TMD Energy Limited

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TMD Energy Limited (TMDE) Price Performance

TMD Energy Limited (TMDE) trades on United States in USD. The company is classified in the Energy sector under the Oil & Gas Midstream industry. The stock currently trades at $1.32, up 5.60% from the previous close.

Over the past year, TMDE has traded between a low of $0.41 and a high of $4.04. The stock has lost 16.5% over this period. It is currently 67.3% below its 52-week high.

TMD Energy Limited has a market capitalization of $54.91M, with a price-to-earnings ratio of 29.25.

About TMD Energy Limited

TMD Energy Limited, an investment holding company, provides marine fuel bunkering services in Hong Kong, Malaysia, Indonesia, Singapore, and Vietnam. The company involved in marketing and supply of marine gas and fuel oil, including high sulfur fuel oil, low sulfur fuel oil, and very low sulfur fuel oil products to ships and vessels. It also provides vessel chartering and ship management services for in-house and external vessels; sale of cargo oil and fresh water; and general cleaning and disinfecting services. It operates with a fleet of 15 well-maintained bunkering vessels. TMD Energy Limited was incorporated in 2023 and is based in the Kuala Lumpur, Malaysia. TMD Energy Limited is a subsidiary of Straits Energy Resources Berhad.

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