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The broader oil & gas marine transport business has not been getting much attention, not just SFL. I think declining earnings and margin trends for the broader sub-sector, both of which peaked during the 2004-2005 timeframe, is a contributing factor.
Feb 25 21:21 pm
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All Comments by Jay King »Ship Finance Ltd: Steady and Profitable [View article]
SFL is highly profitable with 2.5x the average npm t4q of the stocks in this sub-sector. VLCCF and DHT are also good overall performers, and I like (and own) GLNG for a longer term speculative play.