Huvitav punkt see NAT, kui hea aeg, maksame dividendideks ja kui vaja uusi laevu, kaasame pappi.
Nordic American Tankers to issue new bonds for millions of dollars .
Tanker: Bermuda-based Nordic American Tankers, which recently ordered two new Suezmax vessels, gears up to issuing new shares for upwards of USD 60 million.
Otsustasin hetkel ikkagi mängust välja astuda, et ootab need valimised ära. Kaks päeva sai ostetud (eile veel 4.67 pealt 2+2k) ja tänast liikumist vaades tekkis tagumiku tunne, et 4.5 pealt oleks veel parem sees olla, ning 4.92-4.93$ väljusin.
Mõtlema pani selle uudiskirja sisu : Market Makers: Investors monitor spiking COVID cases, stimulushopes fade and what to expect from the markets around the election -kus kirjutas, et päike ja taastuv tõusnud seoses Bideni tõusmisega ja kui ta võidab, saab nafta sektor kolakat, vahet pole, on sul fikseeritud tasuga laevad või mitte-tees.
Mõtlema pani selle uudiskirja sisu : Market Makers: Investors monitor spiking COVID cases, stimulushopes fade and what to expect from the markets around the election -kus kirjutas, et päike ja taastuv tõusnud seoses Bideni tõusmisega ja kui ta võidab, saab nafta sektor kolakat, vahet pole, on sul fikseeritud tasuga laevad või mitte-tees.
Tankerite tulemused tulemas: ticker EURN (kaupleb nii euroopas ku U.S)
Euronav announces third quarter 2020 results
HIGHLIGHTS
• Q3 freight rates: VLCC rates USD 42,000 per day, USD 23,500 for Suezmax
• 80% of Q3 net income to be returned to shareholders:
o Dividend: USD 18.5 million or USD 9 cent per share in cash dividends
o Share buyback: USD 18.5 million
• Challenging winter market conditions due to OPEC+ production cuts, slower demand recovery due to COVID-19 and increasing vessel capacity (caused by a return from storage plays)
• Q4 update: 50% of VLCC fleet spot fixed at USD 22,500 per day; 45% of Suezmax fleet fixed at USD 11,500 per day
• FSO contract extended by 10 years to 2032
ANTWERP, Belgium, 5 November 2020 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today reported its non-audited financial results for the third quarter ended 30 September 2020.
CEO:
Hugo De Stoop, CEO of Euronav said: “A growing divide between rising short-term fleet supply and limited cargo availability, restricted by OPEC+ production cuts and a slower demand recovery for crude, has impacted the sector negatively and is likely to continue throughout the seasonal winter period. With our sector low leverage, supported by over USD 1 billion liquidity, Euronav is well positioned to navigate these challenges and potentially seize value creative opportunities should they arise.”
Euronav announces third quarter 2020 results
HIGHLIGHTS
• Q3 freight rates: VLCC rates USD 42,000 per day, USD 23,500 for Suezmax
• 80% of Q3 net income to be returned to shareholders:
o Dividend: USD 18.5 million or USD 9 cent per share in cash dividends
o Share buyback: USD 18.5 million
• Challenging winter market conditions due to OPEC+ production cuts, slower demand recovery due to COVID-19 and increasing vessel capacity (caused by a return from storage plays)
• Q4 update: 50% of VLCC fleet spot fixed at USD 22,500 per day; 45% of Suezmax fleet fixed at USD 11,500 per day
• FSO contract extended by 10 years to 2032
ANTWERP, Belgium, 5 November 2020 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today reported its non-audited financial results for the third quarter ended 30 September 2020.
CEO:
Hugo De Stoop, CEO of Euronav said: “A growing divide between rising short-term fleet supply and limited cargo availability, restricted by OPEC+ production cuts and a slower demand recovery for crude, has impacted the sector negatively and is likely to continue throughout the seasonal winter period. With our sector low leverage, supported by over USD 1 billion liquidity, Euronav is well positioned to navigate these challenges and potentially seize value creative opportunities should they arise.”
