Okeanis Eco Tankers (ADR) (ECO)
Charters modern VLCC and Suezmax tankers for seaborne crude-oil transportation.
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Seaborne transportation company operating a focused fleet of scrubber-fitted VLCC and Suezmax tankers. It earns charter revenue chiefly through spot and short-term contracts, managed from Greece.
Seaborne transportation of crude oil and refined products is conducted through a focused fleet of scrubber-fitted VLCC and Suezmax tankers. Each vessel sits in a separate wholly owned subsidiary, while a Greece-based commercial-office platform supports the operating model.
Chartering is concentrated in the spot and short-term market, so the platform continually procures short-term business. Delivery of the Suezmax newbuildings Nissos Piperi and Nissos Serifopoula expanded the operating fleet.
The shares trade primarily on the NYSE and secondarily in Oslo, keeping a Norwegian market link. Short-term charter rates, off-hire and ballast periods, and counterparty performance shape the business.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $222.6M · Total debt $722.5M · Total assets $1.65B · Shareholders' equity $877.5M
- Revenue
- $318.9M
- Operating income
- $239.1M
- Net income
- $230.3M
HistoryDividendAnnual yield
| Institutions | ≈ 29.85% | 9.76M ADS | |
|---|---|---|---|
| 125 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 57.71% | 18.87M ADS | |
| 6 holders · as of Mar 18, 2026 | |||
| Strategic holders | 20.31% | 6.64M ADS | |
| 1 holder · as of Mar 18, 2026 | |||
| Adds to | 107.87% | ||
32.69M ADS as of Aug 29, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (35.43M in the company's Sep 22, 2026 report, 32.69M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 107.87%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Ioannis AlafouzosInsiderdirector | 35.04% | 11.46M ordinary | filed Mar 18, 2026 |
Themistoklis AlafouzosInsider | 22.03% | 7.20M | filed Jan 2, 2024 |
Hospitality Assets Corp.Strategic | 20.31% | 6.64M | filed Mar 18, 2026 |
QVT Financial LPInstitution | 4.36% | 1.42M ADS | as of Jun 30, 2026 |
FIL LtdInstitution | 2.54% | 829,399 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | QVT Financial LP | other: Director by Deputization | −68,420 | $59.99 |
| Aug 13, 2026 | QVT Financial LP | other: Director by Deputization | −8,539 | $65.04 |
| Aug 14, 2026 | Daniel Allen Gold | director | −68,420 | $59.99 |
| Aug 13, 2026 | Daniel Allen Gold | director | −8,539 | $65.04 |
- Frontline
Large-scale VLCC and Suezmax tanker-charter rival
- DHT
Pure-play VLCC tanker-charter rival
- International Seaways
Global VLCC and Suezmax tanker-charter rival
- CMB.TECH (ADR)
VLCC and Suezmax crude-tanker charter rival
- Nordic American Tankers
Suezmax-only crude-tanker charter rival
- Teekay Tankers
Suezmax crude-tanker charter rival
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Okeanis Eco Tankers (ADR) | $78.11 | −5.47% | $2.70B | 7.7 | 6.1 | 3.8 | +185.4% |
| Frontline | $48.61 | −2.42% | $11.09B | 7.5 | 6.2 | 4.1 | +166.2% |
| DHT | $21.75 | −3.11% | $3.62B | 7.6 | 6.5 | 5.0 | +174.7% |
| International Seaways | $105.38 | −3.41% | $5.40B | 7.0 | 8.7 | 4.3 | +121.9% |
| CMB.TECH (ADR) | $19.46 | −1.02% | $5.70B | 6.8 | 8.5 | 2.5 | +78.0% |
| Nordic American Tankers | $7.72 | −3.56% | $1.69B | 13.7 | 9.8 | 4.6 | +18.8% |
| Teekay Tankers | $95.91 | −2.89% | $3.42B | 5.8 | 6.3 | 3.0 | +10.9% |
| Median | 7.2 | 7.5 | 4.2 | +100.0% |