Definitions
Sorry, no definitions found. You may find more data at aegean's.
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word Aegean's.
Examples
-
Aegean's stock price has almost doubled since mid-September to more than $40, and a recent acquisition in the Baltic Sea as well as Monday's deal to acquire a terminal on the English Channel shows the company has expansion plans.
-
Aegean's competition comes mostly from regional suppliers working out of a few ports.
-
But Aegean's Mr. Tavlarios doesn't see construction delays as a risk to the company's growth.
-
Kevin Sterling, an analyst with Stephens Inc., points out that, as construction activity continues to strengthen, overcrowded shipyards could experience delays in vessel delivery, delaying Aegean's growth plans and throwing Aegean's peak earnings further into the future.
-
It has already placed orders for new tankers while a world-wide shipbuilding boom has filled shipyards to capacity, delaying any of Aegean's competitors from placing their own orders for the near future.
-
"There have been delays, and we've announced them," said Mr. Tavlarios, but the delays "are in months, and not years," and can still fit within Aegean's growth strategy.
-
"The primary reason for [Aegean's] growth is that their volume [of business] should increase significantly," said Douglas Mavrinac, an analyst with Jefferies & Co.
-
Aegean's expansion plans hinge on the continued growth of the shipping industry, which doesn't look to be slowing down.
-
In addition, the accompanying slide presentation and webcast will be available in the Investor Relations section of Aegean's website at www.ampni.com.
unknown title 2011
-
With a strong balance sheet, we remain well positioned to further expand Aegean's global marine fuel platform while repurchasing shares at attractive prices for the benefit of the Company and its shareholders.
unknown title 2011
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.