TRMD / TORM: Profit Uncertainty Ahead, Dividends At Risk, Technical Range Emerging

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 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

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 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

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

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, 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