Okeanis Eco Tankers Corp. (ECO)
Summary
Okeanis Riding Record Profits as Uncertainty Grows
Okeanis Eco Tankers NYSE: ECO owns a fleet of modern crude tankers and is making money at a pace that looks almost unreal. It certainly looks unsustainable.
Okeanis Eco Tankers: Peace Will Not Crash Rates - Reiterating Strong Buy
Okeanis Eco Tankers is reiterated as a Strong Buy with a new 12-month price target of $150, reflecting a 15% yield on projected earnings. Restocking of depleted global oil inventories and persistent war risk premiums are expected to structurally support elevated tanker rates, even post-conflict. Okeanis Eco Tankers' operational excellence with its spot earnings at 50% to 60 above peers, 99% utilization, and improved leverage at 35%, drives superior profitability and dividend consistency.
ECO or SBLK: Which Shipping Company Is a Stronger Play Now?
Okeanis Eco Tankers leads Star Bulk on earnings surprises and price performance, backed by strong tanker rates, dividends and a modern fleet.
Okeanis Eco Tankers Corp. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 20,152 | $1.01M | $1.93M | $917,700.32 | 90.86% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 90 | $4,553.1 | $8,609.4 | $4,056.3 | 89.09% |
| LN Louis Navellier NAVELLIER & ASSOCIATES Inc. | 24,815 | $940,547.38 | $2.25M | $1.31M | 139.48% |
 QVT Financial QVT Financial LP | 1.42M | $42.71M | $127.93M | $85.23M | 199.57% |
 Point72 Asset Management LP Point72 Asset Management LP | 87,559 | $3.17M | $7.81M | $4.64M | 146.07% |
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Okeanis Eco Tankers Corp. Profile
| Marine Transportation Industry | Industrials Sector | Aristidis Alafouzos CEO | NYSE Exchange | Y64177101 CUSIP |
| GR Country | 14 Employees | 14 Aug 2026 Last Dividend | - Last Split | 8 Dec 2023 IPO Date |
Overview
Okeanis Eco Tankers Corp. is a prominent shipping company with a global operating scope, dedicated to the marine transportation of crude oil. Established in 2018 and headquartered in Neo Faliro, Greece, the company has rapidly developed its presence in the international tanker market. Okeanis Eco Tankers Corp. prides itself on operating a modern and eco-friendly fleet, fundamentally comprising Suezmax and Very Large Crude Carriers (VLCC) tankers. The company's mission is aligned with sustainable and efficient shipping practices, emphasizing environmental responsibility while ensuring reliable service delivery to its clients worldwide.
Products and Services
- Modern Suezmax Tankers
The fleet includes six modern Suezmax tankers, which are specifically designed for the optimal transportation of crude oil. Suezmax tankers, named after the Suez Canal, are among the largest tanker vessels that can navigate through the canal, making them pivotal for mid-range distance oil transportation. These tankers are a key component of Okeanis Eco Tankers Corp.'s offerings, characterized by their advanced safety features, high operational efficiency, and reduced environmental impact.
- Modern VLCC Tankers
Okeanis Eco Tankers Corp. operates eight Very Large Crude Carriers (VLCC), which are crucial for the long-haul transportation of crude oil. VLCCs are mammoth ships that play a significant role in the global oil supply chain, capable of carrying large quantities of crude oil across oceans. Equipped with the latest technological advancements, these tankers ensure economical, safe, and environmentally conscious maritime oil transport, reflecting the company's commitment to eco-friendly and efficient operations.
Contact Information
