/tsg/ Tanker Stock General

[Anonymous No.19473613]

Are anime titties bullish for tankers? edition

>Highlighted link
https://www.youtube.com/watch?v=mTtqYms4P60

>Cursory oil education
https://www.investopedia.com/investing/oil-gas-industry-overview/
https://pediaa.com/difference-between-crude-oil-and-shale-oil/
https://www.api.org/oil-and-natural-gas/consumer-information/in-the-classroom/online-education-resources
https://www.opisnet.com/resources/glossary-of-terms/

>Cursory tanker education
https://www.investopedia.com/articles/investing/012316/crude-tankers-business-transporting-oil.asp
https://lawexplores.com/the-tanker-market-current-structure-and-economic-analysis/
https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/tanker/
https://www.euro-maritime.com/index.php/navigator?id=3080

>Tanker rates
http://www.crweber.com/ (no https)
https://twitter.com/TankersInt
https://fearnpulse.com/

>Maritime news
https://lloydslist.maritimeintelligence.informa.com/
https://www.marinevesseltraffic.com/2013/02/tanker-track.html
https://www.freightwaves.com/american-shipper
https://shipbrief.com/

>Oil news
https://www.eia.gov/outlooks/steo/report/global_oil.php
https://oilprice.com/Energy/Oil-Prices/
https://www.spglobal.com/platts/en/commodities/oil
https://www.rystadenergy.com/newsevents/
https://nhentai.net/tag/oil/

> Oil companies
No list. Sorry.

>Tanker companies
https://pastebin.com/TnN1aeQz

> Upcoming tanker earnings reports
TNP on 6/4, pre-market

>Crude oil contract spread and expiration date
https://www.cmegroup.com/

Previous thread:
>>19454658

[Anonymous No.19473654]

Milk Tankers

[Anonymous No.19473678]

HODL DHT MUHREEENS
HOOOOOOOOOOOOOOOOOOOOOOOOOLD

[Anonymous No.19473691]

Lmao, I'm gonna kill someone.

[Anonymous No.19473695]

Comfy divvies and good returns will come to you, but only if you reply "HOLD ON SEA CAT" in this thread
>>19473613
NNA tanked 12% at the start jesus.

[Anonymous No.19473706]

Quick summary of what some of the companies cover.
>DHT
Total Fleet: 27
Focus: Crude Oil
>Eurn
Total Fleet: 75
Types: Crude oil, offshore
>fro
Total: Fleet 69
Types: Crude Oil, product
>INSW
Total: 40
Types: Crude Oil, Product, off shore
>nna
Total: 46
Types: Crude Oil, Product (Petro), Chemical
>stng
Total: 138
Type: Product
>tk (includes tnk, tgp, too)
Total: 130
Type: Crude Oil, Product, Natural gas, offshore
>tnp
Total: 58
Type: Crude Oil, Product, Natural gas, offshore

[Anonymous No.19473746]

>>19473613
Very bullish. Almost as much as feet.

>>19473691
Please don't, this opening, ouch god that hurt most of us. Maybe it will get better today. That was a huge drop suddenly.

>>19473695
HOLD ON SEA CAT! HOLD ON!!!!

[Anonymous No.19473853]

>>19473695
Please for the love of god Seacat, HOLD ON

Looks like hell hours are back fellas. Remember - you trained for this!

[Anonymous No.19473886]

>tankers past April of 2020
LMAO

[Anonymous No.19473905]

I hate DHT bros.

[Anonymous No.19473965]

Let us pray
Praise be to the Lawrence my rock, who trains my hands for holds, my fingers for divvies. He is my loving boomer and my fortress, my stronghold and my deliverer, my shield, in whom I take refuge, who subdues Brandons under me.
AMEN

[Anonymous No.19473991]

>>19473853
Definitely, though all rules been thrown out the window recently. And the market is acting beyond irrational with the riots, businesses are all closing up and no one can move why is oil up? Why REITS? Why most of these things? This isn't bullish, this is apocalyptic to those worried about COVID wave 2 and those who want reopening to return demand. Nothing makes sense right now.

>>19473886
>makes money hand over fist
>well below pre-crash prices
You tell me why.

[Anonymous No.19474253]

My god, what is today. This is apocalyptic. Did any news get released or what? I see absolutely no reason for this. I don't see a single reason for how the market is moving at all today given the circumstances, it is beyond irrational in many sectors and stocks.

[Anonymous No.19474312]

>>19474253
It's all in the eeb and flow, my friend. Tides will rise.

