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STEALTHGAS INC. Announces Date for the Release of Second Quarter 2014 Results, Conference Call and Webcast and Earnings Guidance

August 18, 2014



ATHENS, Greece, Aug. 18, 2014 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (Nasdaq:GASS) (the "Company"), a ship-owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its second quarter operating and financial results for the period ended June 30th, 2014 before the market opens in New York on, August 28th, 2014.

On August 28th, 2014 at 11:00 am ET, the company's management will host a conference call to discuss the results and the company's operations and outlook.

The Company also announced today that it preliminarily expects that voyage revenues for the second quarter of 2014 were between $33 million and $31 million and basic and diluted earnings per share for the second quarter of 2014 were between $0.12 per share and $0.13 per share. The foregoing results of operations for the quarter ended June 30th, 2014 are preliminary. The Company has not completed its financial statements for the quarter ended June 30th, 2014 and its reported results may differ from these unaudited preliminary results and such variation could be material.

Conference Call details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1877 280 3488 (US Toll Free Dial In) or : 0800 279 4843 (UK Toll Free Dial In) Access Code: 8709305.

In case of any problems with the above numbers, please dial +1646 254 3373 (US Toll Dial In), or: +44(0)20 3427 1932 (Standard International Dial In). Access Code: 8709305.

A telephonic replay of the conference call will be available until September 3rd, 2014 by dialing +1 347 366 9565 (US Local Dial In), +44 (0)20 3427 0598 (UK Local Dial In). Access Code: 8709305           

Slides and audio webcast:

There will also be a live and then archived webcast of the conference call, through the STEALTHGAS INC. website (www.stealthgas.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

About STEALTHGAS INC.

STEALTHGAS INC. is a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry. StealthGas Inc. currently has a fleet of 40 LPG carriers with a total capacity of 196,758 cubic meters (cbm), three M.R. product tankers and one Aframax oil tanker with a total capacity of 255,804 deadweight tons (dwt). The Company has agreed to acquire 17 LPG carriers with expected deliveries from 2014 through the first quarter of 2017. Giving effect to the delivery of these acquisitions, StealthGas Inc.'s fleet will be composed of 57 LPG carriers with a total capacity of 315,158 cubic meters (cbm). STEALTHGAS INC's shares are listed on the NASDAQ Global Select Market and trade under the symbol "GASS."

Visit our website at www.stealthgas.com.

CONTACT: Stavros Papantonopoulos Finance Manager STEALTHGAS INC. 011-30-210-6250-001 E-mail: info@stealthgas.com

Source: StealthGas Inc.


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Source: GlobeNewswire


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