces Definitive Agreements on Strategic Investment in Element 1 Corp., Establishment of e1 Marine Joint Venture, and Preferred Stock Financing

Ardmore Shipping Corporation (ASC) CEO Anthony Gurnee on Q1 2021 Results - Earnings Call Transcript

HAMILTON, Bermuda, May 5, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2021. Highlights and Recent Activity Reported a net loss of $8.5 million for the three months ended March 31, 2021, or $0.26 loss per basic and diluted share, which includes unrealized gains on derivatives; losses adjusted for these gains (see Adjusted (loss) / earnings in the Non-GAAP Measures section) are $8.6 million, or $0.26 Adjusted loss per basic and diluted share.

Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2021

HAMILTON, Bermuda, April 28, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens on Wednesday, May 5, 2021 and will host a conference call later in the day at 10:30 a.m. Eastern Time.

Ardmore Shipping Announces First Quarter 2021 Conference Call and Webcast

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HAMILTON, Bermuda, March 15, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore," "ASC," or the "Company") today announced that it has signed a Letter of Intent ("LOI") with Element 1 Corp. ("E1") and Maritime Partners, LLC ("MP") whereby the parties propose to establish a joint venture for the purpose of delivering E1's unique methanol-to-hydrogen technology to the marine sector, as well as make certain other investments as described herein. Element 1 Corp., headquartered in Bend, Oregon, is a leading developer of advanced hydrogen generation systems used to power fuel cells with broad use in mobile applications and remote locations such as marine, trucking, automotive, off-road vehicles, rail, warehousing, and backup power supply sectors.

Ardmore Shipping Announces Strategic Investment and Joint Venture with Element 1 Corp. and Maritime Partners LLC to Deliver Hydrogen Power to the Marine Sector

HAMILTON, Bermuda, March 5, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2020 (the "Form 20-F") with the U.S. Securities and Exchange Commission...

Ardmore Shipping Files 2020 Annual Report on Form 20-F

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