[Anonymous No.19474322]

HOOOOOOOOOOOOOOOOOOOOLD

[Anonymous No.19474371]

>>19474312
Pretty much this. It's the second shake out to keep normies afraid of tanker stocks so jews can buy more

[Anonymous No.19474398]

>>19474253
Spot rates dropped back to high 50s for vlcc. The website of course didn't update this till until stocks absolutely shit themselves.

[Anonymous No.19474466]

>>19474398
Source?

[Anonymous No.19474489]

>>19474398
Geez I wonder why?

[Anonymous No.19474521]

HODL ON TO YOUR SEA CATS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Anonymous No.19474604]

>>19473965
Amen.

>>19473991
Absolutely anon, second wave in the US is guaranteed now - only question is how many deaths will the government allow for the sake of the shale industry/S&P.

Some positive news amid the chaos:
https://splash247.com/qatars-record-breaking-ship-order-the-big-picture/

>ship builders tied up
>since they're making money no need for discounts on newbuilds

[Anonymous No.19474607]

>>19474489
It's literally in the OP

>>19474489
Yeah I'm likely out after second quarter divvies. I could have made more off of zoom for god sake

[Anonymous No.19474655]

>>19474521

HANDS ARE DIAMONDS EVERY DAY

[Anonymous No.19474665]

>>19474312
I don't know about people's opinions on Zach's, but generally everyone has been citing them for buy and hold and sell signals touting tankers all in general have had a rank 2 (Buy) general rating and outlook.

Very recently, Zach's raised FRO and STNG from what I can find (and thus likely other tankers) to rank 1 as the strongest possible buy they can give. Institutions know, people know. So why shakeout.

>>19474371
kek, jews have so much already, they actually need buys to get it up to make money though eventually.

>>19474398
I noticed the rate crash too, but so what? 50k high, and the rates went volatile going to high 60's before going to mid 50's from what I gathered. And considering all the news on the horizon and good god how is no one talking about how riots are going to obliterate oil usage.

>>19474604
Wonderful. Makes them sell more, this market today is the height or irrationality.

[Anonymous No.19474727]

>>19474398
Oh no! Only the high 50s? How will already extremely profitable businesses make it while earning a rate that's double break even? One of the most irritating things is that NAT is still up compared to historical prices. Its ironic, one of the worst companies has not undergone the the same amount of speculative sell-off like FRO and STNG.
Here might be another reason for the sale offhttps://twitter.com/JHannisdahl/status/1267783611480244225
People still have no faith in tankers.

[Anonymous No.19474755]

>>19474466
Check links in OP to see tanker rates. The first one under tanker rates shows there was a drop.

[Anonymous No.19474780]

>>19474665
Kek, correction from research. FRO rank 1, STNG idk they conflict and they said 1 at one page and 2 on another. DHT deservedly at HOLD only, but they sleep on EURN saying it is a hold.

>>19474727
>floating storage falls
Good! Storage rates aren't permanent if they have to keep storing indefinitely from what I understand, since oil isn't fixed this frees up more room for storage rates later if shit hits the fan more. No one likes to evaluate them fairly, and those that do are unlistened to.

[Anonymous No.19474791]

>>19474665
I doubt oil will be hit to bad. our current good news is the shipbuilding deal and prospects of opec deal collapsing or resulting in more cheating. Sanctions maybe too. I'm just a little demoralized from how opaque and deceiving the market is to outsiders on purpose. Oh well least I got my linkies andcmy divvies

[Anonymous No.19474820]

>>19474727
Yeah we might be searching for reasons for the price action. Price action need not need a reason

[Anonymous No.19475096]

>>19474820
Yeah, there really is no reason for current prices other than the fact that people have no idea what any of these companies are worth and have little idea what affects them. Might be a bitter pill to swallow, but we most likely be very early to the party. Any upswing might take a while to work its way into the general public, as the current preconception about tankers is that they are a horrible business with little upside, ever. One of the best examples that no one knows whats going on is NAT compared to the rest of the industry. NAT is still at 2019 highs while other companies are not only trading well below 2019 highs, but trading below historical value. If any one had any idea what to invest in, companies like FRO, STNG, NNA, EURN would be the ones, especially looking forward. I feel that that NAT and Cramer interview really fucked everything up. NAT was made out to be the best tanker company, and many people won't have that misconception corrected for awhile, if ever. Then factor in all the other misconceptions about tankers and shipping and you have a horrible mixture that results in a tremendous downward pressure on other tanker companies.

