No headlines found.
TMD Energy Limited Announces Changes to Its Board of Directors
Globe Newswire (Tue, 17-Feb 8:00 AM ET)
TMD Energy Ltd is engaged in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil (including high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil), to ships and vessels at sea. It is also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering. It is currently operating with a fleet of nearly 15 bunkering vessels ranging from 540 dwt to 7,820 dwt, of which nearly nine (9) are double bottom and double hull vessels with an average cargo-carrying capacity of approximately 4,200 dwt each.
TMD Energy trades on the AMEX stock market under the symbol TMDE.
As of April 29, 2026, TMDE stock price climbed to $1.35 with 508,224 million shares trading.
TMDE has a beta of -1.62, meaning it tends to be less sensitive to market movements. TMDE has a correlation of 0.01 to the broad based SPY ETF.
TMDE has a market cap of $31.81 million. This is considered a Sub-Micro Cap stock.
TMDE has underperformed the market in the last year with a price return of -14.6% while the SPY ETF gained +30.5%. However, in the short term, TMDE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +98.1% vs +2.6% return in SPY. But in the last 2 weeks, TMDE shares have been beat by the market, returning +1.5% compared to an SPY return of +2.5%.
TMDE support price is $1.08 and resistance is $1.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TMDE shares will trade within this expected range on the day.
