TORM
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TORM plc operates as a global product tanker company, focusing on the marine transportation of refined petroleum products, such as gasoline, jet fuel, and naphtha, alongside crude oil. As of March 23,...
Latest News
18 days ago · seekingalpha.com
13 Graham Value Dividend All-Stars (GVAS) Shine In OctoberOctober's top GVAS dividend stocks offer projected net gains of 27.17% to 67.83% by October 2027, with an average estimated return of 42.47%. Thirteen of twenty-seven 'safer' lowest-priced GVAS stocks are currently fair-priced and considered ideal for purchase, balancing positive free cash flow and dividend yields. Yield-focused strategies highlight energy and shipping names, but caution is advised for stocks paying dividends from borrowed funds or with negative free cash flow margins.
19 days ago · seekingalpha.com
Buy 7 October Dividend Power Dogs If You DareInvesco Mortgage Capital (IVR), MFA Financial (MFA), and five others lead the October Dividend Power list with high yields and 'safer' dividends backed by free cash flow. Top ten Dividend Power stocks are projected to deliver average net gains of 86.23% by October 2027, with analyst targets indicating significant upside potential. Dividend Power strategy focuses on high earnings yield and top dividend yield, favoring underpriced, high-yielding 'underdog' stocks for contrarian, income-focused investors.
21 days ago · prnewswire.com
TORM plc Upgrades Full-Year GuidanceHELLERUP, Denmark, Oct. 12, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, TORM has increased its full-year guidance for 2026. TORM now expects full-year 2026 TCE to be in the range of USD 1,700 – 1,900m and full-year 2026 EBITDA to be in the range of USD 1,300 – 1,500m, compared to previous guidance of TCE of USD 1,400 – 1,600m and EBITDA of USD 1,000 – 1,200m.
24 days ago · prnewswire.com
TORM plc Announces Change to the BoardHELLERUP, Denmark, Oct. 9, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) announces that, following Oaktree Capital Management and its affiliates no longer holding an ownership interest in TORM, Christopher Boehringer has stepped down from TORM's Board of Directors with immediate effect. Christopher Boehringer joined the Board in 2015 and has played an important role in supporting TORM throughout a period of significant transformation and growth.
25 days ago · prnewswire.com
Major Shareholder AnnouncementHELLERUP, Denmark, Oct. 8, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.à r.l. ("Njord Luxco") as of 6 October 2026 no longer holds any shares and voting rights in TORM plc.
26 days ago · prnewswire.com
TORM plc announces closing of secondary public offering of its class A common sharesHELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (Nasdaq: TRMD or TRMD A) today announces the closing of the previously announced secondary public offering of 6,329,874 (six million three hundred twenty-nine thousand eight hundred seventy-four) of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates.
26 days ago · gurufocus.com
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive programTORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive programPR NewswireHELLERUP, Denmark, Oct. 7, 2026HEL
27 days ago · prnewswire.com
TORM plc announces pricing of secondary public offering of its class A common sharesHELLERUP, Denmark, Oct. 6, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 6,329,874 (six million three hundred twenty-nine thousand eight hundred seventy-four) of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates, for gross proceeds to the Selling Shareholder of approximately U.S. $253,500,000 (two hundred fifty-three million five hundred thousand).
28 days ago · prnewswire.com
TORM plc announces secondary public offering of its class A common shares by a selling shareholderHELLERUP, Denmark, Oct. 5, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) or (NASDAQ: TRMD A) today announces the commencement of a secondary public offering of 6,329,874 of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates.
1 month ago · seekingalpha.com
TORM: The Dividend Is Real, But Spot Rates Won't Last ForeverTORM is a top operator in product tankers, but current pricing reflects already profitable freight rates, limiting near-term upside. I rate TRMD as HOLD, with a 12–18 month price target of $36.17, just 5.4% above current levels; entry is attractive below $30. Q3 contracted rates are 34.9% below Q2, signaling normalization; dividends and profits will likely decline from recent highs.
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