Added to YB: 2025-02-26
Pitch date: 2024-02-25
ECO [neutral]
Okeanis Eco Tankers Corp.
+46.89%
current return
Author Info
Company Info
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.
Market Cap
N/A
Pitch Price
$24.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Q4 Earnings Update Part III: $ECO
ECO (overview): Youngest crude oil tanker fleet poised for future cyclical high. Day rates rebounding to $50k from $39k. Low orderbook supports long-term outlook. Q3: $30M op cash flow, $13M net income. Near-term similar, then improving as Iran sanctions boost rates. $700M market cap.
Read full article (1 min)