Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
IPO Year: 2013
Exchange: NYSE
Website: ardmoreshipping.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $24.00 → $17.00 | Buy → Hold | Stifel |
| 7/21/2022 | $10.00 | Buy | Jefferies |
| 4/27/2022 | $7.50 | Buy | Jefferies |
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4 - Ardmore Shipping Corp (0001577437) (Issuer)
4 - Ardmore Shipping Corp (0001577437) (Issuer)
4 - Ardmore Shipping Corp (0001577437) (Issuer)
4 - Ardmore Shipping Corp (0001577437) (Issuer)
4 - Ardmore Shipping Corp (0001577437) (Issuer)
4 - Ardmore Shipping Corp (0001577437) (Issuer)
4 - Ardmore Shipping Corp (0001577437) (Issuer)
3 - Ardmore Shipping Corp (0001577437) (Issuer)
3 - Ardmore Shipping Corp (0001577437) (Issuer)
3 - Ardmore Shipping Corp (0001577437) (Issuer)
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HAMILTON, Bermuda, May 7, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2026. Highlights and Recent ActivityReported Adjusted earnings and net income attributable to common stockholders of $23.6 million for the three months ended March 31, 2026, or $0.58 Adjusted earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $5.6 million, or $0.14 Adjusted earnings per basic and diluted share for the three months ended March 31, 2025. (See reconciliation of net income to Adjusted earnings in the Non-GAAP Measures section.)Th
HAMILTON, Bermuda, April 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens on Thursday, May 7, 2026 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details:Thursday, May 7, 2026, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"If you
Signed contracts for the construction of two option two 40,500 dwt IMO2 product/chemical tankersDoubling dividend payout ratio to two-thirds of adjusted earnings, effective 1Q 2026 Agreed sale of one 2014-built MR tanker for $35.5 million with June deliveryMR Spot TCEs of $33,700 per day for 1Q 2026 and fixed $50,000 per day in 2Q 2026 to-date HAMILTON, Bermuda, April 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today provided the following update on capital allocation, vessel sale, and latest TCE guidance. Fleet InvestmentThe Company signed contracts for the construction of two highly-efficient and versatile 40,500 dwt Handysize product/chemi
HAMILTON, Bermuda, March 6, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2025 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC"). In compliance with the New York Stock Exchange rules, a copy of the Form 20-F can be found in the Investor Relations section of the Company's website, www.ardmoreshipping.com, under SEC Filings. About Ardmore Shipping CorporationArdmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 deadweight tonnes. Ardmore provides, through its modern, fuel-efficient
NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Senior executives from leading Dry Bulk, Gas (LNG/LPG), and Tanker shipping companies will present at the "20th Annual Capital Link International Shipping Forum" on Monday, March 9, 2026, at the Metropolitan Club in New York City. The event is organized in cooperation with NASDAQ & NYSE. Mr. Joshua Volz, Special Envoy for Global Energy Integration - U.S. Department of Energy, and Minister Vasilis Kikilias, Minister of Maritime Affairs and Insular Policy – Hellenic Republic will deliver Luncheon Keynote Remarks. Mr. Stephen M. Carmel, Administrator, Maritime Administration (MARAD), U.S. Department of Transportation will provide Keynote Remarks
NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Senior executives from 23 leading shipping companies will participate on panels and presentations at the "20th Annual Capital Link International Shipping Forum" on Monday, March 9, 2026, at the Metropolitan Club in New York City. The event is organized in cooperation with NASDAQ & NYSE. Mr. Joshua Volz, Special Envoy for Global Energy Integration - U.S. Department of Energy, and Minister Vasilis Kikilias, Minister of Maritime Affairs and Insular Policy – Hellenic Republic will deliver Luncheon Keynote Remarks. Mr. Stephen M. Carmel, Administrator, Maritime Administration (MARAD), U.S. Department of Transportation will provide Keynote Remarks
HAMILTON, Bermuda, Feb. 12, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and net income attributable to common stockholders of $9.3 million for the three months ended December 31, 2025, or $0.28 Adjusted earnings per basic and diluted share, compared to Adjusted earnings of $10.3 million and net income attributable to common stockholders of $5.1 million, or $0.25 Adjusted earnings per basic and diluted share for the three months ended December 31, 2024. (See reconciliation of net income
The Company will present an overview of its strategy and capital allocation framework, along with an in-depth update on key developments and the outlook for the product and chemical tanker market. The February 12, 2026 event will also include the Company's presentation of 4Q 2025 financial results. HAMILTON, Bermuda, Jan. 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that it will host its 2026 Investor Day on Thursday, February 12 at 12:00 P.M. Eastern Time in New York City. At the event, Ardmore's senior management team will provide a comprehensive update on product and chemical tanker markets, including supply and demand fund
HAMILTON, Bermuda, Nov. 5, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and net income attributable to common stockholders of $12.1 million for the three months ended September 30, 2025, or $0.31 Adjusted earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $23.3 million, or $0.55 Adjusted earnings per basic and diluted share for the three months ended September 30, 2024. (See reconciliation of net income to Adjusted ear
HAMILTON, Bermuda, Oct. 22, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 5, 2025 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, November 5, 2025, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipp
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Stifel downgraded Ardmore Shipping from Buy to Hold and set a new price target of $17.00 from $24.00 previously
Jefferies initiated coverage of Ardmore Shipping with a rating of Buy and set a new price target of $10.00
Jefferies resumed coverage of Ardmore Shipping with a rating of Buy and set a new price target of $7.50
H.C. Wainwright upgraded Ardmore Shipping from Neutral to Buy and set a new price target of $5.50
H.C. Wainwright initiated coverage of Ardmore Shipping with a rating of Neutral and set a new price target of $5.50
Jefferies reiterated coverage of Ardmore Shipping with a rating of Buy and set a new price target of $5.50 from $6.00 previously
The Goldman Sachs Group resumed coverage of ASOS Plc (ASC.L) with a rating of Buy and set a new price target of $5,800.00
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20-F - Ardmore Shipping Corp (0001577437) (Filer)
