TORM plc (TRMD) is rated a strong buy due to its robust income potential, undervaluation, and possible merger with Hafnia (HAFN). The company has secured significant revenue visibility, with 42% of its 2026 earning days fixed at $50,044/day and EBITDA guidance up to $1.1 billion. Its dividend yield is near 9%, potentially reaching 12.7% if high-end guidance and distribution rates are met. A merger with Hafnia could unlock additional value, with net asset value-based scenarios suggesting a share price upside to $34–$35.

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Oaktree Capital reports 19.86% stake in TORM plc, a leading refined oil product carrier.

Oaktree Capital Group Holdings GP, LLC has informed TORM plc that its affiliate, OCM Njord Holdings S.à r.l., holds 20,329,874 shares, representing 19.86% of TORM's total share capital and voting rights. TORM is a global leader in refined oil product...

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14 hours ago

TORM plc rated strong buy with high dividend yield and merger potential with Hafnia.

More News (TRMD)

Oaktree Capital reports 19.86% stake in TORM plc, a leading refined oil product carrier.

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TORM plc rated strong buy with high dividend yield and merger potential with Hafnia.

More News (TRMD)

Oaktree Capital reports 19.86% stake in TORM plc, a leading refined oil product carrier.

Invest & Trade with#1 Award-Winning Investment Super App

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