EURN News and Press, Euronav NV

Frontline announced lower-than-expected revenues of $217.44 million for the first quarter of 2022. The merger between Frontline and Euronav is still ongoing. I recommend buying FRO at or below $8.3 with potential lower support at $7.65. Introduction Bermuda-based Fro...

Large oil trading companies and refiners who are buyers of oil are not restocking because the futures curve is signaling prices will be lower in the future (negative carry). There is an inability to hedge this negative carry because longer-dated oil futures prices are lower than near-...

Euronav is an industry leader in the tanker industry and announced a merger with Frontline, creating the largest oil tanker fleet by capacity. Current geopolitical and macroeconomic events are improving the dynamics of the tanker industry. Euronav, similar to other tanker companie...

Spot market rates for liquefied natural gas tankers set new records for the year this week as traders bid up available vessels to meet rising global demand, Reuters reported on Monday. Spot rates for transporting 160k cm of LNG in the Atlantic Basin reached $100K/day and $85K/for Asia, or the...

Earnings in Q1 reversed earlier trend of losses into a profit. Changing trade patterns as a result of Russia's action should lead to higher rates for both crude oil tankers and product tankers. Merger with Euronav will make Frontline bigger than ever. For further details see...

NAT is bullish on spot tanker rates because of Russia's involvement in armed conflict with Ukraine, and most of its tankers are in the spot market. However, Suezmax tanker rates have dropped since their spike. Oil demand fundamentals have softened and high oil prices are dampening...

Euronav (NYSE:EURN) said Thursday that its shareholders at the annual general meeting voted to reject a proposal from its largest individual investor to nominate three supervisory board members. Compagnie Maritime Belge had proposed appointing three non-independent directors for election to t...

Image source: The Motley Fool. Euronav (NYSE: EURN) Q1 2022 Earnings Call May 12, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: Euronav (EURN) Q1 2022 Earnings Call Transcript

Euronav NV (EURN) Q1 2022 Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Brian Gallagher - Head of Investor Relations Hugo De Stoop - Chief Executive Officer Lieve Logghe - Chief Financial Officer Conference Call Participants Jon Chappell - Evercore Frode Morkedal - Cla...

The following slide deck was published by Euronav NV in conjunction with their 2022 Q1 earnings call. For further details see: Euronav NV 2022 Q1 - Results - Earnings Call Presentation