Avance Gas Holding Ltd. (AVACF)
OTC PINK OTC PINK Primary Summary
Avance Gas Holding Limited (AVACF) Q4 2024 Earnings Call Transcript
Avance Gas Holding Limited (OTCPK:AVACF) Q4 2024 Earnings Conference Call February 12, 2025 8:00 AM ET Company Participants Oystein Kalleklev - CEO Randi Navdal Bekkelund - CFO Raymond McLanahan - Chief Credit Officer Operator Good day, and thank you for standing by. Welcome to the Avance Gas Holding Limited Fourth Quarter 2024 Earnings Conference Call.
Avance Gas Holding Ltd (AVACF) Q3 2024 Earnings Call Transcript
Avance Gas Holding Ltd (OTCPK:AVACF) Q3 2024 Results Conference Call November 27, 2024 8:00 AM ET Company Participants Oystein Kalleklev - Chief Executive Officer Randi Bekkelund - Chief Financial Officer Conference Call Participants Clement Mullens - Value Investor Edge Operator Good day, and thank you for standing by. Welcome to Avance Gas Third Quarter 2024 Earnings Conference Call and Webcast.
Buy These 4 International Stocks for $1,500 Dividends On A $5,200 Investment
24/7 Wall Street Insights American Depositary Receipts (ADR) are official US certificates representing shares in foreign companies that can trade as stocks in the US on American stock exchanges.
Avance Gas Holding Ltd. (AVACF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Avance Gas Holding Ltd. ever had a stock split?
Avance Gas Holding Ltd. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Oystein Kalleklev CEO | OTC PINK Exchange | G06723103 CUSIP |
| BM Country | 8 Employees | 25 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Avance Gas Holding Ltd plays a pivotal role in the global energy market by specializing in the transportation of liquefied petroleum gas (LPG). With a strong operational base that stretches from the Middle East Gulf and the United States Gulf/East Coast across vast distances to Europe, South America, India, and Asia, Avance Gas ensures the efficient and safe delivery of LPG - a crucial energy source. Established in 2007 and headquartered in Hamilton, Bermuda, Avance Gas operates under the umbrella of Hemen Holding Ltd, indicating a robust backing and strategic alignment with significant industry players. By the end of 2023, the company has markedly expanded its operational capacity, showcasing a fleet that includes fourteen very large gas carriers alongside six dual-fuel LPG newbuildings, underlining its commitment to sustainability and efficiency in LPG transportation.
Products and Services
- Liquefied Petroleum Gas (LPG) Transportation
At the core of Avance Gas Holding Ltd’s business is the transportation of LPG, a critical fuel used worldwide for heating, cooking, and automotive fuel, among other applications. The company utilizes a state-of-the-art fleet consisting of very large gas carriers equipped with the latest technology to ensure the safe, efficient, and environmentally responsible shipment of LPG. This service spans several key global routes, covering the transportation of LPG from major production regions in the Middle East Gulf and the US Gulf/East Coast to consumer markets across Europe, South America, India, and Asia.
- Dual-Fuel LPG Newbuildings
Furthering its commitment to innovation and environmental stewardship, Avance Gas Holding Ltd is investing in dual-fuel LPG newbuildings. These vessels are designed to operate using both traditional fuel and LPG, significantly reducing the carbon footprint associated with maritime transport. This initiative not only aligns with global environmental regulations but also positions Avance Gas at the forefront of sustainable maritime logistics, demonstrating its role as a forward-thinking leader in the LPG transportation sector.