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6-K - Ardmore Shipping Corp (0001577437) (Filer)
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6-K - Ardmore Shipping Corp (0001577437) (Filer)
Live Leadership Updates
Gernot Ruppelt to succeed Anthony Gurnee as CEO; Bart Kelleher to be appointed President HAMILTON, Bermuda, July 8, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that Founder and CEO Anthony Gurnee has informed the Board of Directors (the "Board") of his intention to retire from his executive and board positions later this year. Following a comprehensive selection process, the Board of Directors has appointed current executive and Chief Commercial Officer Gernot Ruppelt as the Company's new CEO, and expanded current CFO Bart Kelleher's position to take on the additional role of President, with the leadership transition to take effec
HAMILTON, Bermuda, Jan. 9, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced the appointment of Mr. James Fok to the Company's Board of Directors as a Class III director, and he is expected to serve on the audit and nominating committees. James Fok has more than 20 years of experience as a financial and strategic advisor to corporations and governments, with particular expertise in Asian cross-border capital markets transactions and mechanisms. From 2012 until 2021, he served as a senior executive at Hong Kong Exchanges and Clearing (HKEX), playing a major role in a number of landmark capital markets internationalization initiatives. Pr
HAMILTON, Bermuda, July 27, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced the planned departure of its current Chief Financial Officer ("CFO") Paul Tivnan and appointment of new CFO Bart Kelleher, effective 28 September 2022. Anthony Gurnee, the Company's Chief Executive Officer, commented: "After 12 great years at Ardmore, Paul has decided to leave the company to broaden his experience and pursue further ambitions. Paul has been instrumental to what Ardmore has accomplished, from its start-up in 2010, through its IPO on the NYSE in 2013, to our position as a first-class shipping company today. Most recently he concluded the Elem
ORLANDO, Fla., June 28, 2021 (GLOBE NEWSWIRE) -- Kalera (Euronext Growth Oslo ticker KAL, Bloomberg: KSLLF), one of the fastest-growing and largest vertical farming companies in the world and a leader in plant science for producing high-quality produce in controlled environments, today announced the proposed appointment of Curtis McWilliams to its Board of Directors. In addition, it is expected that McWilliams will chair Kalera's Audit Committee responsible for oversight of the financial reporting and disclosure process. An executive with deep experience in mergers & acquisitions, real estate, corporate governance as well as financial accounting and analysis, McWilliams brings nearly 40 ye
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HAMILTON, Bermuda, May 7, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2026. Highlights and Recent ActivityReported Adjusted earnings and net income attributable to common stockholders of $23.6 million for the three months ended March 31, 2026, or $0.58 Adjusted earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $5.6 million, or $0.14 Adjusted earnings per basic and diluted share for the three months ended March 31, 2025. (See reconciliation of net income to Adjusted earnings in the Non-GAAP Measures section.)Th
HAMILTON, Bermuda, April 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens on Thursday, May 7, 2026 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details:Thursday, May 7, 2026, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"If you
Signed contracts for the construction of two option two 40,500 dwt IMO2 product/chemical tankersDoubling dividend payout ratio to two-thirds of adjusted earnings, effective 1Q 2026 Agreed sale of one 2014-built MR tanker for $35.5 million with June deliveryMR Spot TCEs of $33,700 per day for 1Q 2026 and fixed $50,000 per day in 2Q 2026 to-date HAMILTON, Bermuda, April 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today provided the following update on capital allocation, vessel sale, and latest TCE guidance. Fleet InvestmentThe Company signed contracts for the construction of two highly-efficient and versatile 40,500 dwt Handysize product/chemi
HAMILTON, Bermuda, Feb. 12, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and net income attributable to common stockholders of $9.3 million for the three months ended December 31, 2025, or $0.28 Adjusted earnings per basic and diluted share, compared to Adjusted earnings of $10.3 million and net income attributable to common stockholders of $5.1 million, or $0.25 Adjusted earnings per basic and diluted share for the three months ended December 31, 2024. (See reconciliation of net income
HAMILTON, Bermuda, Nov. 5, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and net income attributable to common stockholders of $12.1 million for the three months ended September 30, 2025, or $0.31 Adjusted earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $23.3 million, or $0.55 Adjusted earnings per basic and diluted share for the three months ended September 30, 2024. (See reconciliation of net income to Adjusted ear
HAMILTON, Bermuda, Oct. 22, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 5, 2025 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, November 5, 2025, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipp
HAMILTON, Bermuda, July 30, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable to common stockholders of $9.0 million for the three months ended June 30, 2025, or $0.22 earnings per basic and diluted share, compared to Adjusted earnings of $47.6 million and net income attributable to common stockholders of $61.8 million, or $1.14 Adjusted earnings per basic share and $1.13 Adjusted earnings per diluted share for the three months ended June 30, 2024. (See reconciliation of net income to Adj
HAMILTON, Bermuda, July 16, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings before the market opens Wednesday, July 30, 2025 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, July 30, 2025, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"I
HAMILTON, Bermuda, May 7, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable to common stockholders of $5.6 million for the three months ended March 31, 2025, or $0.14 earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $38.4 million, or $0.93 earnings per basic share and $0.92 earnings per diluted share for the three months ended March 31, 2024. (See reconciliation of net income to Adjusted earnings in the Non-GAAP Measures se
HAMILTON, Bermuda, April 23, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens Wednesday, May 7, 2025 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, May 7, 2025, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"If yo
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