Stealthgas, Inc. · NASDAQ:GASS
Stealthgas — Q3 2009 Earnings Presentation
19 slides from Stealthgas's earnings presentation, Nov 17, 2009
Slide 1: StealthGas Inc. Third Quarter & Nine Months 2009 Results
StealthGas Inc. Third Quarter & Nine Months 2009 Results November 17, 2009
Slide 2: ! " ! # " ! # " ! # " ! # "
! " ! # " ! # " ! # " ! # " ! # ! $ % & ' $ ! $ % ! $ %
Slide 3: B A B
B ' () *)+,,- ) ./$ +,,0 1 +,,- 2 1. $ 3 +,,- 2 ( ./$ +,11 1 +,1+ * +,,- 4 5(6)7 6+7 8+,,- $ 9,7 8+,1, : $' *)+,,-;6! 0,+ ;0! 1,0 < 1, ) = 1-( > 2 ? ? @: / < A ! " 3 = B ;9! CC9 *)+,,- 4 ;9! 996 *+ # +,,- ;9! 099 *)+,,0 )+7 *)+,,0 $
Slide 4: *1 +,11 @& . $ *(+,,- (( +,,-!(0 +,11 (- +,1+ %
3 *1 +,11 2 @& . $ *(+,,- 2 (( +,,-!(0 +,11 (- +,1+ %
Slide 5: Fleet Employment Profile
Fleet Employment Profile sarmancs visamury |_—__2009_| [LT [Gs 2010 20172 ott Os 201 a 2017 NavigS Faith Navigs Fidelity ‘Chihern ‘Seanh Argenuna Gas Empreror Alpine Endurance Gas Premiership Catrerick Siror Lyne Gas Flawless Gas Zael Gas Monarch Gas Shuriken Gas Tiny Ges Pasha Gas Sincerity Gas ico
Slide 6: * +,,- > () * $++, *)3 ;6+ ! ;+0( !'B= ;1CC *) ;+0
* +,,- > () * $++, *)3 ;6+ ! ;+0( !'B= ;1CC *) 3 ;+0 ;(9 !;,! +, '. ;, )+ D ;, 1) ! E +++ $ ;)C $ 5 4 (6)7 '
Slide 7: * +,,-= . /+++0 ! %*+1 &*+1 *+, $*+, %*+, ) & ;+0! 0-9
* +,,-= . /+++0 ! %*+1 &*+1 *+, $*+, %*+, ) 3 & ;+0! 0-9 ;+0! 1C) ;+-! +,9 ;+6! ,66 ;+0! )0( < = -! C)) 1,! ,+, -! 6+9 F9! C)+ C! 66+ 3 = 9! )C- 6! 6(- ,! + FC! (-1 6! 19- 3 = ! ! C! 0+6 0! ,69 C! 9-, (! +++ +! 6-) G 'B= 1)! 9,C 19! 0C9 0! C+, F1(! C,1 1C! 99C '. , +( , )9 , ,1 F, +- , )+ '. ! ! G ,
Slide 8: G H G
* +,,-< > G & 3 4+1 %*+1 &*+1 *+, $*+, %*+, , +, )0C )06 )-C (, 0 (1C (+- (10 . (, )-, (, , (1 (+ () () 1(! 11) )! 996 )! C(6 )! CC- )! 600 )! -(( 11! (,1 1(! ,10 )! 99, )! C++ )! C9- )! 6C9 )! -10 11! )(+ 4 --)7 --07 --)7 --67 --(7 --)7 --97 1)! )10 )! ))( )! +() )! 190 )! ,++ )! 199 -! ))9 6,, +1C
Slide 9: @ +,,- > ) $++, ;1)0 !3 ;1) ;, / ! ;0(6 !'B= ;)-0
3 @ +,,- > 8 ) $++, 3 3 ;1)0 !3 ;1) ;, 0 / ! ;0(6 !'B= ;)-0 3 3 ;1)C ;19 !;, 9 ;, 0 '. ;, C+ D ;, C1 ! E +++ , C,7 2 I 1
Slide 10: CC9 FF )+! F++!
