GTT receives new LNG carrier order, shares hold near recent highs
23.06.2026 - 18:06:17 | ad-hoc-news.de
By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-23, 18:04.
GTT (FR0011726835) has secured a new tank design order for three LNG carriers, extending its order book in cooperation with South Korea's Samsung Heavy Industries, according to recent disclosures on MarketScreener and company releases. The shares trade on Euronext Paris and recently changed hands around 191.5 euros, close to their 2026 highs.
Fresh LNG carrier order with Samsung
According to a June project update, GTT received an order from Samsung Heavy Industries covering the membrane tank design for three new LNG carriers, reinforcing its long-standing role in large LNG ship projects. The vessels will use GTT's containment technology for liquefied natural gas transport, adding incremental revenue visibility over the construction period.
Samsung Heavy Industries, which competes globally with peers such as Hyundai Heavy Industries in LNG shipbuilding, continues to feature GTT technology on a large part of its LNG carrier backlog. The order follows a sequence of recent project sanctions that prompted AlphaValue/Baader to adjust their earnings forecasts for GTT earlier in June.
Analyst views and dividend backdrop
AlphaValue/Baader recently lifted EPS forecasts for GTT on the back of new project sanctions and a robust order environment, while simultaneously fine-tuning estimates for 2025 and 2026. MarketScreener data show an average analyst target price near 217 euros, versus a last close around 191.5 euros, indicating a moderate upside in current consensus.
Earlier in June, GTT shareholders approved a cash dividend for the 2025 financial year, payable on 19 June 2026, underlining the group's cash-generation profile and a shareholder-remuneration policy that includes regular dividends. Capital.com also highlights a board-authorized share buyback program of up to 3,711,777 shares at a maximum price of 260 euros per share, providing additional capital-management flexibility.
All news and analysis on the GTT shares
Key figures, previous ad-hoc headlines and further background on the Gaztransport & Technigaz SA listing are available in the dedicated topic overview.
How GTT earns its money
GTT generates most of its revenue by licensing membrane containment systems for LNG carriers, floating storage units and onshore storage tanks, complemented by engineering services and digital solutions for LNG shipping efficiency. The company designs cryogenic technologies that allow operators to transport liquefied natural gas at around -163 degrees Celsius while optimizing cargo capacity and boil-off management.
Where the GTT shares trade today
The GTT shares (FR0011726835) trade on Euronext Paris at 191.5 euros as of 2026-06-23, 11:55, based on MarketScreener quotation data.
Key data on the GTT shares
- Company: Gaztransport & Technigaz SA
- ISIN: FR0011726835
- WKN: A115FM
- Ticker: GTT
- Trading venue: Euronext Paris
- Price (as of 2026-06-23, 11:55): 191.5 EUR
- Market cap: 5.2 billion EUR (as of 2026-06-23)
- Sector / industry: Energy equipment & services / LNG technology
- Index membership: SBF 120
- Next earnings date: 2026-07-25
This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell any security, or a solicitation of any kind. Figures and dates are based on publicly available sources and may change without prior notice.
