Euronav NV engages in the transportation and storage of crude oil. The company is headquartered in Antwerp, Antwerpen and currently employs 3,110 full-time employees. The company went IPO on 2004-12-01. The firm provides shipping services, in addition to the carriage of crude oil on its fleet of large tankers. The Company, along with its group entities, operates in two business segments: the operation of crude oil tankers on the international markets (tankers), and the floating production, storage and offloading operations. The Company’s ship management services include, among others, technical services, fleet personnel management, environmental, protection management system, commercial management and operational management. Its group companies include Euronav Ship Management SAS, Euronav Shipping NV, Euronav Tankers NV, Euronav SAS, Euronav UK Ltd., Euronav Hong Kong Ltd. and Great Hope Enterprises Ltd.
Will Take Two Weeks to Clear Vessels in Suez Canal: Euronav Tue, 30 Mar 2021 09:10:00 -0400 - Mar.29 -- Hugo De Stoop, chief executive officer at Euronav NV, an international shipping company that focuses on transporting oil by sea, discusses how the giant container ship blocking the Suez Canal has been partially freed, how long it will take to clear up the logjam of vessels and his outlook for the shipping industry. He speaks on “Bloomberg Daybreak: Europe.
44 10%-Plus Yield Dividend Stocks Priced $5-$25 For March Sat, 06 Mar 2021 15:13:52 -0500 - Analyst top-10 target net-gain estimates for these bargain basement dogs 3/4/21 ranged 15.05%-60.54% from HMLP, FSKR, FSK, BPMP, KNOP, CHMI, DHT, SCU, MAGS, EURN, and top pick, USAC per YCharts. Top-10 10%+Yield@$5-$25 priced firms by yield, FSUMF, SCU, ORC, SRLP, SOLLY, IMBBF, SHLX, USAC, DHT, and top dog, EURN ranged 13.24%-19.14%. Expect more dividend adjustments in coming weeks.
OPEC+ deal shocker will prolong bloodletting for crude tankers Fri, 05 Mar 2021 17:03:44 -0500 - The day before the surprise OPEC+ crude-production decision, Lars Barstad, interim CEO of tanker owner Frontline (NYSE: FRO), pointed to estimates that up to 1.5 million barrels per day (b/d) of output might return. If so, that could lead tanker markets “to tighten up quickly” and “be a trigger to sentiment … and give owners the gumption to say, ‘Rates are negative so I'm going to hold back.
Buying Euronav shares might be a good idea this January Thu, 14 Jan 2021 16:39:35 -0500 - Euronav (NYSE: EURN) shares are advancing this January, and investors in this company stand to gain a lot more for taking a comparatively smaller risk. Euronav has signed 10-year contract extensions with North Oil, and the company will weather the market headwinds due to its good financial position.
2021 Is The Year For Shipping Tue, 12 Jan 2021 09:00:00 -0500 - Shipping stocks struggled during most of 2020. The consensus was that a global pandemic would be bad for shipping. In reality, the majority of shipping companies themselves had a phenomenal year, with LPG, LNG, and container rates soaring to multi-year highs.
A Trio of Small Caps for the Growth-Focused Investor Thu, 07 Jan 2021 10:13:36 -0500 - Growth-focused investors may be interested in the following small-cap stocks, as they represent companies whose trailing 12-month earnings per share improved significantly on a year-over-year basis.