BE0003816338 - Common Stock
Pre-market stock movers are worth checking out on Wednesday as we offer up all the latest news sending shares higher and lower this morning!
EURN stock results show that Euronav beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Euronav (NYSE:EURN) just reported results for the first quarter of 2024.Euronav...
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Pre-market stock movers are worth checking out as we dive into all of the biggest movements worth reading about on Wednesday morning!
Michael Burry had a busy Q4, per a recently released 13F filing for his fund, Scion Management. What stocks did Burry buy last quarter?
Jefferies downgraded Eagle Bulk Shipping and Euronav to Hold, citing factors such as merger pricing and capital expenditures.
For investors seeking passive income, these stocks with dividend yields over 10% represent companies that have clear cash flow visibility.
For investors looking to gain more exposure to the energy market, here are a few options that are performing well.
Golar LNG stock last year posted EPS growth of 252% and 999%+ in the last two quarters. It's been consolidating this year.
Monday Cheniere Energy Partners stock traded around 54.77, down from the all-time high but still up nearly 200% in the last 3-1/2 years.
Frontline (FRO) confirms $2.35B deal to acquire 24 crude carriers from Euronav (EURN), ending an 18-month stalemate and expanding its fleet size.
Euronav shareholder CMB offers to acquire Frontline's 26% stake in the company, as part of a proposed deal that includes Frontline buying 24 VLCCs from Euronav's fleet for $2.35B.
Scorpio Tankers stock saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 78 to 84.
Torm saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
MPLX stock had its Relative Strength Rating upgraded to 71 Wednesday -- a nice improvement, but still shy of the 80-plus score you look for.
Looking for stock to put on your watch list? Focus on stocks with an 80-plus RS Rating such as Scorpio Tankers stock, with a new score of 81.
On Tuesday, Euronav got an upgrade for its IBD SmartSelect Composite Rating from 94 to 97.
Finding shipping stocks to buy can provide some fantastic returns to investors. But you also have to be prepared for some volatility.