Gas volumetric fractions and pressure loss are very important parameters in understanding and predicting gas-liquid two-phase flows. They are also essential to design large heat exchanging system in many industries, boiler and refrigerating systems mounted at ships. This paper therefore presents a theoretical method of predicting the pressure loss and gas volumetric fractions in gas-liquid two-phase flows for the whole range of pipe inclinations. The theoretical analysis is based on the two-fluid stratified flow model. It also provides the results of the comparisons between this theoretical analysis results and previous experimental results.