DHT
QUARTERLY HIGHLIGHTS:
• In the third quarter of 2020, the Company’s VLCCs achieved an average rate of $48,100 per day.
• Adjusted EBITDA for the third quarter of 2020 was $92.9 million. Net income of $50.7 million equates to $0.32
per basic share. Adjusted for a non-cash change in fair value related to interest rate derivatives of $2.6 million
and a non-cash impairment charge of $4.9 million, net income would be $53.0 million, equivalent to $0.34 per
basic share.
• For the third quarter of 2020, the Company declared a cash dividend of $0.20 per share of outstanding common
stock, payable on November 25, 2020 to shareholders of record as of November 18, 2020. This marks the 43
rd consecutive quarterly dividend. The shares will be traded ex-dividend from November 17, 2020.
• DHT currently has 16 of its vessels on time charters, where four vessels have profit sharing structures on top of base rates, whilst the other 12 have fixed rates. The average of the fixed elements in these 16 time charters, i.e. of the four base rates and the 12 fixed rates, is $42,935 per day.
• In August, holders of $125 million of the Convertible Note, representing all of the outstanding securities,
exercised their right to convert their securities into shares at a conversion price of $5.3470 per share. As a result,
the Company issued 23,377,397 shares of common stock, increasing the issued and outstanding shares of
common stock to 170,798,328.
• In the third quarter of 2020, the Company prepaid $37.0 million under the Nordea Credit Facility and $42.2
million under the ABN Amro Credit Facility. The voluntary prepayments were made under the revolving credit
facility tranches and may be re-borrowed.
QUARTERLY HIGHLIGHTS:
• In the third quarter of 2020, the Company’s VLCCs achieved an average rate of $48,100 per day.
• Adjusted EBITDA for the third quarter of 2020 was $92.9 million. Net income of $50.7 million equates to $0.32
per basic share. Adjusted for a non-cash change in fair value related to interest rate derivatives of $2.6 million
and a non-cash impairment charge of $4.9 million, net income would be $53.0 million, equivalent to $0.34 per
basic share.
• For the third quarter of 2020, the Company declared a cash dividend of $0.20 per share of outstanding common
stock, payable on November 25, 2020 to shareholders of record as of November 18, 2020. This marks the 43
rd consecutive quarterly dividend. The shares will be traded ex-dividend from November 17, 2020.
• DHT currently has 16 of its vessels on time charters, where four vessels have profit sharing structures on top of base rates, whilst the other 12 have fixed rates. The average of the fixed elements in these 16 time charters, i.e. of the four base rates and the 12 fixed rates, is $42,935 per day.
• In August, holders of $125 million of the Convertible Note, representing all of the outstanding securities,
exercised their right to convert their securities into shares at a conversion price of $5.3470 per share. As a result,
the Company issued 23,377,397 shares of common stock, increasing the issued and outstanding shares of
common stock to 170,798,328.
• In the third quarter of 2020, the Company prepaid $37.0 million under the Nordea Credit Facility and $42.2
million under the ABN Amro Credit Facility. The voluntary prepayments were made under the revolving credit
facility tranches and may be re-borrowed.
Ja kõige tähtsam
OUTLOOK:
• Thus far in the fourth quarter of 2020, 79% of the available VLCC days have been booked at an average rate of
$38,400 per day on a discharge to discharge basis (not including any potential profit splits on four time charters).
OUTLOOK:
• Thus far in the fourth quarter of 2020, 79% of the available VLCC days have been booked at an average rate of
$38,400 per day on a discharge to discharge basis (not including any potential profit splits on four time charters).
See ka siia, alati huvitav võrrelda neid kulusid läbi aastate ja firmade vahel
Vessel operating expenses for the third quarter of 2020 were $20.5 million, equal to $8,200 per day, compared to
$19.4 million in the third quarter of 2019. The increase was mainly related to up storing of spares and consumables
in relation to IMO2020 in addition to deductibles on insurance. The average operating cost for FY 2019 was $7,900
per day.
