Active · established relationshipLatest completed snapshot · 04:10 ET

MARKET-DISCOVERED GROUP

Oil & Gas Midstream

THE TRADER READShared activity without a clean directional read

Price direction is split across 15 measured members. Capital-flow agreement is 22%, so the basket is not yet clean.

Price breadth6 up · 9 downRelative median unavailable

Capital-flow alignment22%Price breadth is not yet confirmed by flow

Activity nowNormalActivity score 54/100 · lift 1.0×

Evidence depth8 episodes35 observed active sessions

EVIDENCE CLOCK

What happened, in timestamp order

0 timed events

TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations

Price sequence unavailableA timestamped price sequence is unavailable.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast

WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

No high-confidence shared filing driver is available. The market relationship is observed, but the cause remains unexplained.

CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

PANLNot confirming

INSW · text peer

CCLNot confirming

INSW · text peer

RCLNot confirming

INSW · text peer

LPGNot confirming

INSW · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

TNKTIMBCIGVIVSBSINSWDHTHAFNCMRETRMDSTNGASCNATTENAMX

10/15 active6 rising · 9 falling

MemberUnusual activityToday's moveRead now

TNKTeekay Tankers Ltd.

Most unusual · 100/100

-2.3%

Flow confirmerActive in 40% of observed group sessions

TIMBTIM S.A.

Elevated · 97/100

+0.4%

Active; unclassifiedActive in 0% of observed group sessions

CIGComp En De Mn Cemig

Elevated · 95/100

+3.6%

Active; unclassifiedActive in 0% of observed group sessions

VIVTelefonica Brasil S.A.

Elevated · 75/100

+1.6%

Active; unclassifiedActive in 0% of observed group sessions

SBSCompanhia de Saneamento Básico do Estado de São Paulo - SABESP

Elevated · 71/100

+3.7%

Active; unclassifiedActive in 0% of observed group sessions

INSWInternational Seaways, Inc.

Elevated · 71/100

-1.0%

Flow confirmerActive in 45.7% of observed group sessions

DHTDHT Holdings, Inc.

Elevated · 58/100

-2.7%

Flow divergenceActive in 20% of observed group sessions

HAFNHafnia Limited

Elevated · 55/100

+0.7%

Active; unclassifiedActive in 17.1% of observed group sessions

CMRECostamare Inc.

Elevated · 55/100

+0.9%

Active; unclassifiedActive in 37.1% of observed group sessions

TRMDTORM plc Class A Common Stock

Elevated · 52/100

-0.5%

Active; unclassifiedActive in 45.7% of observed group sessions

STNGScorpio Tankers Inc.

Quiet · 24/100

-1.3%

Watch / laggardActive in 57.1% of observed group sessions

ASCArdmore Shipping Corporation

Quiet · 0/100

-1.4%

Watch / laggardActive in 11.4% of observed group sessions

NATNordic American Tankers Limited

Quiet · 0/100

-1.4%

Watch / laggardActive in 2.9% of observed group sessions

TENTsakos Energy Navigation Ltd

Quiet · 0/100

-0.5%

Watch / laggardActive in 8.6% of observed group sessions

AMXAmerica Movil, S.A.B. de C.V.

Quiet · 0/100

-0.2%

Watch / laggardActive in 0% of observed group sessions

View exact member values

TICKER	Company	Role now	Today	Observed history	Trader interpretation
TNK	Teekay Tankers Ltd.	Most unusual	-2.3%	40% of 35 sessions	Most unusual activity in this snapshot; performance direction may differ.
TIMB	TIM S.A.	Participating	+0.4%	0% of 35 sessions	Price participation is not yet confirmed by per-name flow.
CIG	Comp En De Mn Cemig	Participating	+3.6%	0% of 35 sessions	Price participation is not yet confirmed by per-name flow.
VIV	Telefonica Brasil S.A.	Participating	+1.6%	0% of 35 sessions	Price participation is not yet confirmed by per-name flow.
SBS	Companhia de Saneamento Básico do Estado de São Paulo - SABESP	Participating	+3.7%	0% of 35 sessions	Price participation is not yet confirmed by per-name flow.
INSW	International Seaways, Inc.	Participating	-1.0%	45.7% of 35 sessions	Price participation with accumulating signed flow.
DHT	DHT Holdings, Inc.	Participating	-2.7%	20% of 35 sessions	Price participation with distributing signed flow.
HAFN	Hafnia Limited	Participating	+0.7%	17.1% of 35 sessions	Price participation is not yet confirmed by per-name flow.
CMRE	Costamare Inc.	Participating	+0.9%	37.1% of 35 sessions	Price participation is not yet confirmed by per-name flow.
TRMD	TORM plc Class A Common Stock	Participating	-0.5%	45.7% of 35 sessions	Price participation is not yet confirmed by per-name flow.
STNG	Scorpio Tankers Inc.	Quiet / lagging	-1.3%	57.1% of 35 sessions	Not participating yet; a breadth test or a genuine divergence.
ASC	Ardmore Shipping Corporation	Quiet / lagging	-1.4%	11.4% of 35 sessions	Not participating yet; a breadth test or a genuine divergence.
NAT	Nordic American Tankers Limited	Quiet / lagging	-1.4%	2.9% of 35 sessions	Not participating yet; a breadth test or a genuine divergence.
TEN	Tsakos Energy Navigation Ltd	Quiet / lagging	-0.5%	8.6% of 35 sessions	Not participating yet; a breadth test or a genuine divergence.
AMX	America Movil, S.A.B. de C.V.	Quiet / lagging	-0.2%	0% of 35 sessions	Not participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome

POINT-IN-TIME LIVE OUTCOMES

Observed follow-through

7/7 events completed

30 minutes+0.09%67% continuation · n=3Median MFE +0.21% · MAE -0.52%

60 minutes-0.08%33% continuation · n=3Median MFE +0.21% · MAE -0.52%

Session close-0.08%33% continuation · n=3Median MFE +0.21% · MAE -0.52%

Next-session close-0.08%33% continuation · n=3Median MFE +0.21% · MAE -0.52%

moderate structural support

8 completed episodes across 35 active sessions provide moderate historical support. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support104 daysHow often the cohort identity was observed

Completed episodes8Separate periods of broad group activity

Active sessions35Completed session observations, not trades

2026-07-21 → 2026-08-1715 active sessionsNo name was active through every recorded session

2026-07-07 → 2026-07-167 active sessionsNo name was active through every recorded session

2026-06-24 → 2026-07-026 active sessionsNo name was active through every recorded session

2026-06-16 → 2026-06-183 active sessionsNo name was active through every recorded session

2026-06-051 active session100% composition consistency through the episode

2026-05-291 active session100% composition consistency through the episode

MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS

STNG57.1% · 7 episodes

INSW45.7% · 4 episodes

TRMD45.7% · 5 episodes

TNK40% · 4 episodes

CMRE37.1% · 5 episodes

DHT20% · 5 episodes

HAFN17.1% · 3 episodes

ASC11.4% · 3 episodes

TEN8.6% · 2 episodes

NAT2.9% · 1 episode

AMX0% · 0 episodes

CIG0% · 0 episodes

SBS0% · 0 episodes

TIMB0% · 0 episodes

VIV0% · 0 episodes