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Avance Gas presented to investors at DNB's New York lunch on June 24, 2024, highlighting a fleet of 16 VLGCs and MGCs with Q1-24 net profit of $146m and quarterly dividends of $2.15. The company maintains a robust balance sheet with ~$257m pro-forma cash and no debt maturity before 2028, with a market cap of approximately $1.2 billion on the Oslo Stock Exchange.
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