Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of December 12, 2018, it owned and operated a fleet of vessels, including 43 very large crude carriers, 2 ULCCs, 26 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 1 LR1s. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone323-247-4411
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$600.02 million
Profitability
Miscellaneous
Employees2,952
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable
Euronav (NYSE:EURN) Frequently Asked Questions
What is Euronav's stock symbol?
Euronav trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN."
How were Euronav's earnings last quarter?
Euronav NV (NYSE:EURN) released its quarterly earnings results on Thursday, January, 24th. The shipping company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The shipping company had revenue of $191.62 million for the quarter, compared to analyst estimates of $190.76 million. Euronav had a negative return on equity of 6.17% and a negative net margin of 18.38%. View Euronav's Earnings History.
When is Euronav's next earnings date?
What price target have analysts set for EURN?
8 brokerages have issued 12 month price objectives for Euronav's stock. Their forecasts range from $9.50 to $12.00. On average, they expect Euronav's stock price to reach $10.9167 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Euronav.
What is the consensus analysts' recommendation for Euronav?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Euronav.
Has Euronav been receiving favorable news coverage?
Media stories about EURN stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Euronav earned a news sentiment score of 0.6 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.
Who are some of Euronav's key competitors?
Some companies that are related to Euronav include SEASPAN CORP/SH SH (SSW), Ship Finance International (SFL), Frontline (FRO), PAC BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), DHT (DHT), Navigator (NVGS), COSTAMARE INC/SH (CMRE), Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE) and Dorian LPG (LPG).
What other stocks do shareholders of Euronav own?
Who are Euronav's key executives?
Euronav's management team includes the folowing people:
- Mr. Patrick Rodgers, CEO & Director (Age 60)
- Mr. Hugo De Stoop, Chief Financial Officer (Age 46)
- Captain Alex Staring, Chief Operating Officer (Age 54)
- Mr. Brian Gallagher, Head of Investor Relations & Communications (Age 49)
- Mr. Egied Verbeeck, Gen. Counsel (Age 45)
When did Euronav IPO?
(EURN) raised $176 million in an IPO on Friday, January 23rd 2015. The company issued 13,600,000 shares at a price of $12.94 per share. Deutsche Bank Securities, Citigroup, J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and DNB Markets, Evercore ISI, SEB, ABN AMRO, Clarkson Capital Markets, KBC Securities, Scotiabank and Howard Weil were co-managers.
Who are Euronav's major shareholders?
Euronav's stock is owned by a number of of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (0.00%), Oaktree Capital Management LP (0.00%), Prudential PLC (0.00%), Norges Bank (1.95%), FMR LLC (1.66%) and Bank of New York Mellon Corp (0.00%).
Which institutional investors are selling Euronav stock?
EURN stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, FMR LLC, Millennium Management LLC, Jane Street Group LLC, M Holdings Securities Inc., Edmond DE Rothschild Holding S.A. and Northern Trust Corp.
Which institutional investors are buying Euronav stock?
EURN stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Bank of New York Mellon Corp, Deprince Race & Zollo Inc., Deprince Race & Zollo Inc., GAM Holding AG, Citigroup Inc., Bank of America Corp DE and Thrivent Financial for Lutherans.
How do I buy shares of Euronav?
Shares of EURN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Euronav's stock price today?
One share of EURN stock can currently be purchased for approximately $8.10.
How big of a company is Euronav?
Euronav has a market capitalization of $1.81 billion and generates $600.02 million in revenue each year. The shipping company earns $-110,250,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis. Euronav employs 2,952 workers across the globe.
What is Euronav's official website?
How can I contact Euronav?
Euronav's mailing address is De Gerlachekaai 20, Antwerpen C9, 2000. The shipping company can be reached via phone at 323-247-4411 or via email at [email protected]
MarketBeat Community Rating for Euronav (NYSE EURN)
MarketBeat's community ratings are surveys of what our community members think about Euronav and other stocks. Vote "Outperform" if you believe EURN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EURN will underperform the S&P 500 over the long term. You may vote once every thirty days.