[Anonymous No.19475157]

>>19474820
Yeah, there really is no reason for current prices other than the fact that people have no idea what any of these companies are worth and have little idea what affects them. Might be a bitter pill to swallow, but we're most likely very early to the party. Any upswing might take a while to work its way into the general public, as the current preconception about tankers is that they are a horrible business with little upside, ever. One of the best examples to show that no one knows what's going on is NAT compared to the rest of the industry. NAT is still at 2019 highs while other companies are not only trading well below 2019 highs, but trading below historical value. If any one had any idea what to invest in, companies like FRO, STNG, NNA, EURN would be the ones, especially looking forward. I feel that that NAT and Cramer interview really fucked everything up. NAT was made out to be the best tanker company, and many people won't have that misconception corrected for awhile, if ever. Then factor in all the other misconceptions about tankers and shipping and you have a horrible mixture that results in a tremendous downward pressure on other tanker companies.

[Anonymous No.19475341]

>>19474791
I don't see why oil won't be hit bad. What, people think Trump mobilizing the military on citizen is going to go full retard and we are going to have tanks and vehicles jugging gas like no tomorrow patrolling the streets? It is a bit annoying to say the least.

>>19475157
The NAT misinfo kills me, and Cramer went on later when asked about tankers in general to say they all suck and shouldn't be touched.

[Anonymous No.19475606]

>Cramer tells everyone FRO’s a bad buy right before the fat divvy ex. date.

[Anonymous No.19475770]

>>19474604
Honestly, I've only been seeing bullish news for tankers long term. Barring fusion reactors making petrochemicals obsolete in a matter of years, nothing but green quarters should be ahead for tankers. Even if this trade war with China picks up, we should see tanker rates rise, especially since the global oil supply has been constricted, oil demand looks like it's recovering, and the global fleet is shrinking. This was a very high volume dump, looking at FRO's #s, so I'm curious to see what will come of it. Might be indicative of another dump to come.
>>19475341
Cramer is a moron. I'm honestly convinced he's the reason tankers are up shit creek right now. He built up a tidal wave of enthusiasm, then after that wave came crashing down, he decided to kick tankers while they were down. His show also soured hedge funds on tankers, since they want to short retail.
>>19475606
Did he just do that?

[Anonymous No.19475796]

>buys more TNK to average down
>immediately plummets

[Anonymous No.19475922]

>>19475770
I genuinely hate Cramer, he gives the shittiest advice and causes people to lose money all the time. He also 180's frequently without any reason. But people still follow him because they like his antics/shouting.

but why high volume dump though. Just why?

[Anonymous No.19476179]

>>19475922
Yeah, the high volume is worrying me. There's no reason for it. A low volume dump after a jump in price, sure, but a dump with this volume? Why? Either its an anomaly and FRO is headed to +$9 again tomorrow, with other tankers recovering as well, or we're about to feel an extreme amount of pain for no reason again. I'm optimistic, but we'll see. I probably won't look at my broker for a week or two.

[Anonymous No.19476253]

Life is gay

[Anonymous No.19476361]

>>19476179
>FRO highest buy rating
>FRO strong dividend
>FRO consolidating the industry
>FRO earnings estimates literally rising every week for Q2
>HIGH VOLUME DUMP

It genuinely doesn't make sense. And I find it worrying too.

[Anonymous No.19476388]

Is this the Boat Anchor General /bag/?

[Anonymous No.19476439]

>>19476361
>Pumped and dumped right before divies

[Anonymous No.19476788]

>>19476439
Unironically a true Bobo moment potentially.

[Anonymous No.19476897]

>>19475770

[Anonymous No.19477100]

>>19476897
Good lord, fuck Cramer.
>businesses making steady profits aren't worth it if they don't have a growth forecast indefinitely
>Clearly shipping companies and half of REITS don't fucking exist or are profitable.

Not everything is a Facebook filled with absolutely nothing but hope and promises only, some are actual businesses focused on making money instead of supplying constant hopium.

[Anonymous No.19477109]

>>19476897
Kek fuck Cramer he shilled nat not a month ago

[Anonymous No.19477237]

>>19476897
Boomers get the rope.

[Anonymous No.19477456]

>>19476897
lol what a fag. How is FRO not an investment?

