TORM plc (CPH: TRMD.A)

Denmark flag Denmark · Delayed Price · Currency is DKK
247.20
+6.20 (2.57%)
Aug 30, 2024, 4:59 PM CET
44.31%
Market Cap 23.34B
Revenue (ttm) 11.33B
Net Income (ttm) 4.96B
Shares Out 94.42M
EPS (ttm) 54.59
PE Ratio 4.53
Forward PE 6.51
Dividend 38.93 (16.15%)
Ex-Dividend Date Aug 28, 2024
Volume 421,769
Open 241.20
Previous Close 241.00
Day's Range 241.00 - 247.80
52-Week Range 166.60 - 280.00
Beta -0.11
Analysts n/a
Price Target n/a
Earnings Date Nov 7, 2024

About TORM plc

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Exhaust segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom. [Read more]

Sector Energy
Founded 1889
Employees 579
Stock Exchange Nasdaq Copenhagen
Ticker Symbol TRMD.A
Full Company Profile

Financial Performance

In 2023, TORM plc's revenue was $1.52 billion, an increase of 5.34% compared to the previous year's $1.44 billion. Earnings were $648.27 million, an increase of 15.20%.

Financial numbers in USD Financial Statements

News

TORM plc (TRMD) Q2 2024 Earnings Call Transcript

TORM plc (NASDAQ:NASDAQ:TRMD) Q2 2024 Earnings Conference Call August 15, 2024 9:00 AM ETCompany ParticipantsJacob Meldgaard - Executive Director and Chief...

16 days ago - Seeking Alpha

TORM plc (TRMD) Q2 2024 Earnings Call Transcript

TORM plc (NASDAQ:NASDAQ:TRMD) Q2 2024 Earnings Conference Call August 15, 2024 9:00 AM ETCompany ParticipantsJacob Meldgaard - Executive Director and Chief...

16 days ago - Seeking Alpha

Howard Marks Adjusts Portfolio, Major Moves in TORM PLC

Howard Marks Adjusts Portfolio, Major Moves in TORM PLC

17 days ago - GuruFocus

Insights Into Cheniere Energy's Performance Versus Peers In Oil, Gas & Consumable Fuels Sector

In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry com...

19 days ago - Benzinga

These seven tanker stocks are set for upside amid Red Sea disruption, says Evercore

A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.

7 months ago - Market Watch

5 High-Yielding Stocks in Sarah Ketterer's Portfolio

Investing in companies that pay dividends while prices are down is one way investors can hedge their portfolios against inflation and other headwinds. While there is always a risk of the dividend bein...

1 year ago - GuruFocus

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

2 years ago - FreightWaves

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil ...

2 years ago - FreightWaves

Capital increase in TORM due to exercise of Restricted Share Units as part of the Company's incentive program

TORM plc (“TORM”) increases its share capital by 19,494 A-shares (corresponding to a nominal value of USD 194.94) as a result of the exercise of a corresponding number of Restricted Share Units.

2 years ago - GlobeNewsWire

TORM plc Third Quarter Report 2021

“ The market for refined oil is at present negatively impacted by the restricted crude supply not meeting demand, thereby drawing onshore stocks resulting in stock levels that are below five-year lows...

3 years ago - GlobeNewsWire

TORM plc to announce third quarter 2021 results

TORM plc (“TORM”) (ticker: TRMD A on Nasdaq in Copenhagen and TRMD on Nasdaq in New York) will release its financial results for the third quarter of 2021 on Wednesday, 10 November 2021.

3 years ago - GlobeNewsWire

Notification of major holdings in the Company

Pursuant to Section 38 of the Danish Capital Markets Act and Section 55 of the Danish Companies Act, TORM plc hereby announces that:

3 years ago - GlobeNewsWire

TORM plc Second Quarter and Half-Year Report 2021

“In the second quarter of 2021, TORM achieved an EBITDA of USD 45m and a profit before tax of USD 2.4m, despite a market which is still impacted by the pandemic. In Q2 2021 , we have seen an increase ...

3 years ago - GlobeNewsWire

TORM plc to announce second quarter and first half 2021 results

TORM plc (“TORM” or the “Company”) (ticker: TRMD A on Nasdaq in Copenhagen and TRMD on Nasdaq in New York) will release its financial results for the second quarter and first half of 2021 on Tuesday, ...

3 years ago - GlobeNewsWire

Capital increase in TORM in connection with delivery of vessel

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has inc...

3 years ago - GlobeNewsWire

TORM plc First Quarter Report 2021

“In the first quarter of 2021, TORM achieved an EBITDA of USD 19m, in a market which continues to be impacted by the pandemic. Further I am pleased that we have just purchased three LR2 vessels on top...

3 years ago - GlobeNewsWire

TORM purchases three 2015-built scrubber-fitted LR2 vessels

TORM has today entered into an agreement to purchase the three 2015-built scrubber-fitted and fuel-efficient LR2 vessels Nissos Schinoussa, Nissos Heraclea and Nissos Therassia from Okeanis Eco Tanker...

3 years ago - GlobeNewsWire

TORM plc to announce first quarter 2021 results

TORM plc (“TORM” or the “Company”) (ticker: TRMD A on Nasdaq in Copenhagen and TRMD on Nasdaq in New York) will release its financial results for the first quarter of 2021 on Wednesday, 12 May 2021.

3 years ago - GlobeNewsWire

Results from TORM plc's Annual General Meeting on 14 April 2021

TORM plc (the “Company”) announces that all the resolutions set out in the notice of the Annual General Meeting dated 01 March 2021 were duly passed on a poll at today's Annual General Meeting. The re...

3 years ago - GlobeNewsWire

TORM plc – Notice of and complete proposals for the Annual General Meeting 2021

Enclosed please find the notice of and the complete proposals for the Annual General Meeting of TORM plc to be held on 14 April 2021.

3 years ago - GlobeNewsWire

TORM plc Annual Report 2020

“I am very pleased that our integrated One TORM platform enabled us to deliver a solid EBITDA of USD 272m and a considerable cash return to shareholders totaling USD 71m in dividends during 2020. I am...

3 years ago - GlobeNewsWire

TORM purchases eight MR product tankers with chemical trading capabilities from TEAM Tankers in a partly share-based transaction

TORM has today entered into an agreement to purchase eight 2007-2012 built MR product tanker vessels from TEAM Tankers Deep Sea Ltd. for a total cash consideration of USD 82.5m and the issuance of 5.9...

3 years ago - GlobeNewsWire

TORM plc to announce the full-year 2020 results

TORM plc (“TORM” or the “Company”) (ticker: TRMD A on Nasdaq in Copenhagen and TRMD on Nasdaq in New York) will release its financial results for 2020 on Monday, 1 March 2021.

3 years ago - GlobeNewsWire

TORM plc financial calendar 2021

TORM plc expects to issue financial statements and convene its Annual General Meeting on the following dates in 2021:

4 years ago - GlobeNewsWire

Top Oil and Gas Stocks for Q1 2021

These are the oil and gas stocks with the best value, fastest growth, and most momentum for Q1 2021.

4 years ago - Investopedia