TMD Energy Limited (TMDE)
TMD Energy Limited operates in the Oil & Gas Refining & Marketing industry of the Energy sector, headquartered in Kuala Lumpur, WP, MY. The stock last traded at $0.72, down 0.43% on the session, giving a market capitalisation of $17.0M. On trailing twelve-month figures it carries a trailing P/E of 8.86, a net margin of 0.3%. Its beta of -1.64 implies it has historically moved less than the broad market.
TMD Energy Limited, an investment holding entity, centers its operations on delivering marine fuel bunkering solutions across key Southeast Asian and East Asian maritime hubs, specifically Hong Kong, Malaysia, Indonesia, Singapore, and Vietnam. The company specializes in the marketing and distribution of various marine fuels, including high-sulfur fuel oil, low-sulfur fuel oil, and very low-sulfur fuel oil, as well as marine gas, to the shipping industry. Beyond its core fuel supply business, TMD Energy diversifies its service portfolio to encompass vessel chartering and comprehensive ship management for both its own and external fleets. Additional offerings include the sale of cargo oil and potable water, alongside general vessel cleaning and disinfection services. Operating with a fleet of 15 meticulously maintained bunkering vessels, TMD Energy Limited was established in 2023 and is headquartered in Kuala Lumpur, Malaysia. It operates as a subsidiary of Straits Energy Resources Berhad.
TMD Energy Limited is most often compared with the following Energy names: