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TMD Energy Limited (TMDE) stock surged +75.20%, trading at $1.31 on AMEX, up from the previous close of $0.75. The stock opened at $1.25, fluctuating between $1.03 and $1.67 in the recent session.
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.
Employees | 66 |
Beta | 0 |
Sales or Revenue | N/A |
5Y Sales Change% | -0.098% |
Fiscal Year Ends | N/A |
Sector | Energy |
Industry | Oil & Gas Refining & Marketing |