Core Article Summary - The article discusses TORM plc (NASDAQ: TRMD) and highlights reasons why the stock is considered a buy, including its valuation being perceived as cheap [1] Disclosure and Context - The author of the article holds a beneficial long position in TRMD through stock ownership, options, or other derivatives [1] - The article represents the author's personal opinions and is not influenced by compensation or business relationships with the mentioned company [1] - Seeking Alpha clarifies that the views expressed in the article may not reflect those of the platform as a whole and that its analysts are third-party authors, including both professional and individual investors [2]

The global energy sector is clearly undergoing a complex and significant change at present, with renewable technology growing in influence as prices come down, and demands from consumers for greener forms of energy grows. This, of course, will take timeGordon is a freelance investment writer from Glasgow, Scotland. With a Masters Degree in Civil Engineering, he also works in Asset Management, and runs a financial education company called Oak Investing with a wide following across 40 countries. With a passio ...

In September, I wrote two very bullish pieces on the clean product trade for both TORM plc (NASDAQ: TRMD ) and Hafnia Limited ( HAFN ). The gist of those articles centered around the continued polarization of the globalI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties ...

Note: I previously covered TORM Plc (NASDAQ: TRMD ). In my previous take on TRMD, I pointed out the company's strengths: its fleet, balance sheet, dividend policy, and product tankers market catalysts. TRMD traded at 118% PNAV. Because of limited upside potential, I gave TRMD a HoldI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursu ...

07 NOVEMBER 2024 THIRD QUARTER 2024 Safe Harbor Statement As to The Future Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, ...

TORM plc (NASDAQ:TRMD) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jacob Meldgaard – Chief Executive Officer Kim Balle – Chief Financial Officer Conference Call Participants Emily Harkins – Jefferies Operator Hello, my name is Audra and I will be your conference operator today. At this time I would like to welcome everyone to the TORM Third Quarter 2024 Results Conference Call. Today’s conference is being recorded. All lines have been placed on mute to prevent any backg ...

TORM PLC (TRMD) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.65%. A quarter ago, it was expected that this company would post earnings of $1.99 per share when it actually produced earnings of $2.02, delivering a surprise of 1.51%.Over the last four quarters, the company has surpa ...

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I HeliRy Seeking Alpha Q | PODCAST SERIES Listen and subscribe to the Marketplace Roundtable on these podcast platforms: TORM (NASDAQ:TRMD) CEO Jacob Meldgaard joined Value Investor's Edge Live on Sept. 19, 2024, to discuss product tanker markets and ongoing company prospects. TRMD has notably expanded their fleet and reduced balance sheet leverage over the past 2-3 years and now has one of the largest publicly traded tanker fleets with a current market cap of r ...

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I Oil Tanker HeliRy In the two weeks ended September 10, TORM plc (NASDAQ:TRMD) crashed approximately 14% to $32.26, a level not seen in years. | --- | --- | --- | |---------------|-------|-------| | | | | | Sep. 10, 2024 | 33.09 | | | Sep. 09, 2024 | 32.91 | | | Sep. 06, 2024 | 33.42 | | | Sep. 05, 2024 | 33.42 | | | Sep. 04, 2024 | 33.91 | | | Sep. 03, 2024 | 35.46 | | | Aug. 30, 2024 | 36.29 | | | Aug. 20, 2024 | 36.82 | | | Aug. 28, 2024 | 38.02 | | | --- | ...

I II n djgunner Thesis The last 10 days have been rough for owners of TORM plc (NASDAQ:TRMD) with the share price declining roughly 15%. The stock has been hammered by both a general market sell-off, as well as seasonality taking its toll on charter rates. However, the global refinery market continues to polarize, with production moving out of Europe and shifting toward the Middle East and Africa. This dynamic will continue the trend of a structural shift in the global clean product trade. At the currently ...