/tsg/ Tanker Stock General

[Anonymous No.19454658]

They can’t burn the tankers edition

>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.
There’s hundreds and bankruptcy seem likely for many.

>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:

>>19405592

[Anonymous No.19454722]

>>19454658
Today is a good day OP. Smooth sailing, clear skies, calm seas. This is enjoyable so far. Guess cities burning down is good for those who live on the water.

[Anonymous No.19454955]

>>19454658
Comfy divvies and good returns will come to you, but only if you reply "HOLD ON SEA CAT" in this thread

[Anonymous No.19454967]

>>19454658
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.19455016]

what's the best buy at these prices? I'm thinking it's EURN. INSW and FRO are on fire, holy crap.

[Anonymous No.19455033]

>>19454722
based
>>19454955
HOLD ON SEA CAT

https://twitter.com/fisionandome/status/1267400330075144192

[Anonymous No.19455048]

>>19454722
Yes, seems good so far.
Rates still maintaining 60k.
Kek. These threads have been distilled to only the most loyal tankerchad,

[Anonymous No.19455050]

>>19454955
HOLD ON SEA CAT

>>19455016
EURN for sure, and still go big divvy. STNG too as well, anything below 20 is good longer term on STNG and below 18 is an absolute amazing bargain. FRO is strong af but because it has been so on fire and performing so awesome lately I don't know whether to recommend to buy or wait for a dip, it's momentum can be interpreted in both ways.

[Anonymous No.19455083]

>>19455016
>>19455050
Ah, forgot that STNG is above 18. Still an absolutely fantastic deal at this price, it doesn't matter.

>>19455048
It is great, and barely any shills. Mainly because we are being vindicated now I suppose. Very comfy again, and very comfy bottom for rates has been found.

[Anonymous No.19455164]

>>19455016
I'm in all three, here are my thoughts:

EURN is the best bet if you have any sort of interest beyond the immediate term (which you should consider). Excellent market position and competently run. FRO is another good option from a value perspective and has a lot of positive interest at the moment which will bump the price if you're thinking more short term. INSW, well, is an odd one - they are soundly run but overly conservative in their approach (for example they're paying $0.06 divvies on $20 shares during an immensely successful quarter), but they don't seem to attract the same kind of interest others do.

Shop around, there are other decent buys in the tanker market too - although you've picked two of the more promising ones already.

[Anonymous No.19455211]

>>19455164
I backed out a bit last week before we saw the two red days and am looking to see what looks good for re-entry. I'm glad EURN seems to be keeping $10 strong. I think I'll throw some more that way and a bit back into STNG.

[Anonymous No.19455314]

>>19455211
Makes sense to pick your moment - quite a few people were burned FOMOing at the beginning. Unfortunately STNG aren't covered by my broker but from what i've seen they're in a good position to dominate the tanker market once scrappages kick in - good choice.

[Anonymous No.19455623]

>>19455314
The burning out was sad. They literally burned out right before they recovered to the start of this, so those who sold lost a bunch of money. At least if you sold now you would of made a profit on everything but NAT and DHT.

[Anonymous No.19455805]

>>19455623
Yah I was down almost 4k the last few weeks but now I'm just below break even and the momentum hasn't stopped. Very happy that the fundamentals are starting to kick in, rates are going up etc etc.

Seems as though the Brandons have left, and we've been distilled down to the true /tanker/chads.

Can't wait to see how this week turns out, cautiously optimistic as always.

Positions:
FRO
STNG - bigly
EURN

[Anonymous No.19455956]

>>19455050
>FRO is strong af but because it has been so on fire and performing so awesome lately I don't know

FRO’s ex. div date is in a couple days. May go up until then but who knows. Pretty hefty divvy.

[Anonymous No.19456025]

>>19455805
Hell hour is hour, and I am still profiting. This is nice.

I was down 26% overall as I mentioned, fully recovered and only a bit down, creeping to a bit up back and forth....all DHT to blame, but the fact that I am back to where I was despite sizable DHT holdings says a lot.

Everyone here is in it for the longer run, though miss oilanon. I would like to see him again even if Brandon was a cost to have him back. My positions are the same, but with DHT. DHT, FRO, EURN, and STNG. 500/200/500/200 shares respectively. Hence...DHT is my anchor, kek.

>>19455956
Very hefty divvy. Very happy profit run. I will gladly let it keep making me money today and tomorrow, the divvy is Wednesday. Might stay up after that due to divvy holders, or go up more. If people buy for divvy, they tend to hold for more than 1 quarter which is a good thing. Bit of small sell off possibly after divvy subtraction, then all good. I am not worried in the slightest about FRO.

