TORM plc (Nasdaq:TRMD)plc is a global shipping company that transports crude oil, oil products, and dry bulk cargo by sea. It operates a modern fleet of vessels and provides transportation services to customers worldwide. The company’s focus is on delivering safe, reliable, and efficient transportation of cargo while minimizing environmental impact.
Comps: Crestwood Equity Partners LP (CEQP), Golar LNG Limited (GLNG)
In comparison to similar midstream oil & gas companies, TORM outperforms in many key metrics. Specifically, its earnings per share, price-to-earnings ratio, return-on-equity, quarterly revenue growth year-over-year, and yield are more impressive than its peers. Moreover, it outpaces Crestwood Equity Partners in terms of profit margin and net income. Overall, it is significantly stronger financially and offers a 15% yield to investors.