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Transportation

International Seaways, Inc. (INSW) Buy Target $22.87 Sell Target $26.13

Trade Setup Buy Target $22.87 Sell Target $26.13 International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the International Flag trade. It operates through two segments, Crude Tankers and Product Carriers. As of March 3, 2020, the company owned and operated a fleet […]

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Delta Airlines Just Slashed International & Domestic Flight Capacity

Plus, Italy announced a nation-wide lockdown in an attempt to slow the spread of the coronavirus, Saudi Arabia and Russia escalated their oil price war, and Dick’s Sporting Goods is removing guns from another 440 stores.

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Crude Oil
Oil
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Transportation

Frontline Ltd. (FRO) Buy Target $9.20 Sell Target $10.78

Trade Setup Buy Target $9.20 Sell Target $10.78 Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of September 30, 2019, the company operated a fleet of 71 vessels. It is also involved in the charter, purchase, and […]

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Transportation

Teekay Corporation (TK) Buy Target $3.91 Sell Target $4.57

Trade Setup Buy Target $3.91 Sell Target $4.57 Teekay Corporation provides crude oil and gas marine transportation; offshore oil production; and storage and offloading services in Bermuda and internationally. It operates shuttle tankers; floating production, storage, and offloading units; floating storage and offloading units; HiLoad dynamic positioning units; long-distance towing and offshore installation vessels; and […]

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Crude Oil
Oil
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Transportation

Teekay Tankers Ltd. (TNK) Buy Target $17.21 Sell Target $20.47

Trade Setup Buy Target $17.21 Sell Target $20.47 Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Conventional Tanker and Ship-to-ship Transfer (STS). The company offers voyage and time charter services; and offshore STS transfer services of commodities primarily crude oil and refined oil products, […]

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Crude Oil
Oil
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DHT Holdings, Inc. (DHT) Buy Target $6.38 Sell Target $7.31

Trade Setup Buy Target $6.38 Sell Target $7.31 DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of August 6, 2019, it had a fleet of 27 very large crude carriers with a capacity of 8,360,850 deadweight tons.

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Stocks On Track For Their Worst Week Since The Financial Crisis

Plus, oil is dropped to $46 per barrel, Best Buy delivered an earnings beat, and DoorDash just took the first step to go public.

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Coronavirus is hitting energy stocks like HFC hard

Fear is increasing on a global basis that the outbreak of coronavirus is even worse than most think this week On Tuesday, the Centers for Disease Control (CDC) not only acknowledged that the virus will spread to the United States, but also that Americans should prepare for a “major disruption” as a result. That news […]

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EPD is a smart 2020 value bet on increased U.S. oil pipeline capacity

Over the years, I’ve learned to pay attention to the Energy sector as a way to measure a number of different aspects of the global economy. One of the those elements that is very interesting is the difference between U.S. oil production versus the rest of the world. The financial markets use futures contracts on […]

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Bed Bath & Beyond Shares Are Tanking After Retailer Says It’s “Experiencing Short-Term Pain”

Plus, the coronavirus finally has a name, Carnival Cruise Line said that the virus outbreak could dent full-year earnings, and Nissan is suing former Chairman Carlos Ghosn.

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Crude Oil
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PAA is a big bargain in the Oil & Gas Transportation industry – is the timing right?

One of the interesting things about investing is the way emotion often drives the rotation of money from one sector or industry into another. While the market in the broadest sense appears to be shrugging off coronavirus-related uncertainty, stocks in the Energy sector have struggled. That includes stocks in the Oil & Gas Transportation industry, […]

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