Research analysts who have asked questions during Okeanis Eco Tankers earnings calls.
Liam Burke
B. Riley Financial
4 questions for ECO
Also covers: ALTG, BWMN, CCEC +22 more
BN
Bendik Nyttingnes
Clarksons Securities AS
3 questions for ECO
Also covers: CLCO, GNK, SBLK +1 more
Climent Molins
Value Investors
3 questions for ECO
Also covers: CLCO, CMBT, CMRE +11 more
PH
Petter Haugen
ABG Sundal Collier
3 questions for ECO
Also covers: BWLP, CLCO, DHT +3 more
Omar Nokta
Jefferies
2 questions for ECO
Also covers: AMKBY, ASC, CCEC +21 more
FD
Fredrik Dybwad
Fearnley Securities
1 question for ECO
Also covers: GLNG
FM
Frode Morkedal
Clarksons Securities AS
1 question for ECO
Also covers: CLCO, CMBT, DHT +4 more
Recent press releases and 8-K filings for ECO.
Okeanis Eco Tankers Corp. Announces New Share Offering and NYSE Trading Commencement
ECO
- Okeanis Eco Tankers Corp. completed an offering of 3,611,111 new common shares at USD 36.00 per share, generating approximately USD 130 million in gross proceeds.
- The newly issued shares became available for trading on the New York Stock Exchange on or around January 23, 2026.
- Following the offering, the company has 39,740,547 common shares issued, with 39,044,655 shares deemed outstanding.
Jan 23, 2026, 11:32 AM
Okeanis Eco Tankers Corp. Announces USD 115 Million Share Offering to Fund Vessel Acquisitions
ECO
New Projects/Investments
- Okeanis Eco Tankers Corp. (ECO) intends to offer new common shares to raise approximately USD 115 million.
- The net proceeds from the offering are designated to partly finance the acquisition of two Suezmax tanker newbuilding resales at an agreed price of USD 99.3 million per vessel.
- The offering price will be determined through an accelerated bookbuilding process, with the closing expected on or about January 23, 2026.
- The company has appointed Fearnley Securities AS, Clarksons Securities AS, and Pareto Securities AS as managers for the offering, agreeing to pay them an aggregate cash fee of 3.75% of the gross proceeds, plus a discretionary amount up to 0.75%.
Jan 22, 2026, 2:05 PM
Okeanis Eco Tankers Corp. Prices $130 Million Share Offering
ECO
New Projects/Investments
Delisting/Listing Issues
- Okeanis Eco Tankers Corp. announced a contemplated offering of new common shares on January 20, 2026.
- A trading halt was imposed on the company's common shares on Euronext Oslo Børs on January 21, 2026, from opening until approximately 13:00 CET, to facilitate the bookbuilding process for this offering.
- The company successfully priced an offering of 3,611,111 new shares at USD 36.00 per Offer Share, raising gross proceeds of approximately USD 130 million.
- The net proceeds are expected to be used for the acquisition of two newbuilding Suezmax vessels at USD 99.3 million per vessel, with delivery anticipated in the second quarter of 2026.
Jan 21, 2026, 1:13 PM
Okeanis Eco Tankers Corp. Announces Commercial Update, Vessel Acquisitions, and Share Offering
ECO
Guidance Update
New Projects/Investments
- Okeanis Eco Tankers Corp. estimates a fleetwide Daily Time Charter Equivalent (TCE) Rate of approximately $75,400 per operating day for Q4 2025, and has booked 26% of available fleetwide spot days for Q1 2026 at an average of $106,700 per operating day.
- The company has entered into agreements to acquire two newbuilding Suezmax vessels for USD 99.3 million per vessel, with expected delivery in the second quarter of 2026.
- To partly finance these planned vessel acquisitions, Okeanis Eco Tankers Corp. is contemplating an offering of new common shares to raise approximately USD 115 million.
- Two recently acquired newbuilding Suezmax vessels, Nissos Piperi and Nissos Serifopoula, were successfully delivered into the fleet on January 8, 2026, and January 14, 2026, respectively.
Jan 20, 2026, 9:31 PM
Okeanis Eco Tankers Corp. secures new financing for Suezmax vessels
ECO
Debt Issuance
New Projects/Investments
- Okeanis Eco Tankers Corp. (ECO) entered into two new facility agreements on December 19, 2025, totaling $90.0 million to finance the acquisition of two newbuilding Suezmax vessels, Nissos Piperi and Nissos Serifopoula.
