Okeanis Eco Tankers (OET) Stock Overview
A shipping company, owns and operates tanker vessels worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
OET Community Fair Values
Create NarrativeSee what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Okeanis Eco Tankers Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 524.00 |
| 52 Week High | NOK 561.00 |
| 52 Week Low | NOK 227.50 |
| Beta | -0.033 |
| 1 Month Change | 11.73% |
| 3 Month Change | 12.33% |
| 1 Year Change | 116.53% |
| 3 Year Change | 128.82% |
| 5 Year Change | 496.13% |
| Change since IPO | 608.11% |
Recent News & Updates
Analysis Article • Jun 18
Okeanis Eco Tankers (OB:OET) Stock Could Be 10% Undervalued After Q1 Results And Dividend
Okeanis Eco Tankers (OB:OET) is back on investor radars after first quarter results showed strong revenue and earnings, a $2-per-share dividend declaration, and fresh loan facilities tied to a growing tanker fleet. See our latest analysis for Okeanis Eco Tankers. At a share price of NOK492.0, Okeanis Eco Tankers has seen a 7 day share price return of 4.90% and a year to date share price return of 51.62%, while the 1 year total shareholder return of 131.99% reflects performance supported by...
Narrative Update • Jun 06
OET: Dividend Payout And Richer Profit Margins Will Support Bullish Outlook
Analysts have lifted their price target on Okeanis Eco Tankers from NOK 515.88 to NOK 546.52 as they factor in a higher assumed discount rate, a wider projected profit margin of about 62%, and a modestly higher future P/E multiple. What's in the News The board of directors declared a first quarter dividend for Fiscal Year 2026 of US$2.00 per common share, with amounts on shares registered in Euronext VPS to be paid in NOK.Recent updates
Analysis Article • Jun 18
Okeanis Eco Tankers (OB:OET) Stock Could Be 10% Undervalued After Q1 Results And Dividend
Okeanis Eco Tankers (OB:OET) is back on investor radars after first quarter results showed strong revenue and earnings, a $2-per-share dividend declaration, and fresh loan facilities tied to a growing tanker fleet. See our latest analysis for Okeanis Eco Tankers. At a share price of NOK492.0, Okeanis Eco Tankers has seen a 7 day share price return of 4.90% and a year to date share price return of 51.62%, while the 1 year total shareholder return of 131.99% reflects performance supported by...Narrative Update • Jun 06
OET: Dividend Payout And Richer Profit Margins Will Support Bullish Outlook
Analysts have lifted their price target on Okeanis Eco Tankers from NOK 515.88 to NOK 546.52 as they factor in a higher assumed discount rate, a wider projected profit margin of about 62%, and a modestly higher future P/E multiple. What's in the News The board of directors declared a first quarter dividend for Fiscal Year 2026 of US$2.00 per common share, with amounts on shares registered in Euronext VPS to be paid in NOK.Analysis Article • May 16
Analysts' Revenue Estimates For Okeanis Eco Tankers Corp. (OB:OET) Are Surging Higher
Okeanis Eco Tankers Corp. ( OB:OET ) shareholders will have a reason to smile today, with the analysts making...Narrative Update • May 03
OET: Dividend Outlook And Higher Earnings Multiple Will Shape Measured Future Prospects
Analysts have raised their price target for Okeanis Eco Tankers from NOK 462.66 to NOK 515.88, citing updated assumptions that reflect changes in expected revenue trends, profit margins and a higher future P/E multiple. What's in the News The board declared a fourth quarter dividend for Fiscal Year 2025 of US$1.55 per common share, with payment set for March 10, 2026, and distribution to Euronext VPS shareholders expected on or about March 13, 2026 (Key Developments).Analysis Article • Apr 22
Bullish: Analysts Just Made A Meaningful Upgrade To Their Okeanis Eco Tankers Corp. (OB:OET) Forecasts
Okeanis Eco Tankers Corp. ( OB:OET ) shareholders will have a reason to smile today, with the analysts making...Narrative Update • Apr 19
OET: Dividend Policy And Equity Offering Will Shape Measured Future Outlook
Analysts have trimmed their price target for Okeanis Eco Tankers by NOK 11.85 to reflect a slightly lower fair value estimate and a modestly higher assumed future P/E multiple, while keeping key discount rate, revenue growth, and profit margin assumptions effectively unchanged. What's in the News The Board declared a fourth quarter dividend of US$1.55 per common share for fiscal 2025, with Board approval dated February 18, 2026 (company announcement).Narrative Update • Apr 02
OET: Dividend Timeline And Equity Raise Will Shape Future Balanced Outcomes
Analysts have nudged their price target for Okeanis Eco Tankers slightly higher, with fair value moving from about NOK 472.30 to roughly NOK 474.50. This reflects updated assumptions around long term revenue, profit margins and a modestly higher forward P/E of 14.71x versus 13.52x previously.Narrative Update • Mar 18
