Euronav NV (EURN)
| Market Cap | 3.31B |
| Revenue (ttm) | 1.63B |
| Net Income (ttm) | 858.03M |
| Shares Out | 202.23M |
| EPS (ttm) | 4.25 |
| PE Ratio | 3.85 |
| Forward PE | 5.30 |
| Dividend | $3.17 (19.39%) |
| Ex-Dividend Date | Dec 12, 2023 |
| Volume | 243,088 |
| Open | 16.15 |
| Previous Close | 16.37 |
| Day's Range | 16.11 - 16.41 |
| 52-Week Range | 14.10 - 18.51 |
| Beta | -0.15 |
| Analysts | Hold |
| Price Target | 19.34 (+18.29%) |
| Earnings Date | May 9, 2024 |
About EURN
Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV. [Read more]
Financial Performance
In 2023, Euronav NV's revenue was $1.63 billion, an increase of 68.83% compared to the previous year's $965.97 million. Earnings were $858.03 million, an increase of 322.15%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for EURN stock is "Hold." The 12-month stock price forecast is $19.34, which is an increase of 18.29% from the latest price.
News
FRO – Investor Presentation – Fully funded acquisition of 24 modern VLCCs from Euronav NV
Frontline plc. will host an investor presentation in relation with the announcement «Fully funded acquisition of 24 modern VLCCs from Euronav NV» today, Monday October 9, 2023. A webcast and conferenc...
FRO – Fully funded acquisition of 24 modern VLCCs from Euronav NV
Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that as an integrated solution to the strategic and structural deadlock in Euronav NV (“Euronav”), Frontline has entered into agreement...
FRO – Reference to stock announcement by Euronav BV
With reference to the stock announcement by Euronav BV (“Euronav”) on 5 October 2023, Frontline plc (“Frontline” or the “Company”) confirms that Frontline, CMB NV (“CMB”) and Euronav, are in discussio...
FRO - Withdrawing Intention to Bid - Communication in Accordance with Article 8, §1 of the Royal Decree of 27 April 2007 on Public Takeover Bids
Regulated information. This press release contains inside information within the meaning of Regulation (EU) no 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse (mar...
Why Euronav, Frontline And PBF Energy Stock Are Seeing Blue Skies - Frontline (NYSE:FRO), Euronav (NYSE:EURN)
Euronav NV EURN, Frontline Ltd FRO and PBF Energy Inc PBF shares are all trading sharply higher going into the close of Monday's session. Shares of energy companies at large are trading higher amid an...
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Euronav NV Merger
Wilmington, Delaware--(Newsfile Corp. - July 12, 2022) - Rigrodsky Law, P.A. is investigating Euronav NV ("Euronav") (NYSE: EURN) regarding possible breaches of fiduciary duties and other violations o...
FRONTLINE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Frontline Ltd. - FRO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Frontline Ltd....
EURN Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Euronav NV Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Euronav NV (NYSE: EURN) to Frontline Ltd. for 1.45 Frontline shares for every Euronav sha...
FRO - Fronline Ltd. and Euronav NV sign definitive combination agreement to create a leading global independent oil tanker operator
The combined group will create a leading global independent oil tanker owner and operator with the management, capabilities, resources and scale to successfully capitalise on the opportunities present...
FRO - Private acquisitions of Euronav shares in exchange for Frontline shares completed
Frontline Ltd. (“Frontline” or the "Company") (NYSE: FRO – OSE: FRO) announces that it has agreed to acquire in privately negotiated transactions with certain shareholders of Euronav N.V. (NYSE: EURN ...
FRO – Private acquisitions of Euronav shares in exchange for Frontline shares completed
FRO – Private acquisitions of Euronav shares in exchange for Frontline shares completed
Shipping stocks take another beating, sinking by double digits
Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil ...
Should I buy Euronav shares after the company announced a merger with Frontline?
Euronav (STU: OCW) shares have advanced from €8.95 to €12.11 since March 30, 2022, and the current price stands at €11.62. Last week, Euronav announced a $4.2 billion merger with Frontline that would ...
Oil tanker groups Euronav and Frontline plan $4.2 billion tie-up
Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that they said would cut costs and help in their low-carbon tr...
Oil Tanker Stocks Extend Rally Despite U.S. Talks Of Banning Oil Imports From Russia
Shipping companies are pulling out of Russia but still enjoying high rates to export oil elsewhere from the U.S., West Africa and the Middle East.
Tanker shares jump as war rages; other shipping shares mixed
One of the axioms of shipping is that war can boost freight rates and share prices, particularly for tankers. Since Russia invaded Ukraine last week, tanker shares have indeed outperformed, but upside...
Should I invest in Euronav shares in February 2022?
Euronav (STU: OCW) shares have weakened from €9.61 to €7.43 since October 19, 2021, and the current price stands at €7.80. One of the largest crude oil tanker companies Euronav is one of the largest i...
Which shipping stocks rose the most in wake of COVID pandemic?
The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — ha...
Will Take Two Weeks to Clear Vessels in Suez Canal: Euronav
Mar.29 -- Hugo De Stoop, chief executive officer at Euronav NV, an international shipping company that focuses on transporting oil by sea, discusses how the giant container ship blocking the Suez Cana...
OPEC+ deal shocker will prolong bloodletting for crude tankers
The day before the surprise OPEC+ crude-production decision, Lars Barstad, interim CEO of tanker owner Frontline (NYSE: FRO), pointed to estimates that up to 1.5 million barrels per day (b/d) of outpu...
Buying Euronav shares might be a good idea this January
Euronav (NYSE: EURN) shares are advancing this January, and investors in this company stand to gain a lot more for taking a comparatively smaller risk. Euronav has signed 10-year contract extensions w...
A Trio of Small Caps for the Growth-Focused Investor
Growth-focused investors may be interested in the following small-cap stocks, as they represent companies whose trailing 12-month earnings per share improved significantly on a year-over-year basis.
