TORM plc

Equities

TRMD A

GB00BZ3CNK81

Oil & Gas Transportation Services

Market Closed - Nasdaq Copenhagen Other stock markets 16:20:00 15/07/2024 BST			5-day change	1st Jan Change
259.4 ^DKK	+1.25%		-3.57%	+27.03%

09:09am	TORM Purchases Eight and Sells One Second-Hand MR Vessel, Increasing the Fleet Size to 96 Vessels	CI
06-04	OCM Njord Closes Secondary Public Offer of Torm Shares	MT

Torm plc Approves an Interim Dividend for Second Quarter 2022, Payment Is Expected on 16 September 2022

August 18, 2022 at 07:15 am

TORM plc announced that Board of Directors has approved an interim dividend for Second Quarter 2022 of USD 0.58 per share, with an expected total dividend of USD 47 million. Payment is expected on 16 September 2022, with ex-dividend date on 31 August 2022.

Latest news about TORM plc

TORM Purchases Eight and Sells One Second-Hand MR Vessel, Increasing the Fleet Size to 96 Vessels	08:09am	CI
OCM Njord Closes Secondary Public Offer of Torm Shares	06-04	MT
Transcript : TORM plc, Q1 2024 Earnings Call, May 08, 2024	05-08
TORM plc Reports Earnings Results for the First Quarter Ended March 31, 2024	05-08	CI
Torm plc Revises Earnings Guidance for the Year 2024	05-08	CI
TORM plc Approves an Interim Dividend for the First Quarter of 2024, Payable on 04 June 2024	05-08	CI
TORM plc Approves a Final Dividend for the Year Ended 31 December 2023	04-11	CI
Transcript : TORM plc - Shareholder/Analyst Call	04-11
Transcript : TORM plc, 2023 Earnings Call, Mar 07, 2024	03-07
TORM plc Recommends Final Dividend for the Financial Year Ended 31 December 2023, Payable on 24 April 2024	03-07	CI
TORM plc Reports Earnings Results for the Full Year Ended December 31, 2023	03-07	CI
TORM plc Provides Earnings Guidance for the Year 2024	03-07	CI
Nordic Stocks Closed Up Thursday; OX2 Climbed Highest	02-22	DJ
The latest transactions by star fund managers	02-15
More oil tankers shun southern Red Sea after US-led strikes in Yemen	01-15	RE
Fuel Shipping Stocks Rise Following US, UK Strikes in Yemen	01-12	MT
The latest transactions by star fund managers	11-15
Transcript : TORM plc, Q3 2023 Earnings Call, Nov 09, 2023	11-09
Denmark's Torm to Purchase Eight Tankers for $399 Million	11-09	MT
TORM plc Approves Interim Dividend for the Third Quarter of 2023, Payable on 05 December 2023	11-09	CI
Torm plc Revises Earnings Guidance for the Full-Year 2023	11-09	CI
TORM plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-09	CI
Torm PLC Purchases Eight LR2 Vessels	11-09	CI
Nordic Stocks Closed Up Tuesday; Torm Climbed Highest	26/09/23	DJ
Nordic Shares Rose Monday; Torm A Climbed Highest	21/08/23	DJ

Chart TORM plc

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Company Profile

TORM plc is a United Kingdom-based shipping company. The Company owns and operates a fleet of product tankers. The Companyâs segments include the Tanker segment, for which the services provided primarily comprise transportation of refined oil products, such as gasoline, jet fuel, and naphtha, and the Marine Exhaust segment, for which the services provided primarily comprise developing and producing advanced and green marine equipment. The Companyâs wholly owned fleet of around 90 vessels is specifically configured to move energy and clean petroleum products from refineries to their customers. With vessels varying in size from 45,000 - 115,000 deadweight tonnage (DWT), it offers a range of product tankers. It is present in all large vessel classes in the product tanker market, with specific focus on the LR2, LR1, and MR vessel classes. Its vessels include TORM Hannah, TORM Hellerup, TORM Helene, TORM Hermia, TORM Signe, TORM Elizabeth, TORM Platte, TORM India, TORM Lilly, among others.

Sector

Oil & Gas Transportation Services

Calendar

14/08/2024 - Q2 2024 Earnings Release

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Income Statement Evolution

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Ratings for TORM plc

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

37.45 USD

Average target price

41.72 USD

Spread / Average Target

+11.41%

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EPS Revisions

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Quarterly earnings - Rate of surprise

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