Vessel operating expenses for the third quarter of 2020 were $20.5 million, equal to $8,200 per day, compared to
$19.4 million in the third quarter of 2019. The increase was mainly related to up storing of spares and consumables
in relation to IMO2020 in addition to deductibles on insurance. The average operating cost for FY 2019 was $7,900
per day.
Tankerte mega hea aasta ja halva aasta võrdlus 9 kuu baasil:
The Company had net income for the first three quarters of 2020 of $258.7 million, or income of $1.72 per basic
share and $1.56 per diluted share compared to net loss of $2.2 million, or loss of $0.02 per basic share and $0.02 per diluted share in the first three quarters of 2019.
Aktsiate arv suurenes nüüd võlakirjade aktsiateks muutumisest
As of September 30, 2020, the Company had 170,798,328 shares of common stock outstanding compared to
146,819,401 shares as of December 31, 2019.
Disclaimer: Hetkel ei oma
The Company had net income for the first three quarters of 2020 of $258.7 million, or income of $1.72 per basic
share and $1.56 per diluted share compared to net loss of $2.2 million, or loss of $0.02 per basic share and $0.02 per diluted share in the first three quarters of 2019.
Aktsiate arv suurenes nüüd võlakirjade aktsiateks muutumisest
As of September 30, 2020, the Company had 170,798,328 shares of common stock outstanding compared to
146,819,401 shares as of December 31, 2019.
Disclaimer: Hetkel ei oma
DHT õpetas päeva +8.6%. Ajalooliselt on kukkumise päev peale dividendi ex. Mitte div võrra, vaid rohkem. Kui Seeking tulemuste cali ära trükib, lisan memo. Järgmine peaks Teekay Tankers olema, nendel nii hea hinnaga fixitud tulu ei tule uue aastani.
TEEKAY TANKERS LTD. REPORTS
THIRD QUARTER 2020 RESULTS
Highlights
• Reported GAAP net loss of $44.4 million, or $1.32 per share, and adjusted net income(1) of $3.1 million, or $0.09
per share, in the third quarter of 2020 (excluding $45.0 million of asset write-downs and other items listed in
Appendix A to this release).
• Total Adjusted EBITDA(1) of $46.2 million in the third quarter of 2020.
• Generated approximately $31 million of free cash flow(1) in the third quarter of 2020, contributing to over a $47
million reduction in net debt(2) and maintaining a strong liquidity position of approximately $470 million as of
September 30, 2020.
• Secured a one-year time charter-out contract for an Aframax tanker in the third quarter; approximately 20
percent of the fleet is currently operating under fixed-rate charters at an average rate of $36,300 per day.
• In October 2020, repurchased two Aframax tankers that were previously on sale-leasebacks for $29.6 million.
• In August 2020, completed refinancing of four Suezmax tankers with a new 3-year, $67 million term loan;
Teekay Tankers now has no debt maturities until 2023
THIRD QUARTER 2020 RESULTS
Highlights
• Reported GAAP net loss of $44.4 million, or $1.32 per share, and adjusted net income(1) of $3.1 million, or $0.09
per share, in the third quarter of 2020 (excluding $45.0 million of asset write-downs and other items listed in
Appendix A to this release).
• Total Adjusted EBITDA(1) of $46.2 million in the third quarter of 2020.
• Generated approximately $31 million of free cash flow(1) in the third quarter of 2020, contributing to over a $47
million reduction in net debt(2) and maintaining a strong liquidity position of approximately $470 million as of
September 30, 2020.
• Secured a one-year time charter-out contract for an Aframax tanker in the third quarter; approximately 20
percent of the fleet is currently operating under fixed-rate charters at an average rate of $36,300 per day.
• In October 2020, repurchased two Aframax tankers that were previously on sale-leasebacks for $29.6 million.
• In August 2020, completed refinancing of four Suezmax tankers with a new 3-year, $67 million term loan;
Teekay Tankers now has no debt maturities until 2023
Q4 tuleb veel hullem.
LNG laevadel hinnad tugevas tõusus olnud.
