← Prima Marine overview

Prima Marine vs TC Energy: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Prima Marine Public Company Limited (PRM.BK)

Q3 2026
▲4

PRM rides Middle East conflict to record profit, full fleet, higher dividends

  • Middle East conflict keeps oil storage and tanker demand at full stretch The prolonged Middle East conflict has pushed PRM's floating storage vessels to 100% use and lifted tanker shipments, driving Q2 profit to 551 million baht and revenue up 5% year-on-year. Management expects Q3 to grow again on the same force, with storage demand for oil reserves still strong.

    This is the core force behind PRM's earnings and the main reason analysts keep raising targets.

  • Brokers lift targets and dividends as profit heads for a record year Dao Securities raised its dividend forecast, lifting the yield to 7.1% from 5.5%, and sees 2026 normal profit at a record 2.2 billion baht. Yuanta kept a 12 baht target, expecting a 0.33 baht second-half dividend. PRM also paid a special 0.20 baht interim dividend.

    Higher dividends and record profit forecasts directly support the share price and investor returns.

  • Fleet grows with bigger, more efficient ships to meet rising demand PRM reported first-half net profit of 1,209.4 million baht with operating profit up 28.9%. It is adding six new petroleum and chemical tankers, with the first arriving October 2026, and two domestic tankers in Q4 2026, taking the fleet to 73 vessels by year-end.

    Fleet expansion shows the company investing to capture demand, supporting future revenue growth.

  • PRM named a market outperformer on overseas revenue Bualuang Securities said shipping stocks like PRM outperformed in Q3 2026 because most revenue comes from overseas, and recommended rotating into global-economy and commodity sectors for the rest of the year. This adds to the positive sentiment already built by strong earnings.

    It shows a fresh, broader market endorsement of PRM's overseas-driven business model.

August 2026
▲4

PRM rides Middle East conflict to record profit, full fleet, higher dividends

  • Middle East conflict keeps oil storage and tanker demand at full stretch The prolonged Middle East conflict has pushed PRM's floating storage vessels to 100% use and lifted tanker shipments, driving Q2 profit to 551 million baht and revenue up 5% year-on-year. Management expects Q3 to grow again on the same force, with storage demand for oil reserves still strong.

    This is the core force behind PRM's earnings and the main reason analysts keep raising targets.

  • Brokers lift targets and dividends as profit heads for a record year Dao Securities raised its dividend forecast, lifting the yield to 7.1% from 5.5%, and sees 2026 normal profit at a record 2.2 billion baht. Yuanta kept a 12 baht target, expecting a 0.33 baht second-half dividend. PRM also paid a special 0.20 baht interim dividend.

    Higher dividends and record profit forecasts directly support the share price and investor returns.

  • Fleet grows with bigger, more efficient ships to meet rising demand PRM reported first-half net profit of 1,209.4 million baht with operating profit up 28.9%. It is adding six new petroleum and chemical tankers, with the first arriving October 2026, and two domestic tankers in Q4 2026, taking the fleet to 73 vessels by year-end.

    Fleet expansion shows the company investing to capture demand, supporting future revenue growth.

  • PRM named a market outperformer on overseas revenue Bualuang Securities said shipping stocks like PRM outperformed in Q3 2026 because most revenue comes from overseas, and recommended rotating into global-economy and commodity sectors for the rest of the year. This adds to the positive sentiment already built by strong earnings.

    It shows a fresh, broader market endorsement of PRM's overseas-driven business model.

Latest
▲4

PRM rides Middle East conflict to record profit, full fleet, higher dividends

  • Middle East conflict keeps oil storage and tanker demand at full stretch The prolonged Middle East conflict has pushed PRM's floating storage vessels to 100% use and lifted tanker shipments, driving Q2 profit to 551 million baht and revenue up 5% year-on-year. Management expects Q3 to grow again on the same force, with storage demand for oil reserves still strong.

    This is the core force behind PRM's earnings and the main reason analysts keep raising targets.

  • Brokers lift targets and dividends as profit heads for a record year Dao Securities raised its dividend forecast, lifting the yield to 7.1% from 5.5%, and sees 2026 normal profit at a record 2.2 billion baht. Yuanta kept a 12 baht target, expecting a 0.33 baht second-half dividend. PRM also paid a special 0.20 baht interim dividend.

    Higher dividends and record profit forecasts directly support the share price and investor returns.

  • Fleet grows with bigger, more efficient ships to meet rising demand PRM reported first-half net profit of 1,209.4 million baht with operating profit up 28.9%. It is adding six new petroleum and chemical tankers, with the first arriving October 2026, and two domestic tankers in Q4 2026, taking the fleet to 73 vessels by year-end.

    Fleet expansion shows the company investing to capture demand, supporting future revenue growth.

  • PRM named a market outperformer on overseas revenue Bualuang Securities said shipping stocks like PRM outperformed in Q3 2026 because most revenue comes from overseas, and recommended rotating into global-economy and commodity sectors for the rest of the year. This adds to the positive sentiment already built by strong earnings.

    It shows a fresh, broader market endorsement of PRM's overseas-driven business model.

