TRMD News and Press, TORM plc From 01/11/21

IMO 2020 emission regulation is freezing the supply side in shipping markets. This sets an otherwise terrible industry up to generate very high returns in a potential prolonged state of undersupply. So far, COVID-19 disruption has caused this dynamic to remain isolated to bulk shi...

Value Investor's Edge Live continues with this latest episode focused on the product tanker segment of the shipping industry. CFO Paul Tivnan joined us on 17 November to discuss product tanker markets and capital allocation priorities for Ardmore Shipping. We extensively reviewed ...

Value Investor's Edge Live continues with this latest episode focused on the crude tanker segment of the shipping industry. Hugo De Stoop, CEO of Euronav, a leading crude tanker firm with a fleet of more than 70 vessels joined us to discuss the oil transportation markets. Euronav ...

TORM plc (TRMD) Q3 2020 Earnings Conference Call Nov 11, 2020, 09:00 AM ET Company Participants Morten Agdrup - IR Jacob Meldgaard - Executive Director and CEO Kim Balle - CFO Conference Call Participants Ulrik Bak - SEB Jon Chappell - Evercore Anders Karlsen - Danske Bank Presentation Operat...

The following slide deck was published by TORM plc in conjunction with their 2020 Q3 earnings call. For further details see: TORM plc 2020 Q3 - Results - Earnings Call Presentation

TORM (TRMD): Q3 GAAP EPS of $0.01 misses by $0.13.Revenue of $163.7M (+11.6% Y/Y) beats by $23.3M.Shares -6.9% PM.Press Release For further details see: TORM EPS misses by $0.13, beats on revenue

TORM brought exceptional results in H1, as prices jumped for floating storage vessels after the demand spike. Vessels are getting older, and there will be large investments, negatively affecting the cash flow. TORM is well-positioned with superior corporate governance, and outperf...

Tanker market equities have been in a "perpetual penalty box" awaiting a return to profitability, Evercore ISI says, observing months of softness that are finally bringing expectations in line with market reality. It's lowering targets to bring them in line. That softness is set to continue w...

This review will function as a post-mortem of the popular spring 2020 'tanker trade' or 'floating storage trade.' We review performance as well as dissect which types of firms outperformed. In market theory, dividends are simply an allocation of capital and shouldn't determine multipl...

Image source: The Motley Fool. TORM plc   (NASDAQ: TRMD) Q2 2020 Earnings Call Aug 17, 2020 , 9:00 a.m. ET Operator Continue reading