[Anonymous No.19456327]

Hello fellas, new to this stuff and figuring out which would be the most worthwhile stock to invest in, for my first time etc etc, also a leaf if that changes anything

[Anonymous No.19456354]

>>19455016
Eurn is always a solid. I'd say if you choose one, it's eurn. My strongest picks have been Eurn, Fro, and NNA (up 16% total for me with a .3 divvie at $6 a share).

[Anonymous No.19456380]

>>19456327
EURN and FRO are both dipping right now, so either would be a good pick up.

[Anonymous No.19456407]

>>19456327
For conservative divvie approach, eurn and fro are good. I'm a fan of nna too, but they have risen in price, but consistent divvie. DHT is also low atm.
For capital gains approach, stng is cheap atm, and I have tk and tnp but tnk is also recommended from what I have seen.
I believe in more if a basket approach but if you are picking just small groups I would say Eurn/fro for conservative and stng for spikes.

[Anonymous No.19456710]

>>19455623
It was sad, but completely understandable at the time - the whole experience has strengthened my hands when i'm confident in the fundamentals, which I am here, and for that i'm grateful.

>>19456327
If you decide to go /tankers/ then go with the other suggestions, i'd recommend you do a little digging before you do just to make sure you fully understand the ways tankers make their money/what negatively impacts them/how shipping cycles work at a basic level. There's a lot of moving parts that can torpedo your tenacious little (massive) ships or put wind in their sails. Oh and i'd recommend brass balls, because they'll buck like mad occasionally.

[Anonymous No.19456759]

>>19456710
My mental gymnastics assumed investing in oil and fuel would be better in the long term, like 10ish years or so, if thats still efficient, but youre right, been using the lockdown to just research and figure out what's sus or not, right now with all the tension in the world, i just feel like every passing day im gunna miss my chance in investing into something pretty low, and id be making nothing but a profit from then on, etc etc

[Anonymous No.19456868]

>>19456759
I get what you mean but FOMO is not your friend, kind anon. You want to do your best to stamp those thoughts into the ground. Your fear would be realised if we were hitting a V-shape recovery globally, but that isn't happening - you'll have plenty of time to do your due diligence and pick stocks while we splutter and stop/start our way back to where we were at the end of last year on a consistent basis.

Some anon came across this thesis a while back, a lot of it isn't relevant to ourselves but there's some very good explanations of core concepts/historical context that are probably useful in your position. If you have a spare half hour i'd recommend skimming the relevant parts. https://globalmaritimehub.com/wp-content/uploads/attach_427.pdf

[Anonymous No.19457087]

>>19456710
My hands have been strengthened too, this has been a hell of an experience. Now all I lost is back, and if I get just a bit more I can look firmly in anyone's eyes and go I made good money. I would be able to right now actually if not for DHT, just....oof. Please recover already DHT. So true about this shit bucking like crazy though and with an enormous host of factors behind it, this sector is unironically deep af.

>>19456759
Also, I agree with >>19456868 . You aren't missing anything, just have patience. Maybe from tankers, but with this market as a whole you aren't missing a thing as it will go down.

[Anonymous No.19457271]

>he didnt buy REFR under 5

[Anonymous No.19457558]

yay were back

[Anonymous No.19457959]

>>19457558
back to 30% down?
woooooooooooooooooooo

[Anonymous No.19458149]

>>19457959
>back to 30% down?

i dont know i havent checked my stocks i a week or so. hows everything going? mine were bouncing back big time, especially FRO

[Anonymous No.19458477]

>>19457959
>30% down
>not 4% up from starting point before the month long dip

Try harder Brandon, green day and we are already stronger than before. FUD can't work when we're making money.

>>19458149
Pretty well unless you own NAT or DHT. And of course, if you bought DHT at lows you are doing very well anyways.

[Anonymous No.19458883]

>>19456025
>If people buy for divvy, they tend to hold for more than 1 quarter which is a good thing.

I picked up a bunch more FRO recently and was thinking about selling it after divvy so I can swing trade again (most of my money is tied up in it now), but now am seriously thinking of holding for future divvies as I'd be making about $100 a month just on just FRO. Pretty comfy. Might just pick a stop loss and hold it forever until it hits it.

[Anonymous No.19459063]

>>19457271
I hate it when fucking REFRfags beat my returns

[Anonymous No.19459695]

TNK tracking almost precisely as an oil inverse right now, this is super annoying, hopefully the OPEC meeting gives me an exit point.

[Anonymous No.19459799]

>>19459695
That's funny because tankers in general have long since decoupled from tracking it. I don't know wtf is going on for their algorithms.

