EVIDENCE CLOCK
0 timed eventsWhat happened, in timestamp order
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.
MARKET-DISCOVERED GROUP
Oil & Gas Midstream
THE TRADER READRecurring relationship, inactive in the latest snapshot
Price direction is split across 13 measured members. Capital-flow agreement is 25%, so the basket is not yet clean.
Price breadth10 up · 2 downRelative median unavailable
Capital-flow alignment25%Price breadth is not yet confirmed by flow
Activity nowCalmActivity score 4/100 · lift 0.8×
Evidence depth9 episodes36 observed active sessions
01 · WHAT IS HAPPENING
The move, the flow and who is driving it
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT
Session-normalizedHow the members are behaving together
Observed intraday paths are not available for this group yet.
02 · WHY IT MATTERS
Why now and where the move could travel
WHY NOW
0 itemsVerified recent context
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
3 outsiders confirmingOutsiders and cross-asset links
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.
03 · WHO IS IN IT
Member participation
NVGSBWLPINSWNATSTNGCMBTTNKDHTTENTKTRMDLPGFRO
5/13 active11 rising · 2 falling
MemberUnusual activityToday's moveRead now
NVGSNavigator Holdings Ltd.
Most unusual · 100/100
+0.8%
Active; unclassifiedActive in 19.4% of observed group sessions
BWLPBW LPG Limited
Elevated · 67/100
+1.5%
Active; unclassifiedActive in 22.2% of observed group sessions
INSWInternational Seaways, Inc.
Elevated · 52/100
+0.0%
Flow confirmerActive in 44.4% of observed group sessions
NATNordic American Tankers Limited
Elevated · 40/100
-1.0%
Flow confirmerActive in 5.6% of observed group sessions
STNGScorpio Tankers Inc.
Quiet · 32/100
+0.1%
Watch / laggardActive in 58.3% of observed group sessions
CMBTCmb.Tech NV
Elevated · 31/100
-0.1%
Active; unclassifiedActive in 22.2% of observed group sessions
TNKTeekay Tankers Ltd.
Elevated · 26/100
+0.2%
Active; unclassifiedActive in 38.9% of observed group sessions
DHTDHT Holdings, Inc.
Quiet · 26/100
+0.7%
Watch / laggardActive in 22.2% of observed group sessions
TENTsakos Energy Navigation Limited
Quiet · 22/100
+0.3%
Watch / laggardActive in 8.3% of observed group sessions
TKTeekay Corporation Ltd.
Quiet · 19/100
+1.1%
Watch / laggardActive in 5.6% of observed group sessions
TRMDTORM plc
Quiet · 15/100
+5.3%
Watch / laggardActive in 44.4% of observed group sessions
LPGDorian LPG Ltd.
Quiet · 15/100
+1.1%
Watch / laggardActive in 2.8% of observed group sessions
FROFrontline plc
Quiet · 13/100
+0.7%
Watch / laggardActive in 16.7% of observed group sessions
View exact member values
| TICKER | Company | Role now | Today | Observed history | Trader interpretation |
|---|---|---|---|---|---|
| NVGS | Navigator Holdings Ltd. | Most unusual | +0.8% | 19.4% of 36 sessions | Most unusual activity in this snapshot; performance direction may differ. |
| BWLP | BW LPG Limited | Participating | +1.5% | 22.2% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| INSW | International Seaways, Inc. | Participating | +0.0% | 44.4% of 36 sessions | Price participation with accumulating signed flow. |
| NAT | Nordic American Tankers Limited | Participating | -1.0% | 5.6% of 36 sessions | Price participation with accumulating signed flow. |
| STNG | Scorpio Tankers Inc. | Quiet / lagging | +0.1% | 58.3% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| CMBT | Cmb.Tech NV | Participating | -0.1% | 22.2% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| TNK | Teekay Tankers Ltd. | Participating | +0.2% | 38.9% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| DHT | DHT Holdings, Inc. | Quiet / lagging | +0.7% | 22.2% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| TEN | Tsakos Energy Navigation Limited | Quiet / lagging | +0.3% | 8.3% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| TK | Teekay Corporation Ltd. | Quiet / lagging | +1.1% | 5.6% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| TRMD | TORM plc | Quiet / lagging | +5.3% | 44.4% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| LPG | Dorian LPG Ltd. | Quiet / lagging | +1.1% | 2.8% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| FRO | Frontline plc | Quiet / lagging | +0.7% | 16.7% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
04 · HAS THIS HAPPENED BEFORE
Identity history versus measured outcomes
POINT-IN-TIME LIVE OUTCOMES
7/7 events completedObserved follow-through
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
9 completed episodes across 36 active sessions provide moderate historical support. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.
Structural support124 daysHow often the cohort identity was observed
Completed episodes9Separate periods of broad group activity
Active sessions36Completed session observations, not trades
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS