Business mix
- It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude oil.
- The Marine Engineering segment engages in developing and producing advanced and green marine equipment.
- TORM plc was founded in 1889 and is based in London, the United Kingdom.
Current key questions
- How sensitive are revenue and cash flow to commodity prices, production volumes, and demand in oil & gas midstream?
- Can capital spending, reserves, decline rates, and operating costs support durable free cash flow?
- Do balance-sheet discipline and shareholder returns remain resilient across the energy cycle?