Quarterly ResultJul 24, 2026, 06:07 AM
GasLog Partners Q2 2026 Profit $44.4M; Revenue $89.5M
AI Summary
GasLog Partners LP reported a profit of $44.4 million for the second quarter of 2026, a substantial improvement from a $17.9 million loss in the same period last year. Revenues increased by $19.3 million to $89.5 million, primarily due to higher average charter rates. The company also completed the sale of the Methane Rita Andrea vessel for $34.1 million and declared quarterly cash distributions for both common and preference units.
Key Highlights
- Q2 2026 profit was $44.4 million, a significant increase from a $17.9 million loss in Q2 2025.
- Q2 2026 revenues increased by $19.3 million to $89.5 million, up from $70.2 million in Q2 2025.
- Sold the Methane Rita Andrea vessel for approximately $34.1 million in April 2026, recognizing an $8.2 million impairment loss.
- Declared a quarterly cash distribution of $1.18 per common unit to GasLog.
- Declared distributions for Series A, B, and C Preference Units, payable September 15, 2026.
- The increase in profit was mainly due to a $34.1 million decrease in impairment loss and $19.3 million higher revenues.
Price Impact
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