Toro Corp. (TORO) Earnings

Toro Corp. is a shipping company, which engages in the acquisition, owning, chartering, and operation of oceangoing tanker vessels. Toro Corp is a shipping company that acquires, owns, charters and operates oceangoing tanker vessels and provides worldwide seaborne transportation services for crude oil and refined petroleum products. The firm operates tanker vessels that engage in the worldwide transportation of crude oil and refined petroleum products using Aframax/LR2 tankers, which transport crude oil, and Handysize tankers, which transport refined petroleum products. The firm operates in two reportable segments: the Aframax/LR2 tanker segment, which provides transportation of crude oil and the Handysize tanker segment, which provides transportation of crude oil as well as refined petroleum products.