CMBTO fundamentals
Key facts
Euronav NV is a Belgian independent tanker company that specializes in the ocean transportation and storage of crude oil. The public company is headquartered in Antwerp, Belgium, and has a global presence of subsidiaries in several regions. Euronav is listed on Euronext and on the NYSE under the symbol EURN. The company employs its fleet both on the spot and period market, and its owned and operated fleet consists of 2 V-plus vessels, 41 VLCCs (with further three under construction), 27 Suezmaxes (one of which is in a joint venture and two vessels time chartered in) with a further three under construction and 2 FSO vessels under long term contract. Euronav is the largest NYSE listed independent crude oil tanker company in the world. Euronav was founded in 1989 and Alexander Saverys has been the CEO of the company since November 22, 2023.
Valuation
Fundamental metrics to determine fair value of the stock
Growth and Profitability
Company’s recent performance and margins
Dividends
Dividend yield, history and sustainability
Financial health
Financial position and solvency of the company