Harris Kupperman of Praetorian Capital shared his perspective in a Q&A session at our special event, Intelligent Investing in Crisis Mode 2020.

Harris presented his bullish thesis on oil tanker companies, arguing that the low spot price of oil, coupled with the large contango in oil futures, provides an ideal environment for tankers to store oil at exceedingly high rates of return.

We touched on several companies during the conversation, including DHT Holdings (NYSE: DHT), Euronav (NYSE: EURN), Dorian LPG (NYSE: LPG), Scorpio Tankers (NYSE: STNG), and Teekay Tankers (NYSE: TNK).

Harris has written up his thesis in a blog post at AdventuresInCapitalism.com.

Replay this session (recorded on March 20, 2020):

audio recording

About the instructor:

Harris Kupperman has been investing in the markets for more than two decades. He founded Praetorian Capital in 2003. Harris also serves as CEO of Mongolia Growth Group (Canada: YAK, US: MNGGF). Harris blogs at Adventures in Capitalism. He is also active on Twitter.

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