Siin väiek näide, et millega TGP raha kaasas. Lisaks vedude fixed hinnad 100% aasta lõpuni ja 96% järgmise 2021 lõpuni. Täitsa investeeritav või alt kaubeldav (hiljuti just enne tulemusi 10.20 pealt sai). Dividend kindel 2.4 * kaetud.
In August 2020, Teekay LNG issued the equivalent of $112 million of unsecured, 5-year notes in the Norwegian
Bond market at an all-in fixed coupon rate of 5.74 percent.
In August 2020, Teekay LNG issued the equivalent of $112 million of unsecured, 5-year notes in the Norwegian
Bond market at an all-in fixed coupon rate of 5.74 percent.
Tnk q4 bronnid on lahjad. Kõne trükk just saabus.
Based on approximately 49% and 45% of spot revenue days booked, Teekay Tankers’ fourth quarter-to-date Suezmax and Aframax bookings have averaged approximately $10,100 and $7,700 per day, respectively. For our LR2 fleet, which are predominantly trading dirty, based on approximately 44% in spot revenue days booked, fourth quarter-to-date bookings have averaged approximately $8,500 per day.
Our Suezmax fleet has 62% of its Q4 revenue days booked at $24,200 per day. Our Aframax fleet is 54% booked at $12,400 per day, and our LR2 fleet is 52% both at $13,500 per day for the fourth quarter of 2020.
Based on approximately 49% and 45% of spot revenue days booked, Teekay Tankers’ fourth quarter-to-date Suezmax and Aframax bookings have averaged approximately $10,100 and $7,700 per day, respectively. For our LR2 fleet, which are predominantly trading dirty, based on approximately 44% in spot revenue days booked, fourth quarter-to-date bookings have averaged approximately $8,500 per day.
Our Suezmax fleet has 62% of its Q4 revenue days booked at $24,200 per day. Our Aframax fleet is 54% booked at $12,400 per day, and our LR2 fleet is 52% both at $13,500 per day for the fourth quarter of 2020.
DHT kõnest ka numbrid, ehk rohkem kui 50% on pikaajaliste lepingutega kaetud. Arvestasin täna väärtuseks 7,70$ aktsia, kui võtta neto varad/ aktsia ehk 50% ruumi joosta. Sai natuke täna ka võetud, sest suur tõenäosus on, et peale dividendi kolab seal 4.8$ juures (div 0,2). Lühikest rallit võiks oodata uuel nädalal, div ex. on teisipäev, et vast lühikesed katavad ennem ära.Katalüsaatoriks võiks olla vaksiini teade nov lõpus või taganev Covid, aga noh ulmet ei tasu loota. OPEC peaks ka varsti sõnama,mis plaanis 2021. Puuduv nõudluse kadu ja rafineerijate marginaalide tõus mõjuks siia sektori hästi. Täna jäi silma ka üks hea soovitus, et aktsia ostmise asemel võiks ka PUT kirjutada, et kui langeb alla 5 ja kirjutatud 5 saaks preemia jagu odavamalt aktsiat soetada.
We currently have 16 of our 27 ships on time charter, representing 60% of our feet. At an average rate of just below $43,000 per day, it offers premium income in what is a lackluster spot market.
It offers premium income in what is electrolysis for markets. We have for the fourth quarter covered 79% of our total days at $38,400 per day. This equates to $70 million in TCE revenues and north of what the P
We currently have 16 of our 27 ships on time charter, representing 60% of our feet. At an average rate of just below $43,000 per day, it offers premium income in what is a lackluster spot market.
It offers premium income in what is electrolysis for markets. We have for the fourth quarter covered 79% of our total days at $38,400 per day. This equates to $70 million in TCE revenues and north of what the P
5.29 pealt väljas.
Cleaves analüüs NAT tulemuste suhtes, halb nagu arvata oli, ikka raha kaasamised ja samas dividendi maksmine, isegi, kui lossi saadakse.
