OSL$ECO

Okeanis Eco Tankers Corp · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Okeanis Eco Tankers reported Q1 2026 revenue of $170.2M, profit of $88.3M and diluted EPS of $2.31.

For the first quarter ended March 31, 2026, Okeanis Eco Tankers generated revenue of $170.2 million versus $80.1 million a year ago. Profit was $88.3 million (EPS $2.31) compared with $12.6 million ($0.39) in Q1 2025. TCE revenue was $132.2 million; adjusted EBITDA was $110.1 million. The board declared a $2.00 per share dividend payable June 5, 2026.

  • Revenue more than doubled YoY to $170.2M on strong tanker rates.
  • Profit of $88.3M; diluted EPS $2.31 versus $0.39 prior year.
  • Fleetwide daily TCE $93,600; VLCC spot TCE $106,400 per day.
  • Q1 dividend of $2.00 per share declared.

Headline financials

Total Revenue

$170M

Previous: $80.1M+112.5%
EPS (adj)

$2.31

Previous: $0.39+492.3%
Net Income

$88.3M

Previous: $12.6M+600.8%

Revenue & EPS history

Okeanis Eco Tankers Corp · Revenue · Quarterly

$170M

Q1 2026+112.5%vs Q1 2025
Beat estimate in 2 of 2 quarters(100%)
ActualEstimate

Forward guidance

For Q2 2026 to date, 46% of available VLCC spot days were booked at ~$223,900/day and 60% of Suezmax days at ~$187,300/day. No full-year EPS target was given.

Tailwinds

  • Strong spot booking rates support near-term earnings momentum.
  • Cash rose to $176.5M from $122.5M at year-end 2025.

Headwinds

  • Tanker markets remain cyclical and rate-sensitive.
  • Opex and fleet utilization can move quickly with macro shocks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 4 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.7%

Avg return

Earnings day

+7.4%

Avg return

5 days after

+3.1%

Avg return

30 days after

60%

3 / 5 earnings

Positive

+6.5%

Q3 2025

Best reaction

-5.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.1%-0.6%-6.4%
Q4 2025+3.9%+19.2%+4.1%
Q3 2025+6.5%+10.5%-0.3%
Q2 2025+2.0%+7.1%+18.9%
Q1 2025-5.6%+0.7%-1.1%

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