OET: Dividend Timeline And Equity Raise Will Shape Future Balanced Returns
Analysts have slightly lifted their price target for Okeanis Eco Tankers to reflect a fair value of around NOK 472 per share, up from roughly NOK 468. They cite unchanged discount rate assumptions, steady long term revenue growth and profit margin forecasts, and a marginally higher future P/E multiple.Narrative Update • Mar 04
OET: Equity Raise, Dividend And Higher Margins Will Shape Future Balanced Returns
Analysts have lifted their price target on Okeanis Eco Tankers to NOK468 from roughly NOK435, citing updated assumptions that pair a higher fair value estimate with revised expectations for revenue, profitability and a future P/E of about 13.2x. What's in the News The board declared a fourth quarter 2025 dividend of US$1.55 per common share, with NOK distribution for shares registered in Euronext VPS.Narrative Update • Feb 18
OET: Equity Issuance And Higher Margins Will Shape Future Balanced Return Profile
Analysts have nudged their fair value estimate for Okeanis Eco Tankers to NOK 435.10 from NOK 434.46, attributing the change to updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. What's in the News Okeanis Eco Tankers completed a follow on equity offering of common shares totaling about US$130.0m, issuing 3,611,111 shares at US$36 each with a US$1.35 discount per share in a registered direct offering (Key Developments).Analysis Article • Feb 12
Broker Revenue Forecasts For Okeanis Eco Tankers Corp. (OB:OET) Are Surging Higher
Celebrations may be in order for Okeanis Eco Tankers Corp. ( OB:OET ) shareholders, with the analysts delivering a...Narrative Update • Feb 03
OET: Equity Issuance And Dividends Will Shape Future Balanced Return Profile
Analysts have raised their price target for Okeanis Eco Tankers to US$434.46 from US$423.86, citing updated assumptions around discount rates, revenue trends and future P/E that they consider a better reflection of the company’s current risk and earnings profile. What's in the News Completed a registered direct follow-on equity offering of common shares totaling about US$130.0m, with 3,611,111 shares offered at US$36 each and a US$1.35 discount per share (Key Developments).Narrative Update • Jan 19
OET: Dividend And Equity Offering Will Shape Balanced Return Outlook
Analysts have nudged their fair value estimate for Okeanis Eco Tankers slightly higher, from about $421.87 to $423.86 per share, citing small adjustments to the discount rate, revenue growth assumptions, profit margin outlook, and future P/E expectations. What's in the News Completed a follow-on equity offering of common shares totaling about $115.0 million, with 3,239,436 shares sold at $35.50 per share in a registered direct offering (company filing).Narrative Update • Jan 05
OET: Dividend Policy And Equity Offering Will Drive Future Upside Potential
Analysts have nudged their fair value estimate for Okeanis Eco Tankers slightly lower, from US$423.08 to US$421.87, as they factor in updated assumptions around discount rates, revenue trends, margins, and a modestly lower forward P/E. What's in the News Completed a follow-on equity offering of approximately US$115.0m, issuing 3,239,436 common shares at US$35.50 per share with a US$1.15375 per share discount, structured as a registered direct offering (Key Developments).Narrative Update • Dec 17
OET: Dividend Raise And Equity Offering Will Support Future Upside Potential
Analysts have modestly increased their price target on Okeanis Eco Tankers to reflect a slightly higher fair value estimate of approximately $423 per share, despite slightly lower long term revenue growth and profit margin expectations and a marginally higher future P/E multiple. What's in the News Completed a registered direct follow on equity offering of approximately $115 million, issuing 3,239,436 common shares at $35.50 per share with a $1.15375 discount per share (company filing) Previously filed documentation for the same registered direct follow on equity offering of common shares, paving the way for the capital raise (company filing) Board declared a third quarter 2025 dividend of $0.75 per common share, payable December 11, 2025, with shares trading ex dividend from December 1 and December 2, 2025 on Oslo and NYSE respectively, and Norwegian VPS shareholders expected to receive payment around December 16, 2025 (company announcement) Valuation Changes Fair Value Estimate has risen slightly, from approximately $422.51 to $423.08 per share, reflecting a modest upward revision in intrinsic value.Narrative Update • Dec 03
OET: Dividend Payout Will Support Bullish Long Term Earnings Outlook
Analysts have raised their price target for Okeanis Eco Tankers from approximately NOK 390 to NOK 423 per share. This reflects modestly improved expectations for revenue decline, slightly stronger profit margins, and a somewhat higher justified future earnings multiple.Analysis Article • Nov 21
