Home Equities Score Why GasLog Partners LP Unit (GLOP) Stock price fluctuated on Monday?

Why GasLog Partners LP Unit (GLOP) Stock price fluctuated on Monday?

GasLog Partners LP Unit (GLOP) Stock started the new week by gaining 4.87% on Monday, May 17, 2021, to closed at $3.23 per share but in the after-market session, GLOP shares lost 3.10% and closed at $3.13 per share.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

GLOP shares have fallen 40.07% over the last 12 months, and they have moved up 2.54% in the past week. Over the past three months, the stock has lost 14.32%, while over the past six months, it has soared 52.36%.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

Quarterly distributions on its preference units

On May 14, 2021, GasLog Partners LP announced the quarterly distributions on its preference units as follows.

Distribution Record Date Payment Date
8.625% Series A Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units $0.5390625 per preference unit June 8, 2021 June 15, 2021
8.200% Series B Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units $0.5125 per preference unit June 8, 2021 June 15, 2021
8.500% Series C Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units $0.53125 per preference unit June 8, 2021 June 15, 2021

 

Annual Meeting and Board election

On May 13, 2021, GasLog Partners held the annual meeting of limited partners in which the election of Daniel R. Bradshaw, as a Class III Director, was announced.

The appointment of Deloitte Certified Public Accountants S.A. as the Partnership’s independent auditors was also approved for the fiscal year ending December 31, 2021.

Recent financial results announcement

On May 06, 2021, GasLog Partners LP announced its financial results for the three months ended March 31, 2021.

Financial highlights for Q1 2021

  • GasLog Partners reported revenue of $87.1 million for the quarter ended March 31, 2021, compared to $91.4 million for the same quarter in 2020.
  • The company made a profit of $35.4 million in the first quarter of 2021 compared to $21.2 million in the first quarter of 2020.
  • General and administrative expenses were $3.1 million for the reported period compared to $4.2 million for the three months ended March 31, 2020.
  • Adjusted EBITDA was $64.1 million for the reported quarter compared to $64.2 million in the same quarter in 2020.
  • GasLog Partners had $95.1 million of cash and cash equivalents as of March 31, 2021.

Cash distribution for common units

On April 29, 2021, GasLog Partners LP announced a cash distribution of $0.01 per common unit for the first quarter of 2021, payable on May 13, 2021, for all shareholders of record as of May 10, 2021.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Conclusion

As of this writing, we could not find any recent news or developments to justify its loss and gains on Monday. Let’s see how GLOP performs in the coming days.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

Related News

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

DMC Global Inc. (BOOM) stock declines during pre-market trading. Here’s what you should know

DMC Global Inc. (NASDAQ: BOOM) stock plunged by 6.50% at last close while the BOOM stock price fell further by 13.06% in the pre-market...

Boston Beer Company Inc. (SAM) stock fell during after-hour trading. Here’s the recent update

Boston Beer Company Inc. (NASDAQ: SAM) stock gains by 1.89% at last close whereas the SAM stock price plunged by 18.64% in the after-hours...

Jupiter Wellness, Inc. (JUPW) Stock Plummets Following Pricing of Underwritten Public Offering

Jupiter Wellness, Inc. (JUPW) stock prices were down 15.45% as of the market closing on July 21st, 2021, bringing the price per share down...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam