CMB.TECH NV (EURN)

Evaluation: Based on all recent filings, financial statements, and news.

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Company Performance

Current Price

as of Oct 18, 2024

$16.12

P/E Ratio

2.67

Market Cap

$3.14B

Description

CMB.TECH NV engages in the ocean transportation and storage of crude oil. The firm operates through the following segments: Operation of crude oil tankers on the international markets (Tankers) and Floating Production, Storage and Offloading Operations (FSO/FPSO). The Tankers segment provides shipping services for crude oil seaborne transportation. The FpSO segment receives hydrocarbon fluids pumped by nearby offshore platforms and provides field storage. Its activities include crew, ship and fleet management services. The company was founded in 1989 and is headquartered in Antwerp, Belgium.

Metrics

Overview

  • HQAntwerp, VL
  • SectorTransportation
  • IndustryMarine Shipping
  • TickerEURN
  • Price$16.12029+0.58%

Trading Information

  • Market Cap$3.14B
  • Float7.75%
  • Average Daily Volume (1m)25,596
  • Average Daily Volume (3m)30,715
  • EPS$5.56

Company

  • Revenue$963.34M
  • Rev Growth (1yr)-26.83%
  • Net Income$171.26M
  • Gross Margin43.81%
  • EBITDA Margin52.96%
  • EBITDA$123.97M
  • EV$4.91B
  • EV/Revenue5.09
  • P/E2.67
  • P/S3.00
  • P/B2.52
Documents
Factset Street Account
Frontline completes sale of its stake in Euronav to CMB (€16.60, 0.00) (2023-11-22T21:15:43Z)
Euronav shares halted; last up 4.8%; we're told Betaville is reporting rumors Compagnie Maritime Belge has lined up financing to take the business private (€14.49, +0.59) (2023-10-05T10:47:12Z)
Euronav shareholders approve the sale of vessels to Frontline and the termination of the arbitration proceedings (€16.44, -0.02) (2023-11-21T14:27:33Z)
Euronav reports Q3 net income $114.6M vs FactSet $88.2M [12 est, $26.2-114M] (€17.04, 0.00) (2023-11-02T07:07:47Z)
Euronav downgraded to neutral from outperform at Oddo (€15.36, 0.00) (2023-10-02T06:21:00Z)
Euronav downgraded to in line from outperform at Evercore ISI ($17.80, 0.00) (2023-10-24T10:29:05Z)
Euronav downgraded to hold from buy at Stifel (2023-10-09T21:08:26Z)
Euronav downgraded to hold from buy at Pareto (€17.07, +0.04) (2023-11-02T10:57:21Z)
Euronav confirms Frontline and CMB discussions; potential transaction would see CMB acquire Frontline's 26.12% stake for $18.43 per share, followed by public mandatory offer (€14.57, +0.67) (2023-10-05T13:15:12Z)
Euronav business and dividend update: so far in Q4, Euronav VLCCs in the Tankers International Pool have earned $36k per day with 84% of the available days fixed (€16.51, 0.00) (2023-11-29T07:08:51Z)
Euronav announce an agreement to lift the option for a second VLCC new build (€16.70, 0.00) (2023-10-12T06:06:01Z)
CMB to acquire Frontline's 26.12% stake in Euronav for $18.43/sh; Frontline to acquire 24 VLCC tankers from Euronav fleet for $2.35B (€16.31, 0.00) (2023-10-09T06:12:18Z)
C.K. Limited, Famatown Finance Limited and Frontline plc no longer owns any shares in Euronav NV (€16.63, 0.00) (2023-11-24T07:04:40Z)
Wikipedia
Euronav_NV
Factset
Factset Business Description