GasLog Partners
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GasLog Partners (GLOP) investor relations material

GasLog Partners has been acquired

GasLog Partners Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary23 Oct, 2026

Executive summary

  • Q3 2026 profit was $6.0 million, versus a $13.0 million loss YoY; revenue declined to $53.7 million from $60.9 million.

  • Fleet exits and more dry-docking off-hire days weighed on revenue, partly offset by higher average charter rates.

Financial highlights

  • Q3 revenue was $53.7 million, down $7.2 million YoY; 92 dry-docking off-hire days compared with 31 a year earlier.

  • Q3 profit increased by $19.0 million YoY, supported by lower impairment, depreciation and vessel operating costs; lower revenue and higher voyage expenses partly offset the improvement.

  • Q3 voyage expenses and commissions rose to $11.2 million from $4.8 million, mainly due to higher bunker consumption as utilization of the remaining spot fleet declined.

Key financial ratios and metrics

  • 9M 2026 revenue was $211.8 million versus $211.4 million; operating profit was $71.6 million versus $1.2 million loss.

  • 9M 2026 profit was $69.4 million versus a $5.1 million loss; financial costs declined to $2.2 million from $4.0 million.

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Frequently asked questions

GasLog Partners LP is a publicly traded master limited partnership in the liquefied natural gas (LNG) sector. The Company owns, operates, or has an option to acquire LNG carriers under multi-year charters with a number of multinational corporations that transport LNG worldwide. The Company offers its partners the use of three types of vessels: medium-range LNG carriers, full loads and super tanks.