Core Viewpoint - Costamare is identified as the stronger business compared to Robin Energy based on various financial metrics and analyst recommendations [7]. Group 1: Ownership and Institutional Support - 58.1% of Costamare shares are held by institutional investors, while 23.2% are held by company insiders, indicating strong institutional confidence in Costamare's long-term performance [1]. Group 2: Profitability Metrics - Costamare has a net margin of 22.23%, return on equity of 15.15%, and return on assets of 7.91%, while Robin Energy's profitability metrics are not available [2]. Group 3: Analyst Ratings - Costamare has a consensus rating score of 2.00, with 3 hold ratings and no buy or strong buy ratings, while Robin Energy has no ratings at all [4]. Group 4: Earnings and Valuation - Costamare's gross revenue is $2.08 billion, with a net income of $319.92 million and earnings per share of $2.50, compared to Robin Energy's gross revenue of $6.87 million, net income of $1.05 million, and earnings per share of $0.04 [6]. - Costamare's price-to-earnings ratio is 6.43, significantly lower than Robin Energy's 21.49, indicating that Costamare is more affordable [6]. Group 5: Summary of Comparison - Costamare outperforms Robin Energy in 10 out of 12 comparative factors, reinforcing its position as the more favorable investment option [7].

Financial Performance - Ardmore Shipping reported adjusted earnings of $12.6 million, or $0.31 per share[9] - The company's cash breakeven is $11,700, and the operating cash breakeven is $10,800[9] - Adjusted EBITDAR was $27.6 million in 3Q 2025[42] - For 4Q 2025, the MR Combined spot TCE is expected to be $24,900 (40% fixed), and the Chemical spot TCE is expected to be $22,200 (35% fixed)[8,66] Market Dynamics - Refined product export volumes increased by 4% QoQ, reaching record levels[18] - Sanctioned fleet represents 16% of the global tanker fleet[24] - 2025 ordering activity is down 80% YoY[25] Fleet and Operations - The company fully redeemed $30 million preferred shares[9] - The company time chartered-out a 2014-built MR for two years at $21,250 per day[9] - The company estimates 2025 fleet capex of $37 million, including elective capex of $16 million[46] - The company achieved 99% on-hire availability in 3Q 2025[46]