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TRMD / TORM: The Comeback Is Unfolding

TORM: The Comeback Is Unfolding
TORM plc is one of the world's largest transporters of refined oil products, operating in various vessel segments from Medium Range to Long Range 2 tankers. TORM's balance sheet remains strong, with a net LTV ratio of 29% and available liquidity of $497 million. The financial performance in Q2 was the best in the firm's history. TORM expects significant earnings day coverage at favorable rates for the remainder of FY2023, with already secured 72% of its full-year earning days. Read More
Posted: Oct 22 2023, 11:58
Author Name: Seeking Alpha
Views: 042532

TRMD News  

TORM plc: Record Earnings, 15%-21% Yield, Very Undervalued

By Seeking Alpha
October 28, 2023

TORM plc: Record Earnings, 15%-21% Yield, Very Undervalued

Shipping vessel rates remain high due to rising energy prices and major displacement, benefiting companies like TORM plc. TORM looks very undervalued more_horizontal

TORM: The Comeback Is Unfolding

By Seeking Alpha
October 22, 2023

TORM: The Comeback Is Unfolding

TORM plc is one of the world's largest transporters of refined oil products, operating in various vessel segments from Medium Range to Long Range 2 ta more_horizontal

TORM: High Hopes Need A Reality Check (Rating Downgrade)

By Seeking Alpha
October 2, 2023

TORM: High Hopes Need A Reality Check (Rating Downgrade)

My Buy rating on TRMD has met my expectations, but its upward momentum has stalled at a pivotal level. The company's revised earnings outlook suggests more_horizontal

TORM - Potential Dividend Machine

By Seeking Alpha
September 18, 2023

TORM - Potential Dividend Machine

TORM is a Danish shipping company with a focus on transporting refined oil products and a history of distributing dividends to shareholders. They own more_horizontal

TORM: Record Q2, Revisiting The Valuation Case As Share-Price Momentum Slows

By Seeking Alpha
September 16, 2023

TORM: Record Q2, Revisiting The Valuation Case As Share-Price Momentum Slows

Global growth outlook improves, despite concerning data trends in China. TORM plc operates as a shipping company, benefiting from increased demand in more_horizontal

TORM: The Company Has Strong Financials And Market Outlook For H2 2023

By Seeking Alpha
September 12, 2023

TORM: The Company Has Strong Financials And Market Outlook For H2 2023

TORM plc, a leading tanker operator, has benefited from high utilization rates and improved financials despite geopolitical events and OPEC+ productio more_horizontal

TORM plc (TRMD) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 17, 2023

TORM plc (TRMD) Q2 2023 Earnings Call Transcript

TORM plc (NASDAQ:TRMD ) Q2 2023 Earnings Call Transcript August 17, 2023 9:00 AM ET Company Participants Andreas Abildgaard-Hein - Head, IR Jacob Meld more_horizontal

TORM: Positive Market Conditions Coupled With Solid Financials Bring Profit

By Seeking Alpha
June 5, 2023

TORM: Positive Market Conditions Coupled With Solid Financials Bring Profit

TORM, a leading global owner and operator of tankers, experienced its highest-ever yearly earnings in 2022 with a net profit of $365 million, primaril more_horizontal


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