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Okeanis Eco TankersNYSE: ECO

Profile

Country:

Greece

IPO:

20 December 2023

Next earnings report:

28 February 2025

Last dividends:

18 November 2024

Next dividends:

N/A
$764.98 M
-34%vs. 3y high
44%vs. sector
-33%vs. 3y high
9%vs. sector
-33%vs. 3y high
46%vs. sector
-33%vs. 3y high
60%vs. sector

Price

pre-market | 13 min ago
$23.76-$0.38(-1.57%)
$84.93 M$53.05 M
$84.93 M$14.55 M

Analysts recommendations

Institutional Ownership

ECO Latest News

Okeanis Eco Tankers Corp. – Ex Dividend Date
globenewswire.com15 November 2024 Sentiment: POSITIVE

ATHENS, Greece, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q3 2024 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE: OET) on November 8, 2024. The Company's shares will be traded ex dividend USD 0.45 per common share on the Oslo Stock Exchange from today, November 15, 2024 and on the New York Stock Exchange from November 18, 2024.

Okeanis Eco Tankers: Leveraging Efficiency, Valuation, And High Dividends
seekingalpha.com14 November 2024 Sentiment: POSITIVE

Okeanis Eco Tankers is a compelling buy due to its young, efficient fleet, attractive valuation, and high dividend yield. Despite a decline in Q3 revenue and profits, ECO's proactive debt management and operational efficiency position it well for long-term value. ECO's P/E ratios and EV/EBIT metrics indicate undervaluation, offering a strong margin of safety for investors willing to navigate sector volatility.

Okeanis Eco Tankers Corp. – 2023 ESG Report
globenewswire.com11 November 2024 Sentiment: POSITIVE

ATHENS, Greece, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today the publication of its 3rd Environmental, Social and Governance Report (the “2023 ESG Report”), which has been developed in accordance with the Global Reporting Initiative (GRI 2021 Standards) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation.

Okeanis Eco Tankers Corp. (ECO) Q3 2024 Earnings Call Transcript
seekingalpha.com09 November 2024 Sentiment: NEUTRAL

Okeanis Eco Tankers Corp. (NYSE:ECO ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Aristidis Alafouzos - CEO Iraklis Sbarounis - CFO Conference Call Participants Liam Burke - B. Riley Operator Welcome to OETs Third Quarter 2024 Financial Results presentation.

Okeanis Eco Tankers Corp. – Key Information relating to Q3 2024 dividend
globenewswire.com08 November 2024 Sentiment: POSITIVE

ATHENS, Greece, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares, which is classified as a return of capital for accounting purposes (the “Dividend”).

Okeanis Eco Tankers Corp. Reports Financial Results for the Third Quarter and Nine-Month Period of 2024
globenewswire.com08 November 2024 Sentiment: NEUTRAL

ATHENS, Greece, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the third quarter and nine-month period of 2024, which are attached to this press release.

Okeanis Eco Tankers Corp. – Invitation to Q3 2024 Results Conference Call and Webcast
globenewswire.com05 November 2024 Sentiment: POSITIVE

ATHENS, Greece, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited interim condensed results for the third quarter and nine-month period ended September 30, 2024, on Friday, November 8, 2024, and a webcast/teleconference will be held at 14:30 CET.

Okeanis Eco Tankers: Young Fleet, Double Digit Dividend, Room To Improve
seekingalpha.com21 October 2024 Sentiment: POSITIVE

Okeanis Eco Tankers is a BUY due to its young, efficient fleet of VLCC and Suezmax vessels, leading to high operating margins. Despite high operating efficiency, ECO's significant debt results in higher cash breakeven, but variable interest rates offer potential relief as rates decline. The large tanker market is in a cyclical upswing, with aging fleets and low order books, positioning ECO advantageously for future growth.

Okeanis Eco Tankers: Top Management, Long-Term Double-Digit Yield Potential
seekingalpha.com23 September 2024 Sentiment: POSITIVE

Okeanis Eco Tankers offers superior operational performance and high dividend yields, driven by aligned management and a modern, eco-friendly fleet. The Alafouzos family's significant ownership ensures long-term focus and strategic decision-making, bolstering shareholder value and operational efficiency. OET's active fleet management and market adaptability result in higher TCE rates and cost efficiency, even in weaker market conditions.

Okeanis Eco Tankers: Top-Spec Fleet, Solid Balance Sheet, And Tempting Yield
seekingalpha.com11 September 2024 Sentiment: POSITIVE

Okeanis Eco Tankers has a 100% scrubber-equipped fleet, solid financials, and a 9.45% TTM dividend yield. The company's management took advantage of a wider spread between dirty and clean freight rates. Four of the company's VLCCs were cleaned up and turned into LR4s. ECO's recent refinancing improved its debt maturity schedule, enhancing liquidity and reducing capital expenses.

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What type of business is Okeanis Eco Tankers?

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

What sector is Okeanis Eco Tankers in?

Okeanis Eco Tankers is in the Industrials sector

What industry is Okeanis Eco Tankers in?

Okeanis Eco Tankers is in the Marine Shipping industry

What country is Okeanis Eco Tankers from?

Okeanis Eco Tankers is headquartered in Greece

When did Okeanis Eco Tankers go public?

Okeanis Eco Tankers initial public offering (IPO) was on 20 December 2023

What is Okeanis Eco Tankers website?

https://www.okeanisecotankers.com

Is Okeanis Eco Tankers in the S&P 500?

No, Okeanis Eco Tankers is not included in the S&P 500 index

Is Okeanis Eco Tankers in the NASDAQ 100?

No, Okeanis Eco Tankers is not included in the NASDAQ 100 index

Is Okeanis Eco Tankers in the Dow Jones?

No, Okeanis Eco Tankers is not included in the Dow Jones index

When was Okeanis Eco Tankers the previous earnings report?

No data

When does Okeanis Eco Tankers earnings report?

The next expected earnings date for Okeanis Eco Tankers is 28 February 2025