Euronav (BATS-CHIXE:CMBTB) - Stock Price, News & Analysis

CMBTB Stock Overview

Engages in the transportation and storage of crude oil worldwide.

CMBTB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (2.8x) is below the UK market (16.8x)

Earnings grew by 179.4% over the past year

Risk Analysis

Shares are highly illiquid

Earnings are forecast to decline by an average of 48.6% per year for the next 3 years

Large one-off items impacting financial results

Has a high level of debt

+ 1 more risk

Euronav NV Competitors

NWF Group

AIM:NWF

UK£84.0m

Harbour Energy

LSE:HBR

UK£2.4b

Ithaca Energy

LSE:ITH

UK£1.3b

Energean

LSE:ENOG

UK£1.9b

Price History & Performance

Summary of all time highs, changes and price drops for Euronav
Historical stock prices
Current Share Price	€14.81
52 Week High	€17.01
52 Week Low	€16.01
Beta	-0.24
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	110.21%
5 Year Change	96.22%
Change since IPO	119.33%

Recent updates

Shareholder Returns

	CMBTB	GB Oil and Gas	GB Market
7D	n/a	0.1%	0.1%
1Y	n/a	6.9%	4.9%

Return vs Industry: Insufficient data to determine how CMBTB performed against the UK Oil and Gas industry.

Return vs Market: Insufficient data to determine how CMBTB performed against the UK Market.

Price Volatility

Is CMBTB's price volatile compared to industry and market?
CMBTB volatility
CMBTB Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	7.7%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: CMBTB has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine CMBTB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2003	2,946	Alexander Saverys	www.euronav.com

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.

Euronav NV Fundamentals Summary

How do Euronav's earnings and revenue compare to its market cap?
CMBTB fundamental statistics
Market cap	€2.98b
Earnings (TTM)	€1.08b
Revenue (TTM)	€1.04b

2.8x

P/E Ratio

2.9x

P/S Ratio

Is CMBTB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMBTB income statement (TTM)
Revenue	US$1.14b
Cost of Revenue	US$373.60m
Gross Profit	US$761.95m
Other Expenses	-US$416.28m
Earnings	US$1.18b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)	6.07
Gross Margin	67.10%
Net Profit Margin	103.76%
Debt/Equity Ratio	81.3%

How did CMBTB perform over the long term?

See historical performance and comparison

Dividends

39.7%

Current Dividend Yield

28%

Payout Ratio

CMBTB Stock Overview

Rewards

Risk Analysis

Euronav NV Competitors

AIM:NWF

UK£84.0m

LSE:HBR

UK£2.4b

LSE:ITH

UK£1.3b

LSE:ENOG

UK£1.9b

Price History & Performance

Recent News & Updates

Euronav NV Approves Intermediary Dividend

Euronav NV to Report Fiscal Year 2023 Results on Apr 04, 2024

New minor risk - Earnings quality

CMB NV plans to launch a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV (ENXTBR:EURN) for approximately $1.7 billion.

Euronav NV (ENXTBR:EURN) completed the acquisition of CMB.TECH NV from CMB NV.

Euronav NV Approves Resignation of Patrick De Brabandere as Members of the Supervisory Board

Recent updates

Euronav NV Approves Intermediary Dividend

Euronav NV to Report Fiscal Year 2023 Results on Apr 04, 2024

New minor risk - Earnings quality

CMB NV plans to launch a mandatory public takeover bid to acquire the remaining 42.86% stake in Euronav NV (ENXTBR:EURN) for approximately $1.7 billion.

Euronav NV (ENXTBR:EURN) completed the acquisition of CMB.TECH NV from CMB NV.

Euronav NV Approves Resignation of Patrick De Brabandere as Members of the Supervisory Board

Euronav Nv Not Distribute Dividend for the Fourth Quarter of 2023

Euronav NV, Annual General Meeting, May 16, 2024

Euronav NV to Report Q4, 2023 Results on Feb 02, 2024

Euronav NV Announces Dividend for the Third Quarter of 2023, Payable on December 20, 2023

CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

CMB NV completed the acquisition of additional 26.124% stake in Euronav NV (ENXTBR:EURN) from Famatown Finance Limited and Frontline plc (NYSE:FRO).

Third quarter 2023 earnings released: EPS: US$0.57 (vs US$0.082 in 3Q 2022)

Euronav's Shareholder CMB Offers to Acquire Frontline’s 26.12% Stake

Second quarter 2023 earnings released: EPS: US$0.80 (vs US$0.024 loss in 2Q 2022)

Euronav NV Proposes Dividend, Payable on September 19, 2023

Board Member recently bought €60m worth of stock

Euronav NV Announces Chief Executive Officer Changes

Euronav NV Approves Dividend, Payable on 13 June 2023

First quarter 2023 earnings released: EPS: US$0.87 (vs US$0.21 loss in 1Q 2022)

CMB NV Posts Transcript for Shareholders of Euronav NV

Frontline plc Announces Emergency Arbitration Claims Filed by Euronav Have Been Fully Dismissed by the Emergency Arbitrator

Euronav Nv Announces Board Changes

Euronav NV Announces Dividend, Payable on 2 March 2023

CMB NV Provides Information to the Shareholders

Frontline plc (NYSE:FRO) cancelled the acquisition of a 81.2% % stake in Euronav NV (ENXTBR : EURN) from CMB NV, C.K. LIMITED and others.

Compagnie Maritime Delivers a Letter to Euronav NV

Euronav NV to Report Q3, 2023 Results on Oct 26, 2023

Insider recently sold €38m worth of stock

Upcoming dividend of US$0.03 per share

Euronav NV Declares Dividend for the Third Quarter of 2022, Payable on November 29, 2022

Second quarter 2022 earnings released: US$0.024 loss per share (vs US$0.45 loss in 2Q 2021)

Second quarter 2022 earnings released: US$0.024 loss per share (vs US$0.45 loss in 2Q 2021)

Euronav NV Announces Changes to Its Board

First quarter 2022 earnings released: US$0.21 loss per share (vs US$0.35 loss in 1Q 2021)

Insider recently bought €25m worth of stock

Full year 2021 earnings released: US$1.68 loss per share (vs US$2.25 profit in FY 2020)

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) from CMB NV, C.K. LIMITED and others for €2.5 billion.

Frontline Ltd. (NYSE:FRO) signed a term sheet to acquire Euronav NV (ENXTBR:EURN) for €2.5 billion.

Euronav NV to Report Q4, 2022 Results on Feb 02, 2023

Euronav NV Proposes Distribution for the Fourth Quarter of 2021

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of €0.021 per share

Third quarter 2021 earnings released: US$0.53 loss per share (vs US$0.22 profit in 3Q 2020)

Insider recently bought €146m worth of stock

Upcoming dividend of US$0.021 per share

Second quarter 2021 earnings released: US$0.45 loss per share (vs US$1.21 profit in 2Q 2020)

Member of the Supervisory Board has left the company

First quarter 2021 earnings released: US$0.35 loss per share (vs US$1.05 profit in 1Q 2020)

Full year 2020 earnings released: EPS US$2.25 (vs US$0.52 in FY 2019)

Upcoming Dividend of US$0.021 Per Share

New 90-day high: €7.27

Full year 2020 earnings released: EPS US$2.25 (vs US$0.52 in FY 2019)

Revenue misses expectations

Euronav NV to Report First Half, 2021 Results on Aug 10, 2021

Euronav Announces Ten Year Extension of FSO Contracts

Shareholder Returns

Price Volatility

About the Company