[Anonymous No.19477532]

>>19473613
Looks like Qatar Petro just ordered 100 LNG carriers. Largest shipbuilding agreement in history.
https://splash247.com/qatars-record-breaking-ship-order-the-big-picture/

[Anonymous No.19477567]

>>19473613
Not sure if anybody was planning on investing in Seadrill, but they will be delisted from NYSE. They were under $1 anyways.

[Anonymous No.19477593]

>>19477456
Also this.
>Most tankers paying off debt
>FRO the only outlier and is using the cash to buy other companies to diversify and to complete mergers

Out of all the tankers, FRO is the one that would best fit the definition of an investment. I mean, it does take crass iron balls to make more money than you can shake a fist at, then choose to not just keep your debt but ADD to your debt and try to grow. FRO has insane balls.

[Anonymous No.19478143]

>>19473613
Jesus christ, you guys are still here?

[Anonymous No.19478156]

Looks like FRO is recovering with decent volume (knock on wood). But level II data doesn't look too good.
>>19477532
This almost ensures that tanker companies won't be able to flood the market again to drive down rates, for a while anyways. With IMO 2020, IMO 2030 on the horizon, and now this, how much weaker has the long-term bear thesis gotten? A global catastrophe or a complete decoupling from oil would be needed to bankrupt tanker companies, which seems to be what people expect.
>>19477593
>>19477456
Nah, companies like NAT are real investments. Small fleet, no diversity, old ships, still has tons of debt. Couldn't ask for better fundamentals. BTW NAT has almost erased all losses it had for today:) What a great market, no?

[Anonymous No.19478366]

>>19473613

Sanctions are starting (against the Greeks, lol).
Lets hope COSCO finds itself under scrutiny again.

https://www.tradewindsnews.com/tankers/us-puts-greek-tankers-on-venezuela-sanctions-list/2-1-818569

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20200602.aspx

[Anonymous No.19478534]

>>19478366
They'll leave little TNP alone, right?

[Anonymous No.19478559]

>>19478143
Tankers are the future.

[Anonymous No.19478629]

>>19478366
Shit might be why nna dived.

[Anonymous No.19478839]

>>19478156
Dash to trash. Thankfully FRO's 60 cent dump seems temporary.

>>19478366
>Greek sanctions due to venezuela
Kek

[Anonymous No.19478997]

Tankies.....Oil....is.....up......again

Reminder, buy some USO ;)

Oil going to 50 by next month.

[Anonymous No.19479088]

>>19478839
>Thankfully FRO's 60 cent dump seems temporary.

I used it to buy more shares. If people want to dump their FRO shares a day before the divvies who am I to stop them? Looking forward to getting $300+ in FRO divvies later this month.

[Anonymous No.19479652]

>>19478534
Using the second link, it doesn't seem like TNP had any ships sanctioned.
>>19479088
>Looking forward to getting $300+ in FRO divvies
Only $300, never gonna make it lad. Get those dividends up. Joking aside, I will continue to risk tankers due to dividend and volatility.

[Anonymous No.19479816]

>>19479652
>Only $300, never gonna make it lad. Get those dividends up. Joking aside

Only had $4,000 available to throw at it. I dream of a day where I can make comfy passive income and eject myself from dealing with co-workers for money.

[Anonymous No.19479988]

>i went all in on STNG

[Anonymous No.19480026]

>>19479988
Jettisoned my STNG this morning via stop loss. Made like 30 cents. Thankfully I put most of my money in FRO.

[Anonymous No.19480041]

>>19479988

I'm gonna hold, I will be the sacrificial bag holding lamb

[Anonymous No.19480149]

Well. Today could of gone a lot worse. Fuck this market though, that EOD rally. This market is sinful for how irrational it is.

>>19479088
If only I had the cash to do so.

[Anonymous No.19480837]

>>19480149
That end had some nice green volume, no absurd green 10 min candles, but it's a solid volume to build on.
>>19479988
Ah, a gambling man. What price?

[Anonymous No.19480981]

>>19480837
Yea, end of the day had some hope. Too bad STNG didn't bounce back any. Too bad since my price to break even there is 17.5.

[Anonymous No.19481021]

>>19479652
Saw that and was relieved, the headline inspires a certain anxiety though.

>>19479988
>>19480041
It's a very pissy biscuit to be eating chums, I feel for you.

How are we feeling leading up to TNP's earnings on Thursday? Suspect any good news there is moot unless we see an alleviation of the downward pressure on rates, but here's hoping.

[Anonymous No.19482308]

>>19473695
>HOLD ON SEA CAT
HOLD ON SEA CAT!