Ardmore Shipping : 1Q 2026 Infographic

Published: 2026-05-07 09:52:16 ET ASC

Published on 05/07/2026 at 09:52 am EDT

MRs

$52,100

$33,700

$25,500

$20,900

$23,100

$24,700

Operating cash breakeven of $10,800 / day

1Q 2025

2Q 2025

3Q 2025

4Q 2025

1Q 2026

2Q 2026 TD

TCE Rates Nearly 5x Cash Breakeven

Ordered two option two 40,500 dwt IMO2 product/chemical tankers at Wuhu Shipyard

Doubling dividend payout ratio to two-thirds of adjusted earnings

Opportunistic sale of 2014-built MR for $35.5m

Capital Allocation

Middle East conflict extending voyages and boosting TCE rates

Prolonged inventory restocking to support continued market tightness

Market Update

Adj. Earnings $23.6m

EPS $0.58

Revenue

MR

Chemical

$87.9m

$33,700

$22,300

MR

Chemical

$52,100 (55%)

$32,500 (65%)

The information presented in this slide is based on Ardmore's earnings release and quarterly earnings presentationfor the quarter ended March 31, 2026, released on May 7, 2026, as well as Ardmore's subsequent public disclosures, which should be read in conjunction herewith

Disclaimer

Ardmore Shipping Corporation published this content on May 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 07, 2026 at 13:51 UTC.