7 oil tanker stocks to watch

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)

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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

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.

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1. Golar LNG (GLNG)

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

• Previous close price: $41.42
• Market capitalization: $4,351,273,472
• 1 year performance: 35.94%
• P/E ratio: 1385.5

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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, oil products transportation, container transportation, car transportation, and drilling rigs.

• Previous close price: $8.46
• Market capitalization: $1,153,189,504
• 1 year performance: -37.52%
• P/E ratio: 21.0732

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3. DHT (DHT)

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

• Previous close price: $11.15
• Market capitalization: $1,885,529,088
• 1 year performance: -4.70%
• P/E ratio: 10.5909

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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: $0.00
• 1 year performance: 16.38

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5. Scorpio Tankers (STNG)

Scorpio Tankers Inc. , together with its subsidiaries, engages in the seaborne transportation of crude oil and refined petroleum products worldwide. As of March 20, 2025, its fleet consisted of 99 owned and leased financed tankers, including 38 LR2, 47 MR, and 14 Handymax.

• Previous close price: $40.40
• Market capitalization: $2,189,109,504
• 1 year performance: -51.07%
• P/E ratio: 4.1823

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6. Teekay Corporation (TK)

Teekay Corporation Ltd. provides crude oil marine transportation and other marine services worldwide. The company operates in two segments, Tankers and Marine Services.

• Previous close price: $8.44
• Market capitalization: $755,388,736
• 1 year performance: -6.01%
• P/E ratio: 6.3662

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7. Frontline (FRO)

Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2024, it operated a fleet of 81 vessels, including 41 VLCCs, 22 Suezmax tankers, and 18 LR2/Aframax tankers.

• Previous close price: $17.39
• Market capitalization: $4,136,335,360
• 1 year performance: -33.22%
• P/E ratio: 11.8344

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.

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Related: Compare the best stock trading platforms in Canada

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.

Related: How to buy stocks in Canada

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.