Avance Gas: Offering A 14% Yield Thanks To Strong VLGC Charter Rates

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Igor Vershinsky/iStock via Getty Images Introduction I have been bullish on Avance Gas (OTCPK:AVACF) for as long as I can remember. Back in October 2022, I argued the 13% yield was very appealing but the company’s performance continued to improve on the back of higher charter rates which lasted for much longer than I had anticipated. Since that article, which was published less than six months ago, the share price increased by in excess of 60% (in US Dollar), so it is definitely time to have another look at this VLGC operator. Data by YCharts A strong quarter for Avance...