Okeanis Eco Tankers(ECO)
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U.S. Stock Market Navigates Mixed Open Amid Tech Weakness and Geopolitical Calm
Stock Market News· 2026-01-23 15:07
Market Overview - The U.S. stock market opened with mixed sentiment as investors reacted to corporate earnings and easing geopolitical tensions [1] - Major indices showed modest movements, with a notable rotation from mega-cap technology stocks towards small-cap companies [1] Major Market Indexes - The S&P 500 rose 0.05% to 6916 points, recovering from earlier losses, but is down 0.4% for the week [2] - The Dow Jones Industrial Average (DJIA) closed at 49,384.01 after a 0.6% increase, nearing the psychological 50,000 mark [3] - The Nasdaq Composite, after a 0.9% gain to close at 23,436.02, experienced a subdued open, indicating a shift in investor focus [4] Small-Cap Performance - Small-cap ETFs have led the market rally with year-to-date gains exceeding 7%, contrasting with the flat performance of mega-cap tech ETFs [4] - The Invesco S&P 500 Equal Weight ETF (RSP) climbed 3.3%, attracting significant fresh capital, signaling broader market recovery interest [4] Upcoming Earnings - The fourth-quarter 2025 earnings season is underway, with S&P 500 companies expected to report an earnings growth of 8.8% year-over-year, potentially reaching around 12% [6] - Key companies reporting today include Schlumberger Limited, Ericsson, and Capital One Financial, among others [6][7] Economic Indicators - Today's focus includes preliminary PMI data and final January Consumer Sentiment figures, with further insights expected next week [8] - The Personal Consumption Expenditures (PCE) index is projected to show a 0.2% month-over-month increase, with year-over-year readings at 2.8% [9] Corporate Developments - Intel shares fell 13% in premarket trading after a weaker-than-expected first-quarter outlook, despite surpassing fourth-quarter earnings estimates [14] - TikTok finalized a deal to avert a U.S. ban, involving a joint venture with Oracle and retaining a 19.9% stake for ByteDance [14] - Capital One Financial's shares declined after announcing the acquisition of fintech startup Brex for $5.15 billion while missing fourth-quarter earnings estimates [14] - Amazon is reportedly planning layoffs across various divisions, although its shares remained relatively unchanged [14] - Microsoft is noted for its sluggish performance, contributing to the drag on traditional market-cap-weighted indices, while Nvidia remains a focus for investors [14]
Netflix, Erasca, Kraft Heinz And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - Bioage Labs (NASDAQ:BIOA), Corvus Pharma (NASDAQ:CRVS)
Benzinga· 2026-01-21 13:06
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Wednesday.Shares of Netflix Inc (NASDAQ:NFLX) fell sharply in pre-market trading after the company reported fourth-quarter financial results and issued first-quarter guidance below estimates.Netflix reported better-than-expected fourth-quarter financial results Tuesday after market close. Netflix said it sees first-quarter revenue of $12.16 billion versus a Street consensus estimate of $12.19 billion, according to data f ...
Okeanis Eco Tankers Corp. – Completion and pricing of USD 130 million offering of new common shares
Globenewswire· 2026-01-21 12:02
ATHENS, Greece, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE: ECO, OSE: OET) is pleased to announce that it has successfully priced an offering of 3,611,111 new shares of the Company’s common stock, par value USD 0.001 per share (the “Offer Shares”), at a price of USD 36.00 per Offer Share, raising gross proceeds of approximately USD 130 million (the “Offering”). The net proceeds from the Offering are expected to be used as partial consideration for the acquisit ...
Okeanis Eco Tankers Corp. – Commercial Update
Globenewswire· 2026-01-20 21:15
ATHENS, Greece, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis” or “we”) (NYSE:ECO / OSE:OET), announced the following commercial update: As of the date of this release, we estimate the following Daily Time Charter Equivalent Rate* (“Daily TCE Rate”) on our vessels: On a fleetwide basis, for Q4 2025 we anticipate a Daily TCE Rate of approximately $75,400 per operating day, and thus far in Q1 2026, approximately 26% of the available fleetwide spot days have be ...
