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Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Results for the Third Quarter and Nine-Month Period of 2026

  • Okeanis Eco Tankers Corp. reported Q3 2026 revenues of $501.5 million & a profit of $299.6 million, compared to $90.6 million & $24.1 million in Q3 2025.
  • Earnings per share for Q3 2026 reached $7.67, up from $0.75 in the prior year quarter.
  • Nine-month 2026 revenues totaled $990.5 million with a profit of $618.2 million, contrasting with $264.7 million & $63.5 million respectively in the same period of 2025.
  • Cash holdings as of September 30, 2026, were $233.1 million, an increase from $122.5 million at the end of 2025.
  • The company secured short-term charters for five VLCC vessels in Q3 2026 at an average rate of $449,200 per day.
  • Q3 2026 fleetwide daily TCE rates were $206,800 per available spot day & $209,100 per operating day.
  • Board of directors declared a $7.00 per share dividend payable on December 1, 2026, to shareholders of record as of November 23, 2026.
  • Common shares will trade ex-dividend on the NYSE starting November 23, 2026, & on the Oslo Stock Exchange starting November 20, 2026.
  • As of Q4 2026, 48% of VLCC available spot days are booked at an average TCE rate of $688,800 per day.
  • OET will host a conference call on November 12, 2026, at 14:30 CET to discuss the Q3 2026 results.
Company
Okeanis Eco Tankers Corp
Keywords
NYSE:ECO, Okeanis Eco Tankers Corp