Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Equity Bottom-Up

Nordic American Tankers / Equity Bottom-Up

<ul>
<li>NAT has surged 142% YTD as sanctions and Middle East disruptions tighten the tanker market, pushing Suezmax earnings to record levels.</li>
<li>With 17 Suezmax vessels and two more on order, NAT has direct exposure to higher rates, with Q2 TCE already rising to USD 63,000/day.</li>
<li>The outlook hinges on sanctions, OPEC+ supply and fleet growth. NAT has a strong cash buffer, but its sharp re-rating leaves less room for weaker rates.</li>
</ul>


NAT has surged 142% YTD as sanctions and Middle East disruptions tighten the tanker market, pushing Suezmax earnings to record levels.
With 17 Suezmax vessels and two more on order, NAT has direct exposure to higher rates, with Q2 TCE already rising to USD 63,000/day.
The outlook hinges on sanctions, OPEC+ supply and fleet growth. NAT has a strong cash buffer, but its sharp re-rating leaves less room for weaker rates.


Nordic American Tankers: Riding the Suezmax Supply Squeeze