/tsg/ Tanker Stock General

I am now a maritime investor, these tanker stocks are a part of my life, my body, my soul… I am one with the sea edition.

>Highlighted news story
rigzone.com/news/global_oil_glut_set_to_halve_in_may-04-may-2020-161965-article/

>Education
investopedia.com/articles/investing/012316/crude-tankers-business-transporting-oil.asp
lawexplores.com/the-tanker-market-current-structure-and-economic-analysis/
blogs.worldbank.org/developmenttalk/what-triggered-oil-price-plunge-2014-2016-and-why-it-failed-deliver-economic-impetus-eight-charts

>Maritime/tanker/oil news
lloydslist.maritimeintelligence.informa.com/
tradewindsnews.com/tankers/
hellenicshippingnews.com/
marinevesseltraffic.com/2013/02/tanker-track.html
freightwaves.com/american-shipper
rigzone.com/

>Oil futures
investing.com/commodities/

>Companies (not exhaustive or recommendations, but now alphabetically organized)
dhtankers.com/
euronav.com/
frontline.bm/
nat.bm/
scorpiotankers.com
sflcorp.com/
teekay.com/business/tankers/
tenn.gr/


>Past earnings reports (also alphabetical)
ASC: Estimated EPS $0.14, actual $0.20 (best on record).
DHT: Estimated EPS $0.54, actual is a diluted of $0.44, basic of $0.49, adjusted of $0.58 (basic EPS dwarfed 2019 Q1 EPS of $0.12 and from Q4 2019 to Q1 2020 DHT increased their divvy from $0.32 to $0.35).
STNG: Estimated EPS $0.49, actual $0.82.

> Earnings report(s) expected today
None that I know of, if I’m wrong, enlighten me.

> Upcoming earnings reports calendar (arranged by date)
EURN tomorrow, time not specified
FRO on 5/14, pre-market
NAT on 5/18, time not specified
TNK on 5/21, pre-market
SFL on 6/2, time not specified
TNP on 6/4, pre-market

>Another important date
May 19th, 2020 (you know why)

Previous thread:

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Heres to a new day anons. May we all ride the waves into heaven

Can somebody give me the rundown when it comes to divvies? I read something somewhere that you have to hold the stock for 60 days or you get taxed out the ass or something - is that true?

You cant just buy the stock, collect divvies, and then sell right away, right?

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Stng call

Lr2 rates >100k a day
Many other lr2 companies traded crude and can no longer carry clean products exploding rates
"Never seen an order book so low (for available cpp tankers) and rates so high."
Nobody will make enough lr2
40 day lr2 voyage 178k /day "this is not an outlier"
New super cycle brewing in clean product tanker industry"

Finally those retarded bots got switched off

Depends on your tax locale

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we finna gap up

should i buy more FRO rather than DHT?

Yeah, last great chance for DHT was yesterday

DHT seems to be first out of the gate and if this actually makes waves, should be the posterchild

Who here /onlyboughtbecausetheylikeships/? I think boats are so cool. vrrooommm

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DHT getting its boost today most likely. Maybe other tankers get a boos too as the trend should be the same for all of them

FRO, TNK, and EURN got absolutely SHIT ON yesterday, so you can get them for a discount right now

Which of those three would be the best buy?

I'm bagholding all three but I like FRO the most. They tried to aquire DHT several years ago apparently lol.

Anons, our justification may be upon us. Weigh the anchor, set sail! It is time to depart on our journey through these stormy seas in pursuit of riches beyond our wildest dreams! Breath in that salty air, and get your sea legs because we are on a one way trip to treasure island!

Absolutely based no information investor. I too like ships, fren.

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i've been holding all of them for like a month and it doesnt even seem to matter

they can all swing up or down 10% in a single fucking day, its crazy

then why dont you just get the tanker tracker app and not throw your money into a firepit?

I feel you bro, ships are cool. I wanna be with the ocean.

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>Nippon Princess

Is this real? kek.

