Finder makes money from featured partners, but editorial opinions are our own.

7 oil tanker stocks to watch

Ready to invest in the oil industry? Learn how to invest in oil tanker stocks in just a few steps.

The best oil tanker stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

7 popular oil tanker stocks to watch

We round up a selection of stocks in or related to the oil industry, weighting the list more heavily towards popular mid- and large-cap stocks.

  1. Golar LNG (GLNG)
  2. SFL Corporation (SFL)
  3. DHT (DHT)
  4. Euronav (EURN)
  5. Scorpio Tankers (STNG)
  6. Teekay Corporation (TK)
  7. Frontline (FRO)

Compare investment accounts that help you research stocks

The oil tanker stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering oil tanker stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

Best for Beginners

Go to site
Free trades for young investors
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Easy-to-use App

Go to site
Low commissions
  • $50 in free trades
  • Low commissions
  • Easy-to-use app

How to invest in oil tanker stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps in Canada.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like GLNG or SFL.
  5. Place your order. Buy the stock. It's that simple.

Learn more about popular oil tanker stocks

We round up a selection of stocks in or related to the oil industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. Golar LNG (GLNG)

Golar LNG Limited designs, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It also engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels; operation of the transportation of LNG carriers; and vessel management.

  • Previous close price: $25.38
  • Market capitalization: $2,667,300,096
  • 1 year performance: 16.96%
  • P/E ratio: 50
Buy GLNG stock on Interactive Brokers

2. SFL Corporation (SFL)

SFL Corporation Ltd. , a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs.

  • Previous close price: $12.80
  • Market capitalization: $1,729,888,512
  • 1 year performance: 36.00%
  • P/E ratio: 19.0606
Buy SFL stock on Interactive Brokers

3. DHT (DHT)

DHT Holdings, Inc. , through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services.

  • Previous close price: $11.56
  • Market capitalization: $1,834,310,656
  • 1 year performance: 20.19%
  • P/E ratio: 11.4848
Buy DHT stock on Interactive Brokers

4. Euronav (EURN)

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels.

  • Previous close price: $16.58
  • Market capitalization: $3,241,516,288
  • 1 year performance: -2.92%
  • P/E ratio: 3.8431
Buy EURN stock on Interactive Brokers

5. Scorpio Tankers (STNG)

Scorpio Tankers Inc. , together with its subsidiaries, engages in the seaborne transportation of crude oi and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, including 39 LR2, 57 MR, and 14 Handymax with a weighted average age of approximately 8.

  • Previous close price: $71.64
  • Market capitalization: $3,826,417,152
  • 1 year performance: 28.34%
  • P/E ratio: 7.1835
Buy STNG stock on Interactive Brokers

6. Teekay Corporation (TK)

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services.

  • Previous close price: $7.43
  • Market capitalization: $662,838,016
  • 1 year performance: 24.10%
  • P/E ratio: 4.7143
Buy TK stock on Interactive Brokers

7. Frontline (FRO)

Frontline plc, a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2022, the company operated a fleet of 70 vessels.

  • Previous close price: $24.46
  • Market capitalization: $5,445,358,592
  • 1 year performance: N/A
  • P/E ratio: 6.9489
Buy FRO stock on Interactive Brokers

Buy oil tanker stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 4 of 4
Name Product Finder Rating Available Asset Types Stock Trading Fee Account Fee Signup Offer Table description
Interactive Brokers
Finder Score:
★★★★★
4.3 / 5
Stocks, Bonds, Options, ETFs, Currencies, Futures
min $1.00, max 0.5%
$0
N/A
Winner for Best Overall Broker in the Finder Stock Trading Platform Awards.
CIBC Investor's Edge
Finder Score:
★★★★★
3.8 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs
$6.95
$0 if conditions met, or $100
100 free trades + up to $4,500 cash back
An easy-to-use platform with access to a variety of tools to help you trade with confidence.
Questrade
Finder Score:
★★★★★
4.3 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95 - $9.95
$0
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio to take out some of the guesswork.
Qtrade Direct Investing
Finder Score:
★★★★★
3.7 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get up to a $150 sign-up bonus. Use code OFFER2024. Ends October 31, 2024.
Low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options.
loading

Bottom line

While it's possible to turn a profit investing in oil tanker stocks, keep in mind that—like any investment—oil tanker stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the oil industry, so carefully vet your picks before you invest. If you're new to investing or if it's been a while since you've taken a critical look at your investment accounts, compare brokers to make sure you're getting the best trading features for your needs.
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Ask a Question

You must be logged in to post a comment.

Go to site