Okeanis Eco Tankers Corp. (ECO)

NYSE: ECO · Real-Time Price · USD
22.54
+1.13 (5.28%)
Dec 3, 2024, 12:31 PM EST - Market open
5.28%
Market Cap 703.20M
Revenue (ttm) 399.71M
Net Income (ttm) 116.93M
Shares Out 32.19M
EPS (ttm) 3.63
PE Ratio 6.21
Forward PE 7.18
Dividend $3.31 (14.69%)
Ex-Dividend Date Nov 15, 2024
Volume 221,537
Open 21.37
Previous Close 21.41
Day's Range 21.33 - 23.04
52-Week Range 20.95 - 36.69
Beta -0.03
Analysts Strong Buy
Price Target 44.00 (+95.21%)
Earnings Date Nov 8, 2024

About ECO

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. [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2018
Employees 14
Stock Exchange NYSE
Ticker Symbol ECO
Full Company Profile

Financial Performance

In 2023, Okeanis Eco Tankers's revenue was $413.10 million, an increase of 52.45% compared to the previous year's $270.97 million. Earnings were $145.25 million, an increase of 71.77%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ECO stock is "Strong Buy" and the 12-month stock price forecast is $44.0.

Price Target
$44.0
(95.21% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Top 3 Energy Stocks That Could Blast Off In December

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: DHTFRO
1 day ago - Benzinga

Of 36 Dividend Power Dogs, 11 Are Buyable In November

Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on h...

4 days ago - Seeking Alpha

Okeanis Eco Tankers Corp. – Ex Dividend Date

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...

18 days ago - GlobeNewsWire

Okeanis Eco Tankers Remains A Top Pick Post Earnings, Maintain Buy

Okeanis Eco Tankers remains a top pick due to its superior fleet, competitive TCE rates, and attractive dividends. ECO handles day rate volatility well. The new fleet pays off. For 3Q24, ECO outperfor...

18 days ago - Seeking Alpha

Okeanis Eco Tankers: Leveraging Efficiency, Valuation, And High Dividends

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 a...

19 days ago - Seeking Alpha

Okeanis Eco Tankers Corp. – 2023 ESG Report

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 Govern...

21 days ago - GlobeNewsWire

Okeanis Eco Tankers Corp. (ECO) Q3 2024 Earnings Call Transcript

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 L...

24 days ago - Seeking Alpha

Okeanis Eco Tankers Corp. – Key Information relating to Q3 2024 dividend

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 dec...

25 days ago - GlobeNewsWire

Okeanis Eco Tankers Corp. Reports Financial Results for the Third Quarter and Nine-Month Period of 2024

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 repo...

25 days ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – Invitation to Q3 2024 Results Conference Call and Webcast

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 nin...

27 days ago - GlobeNewsWire

Okeanis Eco Tankers: Young Fleet, Double Digit Dividend, Room To Improve

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 high...

6 weeks ago - Seeking Alpha

Okeanis Eco Tankers: Top Management, Long-Term Double-Digit Yield Potential

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 ensure...

2 months ago - Seeking Alpha

Okeanis Eco Tankers: Top-Spec Fleet, Solid Balance Sheet, And Tempting Yield

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 rate...

2 months ago - Seeking Alpha

Okeanis Eco Tankers To Benefit From Crude Tanker Rate Rebound

Okeanis Tankers has a modern fleet of tanker vessels, focusing on fuel-efficient and compliant vessels, offering a high dividend yield and attractive earnings. The tanker market is expected to enter a...

3 months ago - Seeking Alpha

Okeanis Eco Tankers Corp. (ECO) Q2 2024 Earnings Call Transcript

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 Lia...

4 months ago - Seeking Alpha

Okeanis Eco Tankers Corp. – Key Information relating to Q2 2024 dividend

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 dec...

4 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Second Quarter and Six-Month Period of 2024

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 repo...

4 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – Invitation to Q2 2024 Results Conference Call and Webcast

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 fi...

4 months ago - GlobeNewsWire

70 All-Star And Graham Value Stocks: 57 Fit To Buy In June

Large Cap Value rankings from YCharts identify stocks with low prices relative to their assets and profits. The Ben Graham Formula strategy selects stable stocks with strong earnings and dividends bas...

5 months ago - Seeking Alpha

Okeanis Eco Tankers Corp. – New Financing Update

ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“we”, the “Company”, “OET” or “Okeanis”) (NYSE:ECO / OSE:OET) is pleased to announce the following financing update relatin...

5 months ago - GlobeNewsWire

Okeanis Eco Tankers: Recent Dip Is An Opportunity To Accumulate

Recent weakness in VLCC rates and rumors of a resolution to the Red Sea situation have caused a 17% retracement in the stock price. The long-term fundamentals of the crude tanker market remain solid: ...

6 months ago - Seeking Alpha

Okeanis Eco Tankers Corp. – Ex dividend USD 1.10 per common share today

ATHENS, Greece, June 04, 2024 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q1 2024 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE...

6 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – 2024 Annual Meeting of Shareholders held

ATHENS, Greece, May 31, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE:ECO / OSE:OET) today announced that the 2024 Annual Meeting of the Shareholders of the Company...

6 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. – New Financings Update

ATHENS, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“we”, the “Company”, “OET” or “Okeanis”) (NYSE:ECO / OSE:OET) is pleased to announce the following financings update relatin...

6 months ago - GlobeNewsWire

Okeanis Eco Tankers Corp. (ECO) Q1 2024 Earnings Call Transcript

Okeanis Eco Tankers Corp. (ECO) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha