Edition:
United States

GasLog Ltd (GLOG.N)

GLOG.N on New York Stock Exchange

17.30USD
23 Apr 2018
Change (% chg)

$-1.25 (-6.74%)
Prev Close
$18.55
Open
$17.85
Day's High
$18.00
Day's Low
$17.20
Volume
102,737
Avg. Vol
74,241
52-wk High
$22.50
52-wk Low
$12.80

Latest Key Developments (Source: Significant Developments)

GasLog Partners Announces To Buy GasLog Gibraltar For $207 Mln and Repayment of Intercompany Loan
Wednesday, 21 Mar 2018 07:00am EDT 

March 21 (Reuters) - Gaslog Ltd ::GASLOG PARTNERS LP ANNOUNCES ACQUISITION OF GASLOG GIBRALTAR FOR $207 MILLION AND REPAYMENT OF INTERCOMPANY LOAN.GASLOG - ‍PARTNERSHIP BELIEVES ACQUISITION WILL BE IMMEDIATELY ACCRETIVE TO DISTRIBUTABLE CASH FLOW PER UNIT​.  Full Article

Gaslog reports quarterly earnings per share $0.03
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Gaslog Ltd :Gaslog Ltd. reports financial results for the quarter ended September 30, 2017.Quarterly revenue $131.2 million versus $120.7 million.Quarterly adjusted non-GAAP earnings per share $0.00.Quarterly earnings per share $0.03.Q3 earnings per share view $0.00, revenue view $132.6 million -- Thomson Reuters I/B/E/S.  Full Article

Gaslog Partners LP announces closing of solaris acquisition from Gaslog Ltd.
Friday, 20 Oct 2017 07:00am EDT 

Oct 20 (Reuters) - Gaslog Partners LP :Gaslog partners LP announces closing of solaris acquisition from Gaslog Ltd..  Full Article

Gaslog Partners LP announces acquisition of Solaris from Gaslog Ltd for $185.9 million
Friday, 15 Sep 2017 06:56am EDT 

Sept 15 (Reuters) - Gaslog Partners LP ::Gaslog Partners LP - Gaslog Partners LP announces acquisition of Solaris from Gaslog Ltd for $185.9 million.Gaslog Partners LP says the aggregate purchase price for the acquisition will be $185.9 million .Gaslog Partners LP - partnership believes that the acquisition will be immediately accretive to distributable cash flow per unit‍​.Gaslog Partners LP - expects to finance the acquisition with cash on hand and the assumption of $117 million of Solaris' existing debt.Gaslog Partners LP-Co, Gaslog Ltd approved entering agreement for partnership to purchase from gaslog 100pct of shares in entity that owns solaris‍​.Gaslog Partners LP - Gaslog partners estimates that Solaris will add approximately $20 million to ebitda in the first 12 months after closing‍​.Gaslog Partners LP - acquisition will expand fleet to 12 wholly owned lng carriers, increase contracted days to about 90pct for 2018 and 72pct for 2019.  Full Article

GasLog qtrly loss/share $0.12‍​
Thursday, 3 Aug 2017 10:29am EDT 

Aug 3 (Reuters) - GasLog Ltd ::GasLog Ltd qtrly loss per share $0.12‍​.Says qtrly revenues $114.5 million versus $129.9 million.Qtrly adjusted loss per share $0.03‍​.Q2 earnings per share view $0.00, revenue view $128.1 million -- Thomson Reuters I/B/E/S.Says contracted charter revenues estimated to increase to $486.8 million for fiscal year 2019 from $444.5 million for fiscal year 2016.Says with increased dropdown activity, improving spot rates, growing fleet, amortising debt, expect leverage to continue to fall through 2017, beyond‍​.  Full Article

GasLog Partners announces acquisition of Gaslog Geneva from Gaslog Ltd
Thursday, 1 Jun 2017 06:51am EDT 

