ECO
IndustrialsOkeanis Eco Tankers Corp. · Marine Shipping · $2B
What is Okeanis Eco Tankers Corp.?
Okeanis Eco Tankers Corp. is a Greece-based tanker company focused on the ownership and operation of modern, fuel-efficient oil tankers across global shipping routes. Its fleet is built around scrubber-fitted vessels designed to reduce fuel costs and meet tightening environmental standards.
The company generates revenue primarily through chartering its tanker fleet to oil majors, commodity traders, and other energy companies. It operates two vessel classes — Suezmax and VLCC (Very Large Crude Carrier) — that move crude oil across major global trade lanes. Beyond vessel operation, Okeanis also provides technical support, maintenance coordination, and insurance consulting services to support fleet performance and client relationships.
Okeanis Eco Tankers is headquartered in Piraeus, Greece, and was incorporated in 2018.
- Scrubber-fitted VLCC tanker operations for large-scale crude transport
- Scrubber-fitted Suezmax tanker chartering services
- Technical support and fleet maintenance coordination
- Insurance consulting services for shipping clients
Is ECO a Good Stock to Buy?
UQS Score rates ECO as Good overall, reflecting a balanced profile with notable strengths and some structural limitations.
The Quality pillar stands out as Strong, suggesting the business generates healthy returns relative to its asset base — a meaningful distinction in the capital-intensive tanker sector. Valuation is rated Attractive, meaning the stock appears reasonably priced compared to its fundamentals, which may interest value-oriented investors. Growth and Risk both come in at Neutral, indicating a steady but not accelerating trajectory with manageable near-term risk.
The Moat pillar is rated Weak, reflecting the commoditized nature of tanker chartering where pricing power is largely dictated by supply-demand cycles rather than durable competitive advantages.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ECO pay dividends?
Yes — Okeanis Eco Tankers Corp. pays a dividend.
Okeanis Eco Tankers pays a regular dividend, which is common among tanker companies that generate substantial cash flows during periods of strong freight rates. The dividend reflects management's approach of returning capital to shareholders rather than aggressively expanding the fleet. Investors should note that tanker dividends can fluctuate with charter rate cycles, so income consistency may vary across market conditions.
When does ECO report earnings?
Okeanis Eco Tankers reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Results tend to reflect prevailing crude tanker charter rates, which can shift meaningfully with geopolitical events, OPEC production decisions, and seasonal demand patterns. The company's scrubber-fitted fleet provides a degree of cost advantage that can support margins when fuel spreads are wide.
For the most recent quarter's results and guidance, visit Okeanis Eco Tankers' official investor relations page.
ECO Price History
+730.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Okeanis Eco Tankers Corp.?
Based on Okeanis Eco Tankers Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ECO Long-term Outlook
With Growth rated Neutral and Risk also Neutral, Okeanis Eco Tankers appears positioned for steady rather than rapid expansion. The tanker market remains sensitive to macro factors — crude trade volumes, fleet supply, and geopolitical disruptions — all of which can shift the earnings outlook quickly. The Attractive Valuation label suggests the market may not be fully pricing in the company's Quality-rated fundamentals, which could be relevant for patient, long-horizon investors.
Growth drivers
- Continued demand for seaborne crude transport across major global trade lanes
- Fuel cost advantages from the scrubber-fitted fleet during periods of wide fuel price spreads
- Potential upside from tightening global tanker supply as older vessels exit the market
Key risks
- Charter rate volatility driven by OPEC production decisions and global oil demand shifts
- Weak Moat rating reflects limited pricing power in a commoditized freight market
- Geopolitical disruptions or sanctions changes could rapidly alter trade route economics
ECO vs Peers
Okeanis Eco Tankers operates in a competitive shipping landscape alongside diversified maritime companies with different fleet compositions and business models.
SFL operates a broadly diversified fleet across multiple vessel types under long-term charter contracts, offering more revenue predictability than a pure tanker operator.
Navios Maritime Partners covers both dry bulk and tanker segments, giving it exposure to a wider range of commodity shipping markets than ECO's crude-focused fleet.
Global Ship Lease focuses exclusively on containerships rather than tankers, making it a proxy for container trade volumes rather than crude oil demand.
Frequently Asked Questions
What does Okeanis Eco Tankers do?
Okeanis Eco Tankers owns and operates a fleet of modern crude oil tankers — specifically Suezmax and VLCC vessels — that transport oil across global shipping routes. The company also provides technical support, maintenance coordination, and insurance consulting services alongside its core chartering business.
Does ECO pay dividends?
Yes, Okeanis Eco Tankers pays a regular dividend. Tanker companies often distribute a significant portion of cash flows to shareholders, though dividend levels can vary with charter rate cycles. Investors should review the company's most recent dividend announcements for current details.
When does ECO report earnings?