3 @ +,,-= . /+++0 ! ) 8 ) $++1 8 ) $++, 3 & ;0(! )0- ;0(! CC9 < = FF)+! ,9- F++! 1+- 3 = FF++! +)0 F1)! 0)- 3 = ! ! +)! C1- 1)! C,9 G AD E 'B= FF(9! C1- F)-! 666 '. FF1,, F, C+ '. ! ! 1,C , C1 G AD E 3 ! ++! 1-(! 6(, ++! +++! )), F = ;,!0 FF= ;1! 6 ,
Slide 11: B D B
B *)+,,- *++,,- $ 3 = B $ D ; E *++,,- 5)! 600 *)+,,- 5)! -(( *$ $++, *% $++, ) 9 8 ! ) 9 8 ! < ;+! 96CF ;+! 96CF ;+! ((6F ;+! ((6F @ !/ G 96) 96) 901 901 @ !/ G ! 9+- 9+- 9)0 9)0 @ D A E +(9 +(9 +(9 +(9 = (C0 (C0 9-+ 9-+ & 4 1(9 1(9 9-( 9-( . 1! C9, , +! ,+, , G 4 , 1! C-9 , 1! 0,1 ( '0 -'2 '0 2+$
Slide 12: ' && D ; E % : $:$++, $++, $ H 1! 1)9 $
' && D ; E % : $:$++, $++, 3 $ H 1! 1)9 $ & (! +9, J & J . $ & DA $ B E ;1,C, ( ; < ' ((9 /G @ -, $ )9 @ $ ' 1) ( '1< % (35 ; G +6, 3 = 1),
Slide 13: LPGC Freight Rates
LPGC Freight Rates Average earnings in the spot market excluding waiting time / 1 yr TC rates 800 700 ROT s 600 U a “ —15000 SR TCE 500 A ft a a W g hy, / L i_ 7 fil \., 8000eTH Tee 3 400 ~~ W/ —6500 SR TCE 8 eee eee 300 - 3500SR lyr TC > \T— 200 tT. hoe ~— ——3500PR lyr TC east Il ——“J__ 100 INGE ST
Slide 14: $& H +,,, >A ./ ! = # !) ! $++, = ( #
18 $& H +,,, 0 >A ./ 3 ! = # !) ! $++, = ( 9 # 3 #= 0 > 0? 0 ? @ ( # = 0 @ 0 5 %
Slide 15: $ @ & = D 1+@ $E *)+,,- $ *(+,,- )! +,,$B@ A &
$ @ & = D 1+@ $E *)+,,- $ *(+,,- )! +,,$B@ A & +C9! ,,, +C9! ,,, +9,! ,,, )! 9,,$B@ .A & +10! ,6C ++,! ,,, +1,! ,,, 9! ,,,$B@ .A & +9,! ,,, +9,! ,,, ++9! ,,, C! ,,,$B@ A & ()9! ,,, ()9! ,,, (19! ,,, 19! ,,,$B@ A & 996! C-) 9,,! ,,, (69! ,,, )9! ,,,$B@ 9-,! )09 99,! ,,, 919! ,,, C,! ,,,$B@ 900! (C+ 9
Slide 16: ),,,6--- H $& A ' F ! " #$%%% & '( " #$%%% &
),,,6--- H $& A ' F ! " #$%%% & '( " #$%%% & ( )* + , ( "* + - .( "* + - , • $ 2 • $ 5= '
Slide 17: " # ! ) >A ! B B3<&@ ? < +,,- F= ./$ -
" # ! ) >A ! B 5 B3<&@ ? < +,,- F= ./$ 4 -
Slide 18: "H = F = F
"H #$ >: 8 85 >:85 / = "/ # ;1+0C ,9) C-0 = F " K# ;-66 19- 1,1 = F " &8 # ;C11 11, 6+ 3 F "3 # ;101( 1C( +1+( < 3 ' = F "<3 H# ;D ,1(E D +C(E 9( $ . . FF "$. .# ;C6, 11+ 9+ F 5$ G 4 G$ ! 3 1) !+,,- 38 FF 5! B ! 3 1C !+,,- 38 2
Slide 19: L H M
$ ! = L H M 5 $ < / = M ./@ & ,11),+1,C+9,,,1 @ ' 5 N $ = & = 1