- Each $45.0 million facility carries an interest rate of Term SOFR plus 130 basis points, with the Nissos Piperi facility maturing in seven years and the Nissos Serifopoula facility maturing in eight years.
- Both vessels are expected to be delivered in January 2026, and the financing transactions are also expected to close in January 2026.
- The company's CFO stated these financings are structured to be accretive for shareholders without tapping into cash balances, ensuring a continued focus on dividend distributions.
Dec 19, 2025, 9:23 PM
Okeanis Eco Tankers Corp. Issues New Shares and Commences Trading on NYSE
ECO
Dividends
- Okeanis Eco Tankers Corp. successfully completed an offering of 3,239,436 new common shares at a price of USD 35.50 per Offer Share, raising approximately USD 115 million in gross proceeds.
- The newly issued shares became available for trading on the New York Stock Exchange on or around November 21, 2025.
- These new shares are entitled to receive the previously announced cash dividend of USD 0.75 per common share, which will increase the total dividend amount paid by the company.
- Following the issuance, Okeanis Eco Tankers Corp. has 36,129,436 common shares issued, with 35,433,544 common shares outstanding.
Nov 21, 2025, 11:00 AM
Okeanis Eco Tankers Corp. Completes $115 Million Share Offering
ECO
New Projects/Investments
M&A
- Okeanis Eco Tankers Corp. (ECO) has completed and priced an offering of new common shares, raising $115 million.
- The net proceeds from the offering are intended to partly finance the acquisition of two Suezmax tanker newbuilding resales at $97 million per vessel, with delivery expected in January 2026, and for general corporate purposes.
- Fearnley Securities AS and Clarksons Securities AS served as the financial advisors (Managers) for the offering.
- The company will pay the placement agents an aggregate cash fee of 3.25% of the gross proceeds, along with a discretionary amount of up to 0.25%.
- The closing of the registered direct offering is expected to occur on or about November 21, 2025.
Nov 20, 2025, 11:30 AM
Okeanis Eco Tankers Corp. announces trading suspension on Euronext Oslo Børs
ECO
Delisting/Listing Issues
- Okeanis Eco Tankers Corp. (OET) announced a contemplated offering of new common shares.
- A trading halt will be imposed on the company's common shares on Euronext Oslo Børs on November 19, 2025, from opening of trade until 13:00 CET.
- The purpose of the trading halt is to facilitate an efficient bookbuilding process for the offering.
- A separate announcement regarding the bookbuilding process for the offering is expected later today.
Nov 19, 2025, 12:59 PM
Okeanis Eco Tankers Corp. Announces Vessel Acquisitions and Contemplated Share Offering
ECO
New Projects/Investments
Equity Offering
- Okeanis Eco Tankers Corp. (OET) has entered into agreements to acquire two newbuilding Suezmax vessels for an acquisition price of USD 97 million each, with delivery expected in January 2026.
- The company is contemplating an offering of new common shares to raise gross proceeds of approximately USD 100 million, which is expected to partly finance the vessel acquisitions.
- The bookbuilding period for the offering commenced on November 18, 2025, at 22:00 CET and is expected to close on November 19, 2025, at 11:00 CET, during which a trading halt will be imposed on the company's shares on Euronext Oslo Børs.
- Offer Shares issued in this offering will be entitled to receive the previously announced cash dividend of USD 0.75 per common share if issued prior to the December 2, 2025, record date.
Nov 18, 2025, 9:34 PM
Okeanis Eco Tankers Reports Strong Q3 2025 Results and Declares Dividend
ECO
Earnings
Dividends
Guidance Update
- Okeanis Eco Tankers (ECO) reported strong financial results for Q3 2025, with adjusted EBITDA of $45.2 million, adjusted net profit of $24.7 million, and adjusted EPS of $0.77. The board declared a dividend of $0.75 per share, representing 100% of reported EPS for the quarter.
- For Q4 2025, 80% of VLCC spot days are fixed at $88,100 per day and 48% of Suezmax days at $60,800 per day, resulting in a fleet-wide average of $80,700 per day on the fixed portion. The company anticipates a strong winter and Q1, with crude tanker utilization currently at 93% and expected to reach 95%-96% in Q1.
- The company operates a young fleet of 14 vessels (eight VLCCs and six Suezmaxes) with an average age of six years, all of which are scrubber-fitted and eco-designed. Recent refinancing efforts have improved the margin by 125 basis points across the entire fleet since 2023, translating to an $8 million annual benefit.
Nov 13, 2025, 12:30 PM
Quarterly earnings call transcripts for Okeanis Eco Tankers.
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