Ardmore Q3 2026 slides: MR rates surge 130% YoY into Q4
Ardmore Shipping (ASC) reported Q3 2026 adjusted earnings of $16.3M ($0.40 EPS) and a 16th consecutive dividend of $0.27. MR tanker rates surged 130% YoY to $57,600/day in Q4. Revenue beat estimates at $87.71M, but shares fell 5.36% as EPS missed forecasts. The company cited geopolitical disruptions and inventory restocking as drivers. Ardmore sold an MR tanker for $34.3M and plans fleet expansion with newbuildings.


