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

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