SHARE BUYBACK
ANTWERP, Belgium, 21 January 2019 – Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") today announces that the Company has purchased 444,143 of its own shares on Euronext Brussels between 10 January 2019 and 18 January 2019 for an aggregate cost of EUR 2,990,483.32.
Transaction date
Quantity Average price Lowest price Highest price Total price
10 January 2019 123,000 6.8153 EUR 6.695 EUR 6.900 EUR 838,281.90 EUR
11 January 2019 70,000 6.6990 EUR 6.645 EUR 6.785 EUR 468,927.27 EUR
14 January 2019 77,000 6.5891 EUR 6.520 EUR 6.650 EUR 507,363.78 EUR
15 January 2019 65,000 6.7261 EUR 6.665 EUR 6.795 EUR 437,196.50 EUR
16 January 2019 64,143 6.7598 EUR 6.715 EUR 6.805 EUR 433,593.85 EUR
18 January 2019 45,000 6.7807 EUR 6.740 EUR 6.815 EUR 305,130.02 EUR
These transactions are in addition to the share buyback transactions announced on 2 January 2019 and 10 January 2019. Euronav started buying back shares on 19 December 2018 and has bought a total of 1,419,629 shares.
Following these transactions, the Company now owns 2,112,044 own shares (0.96% of the total outstanding shares).
Euronav may continue to buy back its own shares opportunistically. The extent to which it does and the timing of these purchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations.
Euronav tulemused väljas:
Euronav (NYSE:EURN): Q4 GAAP EPS of $0.00 misses by $0.03.
Revenue of $236.1M (+100.1% Y/Y) beats by $40.13M.
Euronav (NYSE:EURN): Q4 GAAP EPS of $0.00 misses by $0.03.
Revenue of $236.1M (+100.1% Y/Y) beats by $40.13M.
Tanker rates for Jan 25 from NAT.
Suezmax $28.3
Aframax $27.5
https://www.nat.bm/wp-content/uploads/2019/01/Weekly-freight-rates-250119.pdf
Suezmax $28.3
Aframax $27.5
https://www.nat.bm/wp-content/uploads/2019/01/Weekly-freight-rates-250119.pdf
Global average rates according to NAT for week of Feb 1.
Suezmax: $26.6
Aframax: $25.5
Kuni 10 veebruani kestab ka Hiinakte prasnik, ennem mingit paranemist loota pole.
Suezmax: $26.6
Aframax: $25.5
Kuni 10 veebruani kestab ka Hiinakte prasnik, ennem mingit paranemist loota pole.
Täna peaks tulemused avaldama puhas VLCC laevataja DHT AF.
Tulemused võiks päris head olla, aga outlook mitte nii väga, nõrgim periood aastas on algamas, lisaks on selle aasta algusest lisandunud juba 10 vlcc tarneaeg 2020. Õnneks kesk ja väiksemaid tankereid pole sedasi tellitud.
Võrdluseks eelmine aasta
Tulemused võiks päris head olla, aga outlook mitte nii väga, nõrgim periood aastas on algamas, lisaks on selle aasta algusest lisandunud juba 10 vlcc tarneaeg 2020. Õnneks kesk ja väiksemaid tankereid pole sedasi tellitud.
Võrdluseks eelmine aasta
DHT kõnest väike lõik, kus uuritakse, kas firma oskab ka raha teha või on teinud:
Robert Silvera
Okay. My next question has to do with your buyback of stock. I love what you're doing, I'm very pleased with the way you are blending between dividend cash flow to us, as well as removing stock. And the removing stock methodology, may I suggest that you examine selling put options for instance, on the July 19th currently the last trade was for a $4 option was $0.45.
So if you were optioning for 1 million shares that would put $450,000 into our treasury, and if the stock of course, does not go below $4 by July 19th, then we will pocket that $450,000.
If in fact the stock goes below the $4, then of course, we will bought back another million shares and they will have cost us $4, less the $450,000 that we got for the options. So would you entertain doing stock buybacks through that methodology?
Trygve Munthe
We haven't considered that, and we'll put some thought to it and maybe we can continue that conversation offline.
Robert Silvera
Okay. My next question has to do with your buyback of stock. I love what you're doing, I'm very pleased with the way you are blending between dividend cash flow to us, as well as removing stock. And the removing stock methodology, may I suggest that you examine selling put options for instance, on the July 19th currently the last trade was for a $4 option was $0.45.