Nordic American Tankers (SELL/$1.3) top-line at $37m was 15% below our expectations, mainly due to an unusually low implied fleet utilization at 71% (vs our 93% forecast), somewhat offset by an estimated average realized spot rate at $21k/d (vs our $19k/d forecast). The company writes that “during the third quarter we took several of our vessels through drydockings”, but how much of the elevated offhire which were due to planned docking, unplanned technical offhire or commercial offhire is unknown. With operational costs 4% above our forecast, the net result was an EPS of -$0.07 which compares to our -$0.01 forecast and consensus at -$0.04. DPS of $0.04 was above our 0.01 forecast, but similar to consensus. The USD 6.0m dividend declared for the quarter compares with the USD 2.9m raised under the ATM program during the quarter and $2.5m QTD in 4Q.
Nordic American Tankers (SELL/$1.3) top-line at $37m was 15% below our expectations, mainly due to an unusually low implied fleet utilization at 71% (vs our 93% forecast), somewhat offset by an estimated average realized spot rate at $21k/d (vs our $19k/d forecast). The company writes that “during the third quarter we took several of our vessels through drydockings”, but how much of the elevated offhire which were due to planned docking, unplanned technical offhire or commercial offhire is unknown. With operational costs 4% above our forecast, the net result was an EPS of -$0.07 which compares to our -$0.01 forecast and consensus at -$0.04. DPS of $0.04 was above our 0.01 forecast, but similar to consensus. The USD 6.0m dividend declared for the quarter compares with the USD 2.9m raised under the ATM program during the quarter and $2.5m QTD in 4Q.
ADS Crude - shipping without ships
Eks seal hetkel ongi tulevik tume kuni Q3 2021 vast.
1.Tellimuste arv 8% madal, aga siiski lisandub iga aasta.
2. Opec võib kärbet mitte vähemaks võtta, 86VLCC istub merel ja ladustab kütust. Ehk kui kärbe jääb, need tühjendatakse ja laevad lisanduvad turule, suurendades pakkumist.
3.Lennukid maas ja nõudlus Covidiga väike.
4. Positiivne, et uusi hetkel keegi tellida ei kavatse, kuna 2030 kliima nõuetele vastav võitja tehnoloogia teadmata. Dual nafta+gaas +20% kallimad ja ei ole piisavalt roheline.
5. Sellised valusad määrad peaks kestma paar kvartalit või rohkem, muidu keegi ka vana rauaks ei müü. Ehk tarvis oleks näha vana raua müügi suurenemist, Opec võiks jonni jätkata, et tekitada max valu NAT ja TNK sugustele, kellel palju vana rauda käes.
1.Tellimuste arv 8% madal, aga siiski lisandub iga aasta.
2. Opec võib kärbet mitte vähemaks võtta, 86VLCC istub merel ja ladustab kütust. Ehk kui kärbe jääb, need tühjendatakse ja laevad lisanduvad turule, suurendades pakkumist.
3.Lennukid maas ja nõudlus Covidiga väike.
4. Positiivne, et uusi hetkel keegi tellida ei kavatse, kuna 2030 kliima nõuetele vastav võitja tehnoloogia teadmata. Dual nafta+gaas +20% kallimad ja ei ole piisavalt roheline.
5. Sellised valusad määrad peaks kestma paar kvartalit või rohkem, muidu keegi ka vana rauaks ei müü. Ehk tarvis oleks näha vana raua müügi suurenemist, Opec võiks jonni jätkata, et tekitada max valu NAT ja TNK sugustele, kellel palju vana rauda käes.
Frontline (tankerid ) tulemused eile. Põhiline, ette vaatavalt otsustati dividend ära jätta Q3 eest. Sealt see eilne korralik miinus. Q4 tuleb veel hullem, seega suve nägemus, et tankeritel halvad ajad ees peab endiselt.
So far in the fourth quarter, we have about 74% of our available VLCC days of $22,600 per day,
61% of our available Suezmax days up $12,600 per day and
65% of our LR2/Aframax days up $13,800 per day.
So far in the fourth quarter, we have about 74% of our available VLCC days of $22,600 per day,
61% of our available Suezmax days up $12,600 per day and
65% of our LR2/Aframax days up $13,800 per day.