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Avance Gas Holding Ltd (AVANCE.OL)

AVANCE.OL on Oslo Stock Exchange

14.89NOK
12:14pm GMT
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Volume
92,620
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356,552
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kr24.26
52-wk Low
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Latest Key Developments (Source: Significant Developments)

Avance Gas Holding Q4 Net Loss $2.8 Million, Wider Than Expected
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Avance Gas Holding Ltd ::Q4 TCE EARNINGS $26.8 MILLION (REUTERS POLL: $26.1 MILLION).Q4 NET LOSS $2.8 MILLION (REUTERS POLL: LOSS OF $1.93 MILLION).EXPECTS TO HAVE AGREEMENT IN PLACE FOR THE REFINANCING FINALIZED DURING Q2 2019.MIDDLE EAST VOLUMES ARE EXPECTED TO REMAIN AT LOWER LEVELS DURING 2019 COMPARED TO LAST YEAR.US CONTINUES TO BE THE DRIVER FOR VLGC FREIGHT.EXPECTS ENTERPRISE TO INCREASE ITS EXPORT CAPACITY BY MID-2019.EXPECTS FREIGHT MARKET TO DEVELOP POSITIVELY, WHILE CONTINUING TO CAREFULLY MANAGE COSTS AND PRESERVING LIQUIDITY POSITION.  Full Article

Billionaire Fredriksen further raises Avance Gas stake
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Avance Gas Holding Ltd ::HEMEN HOLDING LIMITED, WHICH IS INDIRECTLY CONTROLLED BY TRUSTS ESTABLISHED BY MR. JOHN FREDRIKSEN FOR BENEFIT OF HIS IMMEDIATE FAMILY, HAS ON 19 DECEMBER 2018 ACQUIRED 670,317 SHARES IN AVANCE GAS HOLDING.FOLLOWING ACQUISITION, HEMEN HOLDS 12,580,568 SHARES IN AVANCE, EQUALLING 19.50% OF SHARES AND VOTES IN AVANCE.IN ADDITION, FRONTLINE LTD, A COMPANY IN WHICH HEMEN HOLDS APPROXIMATELY 48.4% OF SHARES, OWNS A TOTAL OF 442,384 SHARES IN AVANCE, RESULTING IN AN AGGREGATE HOLDING OF 13,022,952 SHARES EQUALLING 20.18%.  Full Article

Avance Gas Holding Q2 Net Loss At $19.3 Million
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Avance Gas Holding Ltd ::REG-AVANCE GAS HOLDING LTD- REPORTS UNAUDITED RESULTS FOR THE SECOND QUARTER AND FIRST HALF OF 2018.Q2 2018 WAS IMPACTED BY WEAKER US LPG EXPORTS AND DELIVERIES OF NEW TONNAGE TO GLOBAL FLEET.NET LOSS OF $19.3 MILLION IN Q2 2018, COMPARED WITH A NET LOSS OF $12.3 MILLION IN Q1 2018.TCE EARNINGS FOR Q2 2018 WERE $9.3 MILLION, DOWN FROM $14.5 MILLION IN Q1 2018..  Full Article

Avance Gas Holding Q3 net loss $17.8‍​ mln, in line with expectations
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - AVANCE GAS HOLDING LTD :Q3 EBITDA LOSS $1.3‍​ MILLION (REUTERS POLL LOSS $2.4 MILLION).Q3 TCE EARNINGS $ ‍9.7​ MILLION (REUTERS POLL $8.6 MILLION).Q3 NET LOSS $ 17.8‍​ MILLION (REUTERS POLL LOSS $17.7 MILLION).  Full Article