So if you were optioning for 1 million shares that would put $450,000 into our treasury, and if the stock of course, does not go below $4 by July 19th, then we will pocket that $450,000.
If in fact the stock goes below the $4, then of course, we will bought back another million shares and they will have cost us $4, less the $450,000 that we got for the options. So would you entertain doing stock buybacks through that methodology?
Trygve Munthe
We haven't considered that, and we'll put some thought to it and maybe we can continue that conversation offline.
Nüüd, kus reidid juba kolisevad, hakkavad analüütikud reageerima sellele minevikku jäävale ajutisele spaikale.
TOO, mis hiljaaegu oma yieldi toetava 4 sendise õla alt ära saagis, reportis ka impressive kvartali, aga suuremalt jaolt oli see headline beat sügisene settlement Petrobrasiga, mis kvartalist läbi läks.
Ootab, et see häppi, mis reedel sees, sisiseb sealt nädala-kahega välja või ehk juba täna.
ymeramees
Nüüd, kus reidid juba kolisevad, hakkavad analüütikud reageerima sellele minevikku jäävale ajutisele spaikale.
Tavapärane, et Q2-Q3 on tankerite nõrgimad kvartalid, ning need tasud alati ka siis kukkunud. Paljud hakkavad aasta lõpus lisama scrubbereid ja oodata on tõusvaid tasusid nagu alati. VLCC on sektor, mis saab ka kõige suuremat langust näha, kuna seal endiselt lisandub palju uusi laevu. Afrasid ja suez nii palju ei tule, oli alla 10% vast, samas kui VLCC oma seisab 14% juures.
Ymera graafik ja originaalallikas
https://www.hellenicshippingnews.com/opec-cuts-rates-plunge-oil-tanker-market-to-shrug-it-all-off/
Kõik ei ole väga pessimistlikud, näiteks TNK-s BlackRock Inc. suurendas osalust hiljuti 9,4M aktsia pealt 16,9M peale.
Tellimised hea ülevaade.
ymeramees
Hiljuti?
Vaatasin siit lehelt https://fintel.io/doc/sec/1364742/000021545719006561/mhy8565n1022_020719.txt
ymeramees
TOO, mis hiljaaegu oma yieldi toetava 4 sendise õla alt ära saagis, reportis ka impressive kvartali, aga suuremalt jaolt oli see headline beat sügisene settlement Petrobrasiga, mis kvartalist läbi läks.
Ootab, et see häppi, mis reedel sees, sisiseb sealt nädala-kahega välja või ehk juba täna.
TOO beat oli jah suurelt jaolt items, aga isegi ex-items kaupleb ta täna umbes 6x EV/EBITDA. KNOP kaupleb 7,5-8x. "1x" TOO kontekstis on umbes $1,5/aktsia, fully diluted. Fully diluted kusjuures kickiks sisse alles $4 juures.
BlackRock suurendas positsiooni ka NAT-is.
Jah, BlackRock on aktiivse kauplemise lipulaev! Tasub kuulata, mida nad 2 kuud tagasi tegid!
Teekay Tankers upgraded to Buy from Hold at DNB Markets
Mitmed teised ka FRO said upgrade-i.
Kas mõni koht ka netis on, kust tasuta näeb analüüside sisu või sihte?
Mitmed teised ka FRO said upgrade-i.
Kas mõni koht ka netis on, kust tasuta näeb analüüside sisu või sihte?
NAT ka väike uudis.
Bermuda, February 12, 2019
We are pleased to announce that NAT has entered into a five-year $306 million senior secured credit agreement arranged by CSG Investments, Inc., and funded by Beal Bank of Dallas, Texas. The loan will retire the present Revolving Credit Facility ("RCF") in full.
The new credit will see the effective interest be reduced compared to what was paid under the old RCF at the end of 2018. It is also lower than what was indicated to us for the Secured Bond we contemplated in 2018 and the Back-Stop facility that was cancelled in 3Q18. The new loan will amortize as per a 20-year profile with full maturity after 5 years. The arrangement is positive for NAT.
The financing will continue to secure a competitive cash break-even rate for NAT. More importantly, the new loan allows NAT greater flexibility in setting dividend payments.