[Anonymous No.19459901]

When will DHT get above 7 so I can dump my bags?

[Anonymous No.19460010]

Are tabi socks appropriate footwear for tanker crews?

[Anonymous No.19460011]

>>19459901
Million dollar question, my friend.

[Anonymous No.19460037]

HODL DHT MUHREENS
HOOOOOOOOOOOOOOOOOOOLD

[Anonymous No.19460158]

>>19459901
At some point. Keeps trending up. How long it will take? Who is to say. All you know is over time you are making your money back.

>>19460010
100% yes, yes, YES you lewd anon. They are perfect for traction, and even if they definitely will get dirty that is what the captain is for to inspect and make sure to keep them clean. They will insulate your crew's feet during cold days and nights too, but on hotter days the sweat will definitely dampen them making cleaning upkeep take a while longer, but the extra effort is worth it for your crew's comfort.

[Anonymous No.19460179]

>>19459695
When's the OPEC meeting out of interest?

>>19460010
2lewd4me, also they wouldn't stay white for long anon, sorry


Alright tankerchads, I have some bullish links for you:

https://www.hellenicshippingnews.com/tanker-newbuildings-hard-to-come-by/
https://twitter.com/GregVous/status/1267494317201010695 - still >60k rates, fucking hell lmao

[Anonymous No.19460191]

>>19460158
god bless you footanons

[Anonymous No.19460251]

Oil will be $38 next week. $50 in July. Free to Screencap this.

[Anonymous No.19460386]

>>19460179
Very bullish anon. Nice.

>>19460191
Bless you too doggo lover.

[Anonymous No.19460457]

>>19460251
End day pump, dump, or crab? I feel like it's gonna crab.

[Anonymous No.19460472]

>>19460158
>>19460179
Regardless of what footwear, if any, crew has on, it's going to get sullied over time. Even deckhands sitting indoors are going to eventually end up with dirty socks and feet.

Really, unless you want to use fresh water from tanks to do laundry, the best that could be done is manually inspecting each crew members' feet and socks on the regular. Preferably with a comprehensive visual, tactile, smell, and taste test. If cleaning is necessary, you have to make that choice between using freshwater, or having the necessary staffing for a manual clean up.

[Anonymous No.19460492]

End day pump, dump, or crab? I feel like it's gonna crab.

[Anonymous No.19460582]

>>19460472
Freshwater is a precious commodity on a ship out at sea where one could die of dehydration. Using freshwater to wash away the accumulated dirt is out of the question, really, the only option available is to sample all feet and footwear on the daily across a regimented cyclical schedule flowing throughout the day so every crewmember can be examined thoroughly. You have to go down low and your knees will hurt, and every foot and sock is going to end up memorized, but the focus and dedication will be rewarding as any touch, sniff, or taste will tell you along with the mere sight what needs upkeep and cleaning. Manual staffing is the way to go, even if you have to take every shift yourself in order to display this absolutely necessary feature for your crew and ship. The use of freshwater is only acceptable to ensure you produce enough manual liquid from your mouth to wash things sufficiently.

>>19460492
Hoping for pump, likely crab.

[Anonymous No.19460626]

More riots tonight or nah?

[Anonymous No.19460668]

>>19460626
Riots all week. 100%.

[Anonymous No.19460710]

>>19460492
Looks like the babbiest of dumps for me - getting that traditional PM pump correcting it though.

>>19460626
They'll riot until something is done or they run out of steam. They're not running out of steam anytime soon.

[Anonymous No.19460775]

>>19460710
baby dump too, but still up above 1% today thanks to that small FRO AH pump just now. Smol profit day.

[Anonymous No.19460866]

>>19460775
Just to remind you, if you're going to have a loli detachment, they aren't really known for being extremely cleanly.

Even if they have smaller feet, it can still be a whole lot of work to clean up after a long day.

[Anonymous No.19460994]

>>19460866
Fine by me. After all, lolis are useful due to their small size, they can clean and operate many tight spaces and areas and are integral to the crew. If I have to suffer extra effort cleaning....well, that is just the price I am willing to pay and I will rub my face into darkened soles if I have to.

You are too lewd for me anon, I need to take a nap. smol profit day, now smol nap after talking about smol feet.

[Anonymous No.19461130]

Should I sell my NAT and DHT? The opportunity cost is getting too high.

[Anonymous No.19461143]

>>19460994
Just remember that if you make a mess while doing an inspection, you have to clean it up.

Warm and sticky feet will just collect tons more dirt and grime that'd have to be cleaned off, and it'll all soak into their socks and dry out.

Unless you're fine with that and intend to clean it later... But it has to be done at some point.

