Vopak stock gained 1.09 percent as Gate LNG capacity expanded

Published on 10/04/2026 at 23:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vopak stock is tied to a fourth Gate LNG tank commissioned on October 1, adding 180,000 cubic meters. H1 guidance is EUR 1.18 billion to EUR 1.22 billion.

Schwarzweiß-Reportagefoto von Arbeitern zwischen Tanklager-Anlagen im Hafen — Koninklijke Vopak N.V. (ISIN NL0009432491) beschäftigt Terminalarbeiter, die zwischen Tanklager-Anlagen im Hafen inspizieren, Illustration mit AI erstellt.

Vopak stock (ISIN NL0009432491) was last at EUR 48.14 on Euronext Amsterdam on October 2, 2026 at 5:35 p.m. CEST, gaining 1.09 percent from EUR 47.62. The move followed the commissioning of a fourth LNG storage tank at the Gate terminal, a joint venture between Vopak and Gasunie, on October 1, 2026.

Gate adds LNG capacity

According to Gasunie on October 1, 2026, the new tank has storage capacity of 180,000 cubic meters of LNG. It adds 4 billion cubic meters of annual regasification capacity and lifts Gate's total to 20 billion cubic meters per year.

The project gives Vopak an additional operating asset in its gas infrastructure portfolio after a construction period of three years. Gate receives LNG by ship, stores it in liquid form and delivers gas into the transmission network serving the Netherlands and surrounding countries.

Guidance points to growth

Vopak's first-half performance provides the financial backdrop. In the Q2 2026 earnings call dated July 30, Yahoo Finance reported that occupancy reached 91 percent, while proportional EBITDA rose 5 percent from the first half of 2025 to EUR 600 million.

The same transcript showed operating cash return at 15.3 percent, compared with 15.2 percent in the first half of 2025. Management raised full-year 2026 proportional EBITDA guidance to EUR 1.18 billion to EUR 1.22 billion, while proportional operating free cash flow guidance was EUR 820 million.

For investors, the fourth Gate tank matters because the earnings call identified its fourth-quarter start-up as a major contributor to second-half growth. The project therefore links the current capacity expansion directly to the upper and lower bounds of Vopak's 2026 outlook.

Stock remains near yearly high

At EUR 48.14 on October 2, the stock stood EUR 1.36 below its 52-week high of EUR 49.50 and EUR 11.56 above its 52-week low of EUR 36.58. Market capitalization was EUR 5.5 billion, with 95,366 shares traded in the session.

MarketScreener identifies Koninklijke Vopak N.V. with ISIN NL0009432491 in the oil and gas transportation services industry. Its published analyst overview shows a consensus of Outperform from five analysts and an average target of EUR 52.50, which is EUR 4.36 above the October 2 price.

Next report is dated November 4

Vopak's next scheduled milestone is the publication of its 2026 third-quarter interim update on November 4, 2026, according to the company's investor calendar. The October 2 market value, the 2026 EBITDA range and the Gate expansion now give investors three concrete markers for assessing the next update.