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Aandeel Euronav BRU:EURN.BL, BE0003816338

  • 14,250 14 jun 2024 17:35
  • -0,080 (-0,56%) Dagrange 14,190 - 14,480
  • 29.117 Gem. (3M) 186,2K

Forum geopend voor Euronav

19.355 Posts
Pagina: «« 1 ... 152 153 154 155 156 ... 968 »» | Laatste | Omlaag ↓
  1. Lammetod 21 september 2016 10:00
    Analyzing the Crude Tanker Industry's Performance in Week 37
    PART: 1234
    Analyzing the Crude Tanker Industry's Performance in Week 37 PART 1 OF 4
    How Did the Crude Tanker Industry Perform in Week 37?
    By Sue Goodridge | Sep 20, 2016 12:45 pm EDT
    Baltic Dirty Tanker Index
    For the week ending September 16 (week 37), the BDTI (Baltic Dirty Tanker Index) rose to 561 from 542 at the beginning of the week. The index rose every day of the week.

    How Did the Crude Tanker Industry Perform in Week 37?

    The BDTI tracks shipping rates for the transportation of crude oil (DBO) on representative routes. Researchers and analysts follow this index to assess companies’ revenue and earnings potential.

    In week 37, the index was lower than the level last year. On average, the index was 13.5% lower than the same period last year. The crude tanker business is seasonal. It’s important to look at its year-over-year performance.

    Stock performance
    Week 37 was a mixed week for crude tanker investors. Frontline (FRO) and Nordic American Tankers (NAT) ended in positive territory, while other companies ended in negative territory. Below are the stock returns of tanker companies for the week ending September 16—compared to their prices the week before:

    Frontline (FRO) and Nordic American Tankers (NAT) rose 1% each.
    DHT Holdings (DHT) fell 2%.
    Teekay Tankers (TNK) fell 1%.
    Tsakos Energy Navigation (TNP) fell 1%.
    Navios Maritime Midstream Partners (NAP) fell 6%.
    Gener8 Maritime (GNRT) fell 10%.
    Shipping companies account for 19.7% of the Guggenheim Shipping ETF (SEA). SEA fell 4% during week 37. If you’re interested in broad exposure to the industrials sector, you can invest in the SPDR Dow Jones Industrial Average ETF (DIA).

    In the next part of this series, we’ll discuss the crude tanker rate.

    Series focus
    We looked at tanker stock performances in week 37. Next, we’ll see which tanker performed better during the week. We’ll also look at the cost side of the tanker industry by reviewing bunker fuel costs. Finally, we’ll see how analysts’ sentiments changed in week 37.

    1M
    3M
    6M
    YTD
    1Y
    3Y
    5Y
    10Y
    Click Ticker Above to Show/Hide on Graph
    DIA
    FRO
    GNRT
    NAT
    TNP
    Sep 5th
    Sep 19th
    $178
    $180
    $182
    $184
    $186

    PART 2
    Analyzing the Crude Tanker Industry's Performance in Week 37 PART 2 OF 4
    Week 37: Suezmax Rates Rose 143% from Last Week
    By Sue Goodridge | Sep 20, 2016 12:45 pm EDT
    Tanker rates
    In the previous part of this series, we saw how the Baltic Dirty Tanker Index changed in the week ending September 16. In this part, we’ll take a look at crude (DBO) tanker rates. We’ll see which tankers performed the best in week 37.

    Week 37: Suezmax Rates Rose 143% from Last Week

    VLCC rates
    According to the Weber Weekly report, the Middle East VLCC (very large crude carrier) market was quiet in week 37 due to a pause between the September and October programs. On the other hand, the West African market was very active with 11 fixtures during the week. The fixture tally grew three-fold week-over-week. It was the highest since January.

    According to the same report, the VLCC rates on the benchmark route rose to $13,251 per day on September 16, 2016, from $11,461 per day recorded on September 9, 2016. DHT Holdings (DHT) and Euronav (EURN) primarily operate vlccs
  2. Risky bets 21 september 2016 10:04
    quote:

    Lammetod schreef op 21 september 2016 09:41:

    [...]

    Klopt heb zelf Tnk maar Risky bets zal hier wel een verklaring of gerust stellende woorden voor hebben
    Ik heb zelf TGP. Er is een sterke correlatie met olie en het zijn zowiezo hoog beta fondsen. Als WTI vanmiddag nog 45$ is, dan wordt vandaag weer een hele goede dag.
  3. Lammetod 21 september 2016 10:23
    Krijg het niet goed dan maar in 3 keer
    Suezmax rates
    According to the Weber Weekly report, in the West African Market, the return of Quo Iboe, Bonny Light, and Farcodes Grades increased crude tanker demand and benefited Suezmax tankers. These grades represent around 85% of the export volume. The tally of September Suezmax fixtures is the highest since March. The rate on the Suezmax benchmark route (TD20) rose to $16,124 per day on September 16 from $6,617 per day on September 2, 2016—a 143% week-over-week increase. Nordic American Tankers (NAT) only operates Suezmax vessels. Teekay Tankers (TNK) and Tsakos Energy Navigation (TNP) have Suezmax vessels in their fleet.