[Anonymous No.19461471]

>>19460179
>When's the OPEC meeting out of interest?
June 9/10, some chatter about moving it up to June 4

[Anonymous No.19462717]

>>19461130

thats what everyone is wondering.

my NAT is down 10% and my DHT is down 16%. but i only had 500$ total into those companies. FRO remains my largest position in the tanker market. over 1000$ in FRO

I sold my OSG for a very slight profit after being down something like 18% for a couple of weeks. Will probably do the same with NAT and DHT and consolidate my positions to just 1or 2 tankers

EURN is also down for me but i bought at the top like a moron. EURN needs to get back to 11.80 for me to break even. Only like 300$ in EURN though

believe it or not my best stock for the past month has been Facebook.

[Anonymous No.19462791]

>>19462717
Personally holding my DHT. If it stays between 5.5 and 6.5, I'll think about swinging if EURN goes under 9-ish or FRO gets under 8 ish.

[Anonymous No.19462845]

>>19462717
>believe it or not my best stock for the past month has been Facebook.

forgot to add GDXJ, junior gold miner stock. thats up 10% over the past 3 weeks

[Anonymous No.19462949]

>>19461471
Thanks anon

[Anonymous No.19463684]

>>19461143
With every great boon comes a great cost. It shall be met and depending on conditions of my current capability dealt with immediately or if in need of a timely break swiftly dealt at soonest convenience despite the new accumulations.

>>19462717
>NAT
How unfortunate. But glad you got EURN and FRO, EURN can break out at any moment and FRO is strong af right now. DHT....who knows, it is a strong company and the stock is lagging. I hate Facebook more than the military industrial complex and won't be caught dead with my money in them.

[Anonymous No.19463956]

>>19463684
>I hate Facebook more than the military industrial complex and won't be caught dead with my money in them.

i dont like them either but they print friggin money every damn day.

>NAT
my NAT position is literally 200$ i could give a shit really, it was always a gamble play for me. DHT i was not expecting this lag

[Anonymous No.19464109]

All the Tanker tourists flushed. Higher highs, higher lows. Silver and gold mooning. Life's good.

[Anonymous No.19464257]

Mariusz compares the biggest names in the Tanking sector.

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

[Anonymous No.19464953]

>>19463684
do you think that a broad market swing will threaten your unrealized gains? I'm considering easing on the DCA for a month.

[Anonymous No.19465538]

>>19454658
Is lpg the best tanker stock? A month ago I almost entered into this shit show but thankfully I bought only the refineries instead (PSX vlo MPC).

However this LPG (Dorian) keeps popping up on all my screeners.

Is this a good stock? I almost feel compelled to buy. Any opinion is greatly appreciated

[Anonymous No.19466560]

>>19465538
I looked into it as well. It's a different type of tanker company from the ones we usually talk about in this thread. Dorian LPG specializes in the transportation of liquefied petroleum gas and nothing else. The tanker craze was fueled by the crude oil glut. That's why Dorian LPG was left out, it's not a crude tanker company. I have no idea what the state of the liquefied petroleum gas market is, as I only know about the crude side of tankers, and a bit about the product side. So short-term, I have no idea what factors will affect this stock, I don't even know the going spot rate for a VLGC. That being said, the reason crude and product tankers look good in the future is because they seem to be approaching a supercycle, due to the global fleet situation. Dorian LPG seems to have a very young fleet w/ a lot of the current environmental restrictions meet. So if the Very large gas carrier (VLGC) market gets caught up in the tanker supercycle, this company may be a good long-term hold. Though, that young fleet probably means they have a large amount of debt. I have this stock earmarked for further research, but haven't gotten into it. If you want to buy I'd recommend doing very in-depth research. The shipping market is volatile as hell, so you'll want to know what you bought. I advise extreme caution when investing in tankers, they're not for the slight of heart. Here's their website:
http://www.dorianlpg.com/Home/default.aspx

[Anonymous No.19466617]

>>19465538
Best advice I could give is to do your own deep-dive into the company and market.

[Anonymous No.19466702]

>>19466560
>>19466617
Thanks. I always try to learn the business before investing and I like reading articles and analysts opinions too. I don't know that much either about this but it pops up in a lot of my screeners. At first I ignored because of the line of business but then I got intrigued

Thank you though

Thank you though

[Anonymous No.19467753]

>>19466702
Petro is currently good to get into, at least I think. With overall traffic staying down (both jet and public) it means we are holding an oversupply of petroleum. At least from what I've read. Major petro companies include lpg and stng. Worth investing, especially if you are trying to capture the whole tanker market (crude, natural, petro, chemical, off shore)