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Navigator Gas 1Q results shows record numbers including adjusted EBITDA of $69 million

Navigator Gas 1Q results shows record numbers including adjusted EBITDA of $69 million

Navigator Gas LLC CEO Mads Peter Zacho joined Steve Darling from Proactive to share news the company has released its record setting Q1 financial numbers that has showed operating revenues of $136 million. It also posted $69 million in adjusted underlying earnings (EBITDA), a record for the company.

Zacho telling Proactive more about the numbers and where he sees the positives the company can build on.

He also discussed the recent improvements the company has made including working on the balance sheet with debt financing, a new share repurchase program, and fleet renewal. The company has also provided and update on construction for the expansion of its ethylene export terminal.

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