Dorian LPG (LPG) shares tumbled 5.31% in pre-market trading on Thursday, despite the company reporting robust second-quarter fiscal year 2026 financial results and declaring an irregular cash dividend. The unexpected decline comes as investors appear to be taking profits following the stock's recent strong performance.

The liquefied petroleum gas shipping company announced a Q2 revenue of $124.1 million, surpassing analyst expectations of $114.60 million. Net income for the quarter reached $55.4 million, translating to earnings per share (EPS) of $1.30. The company also reported an adjusted EBITDA of $85.7 million, showcasing strong operational performance.

In a move that typically pleases investors, Dorian LPG's board declared an irregular cash dividend of $0.65 per share, payable on or about December 2, 2025, to shareholders of record as of November 17, 2025. The company attributed its strong results to improved freight market conditions, supported by record LPG exports from the U.S. and the Middle East. Despite these positive developments, the stock's pre-market plunge suggests that some investors may be concerned about the sustainability of the current market conditions or potential headwinds in the LPG shipping sector.