TGF 0.00% $1.73 tribeca global natural resources limited

Aus financial media dont give much attention to tankers so here...

  1. 82 Posts.
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    Aus financial media dont give much attention to tankers so here is quick summary of two TGF holdings who reported last night.

    Euronav (the blue chip, pure crude play) crushed earnings while International Seaways (crude / product hybrid) slightly missed consensus (but still good numbers). Big dividend from Euronav - declared $0.81 quarterly dividend (at a share price of $10.03 on NYSE).

    Interesting article which states there is still some time for the tanker trade to play out....

    https://www.freightwaves.com/news/floating-storage-is-far-from-dead-in-the-water


 
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