Okeanis Eco Tankers looks cheap against its earnings. It trades at 8x trailing and about 15x next year's earnings, versus the roughly 19x shipping operators usually get. Fair value is $99.15 to $126.19, based on 19x next year's $5.93 EPS, give or take 12%, which puts the stock about 12% below the low end. The case leans on forecasts, since forward earnings are 45% above trailing. Above $154.18 it would be expensive. x.com 

Tanker companies such as International Seaways, Teekay Tankers, Nordic American, Okeanis Eco, DHT and Scorpio Tankers are a boring, underrated sector nobody talks about. Tankers are an absolute necessity, and while not a glamorous business like AI, they still produce great returns. x.com 

Teekay Tankers looks cheap against its earnings. At $100.83 it trades at 6x earnings versus the 14x oil and gas midstream operators usually get, and 35% below a $154.76-196.97 fair value range based on 14x mid-cycle EPS of $12.56. Its forward P/E is 9.3x. x.com 

Tanker rates will likely plummet within two years and stay down for ten as new supply overwhelms demand, hurting Frontline, Teekay Tankers and Scorpio Tankers. Per Hedgeye, oil supertanker orders have hit a new all-time high, and tanker managements just can't help themselves. x.com 

StealthGas trades well below net tangible asset value even after its move up, as ocean shipping stocks show relative strength amid ongoing conflicts and shipping rates are reportedly rising. It has one of the best charts among shippers, with a clean triangle consolidation in an uptrend on telling volume. x.com 

Delta, United and Alaska should see margin expansion as the US-Iran deal and the lifted Hormuz naval blockade push oil lower into summer travel season. Crude fell from $92.16 on June 1 to $70.24, and fuel was 17–21% of their FY2025 opex; Alaska is the highest-beta name, with each $0.10/gallon move worth about $0.75 of EPS. Demand is at record highs and some fares are about 20% above last year. It is a high-risk macro trade, since the ceasefire is fragile and has been repeatedly violated. x.com 

TORM looks cheap against its earnings, trading at 6x current and 8x next year's earnings versus the roughly 14x oil and gas midstream operators usually get. Applying 14x to mid-cycle earnings of $5.15 a share, give or take 12%, puts fair value at $63.42-$80.71, so the $35.08 stock is 45% below the low end. This is a valuation screen only, without fundamental work. x.com 

Canadian heavy crude is no longer captive to US refiners now that the Trans Mountain Expansion ships it to Asia, narrowing Western Canadian Select discounts and locking in long-haul Pacific tanker routes. About 77% of Westridge exports now go to Asia as buyers diversify from Middle East risk. MEG Energy has the most leverage to narrower heavy discounts; Canadian Natural, Cenovus and Suncor gain via pipeline capacity and Asian trading desks; Teekay Tankers and Frontline via Pacific vessel demand. … Show more

WTI crude is headed into the $50s as it becomes apparent the US has control of the strait and Iran has lost its grip. Tanker trackers count at least 15 ship-to-ship transfer sessions in the Gulf of Oman carrying 25 million barrels of crude from almost every country in the region except Iran. x.com  x.com