Okeanis Eco Tankers Corp.
No SEC Form 4 filings for $ECO in the last 30 days.
See all $ECO insider activity →Okeanis Eco Tankers (NYSE:ECO) reported Q2 earnings call highlights. Management said it has distributed over $780M in dividends since its Oslo IPO and paid about 90% of net income since full fleet delivery in 2022. At June 30 it had $248M cash and $722M debt. Fleet utilization was 99%, with 48% of VLCC spot days fixed near $207k/day and Suezmax spot-rate coverage near $133k/day.
Eco (Atlantic) Oil & Gas reported progress on its Atlantic Margin exploration portfolio. In April, it agreed to farm down 60% of offshore Namibia interests (PEL 97/99/100) to bp, retaining 25% and expecting bp to fund seismic work. It also seeks to farm down 37.5% in South Africa Block 1 CBK to Navitas and awaits environmental approvals for South Africa drilling, with $11.5m expected after permitting. In Guyana, licensing for Orinduik is expected in Q3 2026; it plans to acquire JHI Associates to
Eco (Atlantic) Oil & Gas said it is negotiating with Guyana’s Ministry of Natural Resources for a new Production Sharing Agreement covering the offshore Orinduik Block. It expects talks to finish in Q3 2026. The new PSA would set a 10% royalty and 10% corporate tax, with a lower 65% cost-recovery ceiling. Orinduik’s prospecting licence expired Jan. 14, 2026.
Over the past 7 days, alphai's AI scored 1 news story mentioning ECO (Okeanis Eco Tankers Corp.). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
Recent ECO coverage spans financial news, commodities and earnings.
The call reinforces a shareholder-return-first capital allocation while highlighting high utilization and partial spot exposure, which can drive near-term earnings sensitivity to freight rates.
Farm-down and carry arrangements reduce Eco’s near-term exploration funding burden while preserving upside via retained working interests.
Potentially higher Guyana fiscal take (10% royalty and 10% corporate tax) and lower cost-recovery ceiling (65% vs 75%) could change project economics and valuation.
Bullish tanker read-through based on expected freight-rate support from geopolitical bottlenecks.
The news is likely to positively influence ECO shares due to increased capital and investor interest. However, potential dilution might offset some gains.
alphai scores every news story that mentions ECO with an AI model for sentiment and relevance, and aggregates insider trades from Okeanis Eco Tankers Corp.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Okeanis Eco Tankers (NYSE:ECO) reported Q2 earnings call highlights. Management said it has distributed over $780M in dividends since its Oslo IPO and paid about 90% of net income since full fleet delivery in 2022. At June 30 it had $248M cash and $722M debt. Fleet utilization was 99%, with 48% of VLCC spot days fixed near $207k/day and Suezmax spot-rate coverage near $133k/day.
6 min readEco (Atlantic) Oil & Gas reported progress on its Atlantic Margin exploration portfolio. In April, it agreed to farm down 60% of offshore Namibia interests (PEL 97/99/100) to bp, retaining 25% and expecting bp to fund seismic work. It also seeks to farm down 37.5% in South Africa Block 1 CBK to Navitas and awaits environmental approvals for South Africa drilling, with $11.5m expected after permitting. In Guyana, licensing for Orinduik is expected in Q3 2026; it plans to acquire JHI Associates to
4 min readEco (Atlantic) Oil & Gas said it is negotiating with Guyana’s Ministry of Natural Resources for a new Production Sharing Agreement covering the offshore Orinduik Block. It expects talks to finish in Q3 2026. The new PSA would set a 10% royalty and 10% corporate tax, with a lower 65% cost-recovery ceiling. Orinduik’s prospecting licence expired Jan. 14, 2026.
4 min readThe article says the IRGC assessed a U.S.-Iran war risk as “low,” which it says contributed to a drop in crude oil prices. Louis Navellier says energy and tanker stocks remain attractive, citing strong forecast sales/earnings and longer routes and Strait of Hormuz bottlenecks. It also notes Elbit Systems Q1 revenue rose 15.5% to $2.189B, beating expectations, and Micron’s UBS price target was raised to $1,625.
7 min readATHENS, Greece, Nov. 21, 2025 ( GLOBE NEWSWIRE ) -- Reference is made to the stock exchange release by Okeanis Eco Tankers Corp. ( the "Company", OSE ticker code: "OET", NYSE ticker code: "ECO" ) on 19 November 2025 regarding the successful offering of 3,239,436 new common shares ( the "Offer ...
2 min readATHENS, Greece, Nov. 21, 2025 ( GLOBE NEWSWIRE ) -- Reference is made to the stock exchange release by Okeanis Eco Tankers Corp. ( the "Company", OSE ticker code: "OET", NYSE ticker code: "ECO" ) on 19 November 2025 regarding the successful offering of 3,239,436 new common shares ( the "Offer ...
2 min readATHENS, Greece, Nov. 19, 2025 ( GLOBE NEWSWIRE ) -- Okeanis Eco Tankers Corp. ( the "Company" or "OET" ) ( NYSE: ECO, OSE: OET ) is pleased to announce that following strong demand it has successfully priced an offering of 3,239,436 new shares of the Company's common stock, par value USD 0.001 ...
2 min readATHENS, Greece, Nov. 19, 2025 ( GLOBE NEWSWIRE ) -- Okeanis Eco Tankers Corp. ( "OET" or the "Company" ) ( NYSE: ECO, OSE: OET ) has announced a contemplated offering of new common shares ( the "Offering" ) .
3 min readOkeanis Eco Tankers Corp. (ECO) delivered earnings and revenue surprises of +165.52% and +26.12%, respectively, for the quarter ended September 2025. Do the numbers hold clues to what lies ahead for the stock?
2 min readATHENS, Greece, Nov. 12, 2025 ( GLOBE NEWSWIRE ) -- Okeanis Eco Tankers Corp. ( "OET" or the "Company" ) ( NYSE:ECO ) , announced today the publication of its 4th Environmental, Social and Governance Report ( the "2024 ESG Report" ) , which has been developed in accordance with the Global ...
2 min read