June 1 (Reuters) - GasLog Partners LP :GasLog Partners LP announces acquisition of GasLog geneva from Gaslog Ltd for $211 million.GasLog Partners LP - Gaslog Partners expects to finance acquisition with cash on hand​.GasLog Partners LP says expects to finance acquisition with cash on hand, including proceeds from its recent preference unit offering.GasLog Partners LP - deal to support gaslog partners' guidance to grow unitholder distributions at a 10% to 15% compound annual rate from IPO through 2017​.GasLog Partners LP - partnership intends to recommend an annualized distribution of greater than $2.09 per unit by q4 of 2017.GasLog Partners LP - ‍partnership believes that acquisition will be immediately accretive to unitholder distributions.GasLog Partners LP - board of Gaslog, Gaslog Partners and conflicts committee of board have approved acquisition.GasLog Partners LP - ‍gaslog Partners estimates that Gaslog Geneva will add approximately $23 million to EBITDA in first 12 months after deal closing.​.GasLog Partners LP -based on partnership's distribution growth guidance, Gaslog's annualized distributions received from co are expected to equal about $26 million by q4.  Full Article

GasLog Q1 earnings per share $0.08
Friday, 5 May 2017 07:01am EDT 

May 5 (Reuters) - GasLog Ltd :GasLog ltd. Reports financial results for the quarter ended march 31, 2017.Quarterly revenue $128.3 million versus $104.4 million.Quarterly adjusted earnings per share $0.06.Quarterly earnings per share $0.08.Q1 earnings per share view $0.05, revenue view $129.0 million -- Thomson Reuters I/B/E/S.  Full Article

GasLog Partners LP announces acquisition of GasLog Greece from GasLog Ltd for $219 million
Thursday, 23 Mar 2017 04:05pm EDT 

GasLog Partners LP : GasLog Partners LP announces acquisition of GasLog Greece from GasLog Ltd. for $219 million . GasLog Partners LP - Expects to finance acquisition with cash on hand, including proceeds from its recent equity offering . GasLog Partners LP - Acquisition will be supportive of GasLog Partners' guidance to grow unitholder distributions at a 10% to 15% compound annual rate . GasLog Partners - Partnership affirms this growth guidance, which would result in an annualized distribution of $2.09 per unit or higher by Q4 of 2017 . GasLog Partners LP - Partnership believes acquisition will be immediately accretive to unitholder distributions . GasLog Partners LP - GasLog's annualized distributions received from GasLog Partners are expected to equal about $25 million or higher by Q4 of 2017 . GasLog Partners - Estimates , assuming full utilization, GasLog Greece will add approximately $24 million to EBITDA in first 12 months after deal closing .GasLog Partners-Estimates , assuming full utilization, GasLog Greece will add $13 million to distributable cash flow in first 12 months after deal closing.  Full Article

Gaslog announces public offering of senior notes due 2024
Monday, 13 Mar 2017 08:01am EDT 

Gaslog Ltd : Announces public offering of senior notes due 2024 . Plans to offer $250 million aggregate principal amount of senior unsecured notes due 2024 .Plans to use net proceeds from offering for repayment of debt.  Full Article

Gaslog posts Q4 earnings per share of $0.36
Friday, 17 Feb 2017 09:08am EST 

Gaslog Ltd : Q4 adjusted earnings per share $0.02 (not $0.00) . Gaslog ltd. Reports financial results for the quarter and the year ended december 31, 2016 . Quarterly revenue $126.5 million . Q4 earnings per share $0.36 . Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S .Expect to drop down another vessel into gaslog partners in first half of 2017.  Full Article

BRIEF-GasLog Partners Announces To Buy GasLog Gibraltar For $207 Mln and Repayment of Intercompany Loan

* GASLOG PARTNERS LP ANNOUNCES ACQUISITION OF GASLOG GIBRALTAR FOR $207 MILLION AND REPAYMENT OF INTERCOMPANY LOAN