In this article, we discuss the 5 best oil tanker stocks to buy now. If you want to read through our detailed analysis of the best oil tanker companies, go directly to 11 Best Oil Tanker Stocks To Buy Now.
5. SFL Corp Ltd (NYSE:SFL)
No of HFs: 14
Total Value of HF Holdings: $31.8 Million
With over 84 vessels, Bermuda-based, SLF Corporation Ltd, ranks 5th in our list of 11 best oil tanker stocks to buy now. The company owns a variety of vessels ranging from crude oil tankers, bulk and ore vessels, dry bulk carriers, and container ships. The company’s shares decreased 34% over the last twelve months. Despite the decrease, during the fourth quarter of 2020, SFL reported strong operating revenue of $115 million. The company also offers a quarterly cash dividend of $0.15 per share, payable on March 30.
At the end of the fourth quarter, there were 14 hedge funds in Insider Monkey’s database that held stakes in SFL Corp Ltd compared to 10 funds in the third quarter. Citadel Investment Group is the biggest stakeholder of the stock with 25.1 million shares, worth $24 million at the end of December.