NEW YORK, Feb. 26, 2018 /PRNewswire/ — WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SFL, OSG, TNK, and TNP which can be accessed for free by signing up to www.wallstequities.com/registration. According to an article on CityAM.com, Standard & Poor’s (S&P) Global Ratings said that demand for the three main segments of global shipping – dry bulk, tankers, and containers – will begin to rise in 2018, with vessel owners increasing the sizes of their fleets as demand improves. However, S&P’s research also suggested that “poor supply discipline” from some vessel owners could threaten the sector. Pre-market today, WallStEquities.com monitors Ship Finance International Ltd (NYSE: SFL), Overseas Shipholding Group Inc. (NYSE: OSG), Teekay Tankers Ltd (NYSE: TNK), and Tsakos Energy Navigation Ltd (NYSE: TNP). All you have to do is sign up today for this free limited time offer by clicking the link below.
Ship Finance International
Hamilton, Bermuda-based Ship Finance International Ltd’s stock rose 1.00%, finishing last Friday’s trading session at $15.20. A total volume of 467,136 shares was traded. The Company’s shares have gained 1.67% over the previous three months and 4.11% over the past year. The stock is trading above its 200-day moving average by 6.12%. Additionally, shares of Ship Finance, which owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the UK, and the Marshall Islands, have a Relative Strength Index (RSI) of 52.59.
On February 20th, 2018, Ship Finance announced plans to release its preliminary financial results for Q4 2017 on February 27th, 2018. The Company also announced plans to host a conference call and webcast at 10:00 a.m. EST that same day. The webcast may be accessed by clicking on the “Webcast” link found under the Investor Relations section of the Company’s website. Get the full research report on SFL for free by clicking below at:
Overseas Shipholding Group
Shares in Tampa, Florida headquartered Overseas Shipholding Group Inc. ended at $1.86, up 3.33% from the last trading session. The stock recorded a trading volume of 153,151 shares. The Company’s shares are trading 22.16% below their 50-day moving average. Moreover, shares of Overseas Shipholding, which owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the US, have an RSI of 38.15. OSG’s complimentary research coverage is a few simple steps away at:
On Friday, shares in Hamilton, Bermuda-based Teekay Tankers Ltd recorded a trading volume of 1.48 million shares. The stock rose 2.44%, closing the day at $1.26. The Company’s shares are trading 4.28% below their 50-day moving average. Additionally, shares of Teekay Tankers, which engages in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide, have an RSI of 54.02.
On February 21st, 2018, Teekay Tankers announced that its Board of Directors has declared a cash dividend of $0.03 per share for the quarter ended December 31st, 2017, representing the minimum quarterly dividend under the Company’s current dividend policy. The cash dividend is payable on March 09th, 2018 to all shareholders of record as at March 05th, 2018. Register for your free research report on TNK at:
Tsakos Energy Navigation
At the close of trading on Friday, shares in Athens, Greece-based Tsakos Energy Navigation Ltd recorded a trading volume of 222,380 shares. The stock finished the session 0.59% higher at $3.43. The Company’s shares are trading below their 50-day moving average by 9.37%. Furthermore, shares of the Company, which provides international seaborne crude oil and petroleum product transportation services worldwide, have an RSI of 42.28.
On February 09th, 2018, Tsakos Energy Navigation announced that its Board of Directors declared the regular quarterly cash dividend of $0.546875 per share for the Company’s Series D Cumulative Perpetual Preferred Shares. The Board also declared the regular quarterly cash dividend of $0.578125 per share for the Company’s Series E Cumulative Perpetual Preferred Shares. The dividend on the Series D and E Preferred Shares will be paid on February 28th, 2018 to all holders of record of Series D and E Preferred Shares as of February 23rd, 2018. Wall St. Equities’ downloadable research report on TNP available at:
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