CMB.TECH (NYSE:CMBT) Announces Earnings Results

CMB.TECH (NYSE:CMBT) announced its quarterly earnings data on Thursday. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.03), reports. The company had revenue of $639.98 million during the quarter, compared to the consensus estimate of $449.43 million. CMB.TECH had a net margin of 12.64% and a return on equity of 4.28%.

Here are the key takeaways from CMB.TECH’s conference call:

• Strong Q4 and FY results — Q4 net profit of $90m (FY $140m), Q4 EBITDA $322m (FY $943m), liquidity of $560m, and an interim dividend of $0.16 (~$45m) were announced.
• Deleveraging and locked-in gains — the Golden Ocean bridge was repaid at end‑January (yielding ~$42m interest savings for 2026) and the company has secured >$420m in capital gains (≈$50m booked in Q4, ~$370m previously locked in).
• High spot exposure with upside in dry bulk — ~53,000 shipping days in 2026 (44,000 spot), including ~27,000 Capesize/Newcastlemax spot days, where each $10k above breakeven could generate ≈$270m in cash flow and fundamentals look supportive.
• Near-term cash demands and medium-term tanker risk — $1.5bn remaining CapEx with ~ $1.2bn payable to yards in the next 12 months (financing claimed secured), and a rising crude tanker orderbook from 2028 could pressure rates unless scrapping or demand momentum continues.

CMB.TECH Price Performance

CMBT stock traded up $0.40 during trading on Friday, reaching $14.70. The company had a trading volume of 1,608,594 shares, compared to its average volume of 2,366,252. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.73 and a quick ratio of 0.61. CMB.TECH has a 52 week low of $7.65 and a 52 week high of $14.69. The business has a 50 day moving average of $11.73 and a 200 day moving average of $10.25.

CMB.TECH Dividend Announcement

The business also recently declared a special dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 15th will be given a dividend of $0.16 per share. The ex-dividend date is Wednesday, April 15th. CMB.TECH’s payout ratio is currently 8.54%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new position in shares of CMB.TECH in the 4th quarter valued at approximately $26,000. XTX Topco Ltd raised its holdings in CMB.TECH by 252.0% in the fourth quarter. XTX Topco Ltd now owns 133,723 shares of the company’s stock worth $1,290,000 after purchasing an additional 95,737 shares in the last quarter. Voloridge Investment Management LLC bought a new position in CMB.TECH in the fourth quarter worth $3,507,000. Millennium Management LLC purchased a new position in CMB.TECH during the fourth quarter valued at $15,792,000. Finally, Engineers Gate Manager LP bought a new stake in shares of CMB.TECH during the 4th quarter valued at $482,000.

Analyst Upgrades and Downgrades

CMBT has been the topic of several analyst reports. Weiss Ratings raised shares of CMB.TECH from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, January 14th. Wall Street Zen lowered shares of CMB.TECH from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Finally, Pareto Securities upgraded shares of CMB.TECH to a “strong-buy” rating in a research report on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, CMB.TECH has an average rating of “Buy”.

CMB.TECH Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.