Navigator Holdings (NVGS) Q2 FY26 earnings call

Navigator Holdings delivered an exceptional Q2 FY26, achieving record financial results across key metrics, significantly benefiting from global trade disruptions and strong U.S. ethylene demand. The company continues to execute its fleet modernization and capital return strategy, securing newbuild financing and divesting older assets. While Q3 is expected to moderate from record levels, the underlying structural demand for U.S. natural gas liquids and a thin Handysize order book support a healthy outlook.