Okeanis Eco Tankers reports on a quarterly cadence, in line with standard practice for US-listed companies. For the exact schedule and most recent results, check the company's investor relations page directly.
Is ECO a good stock to buy?
UQS Score rates ECO as Good overall, with a Strong Quality pillar and an Attractive Valuation. The Moat pillar is Weak, reflecting the competitive and cyclical nature of tanker chartering. Whether it suits your portfolio depends on your risk tolerance and view on the crude shipping cycle.
Is ECO overvalued?
The UQS Valuation pillar for ECO is rated Attractive, suggesting the stock is not considered expensive relative to its fundamentals at the time of scoring. Valuation in the tanker sector can shift quickly with freight rate movements, so ongoing monitoring is worthwhile.
How does ECO compare to its competitors?
Compared to peers like SFL, NMM, and GSL, Okeanis Eco Tankers is more narrowly focused on crude oil tankers. This concentration can amplify returns during strong tanker markets but also increases exposure to crude shipping cycles relative to more diversified maritime operators.
What is ECO's market cap bracket?
Okeanis Eco Tankers is classified as a small-cap company. This places it in a segment of the market that can offer growth potential but may also carry higher volatility and lower trading liquidity compared to large- or mega-cap peers.
Who founded Okeanis Eco Tankers?
Okeanis Eco Tankers was incorporated in 2018 and is associated with the Alafouzos family, a prominent Greek shipping family. For detailed founding history and corporate governance information, the company's official filings and investor relations materials are the most reliable source.
Is ECO a long-term quality stock?
From a quality indicator standpoint, ECO's Strong Quality pillar suggests the business generates above-average returns on its asset base — a positive signal for long-term holders. However, the Weak Moat rating is a reminder that tanker companies lack durable pricing power, making long-term outcomes sensitive to industry cycles.
What is the main competitive advantage of Okeanis Eco Tankers?
Okeanis Eco Tankers' primary operational edge comes from its modern, scrubber-fitted fleet. Scrubbers allow vessels to burn higher-sulfur fuel at a lower cost, which can translate into a meaningful cost advantage over competitors operating older or non-scrubber-equipped ships when fuel price spreads are wide.
What sector does ECO belong to?
ECO is classified within the Industrials sector, specifically in the marine shipping sub-industry. Tanker companies are often analyzed alongside broader shipping and logistics businesses, though crude tanker dynamics are heavily influenced by global oil trade flows.
Is ECO a growth stock or value stock?
Based on UQS pillar labels, ECO leans toward the value side — the Valuation pillar is Attractive while Growth is Neutral, indicating the stock is not priced for rapid expansion. It may appeal more to income- and value-oriented investors than those seeking high-growth exposure.
Unlock Full ECO Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View the complete UQS pillar score breakdown for ECO
- ✓Access detailed financial metrics behind the Quality rating
- ✓Compare ECO against sector peers on every pillar
- ✓Track Valuation and Risk changes over time
- ✓Get the full analyst-style report in one place
Pro Analysis
ECO — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 53.0 | 74.6 | 17.0 | 45.8 | 48.8 | 90.7 | +0.3 |
| May 21, 2026 | 52.7 | 74.6 | 17.0 | 45.8 | 48.8 | 89.0 | -0.3 |
| May 19, 2026 | 53.0 | 74.6 | 17.0 | 45.8 | 48.8 | 90.5 | -1.4 |
| May 13, 2026 | 54.4 | 79.8 | 17.0 | 44.9 | 54.9 | 86.7 | +0.2 |
| May 12, 2026 | 54.2 | 79.8 | 17.0 | 44.9 | 54.9 | 85.3 | 0.0 |
| May 7, 2026 | 54.2 | 79.9 | 17.0 | 44.9 | 54.9 | 84.9 | -0.4 |
| May 3, 2026 | 54.6 | 80.5 | 17.0 | 44.9 | 54.9 | 86.8 | -0.2 |
| May 1, 2026 | 54.8 | 80.5 | 17.0 | 44.9 | 54.9 | 88.3 | 0.0 |
| Apr 26, 2026 | 54.8 | 80.5 | 17.0 | 44.8 | 54.9 | 88.0 | +0.2 |
| Apr 25, 2026 | 54.6 | 80.5 | 17.0 | 44.2 | 54.9 | 87.6 | -0.2 |
ECO — Pillar Breakdown
Quality
— 74.6/100 (25%)Okeanis Eco Tankers Corp. shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 45.8/100 (20%)Okeanis Eco Tankers Corp. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 48.8/100 (15%)Okeanis Eco Tankers Corp. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 90.7/100 (15%)Okeanis Eco Tankers Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 17/100 (25%)Okeanis Eco Tankers Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ECO.
Score Composition
Financial Data
More Stock Analysis
How is the ECO UQS Score Calculated?
The UQS (Unified Quality Score) for Okeanis Eco Tankers Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Okeanis Eco Tankers Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Okeanis Eco Tankers Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.