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MarketBeat
MarketBeat
Business
Peter Frank

FOUND: Okeanis riding record profits as uncertainty grows - You Need To See This

Okeanis Eco Tankers (NYSE: ECO) owns a fleet of modern crude tankers and is making money at a pace that looks almost unreal. It certainly looks unsustainable.

The Strait of Hormuz crisis has rerouted the world's oil, and the ships that carry it are commanding extraordinary rates. Eco is trading near its all-time high, and it just paid its largest dividend in history. It’s a stock that seems hard to resist.

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