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Okeanis Eco Tankers OB:OET Stock Report

Last Price

NOK 270.00

Market Cap

NOK 8.7b

7D

2.3%

1Y

-0.7%

Updated

20 Nov, 2024

Data

Company Financials +

Okeanis Eco Tankers Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Okeanis Eco Tankers
Historical stock prices
Current Share PriceNOK 270.00
52 Week HighNOK 387.00
52 Week LowNOK 250.00
Beta-0.029
11 Month Change-21.97%
3 Month Change-15.63%
1 Year Change-0.74%
33 Year Change247.49%
5 Year Change176.92%
Change since IPO264.86%

Recent News & Updates

Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be

Nov 19
Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be

Recent updates

Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be

Nov 19
Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be

Investors Aren't Buying Okeanis Eco Tankers Corp.'s (OB:OET) Earnings

Oct 16
Investors Aren't Buying Okeanis Eco Tankers Corp.'s (OB:OET) Earnings

These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt Extensively

Oct 03
These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt Extensively

Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Sep 13
Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Do Okeanis Eco Tankers' (OB:OET) Earnings Warrant Your Attention?

Aug 05
Do Okeanis Eco Tankers' (OB:OET) Earnings Warrant Your Attention?

Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Jun 19
Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Insufficient Growth At Okeanis Eco Tankers Corp. (OB:OET) Hampers Share Price

May 22
Insufficient Growth At Okeanis Eco Tankers Corp. (OB:OET) Hampers Share Price

Is Now The Time To Put Okeanis Eco Tankers (OB:OET) On Your Watchlist?

Apr 15
Is Now The Time To Put Okeanis Eco Tankers (OB:OET) On Your Watchlist?

Is Okeanis Eco Tankers (OB:OET) Using Too Much Debt?

Mar 19
Is Okeanis Eco Tankers (OB:OET) Using Too Much Debt?

Earnings Working Against Okeanis Eco Tankers Corp.'s (OB:OET) Share Price

Feb 17
Earnings Working Against Okeanis Eco Tankers Corp.'s (OB:OET) Share Price

With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Jan 02
With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Under The Bonnet, Okeanis Eco Tankers' (OB:OET) Returns Look Impressive

Dec 01
Under The Bonnet, Okeanis Eco Tankers' (OB:OET) Returns Look Impressive

Okeanis Eco Tankers (OB:OET) Has A Pretty Healthy Balance Sheet

Nov 14
Okeanis Eco Tankers (OB:OET) Has A Pretty Healthy Balance Sheet

Is Okeanis Eco Tankers Corp. (OB:OET) Trading At A 40% Discount?

Nov 01
Is Okeanis Eco Tankers Corp. (OB:OET) Trading At A 40% Discount?

With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Sep 04
With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Aug 06
Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Jul 19
Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Estimating The Fair Value Of Okeanis Eco Tankers Corp. (OB:OET)

Jun 03
Estimating The Fair Value Of Okeanis Eco Tankers Corp. (OB:OET)

Growth Investors: Industry Analysts Just Upgraded Their Okeanis Eco Tankers Corp. (OB:OET) Revenue Forecasts By 11%

May 14
Growth Investors: Industry Analysts Just Upgraded Their Okeanis Eco Tankers Corp. (OB:OET) Revenue Forecasts By 11%

Investors Will Want Okeanis Eco Tankers' (OB:OET) Growth In ROCE To Persist

Apr 13
Investors Will Want Okeanis Eco Tankers' (OB:OET) Growth In ROCE To Persist

Does Okeanis Eco Tankers (OB:OET) Have A Healthy Balance Sheet?

Mar 22
Does Okeanis Eco Tankers (OB:OET) Have A Healthy Balance Sheet?

This Analyst Just Made An Incredible Upgrade To Their Okeanis Eco Tankers Corp. (OB:OET) Earnings Forecasts

Nov 18
This Analyst Just Made An Incredible Upgrade To Their Okeanis Eco Tankers Corp. (OB:OET) Earnings Forecasts

Investors Appear Satisfied With Okeanis Eco Tankers Corp.'s (OB:OET) Prospects As Shares Rocket 30%

Nov 12
Investors Appear Satisfied With Okeanis Eco Tankers Corp.'s (OB:OET) Prospects As Shares Rocket 30%

Is Okeanis Eco Tankers Corp. (OB:OET) Trading At A 46% Discount?

Nov 08
Is Okeanis Eco Tankers Corp. (OB:OET) Trading At A 46% Discount?

Okeanis Eco Tankers (OB:OET) Seems To Be Using A Lot Of Debt

Oct 19
Okeanis Eco Tankers (OB:OET) Seems To Be Using A Lot Of Debt

The Returns At Okeanis Eco Tankers (OB:OET) Aren't Growing

Sep 21
The Returns At Okeanis Eco Tankers (OB:OET) Aren't Growing

Investors Met With Slowing Returns on Capital At Okeanis Eco Tankers (OB:OET)

May 19
Investors Met With Slowing Returns on Capital At Okeanis Eco Tankers (OB:OET)

These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt In A Risky Way

Apr 06
These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt In A Risky Way

Here's Why Okeanis Eco Tankers (OB:OET) Is Weighed Down By Its Debt Load

Dec 15
Here's Why Okeanis Eco Tankers (OB:OET) Is Weighed Down By Its Debt Load

Shareholder Returns

OETNO Oil and GasNO Market
7D2.3%7.6%3.1%
1Y-0.7%-18.8%3.9%

Return vs Industry: OET exceeded the Norwegian Oil and Gas industry which returned -22% over the past year.

Return vs Market: OET underperformed the Norwegian Market which returned 2.5% over the past year.

Price Volatility

Is OET's price volatile compared to industry and market?
OET volatility
OET Average Weekly Movement5.5%
Oil and Gas Industry Average Movement5.3%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

Stable Share Price: OET has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: OET's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201814Aristidis Alafouzoswww.okeanisecotankers.com

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. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

Okeanis Eco Tankers Corp. Fundamentals Summary

How do Okeanis Eco Tankers's earnings and revenue compare to its market cap?
OET fundamental statistics
Market capNOK 8.69b
Earnings (TTM)NOK 1.29b
Revenue (TTM)NOK 4.42b

6.7x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OET income statement (TTM)
RevenueUS$399.71m
Cost of RevenueUS$167.90m
Gross ProfitUS$231.81m
Other ExpensesUS$114.89m
EarningsUS$116.93m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.63
Gross Margin58.00%
Net Profit Margin29.25%
Debt/Equity Ratio159.8%

How did OET perform over the long term?

See historical performance and comparison

Dividends

13.6%

Current Dividend Yield

n/a

Payout Ratio

Does OET pay a reliable dividends?

See OET dividend history and benchmarks
When do you need to buy OET by to receive an upcoming dividend?
Okeanis Eco Tankers dividend dates
Ex Dividend DateNov 15 2024
Dividend Pay DateDec 09 2024
Days until Ex dividend6 days
Days until Dividend pay date18 days

Does OET pay a reliable dividends?

See OET dividend history and benchmarks