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Okeanis Eco TankersNYSE: ECO

Profile

Country:

Greece

IPO:

20 December 2023

Next earnings report:

08 November 2024

Last dividends:

21 August 2024

Next dividends:

N/A
$868.92 M
-26%vs. 3y high
47%vs. sector
-24%vs. 3y high
11%vs. sector
-26%vs. 3y high
50%vs. sector
-24%vs. 3y high
66%vs. sector

Price

after hours | Fri, 01 Nov 2024 22:00:06 GMT
$26.99-$0.45(-1.62%)
$111.99 M$74.61 M
$111.99 M$39.57 M

Analysts recommendations

Institutional Ownership

ECO Latest News

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.

Okeanis Eco Tankers Corp. – Ex Dividend Date
globenewswire.com20 August 2024 Sentiment: POSITIVE

ATHENS, Greece, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q2 2024 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE: OET) on August 9, 2024. The Company's shares will be traded ex dividend USD 1.10 per common share on the Oslo Stock Exchange from today, August 20, 2024 and on the New York Stock Exchange from tomorrow, August 21, 2024.

Okeanis Eco Tankers Corp. (ECO) Q2 2024 Earnings Call Transcript
seekingalpha.com10 August 2024 Sentiment: NEUTRAL

Okeanis Eco Tankers Corp. (NYSE:ECO ) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Aristidis Alafouzos - CEO Iraklis Sbarounis - CFO Conference Call Participants Liam Burke - B. Riley Petter Haugen - ABG Bendik Nyttingnes - Clarksons Securities Operator Welcome to OETs Second Quarter 2024 Financial Results Presentation.

Okeanis Eco Tankers Corp. – Key Information relating to Q2 2024 dividend
globenewswire.com09 August 2024 Sentiment: POSITIVE

ATHENS, Greece, Aug. 09, 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. – Unaudited Condensed Financial Statements for the Second Quarter and Six-Month Period of 2024
globenewswire.com09 August 2024 Sentiment: NEUTRAL

ATHENS, Greece, Aug. 09, 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 second quarter and six-month period of 2024, which are attached to this press release.

Okeanis Eco Tankers Corp. – Invitation to Q2 2024 Results Conference Call and Webcast
globenewswire.com05 August 2024 Sentiment: POSITIVE

ATHENS, Greece, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited interim condensed results for the second quarter and first half year ended June 30, 2024, on Friday, August 9, 2024, and a webcast/teleconference will be held at 14:30 CET.

Analysts Estimate Okeanis Eco Tankers Corp. (ECO) to Report a Decline in Earnings: What to Look Out for
zacks.com02 August 2024 Sentiment: NEGATIVE

Okeanis Eco Tankers Corp. (ECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Best Value Stocks to Buy for June 20th
zacks.com20 June 2024 Sentiment: POSITIVE

ODP, ECO and TRMK made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 20, 2024.

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 08 November 2024