Added to YB: 2025-01-30
Pitch date: 2025-01-28
OET.OL [bullish]
Okeanis Eco Tankers Corp.
+325.23%
current return
Author Info
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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 206.71
Price Target
N/A
Dividend
11.11%
EV/EBITDA
8.04
P/E
7.65
EV/Sales
5.46
Sector
Oil, Gas and Consumable Fuels
Category
growth
Dirty Tankers for Clean Profits - Okeanis Eco Tankers Corp.
OET.OL: Crude oil tankers, esp. VLCCs, offer alpha. Supply: VLCC orderbook 8.3%, 35% fleet >15yrs old. Demand: growing energy needs, production/refinery dislocation, sanctions. Supply-driven market with stagnant supply, strong demand, catalysts. VLCC most favorable in tanker segment. Caution: high volatility.
Read full article (4 min)