TORM plc (NASDAQ:TRMD) is one of the 8 most undervalued oil stocks to buy. On March 10, TORM plc (NASDAQ:TRMD) disclosed that Oaktree Capital Group was now a major shareholder of the company, owning 23.39% of the firm’s total share capital. This shareholding is likely going to shape the company’s corporate strategy going forward.

On February 27, Evercore ISI analyst Jonathan Chappell reiterated an Outperform rating on TORM plc (NASDAQ:TRMD). The analyst also increased the firm’s price target on the stock from $28 to $34.

TORM plc (NASDAQ:TRMD) announced its full-year 2025 results on February 26, reporting strong operational performance despite a challenging geopolitical environment. Global trade was disrupted, and energy flows shifted, creating challenges for the shipping sector. The company highlighted that its resilient business model, strong corporate culture, and integrated platform are key competitive advantages. These factors, it said, reinforce TORM plc’s (NASDAQ:TRMD) position as a dependable leader in the product tanker market.

For the full year, the company generated time charter equivalent (TCE) earnings of USD 910 million. Adjusted EBITDA for the year was USD 578 million. Net profit fell to USD 286 million, compared with USD 612 million in 2024. This decline was mainly due to lower average TCE rates, which dropped to USD 28,783 per day. The company ended the year with positive momentum in the fourth quarter. It also maintained a high dividend payout ratio of 74% for 2025. Looking ahead, TORM plc (NASDAQ:TRMD) expressed confidence in a favorable market environment for 2026.

TORM plc (NASDAQ:TRMD) is a shipping company. The company operates and owns a fleet of product tankers. The company operates through the Tanker and Marine Engineering segments. It was founded by Ditlev E. Torm and Christian Schmiegelow in 1889.

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