The NAT shares are actively traded several places in the US. With this new US based debt facility, together with the NAT leased three 2018 new buildings, all major financial aspects of NAT are efficiently settled.
The debt level of NAT has always been among the lowest in the industry. The NAT board has focus on further reducing the debt to a level that NAT maintained a few years ago.
The market for our Suezmaxes is solid. The plan announced today also positions NAT well for the future.
The investment banking arm of Arctic Securities has assisted NAT in the transaction.
Bermuda, February 12, 2019
We are pleased to announce that NAT has entered into a five-year $306 million senior secured credit agreement arranged by CSG Investments, Inc., and funded by Beal Bank of Dallas, Texas. The loan will retire the present Revolving Credit Facility ("RCF") in full.
The new credit will see the effective interest be reduced compared to what was paid under the old RCF at the end of 2018. It is also lower than what was indicated to us for the Secured Bond we contemplated in 2018 and the Back-Stop facility that was cancelled in 3Q18. The new loan will amortize as per a 20-year profile with full maturity after 5 years. The arrangement is positive for NAT.
The financing will continue to secure a competitive cash break-even rate for NAT. More importantly, the new loan allows NAT greater flexibility in setting dividend payments.
The NAT shares are actively traded several places in the US. With this new US based debt facility, together with the NAT leased three 2018 new buildings, all major financial aspects of NAT are efficiently settled.
The debt level of NAT has always been among the lowest in the industry. The NAT board has focus on further reducing the debt to a level that NAT maintained a few years ago.
The market for our Suezmaxes is solid. The plan announced today also positions NAT well for the future.
The investment banking arm of Arctic Securities has assisted NAT in the transaction.
Kah huvitav lugemine ja juhuslikult käivad läbi ka majad, kes on tankeri sektori oste teinud.
https://www.hellenicshippingnews.com/wall-street-is-rethinking-its-2019-investment-strategy/
https://www.hellenicshippingnews.com/wall-street-is-rethinking-its-2019-investment-strategy/
Euronav jätkab aktsiate tagasiostu
ANTWERP, Belgium, 13 February 2019 – Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") today announces that the Company has purchased 532,829 of its own shares on Euronext Brussels between 4 February 2019 and 12 February 2019 for an aggregate cost of EUR 3,648,561.70.
Transaction date Quantity Average price Lowest price Highest price Total price
4 February 2019 53,000 6.7988 EUR 6.760 EUR 6.840 EUR 360,335.02 EUR
5 February 2019 54,529 6.9467 EUR 6.880 EUR 7.000 EUR 378,797.31 EUR
6 February 2019 30,300 6.9921 EUR 6.975 EUR 7.000 EUR 211,859.99 EUR
7 February 2019 105,000 6.8251 EUR 6.755 EUR 6.990 EUR 716,632.46 EUR
8 February 2019 105,000 6.7518 EUR 6.715 EUR 6.830 EUR 708,942.47 EUR
11 February 2019 80,000 6.7583 EUR 6.715 EUR 6.775 EUR 540,660.00 EUR
12 February 2019 105,000 6.9651 EUR 6.920 EUR 7.000 EUR 731,334.45 EUR
ANTWERP, Belgium, 13 February 2019 – Euronav NV (NYSE: EURN & Euronext: EURN) ("Euronav" or the "Company") today announces that the Company has purchased 532,829 of its own shares on Euronext Brussels between 4 February 2019 and 12 February 2019 for an aggregate cost of EUR 3,648,561.70.
Transaction date Quantity Average price Lowest price Highest price Total price
4 February 2019 53,000 6.7988 EUR 6.760 EUR 6.840 EUR 360,335.02 EUR
5 February 2019 54,529 6.9467 EUR 6.880 EUR 7.000 EUR 378,797.31 EUR
6 February 2019 30,300 6.9921 EUR 6.975 EUR 7.000 EUR 211,859.99 EUR
7 February 2019 105,000 6.8251 EUR 6.755 EUR 6.990 EUR 716,632.46 EUR
8 February 2019 105,000 6.7518 EUR 6.715 EUR 6.830 EUR 708,942.47 EUR
11 February 2019 80,000 6.7583 EUR 6.715 EUR 6.775 EUR 540,660.00 EUR
12 February 2019 105,000 6.9651 EUR 6.920 EUR 7.000 EUR 731,334.45 EUR