Close
❮
❯
Enverus Home
docFinder
M&A
Learn More
Videos
About Us
Contact Us
Register
Log In
Username (email)
Password
Remember Me
Forgot Password?
or
Sign Up Now!
New Search*
Back to Results
Note: Only one slide is currently available because you are not currently logged in.
Full Document
Key Slides
Ardmore Shipping Corporation
|
2015 Investor Day Presentation
| Anthony Gurnee | Page 67 of 11 |
November 23, 2024
Save
Email
Print
View in Results
toolButton
prevButton
nextButton
prevKeyButton
nextKeyButton
prevKeyButton
nextKeyButton
byDateAscButton
byDateDescButton
byCompanyNameAscButton
byCompanyNameDescButton
hidden
hidden
Document:
"2015 Investor Day Presentation"
View Full Document
×
Search Selection
Search by Text
Search
Search by Slide
Search
Cross reference your docFinder results against PLS' extensive news archives.
For demo or training contact Melwyn Oommen,
melwyn.oommen@drillinginfo.com
Slides may show historical information no longer relevant. All slides to be viewed in context of the entire presentation and time. See
Legal Disclaimer
.
Next 200
First
Previous
Zoom
Next
Last
Modern Fleet of Eco-design and Eco-mod built at high quality Korean and Japanese shipyards with upgrades to improve fuel efficiency and commerical capability 67 Why Invest In Ardmore? ? Fundamentals continue to drive underlying demand growth on a long-term basis ? New oil market is creating sustained price volatility, increased volumes and port congestion, adding a new layer of demand for MR tankers ? Our newbuilding program is nearing completion: 18 vessels in operation generating cash-flow, with remaining vessels to be delivered by end of 2015, and resulting in 70% increase in revenue days this year ? Current earnings at an annualized equivalent of $1.47 / share on a fully delivered basis ? Significant earnings upside to improving charter rates: Every $1,000 increase in charter rates adds 34 cents(2) in earnings and cash-flow ? Fully funded with conservative balance sheet leverage and transparent structure ? Focused on building shareholder value and returning capital: dividend yield of 3.2%(3) 1. Average age at December 31, 2015 2. Realized across a fully delivered fleet of 24 ships 3. Based on closing share price on May 15, 2015 of $12.53