Added to YB: 2026-05-25
Pitch date: 2026-05-22
ECO [bullish]
Okeanis Eco Tankers Corp.
+90.92%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 16 tanker vessels comprising eight modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil.
Market Cap
NOK 3.4B
Pitch Price
NOK 46.71
Price Target
80.40 (-10%)
Dividend
11.11%
EV/EBITDA
8.04
P/E
7.65
EV/Sales
5.46
Sector
Oil, Gas and Consumable Fuels
Category
dividend
2026 Shipping Primer: The Trade of the Year - Okeanis Eco Tankers Corp.
ECO: Pure-play crude tanker w/ 16 modern eco VLCCs & Suezmaxes, 100% scrubber-equipped for cheaper fuel. Since IPO distributed $550M (2.5x market cap), 13% avg yield, 91% payout. Scrubber edge drove $256M outperformance vs peers; VLCC +$11k/day premium, Suezmax +$11k/day. Q2 2026: 56% VLCC days at $223.9k, 60% Suezmax at $187.3k. Est 2026 EPS $11.49, $10.34 div (18.3% yield). PT $80.40 on 7x P/E, 43% upside.
Read full article (5 min)