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The Latest Breaking News from Euronav NV

4 Energy Stocks With Buy Ratings Worth Your Attention

The energy sector is positioned for substantial growth because of increasing global energy demands, geopolitical tensions, and recovering global economies. Therefore, investors could consider buying fundamentally strong energy stocks: Baker Hughes (BKR), Plains All American Pipeline (PAA), Euronav (EURN), and MRC Global (MRC), all of which are Buy-rated in our…

StockNews.com

3 Budget-Friendly Energy Stocks to Buy Now

The energy sector seems poised for significant growth, thanks to robust global demand for oil and gas and constrained supplies pushing prices higher. Given the industry’s promising outlook, fundamentally sound, cost-effective energy stocks Energy Transfer (ET), CVR Energy (CVI), and Euronav (EURN) could be ideal buys now. Keep reading….

StockNews.com

3 Energy Stocks with Massive Growth Opportunities

With a resurgent global energy demand amid increased summer travel and constrained supplies, fundamentally strong energy stocks Weatherford International (WFRD), North European Oil Royalty Trust (NRT), and Euronav (EURN) could generate solid returns given their impressive growth prospects. Read on….

StockNews.com

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3 Energy Stocks Poised for Growth

The energy sector is well-positioned to witness significant growth this year due to the oil price tailwinds from supply cuts. Given this backdrop, quality energy stocks Weatherford International (WFRD), Euronav (EURN), and North European Oil Royalty Trust (NRT), which look poised for growth, could be wise portfolio additions now. Read…

StockNews.com

Frontline Registers 12% Revenue Growth In Q1

Frontline Ltd (NYSE:FRO) reported a first-quarter operating revenue increase of 12.1% year-over-year to $217.44 million. Reported spot TCEs for VLCCs, Suezmax tankers, and LR2 tankers in Q1 were $15,700, $16,900, and $19,000 per day, respectively. Net operating income decreased by 7.2% Y/Y to $22.92 million, and the margin contracted by 220 bps…

Benzinga

Euronav Q1 Results Surpass Street Expectations

Euronav NV (NYSE:EURN) reported that first-quarter revenue improved by 5.1% year-over-year to $114.37 million, beating the consensus of $92.73 million. Total shipping income was $130.4 million. EPS loss was $(0.21), beating the consensus of $(0.42). EBITDA was $42.66 million (+49.3% Y/Y), and the margin expanded by 1,104 bps to 37.3%. Total operating…

Benzinga

H.C. Wainwright Raises Frontline's Price Target Post Merger Announcement

Frontline Ltd's (NYSE:FRO) price target has been raised to $9 (a downside of 8%) from $8 by H.C. Wainwright analyst Magnus Fyhr. The analyst maintains a Neutral rating on the shares. The target price raise comes after the company agreed to merge with Euronav NV (NYSE:EURN), a crude tanker company, to create a tanker powerhouse with a fleet of…

Benzinga

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