    Aframax
    The Caribbean Aframax demand was strong in week 37. According to the Weber Weekly report, 19 fixtures were reported—a 171% week-over-week gain. However, rates fell to $12,703 per day on September 16 from $16,949 per day on September 9.
  4. Lammetod 21 september 2016 10:46
    The following are analysts’ changes in the target prices in week 37:

    Tsakos Energy Navigation’s (TNP) target price by Axia Ventures was reduced to $7.5 from $10.5. It maintained “buy” rating on the stock.
    UBS, which has a “neutral” rating on Teekay Tankers (TNK), reduced the target price to $2.75 from $3 for the stock.
    ABG Sundal Collier increased the target price on Frontline (FRO) to $6.9 and maintained “hold” rating.
    Bank Degroof Petercam initiated coverage on Euronav (EURN). It has given Euronav a “buy” rating and a target price of $13.48.
    Consensus ratings
    After looking at the changes in analysts’ estimates in week 37, let’s look at analysts’ consensus recommendations below:

    Nordic American Tankers (NAT) – 12% of the analysts gave the company a “buy” recommendation, 63% gave it a “hold,” and 25% gave it a “sell.”
    Teekay Tankers – 33% of the analysts gave the company a “buy” recommendation, 47% gave it a “hold,” and 20% gave it a “sell.”
    DHT Holdings (DHT) – 47% of the analysts gave the company a “buy” recommendation, 47% gave it a “hold,” and 6% gave it a “sell.”
    Frontline – 21% of the analysts gave it a “buy” recommendation, 47% gave it a “hold,” and 32% gave it a “sell.”
    Euronav (EURN) – 65% of the analysts gave the company a “buy” recommendation, 30% gave it a “hold,” and 4% gave it a “sell.”
    Tsakos Energy Navigation – 83% of the analysts gave the company a “buy” recommendation and the remaining 17% give it a “hold” recommendation. None of the analysts give the stock a “sell” recommendation.
    If you’re interested in broad exposure to the industrials sector, you can invest in the SPDR Dow Jones Industrial Average
  5. Lammetod 21 september 2016 10:50
    Hè hè het laatste dan is timmeren op de bouw toch wel makkelijker dan mê computer werken
    Oil demand and tanker rates
    Lower crude oil prices encourage countries to import larger quantities of cheap oil to store for future use. This increases the crude oil tanker demand. It has a positive impact on tanker rates. Higher freight rates benefit the crude oil tanker industry.

    Bunker fuel prices
    Bunker fuel prices, the largest cost of running a ship, correlate with crude oil prices. For the week ending September 16, 2016, the average bunker fuel price was $296–$303 per ton. Bunker fuel prices are 1% lower than in the same period in 2015. Prices were $297–$306 per ton in the previous week.

    In terms of major ports, bunker prices at Rotterdam were $241–$247 per ton—compared to the previous week’s range of $242–$249 per ton. At the Port of Fujairah, bunker prices were $257–$267 per ton—compared to the previous week’s range of $254–$271 per ton.

    Lower bunker prices reduce operating costs and increase profits for companies such as Frontline (FRO), Teekay Tankers (TNK), Tsakos Energy Navigation (TNP), Nordic American Tankers (NAT), DHT Holdings (DHT), Gener8 Maritime (GNRT), Navios Maritime Midstream Partners (NAP), and Euronav (EURN).

    Bunker fuel prices also impact costs for product tankers and dry bulk shipping companies such as Navios Maritime Partners (NMM). Liquefied natural gas carrier companies such as GasLog (GLOG) and Golar LNG (GLNG) are also impacted by bunker fuel pricing.

    Investors who are interested in broader exposure to the industrials sector can consider the SPDR Dow Jones Industrial Average
  6. Risky bets 21 september 2016 11:22
    Een linkje plaatsen had ook een optie geweest :P

    Maar dat is terugkijkende informatie naar vorige week. Uiteraard staat daar niks nieuws in voor mij :P

    Sindsdien zijn Suezmax rates nog een stuk hoger opgelopen. Je kan er op verschillende manieren naar kijken trouwens:
    - Wow, hoe bizar laag waren de rates de vorige weken
    - Wow, 100%+ verhoging in een week
    - Gelukkig zijn de dayrates weer ongeveer op break even levels.
  7. Lammetod 21 september 2016 11:38
    quote:

    Risky bets schreef op 21 september 2016 11:22:

    Een linkje plaatsen had ook een optie geweest :P

    Maar dat is terugkijkende informatie naar vorige week. Uiteraard staat daar niks nieuws in voor mij :P

    Sindsdien zijn Suezmax rates nog een stuk hoger opgelopen. Je kan er op verschillende manieren naar kijken trouwens:
    - Wow, hoe bizar laag waren de rates de vorige weken
    - Wow, 100%+ verhoging in een week
    - Gelukkig zijn de dayrates weer ongeveer op break even levels.
    Ja moet toch eens een curcus volgen zit nu toch heel de dag thuis ( ben afgekeurd heb een zwaar ongeluk gehad ) mag en kan nie meer terug in de bouw mis het wel
    Was inkeer geval heel wa om te plaatsen volgende keer inderdaad uitzoeken hoe da moet
  8. Risky bets 21 september 2016 12:03
    quote:

    Seerder schreef op 21 september 2016 11:51:

    Risky denk je dat het nog een goed instap moment is voor TGP
    Het is mijn grootste positie, dus ja.

    Probleem is alleen wel dat er niet echt een positieve korte termijn catalist is. Het is erg goedkoop tov peers. En ik verwacht ergens in 2017 dat het dividend 5x zo groot als huidig wordt. De echte catalist is dus pas in 2017 (of eerder als het management in de kwartaal rapporten duidelijk gaan hinten dat ze dit willen gaan doen). Maar ik denk niet echt dat er nu haast bij is om in te stappen.

    Dit artikel gelezen? Vind dit artikel super inzichtvol en heel goed in het uitleggen van de TGP case:
    seekingalpha.com/article/4004734-teek...
19.355 Posts
Pagina: «« 1 ... 152 153 154 155 156 ... 968 »» | Laatste |Omhoog ↑

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