Research analysts covering Robin Energy.
Recent press releases and 8-K filings for RBNE.
Robin Energy provides commercial update on vessel employment
RBNE
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Robin Energy Ltd. (RBNE) announced a commercial update on its vessel employment, detailing secured charters for its two LPG carriers and strong performance in its tanker segment.
- The M/T Dream Terrax is chartered at a gross monthly rate of $345,000 until February 2026, increasing to $353,000 until January 2027.
- The M/T Dream Syrax is chartered at a gross monthly rate of $353,000 until March 2026.
- These LPG segment fixtures provide contracted revenue in excess of $5.5 million, covering 59% of ownership days for 2026 and strengthening earnings visibility.
- The M/T Wonder Mimosa (Handysize tanker) achieved a gross daily rate of $19,442 in November 2025, which was 19% higher than the previous month, reflecting strong market conditions.
4 days ago
Robin Energy Ltd. enters into ATM Offering Agreement
RBNE
New Projects/Investments
M&A
- Robin Energy Ltd. entered into an "at-the-market" (ATM) Offering Agreement on November 13, 2025, with Maxim Group LLC and Rodman & Renshaw LLC.
- Under the terms of the agreement, the company may sell common shares with an aggregate offering value of up to $75 million through the sales agents.
- The proceeds from the offering are intended for capital expenditures, working capital, vessel, other asset or share acquisitions, funding the construction of newbuild vessels, or other general corporate purposes.
Nov 13, 2025, 2:26 PM
Robin Energy Ltd. Reports Significant Asset Growth and Capital Structure Changes in Q3 2025
RBNE
New Projects/Investments
Convertible Preferred Issuance
- Robin Energy Ltd.'s total assets significantly increased to $53,580,941 as of September 30, 2025, from $21,581,980 on December 31, 2024.
- This asset growth was primarily driven by an increase in Vessels, net to $39,794,276 as of September 30, 2025, from $6,875,903 on December 31, 2024, following the acquisition of two LPG carriers.
- The company initiated an investment in Bitcoin crypto-assets, totaling $5,020,168 as of September 30, 2025.
- The capital structure saw the introduction of mezzanine equity amounting to $25,877,180 from Series A preferred shares by September 30, 2025.
Nov 13, 2025, 1:17 PM
Robin Energy Ltd. Announces Pricing of $7.0 Million Registered Direct Offering
RBNE
- Robin Energy Ltd. announced the pricing of a registered direct offering on October 24, 2025, which is expected to close on or about October 27, 2025.
- The offering involves the sale of 6,540,000 common shares (or pre-funded warrants in lieu thereof) to a single institutional investor, generating gross proceeds of approximately $7.0 million.
- The offering price for the common shares is $1.07 per share, and for the pre-funded warrants, it is $1.069 per pre-funded warrant.
- The company intends to use the net proceeds from the offering for working capital and general corporate purposes.
Oct 27, 2025, 1:12 PM
Robin Energy Ltd. Posts H1 2025 Results, Details Spin-Off and Fleet Expansion
RBNE
Earnings
New Projects/Investments
M&A
- For the six months ended June 30, 2025, Robin Energy Ltd. reported net income attributable to common shareholders of $326,839 and basic earnings per common share of $0.13, a decrease from $1,362,240 and $0.57 respectively, in the same period of 2024.
- The company completed its spin-off from Toro Corp. on April 14, 2025, becoming an independent publicly listed company.
- As of June 30, 2025, Robin Energy Ltd. maintained a strong liquidity position with $39.4 million in cash and cash equivalents and a working capital surplus of $38.4 million.
- Subsequent to the reporting period, the company acquired two LPG carriers for a total of $38.0 million and completed an underwritten equity offering, generating $7.7 million in net proceeds on September 12, 2025.
- Effective the third quarter of 2025, Robin Energy Ltd. now operates in two reportable segments: tanker and LPG carrier, following the acquisition of the LPG vessels, and allocated $5 million to Bitcoin as a primary treasury reserve asset on September 9, 2025.
Oct 1, 2025, 1:15 PM
Robin Energy Ltd. Reports Q2 2025 Financial Results and Strategic Developments
RBNE
Earnings
Equity Issuance
New Projects/Investments
- Robin Energy Ltd. reported a net income of $0.5 million and total vessel revenues of $2.0 million for the three months ended June 30, 2025, with basic earnings per common share of $0.15.
- The company's cash and cash equivalents significantly increased to $39.4 million as of June 30, 2025, from $0.01 million at December 31, 2024, maintaining a debt-free balance sheet.
- Robin Energy completed its spin-off from Toro Corp. on April 14, 2025, and its shares commenced trading on the Nasdaq Capital Market on April 15, 2025.
- In June 2025, the company successfully completed four registered direct equity offerings, issuing 3.6 million common shares and raising approximately $17.2 million in gross proceeds.
- The company expanded its fleet by acquiring two LPG carrier vessels, LPG Dream Syrax and LPG Dream Terrax, for a total of $38.0 million, delivered in September 2025, and now operates in two reportable segments.
Oct 1, 2025, 1:10 PM
Robin Energy Ltd. to Acquire Third Vessel
RBNE
M&A
New Projects/Investments
- Robin Energy Ltd. (RBNE) has entered into an agreement to acquire a 2020-built 5,000 cbm LPG Carrier vessel for $20 million.
- The vessel is being acquired from Toro Corp., an entity controlled by Robin Energy's Chairman and Chief Executive Officer, with the terms approved by independent board members of both companies.
- The acquisition is expected to be funded with cash on hand and concluded by taking delivery of the vessel during 2025.
- Upon completion, this will expand Robin Energy's fleet to a total of three vessels, consisting of two LPG Carriers and one Handysize tanker.
Sep 16, 2025, 1:22 PM
Robin Energy Prices Public Offering of Common Stock
RBNE
- Robin Energy Ltd. priced an underwritten public offering of 5,769,230 shares of its common stock at $1.30 per share on September 11, 2025.
- The initial offering is expected to generate approximately $7.5 million in gross proceeds for the company.
- The underwriter partially exercised its over-allotment option to purchase an additional 864,770 shares, increasing the aggregate gross proceeds to approximately $8.6 million.
- The offering is expected to close on September 12, 2025.
- Robin Energy intends to use the net proceeds from the offering for working capital and general corporate purposes.
Sep 12, 2025, 1:24 PM
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