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no lol

>firepit
Nigger please

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>DHT only up 2.20%

whats going on bros

!!!

well so far I've made money but maybe the real stock market was the frens we made along the way.

vrooommm! i wonder if the captains quarters are comfy.

retail taking profit

Tankers always struggle at the start of the day. Where I been buying all my dips. Give it a bit.

People still don't believe it. Maybe we need Q3 earnings for the real wave to start. The market is a mess. SAD!

>well so far I've made money but maybe the real stock market was the frens we made along the way
Ngl it is comfy in /tsg/

Only up 2.9%

How...the Q1 was fantastic..the conference called was amazing..Q2 is looking even better..but we're still not mooning..bros.. I'm holding on but just barely

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I've lost so much money on these tankers and I'm losing faith.

I for once actually belive in a stock (be it situational) and yet the market does not. I think people don't want the tankers to win because of what it would mean for the economy and American oil business.

MOTHER
FUCKING
TRUMP
this cocksucking market manipulating piece of shit needs to die

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>oil was down -6% in futures and now it's only -2.45%

fugg this is going to hamper our gains

Did you buy NAT?

it will only fall more, better get rid of it now

Even if we open up tankers will make bank. God dammit.

Yeah but I sold out of NAT before it dropped too hard. Currently holding FRO, STNG and DHT

Kek. It is.
Very comfy.

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this fucking asshole's twitter account is responsible for every single downturn i've gone through over the past month
i am down 66.74% and every single fucking bit of it is from when that FUCKING PIECE OF SHIT MANIPULATES THE MARKET

Give it until later. It is surprising honestly, but give it time. The stock is so good it has to win, a company cannot be doing this well and not make stock gains eventually it is an impossibility. Probably like what says. Buying tankers is making a statement, and it isn't a good one.

It is confusing. 20 million unemployed today to tack onto jobless. Bullish for oil!

loaded up on more FRO at open

Yesterday I read something where an analyst basically admitted the algos are retarded right now. Its basically >hurr durr oil up 5 cents me dump tankers

so as someone new to this is this a good time to invest in oil? How long will it take to return will it return?

It's pissing me off more than it should. Why the fuck is it going down still? WHY? I understand these are irrational times but come on man.

Don't know if I should get more tankers right now. Already balls deep in DHT at the moment. WHICH IS DUMPING LIKE A BITCH.

> STNG is down 1.8% on a 50% earnings beat

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JUST

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Okay, correction, wtf I didn't expect all the tankers to suddenly die like this. What in the ever loving fuck is wrong with investors right now. We have a company with more good news than anyone can handle and just pouring money everywhere going down, and DISNEY WHO MISSED EARNINGS AND SUSPENDED DIVIDEND GOING UP.

This is so wrong it isn't even funny. I am completely baffled right now as to what is going on. There has never been a larger discrepancy I have witnessed in my life right now than this current market and I am only angry because I can't buy even more right now and gotta suck on this loss atm.

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This thread is betting against oil.

>DHT is now down --2.50% on the heels of their best quarter basically ever

FRO down -2.22%
EURN trading halted
OSG trading halted
TNK down -1.78%

lol fucking clown world.

GOD DAMN DONALD TRUMP
I'M NOT EVEN A DEMOCRAT AND I WANT THIS BOOMER PIECE OF SHIT TO ROT

>FRO sub 8
what the fuck
I really don't get it
This stupid ass fuckign market doesn't make any god damn sense I fucking hate it

I am financially ruined. I've been TANKED.com

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I-I just don't understand...

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how the fuck is this possible? is there any finance people here? what the fuck is going on?

God fuck these market makers and algos. They trade inverse WTI the past 3 weeks but when earnings blow it out of the water & oil starts going negative we go down? What the fuck is this shit?

dow tanking, oil soaring

donald fucking trump formed a task force and that means EVERYONE needs to sell EVERYTHING and immediately put it into oil

Based, told all you retards you were gonna get btfo. never trust threads where retards spam dog, cat or anime pics btw

>mfw FRO starts to dump even more
welp looks like I'm holding this for the Q2/3 divvies

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Which do I yolo all in on? Fro or dht?

CHEETO HITLER AHHHHHHHHHHHHHHHHHHH

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH