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Okeanis Eco Tankers: Leveraging Efficiency, Valuation, And High Dividends
Seeking Alpha· 2024-11-14 09:51
Okeanis Eco Tankers (NYSE: ECO ) is, fair to say, a successful player in the crude tanker market. The company owns a fleet of 14 vessels, consisting of six Suezmax vessels with an average age of 6 years and eight VLCCI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position of a stock instead of short-term analysis. Th ...
Okeanis Eco Tankers Corp. – 2023 ESG Report
GlobeNewswire News Room· 2024-11-11 21:10
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. The 2023 ESG Report is available on the Company’s website: https://www.okeanisecotankers.com/s ...
Okeanis Eco Tankers(ECO) - 2024 Q3 - Earnings Call Transcript
2024-11-09 16:00
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. We will begin shortly. Aristidis Alafouzos, CEO, and Iraklis Sbarounis, CFO of Okeanis Eco Tankers, will take the view through the presentation. They will be pleased to address any questions raised at the end of the ...
Okeanis Eco Tankers(ECO) - 2024 Q3 - Quarterly Report
2024-11-08 11:00
Exhibit 99.1 ATHENS, GREECE, November 8, 2024 – 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. · Revenues of $84.9 million in Q3 2024, compared to $89.1 million in Q3 2023. · Profit of $14.6 million in Q3 2024, compared to $19.4 million in Q3 2023. · Earnings per sha ...
Okeanis Eco Tankers Corp. – Key Information relating to Q3 2024 dividend
GlobeNewswire News Room· 2024-11-08 05:05
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”). Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, shareholders who hold shares registered in Euronext Securities Oslo, the central securities deposi ...
Okeanis Eco Tankers Corp. Reports Financial Results for the Third Quarter and Nine-Month Period of 2024
GlobeNewswire News Room· 2024-11-08 05:00
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. Financial performance of the Third Quarter Ended September 30, 2024 Revenues of $84.9 million in Q3 2024, compared to $89.1 million in Q3 2023.Profit of $14.6 million in ...
Okeanis Eco Tankers Corp. – Invitation to Q3 2024 Results Conference Call and Webcast
GlobeNewswire News Room· 2024-11-05 21:10
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. Participants may access the webcast using the following link: https://events.q4inc.com/attendee/805202822 Or via conference call using the below dial-in details: Standard International A ...
Okeanis Eco Tankers: Young Fleet, Double Digit Dividend, Room To Improve
Seeking Alpha· 2024-10-21 17:33
Okeanis Eco Tankers (NYSE: ECO ) is a operationally advantaged shipper in the crude oil trade. The company offers a young fleet of VLCC and Suezmax vessels that are significantly younger than comparable investment options. The efficiency of these vesselsI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equitie ...
Okeanis Eco Tankers: Top Management, Long-Term Double-Digit Yield Potential
Seeking Alpha· 2024-09-23 15:04
Okeanis Eco Tankers (NYSE: ECO ) is, in my view, one of the most compelling plays in the crude tanker market today, as it provides investors exposure to superior operational performance in the space and the potential for He is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is to provide a one-stop-shop for investment and portfolio ideas, while educating the vibrant community of ...
Okeanis Eco Tankers: Top-Spec Fleet, Solid Balance Sheet, And Tempting Yield
Seeking Alpha· 2024-09-11 08:58
t H 11 an i de t 1 THE real I III in 日 日 joeygil Note: I previously covered Okeanis Eco Tankers (NYSE:ECO) in April 2024. I highlighted the company's excellent fleet, which is 100% equipped with scrubbers, a healthy balance sheet, and an attractive dividend policy. Moreover, ECO has a young fleet with an average age of 5 years. Owning a new ship gives a significant advantage. The company is not pressed to renew its vessels. It can simply harvest cash flows while enjoying NAV appreciation caused by structura ...