Industry Analysts Just Made A Captivating Upgrade To Their Okeanis Eco Tankers Corp. (OB:OET) Revenue Forecasts
Celebrations may be in order for Okeanis Eco Tankers Corp. ( OB:OET ) shareholders, with the analysts delivering a...Narrative Update • Nov 19
OET: Dividend Payout And Margin Outlook Will Sustain Fair Value Ahead
Analysts have raised their price target for Okeanis Eco Tankers from $340.48 to $390.14. They cite improved profit margin forecasts and a lower discount rate as drivers of increased valuation.Narrative Update • Nov 03
OET: Dividend Payouts And Forecasts Will Balance Risks For Shareholders
Analysts have raised their price target for Okeanis Eco Tankers from $325.30 to $340.48. They cited adjusted discount rates and updated financial projections as key factors behind the modest increase.Analysis Article • Oct 08
Investors Still Waiting For A Pull Back In Okeanis Eco Tankers Corp. (OB:OET)
With a median price-to-earnings (or "P/E") ratio of close to 12x in Norway, you could be forgiven for feeling...Analysis Article • Jul 29
Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Analysis Article • May 06
Okeanis Eco Tankers Corp. (OB:OET) Shares Fly 31% But Investors Aren't Buying For Growth
Those holding Okeanis Eco Tankers Corp. ( OB:OET ) shares would be relieved that the share price has rebounded 31% in...Analysis Article • Apr 26
Returns Are Gaining Momentum At Okeanis Eco Tankers (OB:OET)
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
New Narrative • Feb 09
Efficient Fleet And Technological Advancements Will Strengthen Position In Tanker Market
The young, scrubber-fitted fleet and technological enhancements reduce costs and improve efficiency, boosting net margins and earnings potential.Analysis Article • Feb 04
Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Jan 18
News Flash: 6 Analysts Think Okeanis Eco Tankers Corp. (OB:OET) Earnings Are Under Threat
The analysts covering Okeanis Eco Tankers Corp. ( OB:OET ) delivered a dose of negativity to shareholders today, by...Analysis Article • Jan 14
A Piece Of The Puzzle Missing From Okeanis Eco Tankers Corp.'s (OB:OET) 31% Share Price Climb
Those holding Okeanis Eco Tankers Corp. ( OB:OET ) shares would be relieved that the share price has rebounded 31% in...Analysis Article • Jan 03
Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Analysis Article • Nov 19
Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be
The latest analyst coverage could presage a bad day for Okeanis Eco Tankers Corp. ( OB:OET ), with the analysts making...Analysis Article • Oct 16
Investors Aren't Buying Okeanis Eco Tankers Corp.'s (OB:OET) Earnings
When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") above 12x, you may consider...Analysis Article • Oct 03
These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 13
Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Analysis Article • Aug 05
Do Okeanis Eco Tankers' (OB:OET) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Shareholder Returns
| OET | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | -1.9% | 4.6% | 1.1% |
| 1Y | 116.5% | 24.0% | 11.0% |
Return vs Industry: OET exceeded the Norwegian Oil and Gas industry which returned 24% over the past year.
Return vs Market: OET exceeded the Norwegian Market which returned 11% over the past year.
Price Volatility
| OET volatility | |
|---|---|
| OET Average Weekly Movement | 6.2% |
| Oil and Gas Industry Average Movement | 5.8% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 11.1% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: OET has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: OET's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | 14 | Aristidis Alafouzos | www.okeanisecotankers.com |
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. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
Okeanis Eco Tankers Corp. Fundamentals Summary
| OET fundamental statistics | |
|---|---|
| Market cap | NOK 19.72b |
| Earnings (TTM) | NOK 1.94b |
| Revenue (TTM) | NOK 4.70b |
10.6x
P/E Ratio4.4x
P/S RatioIs OET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OET income statement (TTM) | |
|---|---|
| Revenue | US$481.57m |
| Cost of Revenue | US$174.17m |
| Gross Profit | US$307.40m |
| Other Expenses | US$108.69m |
| Earnings | US$198.71m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 04, 2026
| Earnings per share (EPS) | 5.09 |
| Gross Margin | 63.83% |
| Net Profit Margin | 41.26% |
| Debt/Equity Ratio | 94.2% |
How did OET perform over the long term?
See historical performance and comparisonDividends
14.9%
Current Dividend Yield86%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/10 17:31 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Okeanis Eco Tankers Corp. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Liam Burke | B. Riley Securities, Inc. |
| Kyrre Flesja | DNB Carnegie |