Frontline: How Fleet Renewal, Venezuela Oil, And A 17% Yield Could Drive Returns (Rating Upgrade)
Seeking Alpha· 2026-01-14 13:50
Group 1 - The company Frontline (FRO) was previously analyzed and deemed overvalued compared to Okeanis (ECO) which is preferred [1] - The analyst has a diverse professional background across various industries including logistics, construction, and retail, providing a broad perspective on investment opportunities [1] - The investment strategy focuses on cyclical industries, aiming for significant returns during economic recovery while maintaining a diversified portfolio that includes bonds, commodities, and forex [1] Group 2 - The analyst holds a beneficial long position in ECO shares through stock ownership or derivatives [2]
Eco (Atlantic) Oil and Gas Ltd. Announces Guyana Licence Update
Accessnewswire· 2026-01-14 07:20
Core Viewpoint - Eco (Atlantic) Oil & Gas Ltd. is providing an update on its offshore position in Guyana, indicating ongoing developments in its exploration activities in the region [1]. Company Update - The company is focused on oil and gas exploration specifically in the offshore Atlantic Margins, highlighting its strategic positioning in a resource-rich area [1].
Eco (Atlantic) Oil and Gas Ltd. Announces Executives and Broker Appointment
Accessnewswire· 2026-01-06 07:00
Group 1 - Eco (Atlantic) Oil & Gas Ltd. has appointed Canaccord Genuity Limited as Joint Broker with immediate effect [1]
Are Transportation Stocks Lagging Okeanis Eco Tankers Corp. (ECO) This Year?
ZACKS· 2025-12-31 15:40
Group 1: Company Overview - Okeanis Eco Tankers Corp. (ECO) is a notable stock within the Transportation sector, which consists of 122 individual stocks [2] - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Metrics - Over the past 90 days, the Zacks Consensus Estimate for ECO's full-year earnings has increased by 47.8%, reflecting improved analyst sentiment [4] - Year-to-date, ECO has gained approximately 56.9%, significantly outperforming the average Transportation sector gain of 2% [4] Group 3: Industry Context - Okeanis Eco Tankers Corp. is part of the Transportation - Shipping industry, which includes 39 companies and is currently ranked 73 in the Zacks Industry Rank [6] - The average gain for stocks in the Transportation - Shipping industry this year is 8.5%, indicating that ECO is performing well relative to its peers [6]
Okeanis Eco Tankers Corp. – Financial Calendar
Globenewswire· 2025-12-19 21:30
Financial Calendar - The financial calendar for Okeanis Eco Tankers Corp. includes key reporting dates for the financial years 2025 and 2026, with the annual report for 2025 scheduled for March 20, 2026, and the quarterly report for Q4 on February 18, 2026 [2] - For the financial year 2026, the half-yearly report is set for August 4, 2026, and the annual general meeting will take place on May 29, 2026 [2] - All quarterly financial results will be released after market close on the New York Stock Exchange (NYSE) on the respective dates [2] Company Overview - Okeanis Eco Tankers Corp. is a leading international tanker company that specializes in the seaborne transportation of crude oil and refined products [3] - The company was incorporated on April 30, 2018, under the laws of the Republic of the Marshall Islands and is listed on both the Oslo Stock Exchange under the symbol OET and the New York Stock Exchange under the symbol ECO [3] - The company's fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers [3]
Okeanis Eco Tankers Corp. – Financial Calendar
Globenewswire· 2025-12-19 21:30
Financial Calendar - The financial calendar for Okeanis Eco Tankers Corp. includes key reporting dates for the financial years 2025 and 2026, with the annual report for 2025 scheduled for March 20, 2026, and the quarterly report for Q4 on February 18, 2026 [2] - For the financial year 2026, the half-yearly report is set for August 4, 2026, and the annual general meeting will take place on May 29, 2026 [2] - All quarterly financial results will be released after market close on the New York Stock Exchange (NYSE) on the respective dates [2] Company Overview - Okeanis Eco Tankers Corp. is a leading international tanker company that specializes in the seaborne transportation of crude oil and refined products [3] - The company was incorporated on April 30, 2018, under the laws of the Republic of the Marshall Islands and is listed on both the Oslo Stock Exchange under the symbol OET and the New York Stock Exchange under the symbol ECO [3] - The company's fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers [3]