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Okeanis Eco Tankers OB:OET Stock Report

Last Price

kr332.00

Market Cap

kr10.7b

7D

-0.2%

1Y

32.0%

Updated

23 Apr, 2024

Data

Company Financials +

OET Stock Overview

Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide.

OET fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health3/6
Dividends3/6

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 Pricekr332.00
52 Week Highkr348.50
52 Week Lowkr214.50
Beta0
1 Month Change3.27%
3 Month Change9.93%
1 Year Change32.01%
3 Year Change313.97%
5 Year Change388.24%
Change since IPO348.65%

Recent News & Updates

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?

Recent updates

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

Some Okeanis Eco Tankers Corp. (OB:OET) Analysts Just Made A Major Cut To Next Year's Estimates

Aug 15
Some Okeanis Eco Tankers Corp. (OB:OET) Analysts Just Made A Major Cut To Next Year's Estimates

Some Analysts Just Cut Their Okeanis Eco Tankers Corp. (OB:OET) Estimates

Jul 01
Some Analysts Just Cut Their Okeanis Eco Tankers Corp. (OB:OET) Estimates

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

May 11
Does Okeanis Eco Tankers (OB:OET) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Apr 21
Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

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

Mar 22
Do Okeanis Eco Tankers's (OB:OET) Earnings Warrant Your Attention?

Should You Use Okeanis Eco Tankers' (OB:OET) Statutory Earnings To Analyse It?

Feb 22
Should You Use Okeanis Eco Tankers' (OB:OET) Statutory Earnings To Analyse It?

Shareholder Returns

OETNO Oil and GasNO Market
7D-0.2%-2.6%-0.5%
1Y32.0%3.7%2.9%

Return vs Industry: OET exceeded the Norwegian Oil and Gas industry which returned 4.1% over the past year.

Return vs Market: OET exceeded the Norwegian Market which returned 1.8% over the past year.

Price Volatility

Is OET's price volatile compared to industry and market?
OET volatility
OET Average Weekly Movement5.0%
Oil and Gas Industry Average Movement5.0%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.5%
10% least volatile stocks in NO Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
2018n/aAristidis Alafouzoswww.okeanisecotankers.com

Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.

Okeanis Eco Tankers Corp. Fundamentals Summary

How do Okeanis Eco Tankers's earnings and revenue compare to its market cap?
OET fundamental statistics
Market capkr10.69b
Earnings (TTM)kr1.59b
Revenue (TTM)kr4.51b

6.7x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OET income statement (TTM)
RevenueUS$413.10m
Cost of RevenueUS$151.30m
Gross ProfitUS$261.80m
Other ExpensesUS$116.54m
EarningsUS$145.25m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)4.51
Gross Margin63.37%
Net Profit Margin35.16%
Debt/Equity Ratio170.0%

How did OET perform over the long term?

See historical performance and comparison

Dividends

14.3%

Current Dividend Yield

n/a

Payout Ratio
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