TC Energy Corp (TRP)

Q3 2026
▲4

TC Energy lifts outlook, sells Mexico pipeline, advances Coastal GasLink Phase 2

  • Strong Q2 and raised 2026 EBITDA guidance TC Energy beat second-quarter profit estimates and now expects full-year comparable EBITDA at the top of its $11.6–$11.8 billion range. It also sanctioned about $3 billion of new gas pipeline projects in 2026, including $500 million approved in the quarter. Higher earnings and new growth work support the stock.

    This is the period's core earnings and growth news that directly lifts investor expectations for TRP.

  • CEO raises long-term North American gas demand forecast Management now sees North American natural gas demand growing by 51 billion cubic feet a day by 2035, up from 40 billion a year ago, driven by data centers, electrification and coal-to-gas switching. More demand means more need for TC Energy's pipelines and future expansion projects.

    It explains the long-term demand backdrop that underpins TRP's growth story and pipeline expansions.

  • Sells Guadalajara-Manzanillo pipeline for C$560 million TC Energy agreed to sell its Mexican Guadalajara-Manzanillo pipeline to ESENTIA affiliates for about C$560 million and will redeploy the cash into North American growth projects. The sale trims non-core assets and funds higher-return opportunities, though the price versus lost income was not disclosed.

    It is a new capital-recycling move that shifts money toward growth and supports the investment case.

  • Coastal GasLink Phase 2 proceeds after LNG Canada approval LNG Canada's positive final investment decision satisfied conditions for TC Energy's Coastal GasLink Phase 2, which will nearly double capacity on the existing route. LNG Canada leads construction, limiting TC Energy's cost and schedule exposure, and ties the company to future LNG export volumes.

    It is a major new project confirmation that adds long-term contracted growth with limited capital risk.

August 2026
▲4

TC Energy lifts outlook, sells Mexico pipeline, advances Coastal GasLink Phase 2

  • Strong Q2 and raised 2026 EBITDA guidance TC Energy beat second-quarter profit estimates and now expects full-year comparable EBITDA at the top of its $11.6–$11.8 billion range. It also sanctioned about $3 billion of new gas pipeline projects in 2026, including $500 million approved in the quarter. Higher earnings and new growth work support the stock.

    This is the period's core earnings and growth news that directly lifts investor expectations for TRP.

  • CEO raises long-term North American gas demand forecast Management now sees North American natural gas demand growing by 51 billion cubic feet a day by 2035, up from 40 billion a year ago, driven by data centers, electrification and coal-to-gas switching. More demand means more need for TC Energy's pipelines and future expansion projects.

    It explains the long-term demand backdrop that underpins TRP's growth story and pipeline expansions.

  • Sells Guadalajara-Manzanillo pipeline for C$560 million TC Energy agreed to sell its Mexican Guadalajara-Manzanillo pipeline to ESENTIA affiliates for about C$560 million and will redeploy the cash into North American growth projects. The sale trims non-core assets and funds higher-return opportunities, though the price versus lost income was not disclosed.

    It is a new capital-recycling move that shifts money toward growth and supports the investment case.

  • Coastal GasLink Phase 2 proceeds after LNG Canada approval LNG Canada's positive final investment decision satisfied conditions for TC Energy's Coastal GasLink Phase 2, which will nearly double capacity on the existing route. LNG Canada leads construction, limiting TC Energy's cost and schedule exposure, and ties the company to future LNG export volumes.

    It is a major new project confirmation that adds long-term contracted growth with limited capital risk.

Latest
▲4

TC Energy lifts outlook, sells Mexico pipeline, advances Coastal GasLink Phase 2

  • Strong Q2 and raised 2026 EBITDA guidance TC Energy beat second-quarter profit estimates and now expects full-year comparable EBITDA at the top of its $11.6–$11.8 billion range. It also sanctioned about $3 billion of new gas pipeline projects in 2026, including $500 million approved in the quarter. Higher earnings and new growth work support the stock.

    This is the period's core earnings and growth news that directly lifts investor expectations for TRP.

  • CEO raises long-term North American gas demand forecast Management now sees North American natural gas demand growing by 51 billion cubic feet a day by 2035, up from 40 billion a year ago, driven by data centers, electrification and coal-to-gas switching. More demand means more need for TC Energy's pipelines and future expansion projects.

    It explains the long-term demand backdrop that underpins TRP's growth story and pipeline expansions.

  • Sells Guadalajara-Manzanillo pipeline for C$560 million TC Energy agreed to sell its Mexican Guadalajara-Manzanillo pipeline to ESENTIA affiliates for about C$560 million and will redeploy the cash into North American growth projects. The sale trims non-core assets and funds higher-return opportunities, though the price versus lost income was not disclosed.

    It is a new capital-recycling move that shifts money toward growth and supports the investment case.

  • Coastal GasLink Phase 2 proceeds after LNG Canada approval LNG Canada's positive final investment decision satisfied conditions for TC Energy's Coastal GasLink Phase 2, which will nearly double capacity on the existing route. LNG Canada leads construction, limiting TC Energy's cost and schedule exposure, and ties the company to future LNG export volumes.

    It is a major new project confirmation that adds long-term contracted growth with limited capital risk.