>Past earnings reports (alphabetical) ASC: EST EPS $0.14, actual $0.20. DHT: EST EPS $0.54, actual is $0.44 (divvy of $0.35). EURN: EST EPS $0.86, actual $1.05 (divvy of $1.10). INSW: EST EPS $1.45, actual $1.49. NNA: EST EPS $0.00, actual $0.94. OSG: EST EPS N/A (Q4, 2019 was $0.12)., actual $0.28. STNG: EST EPS $0.49, actual $0.82.
> Upcoming earnings reports calendar NAT on 5/18, not specified SFL on 5/19, pre-market TNK on 5/21, pre-market FRO on 5/29, pre-market TNP on 6/4, pre-market
>Another important date May 19th, 2020 (you know why)
Cargo is holdin', capn. Thar be black gold in the bilge but we'll sell that too when we hit port.
I loaded up another $450 on DHT June calls today. Markets clapped a little bit but give it a week or two and retail will go totally nuts for tankers, as will institutions as a hedge against further oil failures. Only issue is when the next market leg down will hit- I suspect oil failing may be enough to kick that off. At least we'll get our $2000/mo trumpBux or whatever it ends up being.
Some are going to do well, some are going to lag. For instance, I believe FRO, EURN and DHT are going to lag behind in terms of equity gain in the short term, but they're great divvie stocks for the next year at the very least, it all depends on what you and what your trading strategy is.
Slow recovery? Tankers make ridiculous money on contango while they transition to shipping Fast recovery? Tankers make good money on shipping
The timing in which this manifests is different than other industries. Tankers take charters for X periods of time, either for a voyage or for storage. You don't see what they're really going to do until (a) they unload and take their profit share, and (b) they negotiate new contracts. This is part of the reason they are being btfo right now - people who aren't usually in the space are looking for day to day movement and that's just not how it works, tankers are Bart Simpson as all fuck. Compound this with market maker shennanigans and this has-never-happened-before-ever oil glut and it's hard to say which tanker stock is going to to what, other than the industry is going to do well over the next year, LITERALLY ALL OF THEM (with DHT adjusted) are beating Q1 earnings projections which is just absolutely insane.
In other words, take your pick according to your goals and diligence, just diversify and do not try to time the market with a significant part of your portfolio.
Adam Martinez
NOT BEFORE YOU SQUARE AWAY YOUR BUNK YA SKALLYWAG - I RUN A TIGHT SHIP, NOT A SHITE TIP!
We'll make a sailor o' you yet.
Think you're right. I had hoped for a slight dip to pick up some more FRO, but you can't have everything.
Nolan Long
peak comfy
Jonathan Stewart
I used to own FANG, XOM, MRO, HAL, and KOS. I sold all of it a few days ago, a few at a time, but eventually went fully out of oil. And I all-in'ed tankers. You want FRO and DHT for sure. if you choose just one, let it be one of those. For a third tanker or fourth or so, can go STNG, or EURN. In terms of priority. All other tankers are lesser priority but will yield profit and are good anyways.
All recent data has just confirmed oil demand has not overtaken supply and will not, and estimates for filling global supply completely range from mid May to end of May. Essentially, oilmageddon is upon us and every analyst knows it but aren't shouting it to the skies in fear of spreading absolute panic. Big firms been doubling their tanker purchases every month consistently. This is not the time to buy oil, right now it is being run up to sell off for the big rollover event for futures contracts and supply filling. Oil is a trap now, take your gains now like I did.
AYE AYE CAP'N! CLEARING THE CABIN AND MOPPIN THE DECK, WE ARGH GONNA FIND YER TREASURE!
nice ticker and nice ship names lol. Looks like they transport coal and iron, we're mostly speculating on oil storage here user. But hey, a rising tide lifts all boats lmfao. with a ticker like that you can't lose. Honestly one of the best predictors of stock performance is a cool ticker like WEED, SHOP, or GOLD (go invest in gold.tsx tsg, I'm only telling you guys cause I like you guys)
AND SHOULD OUR BOW BEGIN TO LIST WE HOLD OUR SHARES; TO SELL, RESIST! THROUGH THE STORM! THROUGH SPRAY OF MIST! TILL GREENER LANDS, TILL SUNLIGHT'S KISS
China has been increasing it's imports of coal and iron I believe. I'm hoping the bulker and containership industries to perform well after the economy opens up again so I'm planning on investing in them in a couple of months. I vote this general expands to all maritime ventures. Tankers, lpgs, bulkers, and containerships.
Benjamin Johnson
I want to roll the eventual tankers profits into energy after this- MRO, XOM, HESS, RDS.B etc. Either very long calls 2 years out or actual stock. Supermajors and mid caps should survive this fine, and the sector will eventually recover (world runs on oil after all).
Remember after a supply glut usually comes a shortage. Oil producers will be bearish turning on the taps again after mothballing them, we'll see $80-$100 oil easy. Energy sector will do rather well, as will renewables (in theory). What's harder to factor in is what the real recovery will be like from this- everyone right now is talking V-shaped recovery, but factor in 2nd outbreaks of covid / more lock downs, and it's unlikely
Christopher Butler
I mentioned this in the last thread - definitely agree maritime general would be suuuuuper comfy, but we should keep minds focused on tankers/impending oilmageddon for the time being.
Oliver Wood
Don't touch RDS.B Everything they were doing before they cut the dividend was shady.
Levi Ortiz
user WORKED AS A NEET UNLIKE HIS FATHER AND HIS GRAN
A' WORKING IN A BASEMENT JACKING TO BOAT STOCKS AND 2D GIRLS FROM JAPAN
ONE DAY user WAS HARD, THE JEW APPEARED RIGHT FROM HELL
HE HELD A ROLL OF GLOOM AND A BUCKET FULL OF SELL
THE JEW SAID UNTO user, "TAKE THESE SELLS AND GOYISH GLOOM"
BUT YOU ALSO TAKE THESE LOSSES AND I WILL TAKE THE BOOM
user DESPISED THE JEW, AND THE JEW SQUEALED AND HISSED
AND THE user KNEW TO WELL THE TANKERS WERE TO GOOD TO RESIST
