Okeanis Eco Tankers Corp

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q4 2024

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Okeanis Eco Tankers Corp. is a holding company, which engages in the ownership and operation of commercial shipping vessels. Its activities include the transportation of crude oil, refined oil products, and other liquid products. The firm's portfolio includes Very Large Crude Carriers, Suezmax, and Aframax. The company was founded on April 30, 2018 and is headquartered in Piraeus, Greece.

ATHENS, Greece, May 31, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE:ECO / OSE:OET) today announced that the 2024 Annual Meeting of the Shareholders of the Company (the “Annual Meeting”) was duly held on May 31, 2024 and that all proposals on the agenda were approved.

Okeanis Eco Tankers Corp. – 2024 Annual Meeting of Shareholders held

ATHENS, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“we”, the “Company”, “OET” or “Okeanis”) (NYSE:ECO / OSE:OET) is pleased to announce the following financings update relating to its fleet.

Okeanis Eco Tankers Corp. – New Financings Update

Okeanis Eco Tankers Corp. (ECO) Q1 2024 Earnings Call Transcript

ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares, which is classified as a return of capital for accounting purposes (the “Dividend”).

Okeanis Eco Tankers Corp. – Key Information relating to Q1 2024 dividend

ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis”) (NYSE:ECO / OSE:OET), today reported unaudited condensed financial statements for the first quarter and three-month period of 2024, which are attached to this press release.

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the First Quarter and Three-Month Period of 2024

ATHENS, Greece, May 13, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the first quarter and three month period ended March 31, 2024, on Thursday, May 16, 2024, and a webcast/teleconference will be held at 13:30 CET.

Okeanis Eco Tankers Corp. – Invitation to Q1 2024 Results Conference Call and Webcast

ATHENS, Greece, May 02, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has scheduled its Annual Meeting of Shareholders for May 31, 2024, at 11:00 a.m. Greek time (the “Annual Meeting”). The record date for determining shareholders entitled to participate at the Annual Meeting is April 26, 2024. The business of the Annual Meeting is to elect seven directors to serve until the 2025 Annual Meeting of Shareholders and to ratify the appointment of Deloitte Certified Public Accountants S.A. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Annual Meeting documentation and instructions for voting are expected to be mailed to all shareholders of record on or about May 2, 2024, and will be furnished to the U.S. Securities and Exchange Commission (the “Commission”) and available on the Commission's website at www.sec.gov.

Okeanis Eco Tankers Corp. – Announcement of 2024 Annual Meeting of Shareholders

ATHENS, Greece, April 30, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report may be downloaded from the SEC's website (http://www.sec.gov) and is also available under the Investor Relations section (Financial Reports and Webcasts) of the Company's website (www.okeanisecotankers.com). Hard copies of the Company's complete 2023 audited financial statements can be obtained, free of charge, upon request by contacting the Company at ir@okeanisecotankers.com or by writing to Okeanis Eco Tankers Corp., Ethnarchou Makariou av. & 2 D. Falireos st., 18547 Neo Faliro, Greece.

Okeanis Eco Tankers Corp. – Announcement of Availability of 2023 Annual Report on Form 20-F

ECO delivered remarkable results in 2023 following the strong VLCC and Suezmax rates. ECO realized 112% operating cash flow growth YoY. In FY23, the company delivered $155 million unlevered FCF or $5.41 FCF per share and 10.7% FCF yield. In 2023, ECO distributed $159 million among the shareholders, leading to a 14.2% TTM yield.

Okeanis Eco Tankers: The Best Fleet Plus Generous Dividends; Rating Unchanged

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Okeanis Eco Tankers is my top choice for capitalizing on the bull market in the crude tanker sector. Okeanis has competitive advantages, including a newer fleet, commercial outperformance, and a transparent and shareholder-friendly corporate policy. Q4 was unremarkable, but Q1 is almost certain to be much stronger.

Okeanis Eco Tankers: A Much Stronger Quarter Could Be Ahead

Okeanis Eco Tankers Corp. (ECO) Q4 2023 Earnings Call Transcript

ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “OET” or the “Company”) (NYSE: ECO / OSE: OET), will pay a dividend on its common shares, which is classified as a return of capital (the “Dividend”).

Okeanis Eco Tankers Corp. – Key Information relating to 4Q23 capital distribution

ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or “Company”) (NYSE:ECO / OSE:OET) today reported unaudited condensed financial statements for the fourth quarter and twelve month period of 2023, which are attached to this press release.

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Fourth Quarter and Twelve Month Period of 2023

ATHENS, Greece, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the fourth quarter and twelve month period ended December 31, 2023, on Thursday, February 29, 2024, and a webcast/teleconference will be held at 13:30 CET.

Okeanis Eco Tankers Corp. – Invitation to Q4 2023 Results Conference Call and Webcast

Okeanis Eco Tankers has a young fleet that is 100% equipped with scrubbers, giving it a competitive advantage in the tanker industry. The company's financial performance, margins, and returns are superior to its competitors, and it pays dividends with a TTM yield of 17.39%. ECO maintains adequate liquidity levels – $76.5 million cash, LTM operating income of $226 million, and LTM operating cash flow of $205 million.

Okeanis Eco Tankers: Bet On Crude Tankers Deficit With The Youngest Fleet In The Industry

Okeanis Eco Tankers Corp. is a premier choice for long-term investment in the crude tanker sector, with potential for high dividends. The company has a state-of-the-art fleet of eco-vessels and a strong operating leverage, positioning it for sustained profitability. Okeanis is committed to returning value to shareholders, with a history of paying 100% FCF as dividends and a potential annualized dividend yield of up to 20% for Q1-24.

Okeanis: Armed With The Most Modern Fleet And Heightened Operating Leverage

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ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis”) (NYSE:ECO / OSE:OET), announced the following commercial update:

News for Okeanis Eco Tankers Corp Stock (ECO)