CMB.TECH (NYSE:CMBT) Announces Quarterly Earnings Results

CMB.TECH (NYSE:CMBT) released its quarterly earnings results on Thursday. The company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.03), reports. The firm had revenue of $639.98 million for 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 Trading Down 0.4%

NYSE CMBT traded down $0.06 during trading on Thursday, hitting $14.30. The stock had a trading volume of 4,232,545 shares, compared to its average volume of 2,389,030. CMB.TECH has a one year low of $7.65 and a one year high of $14.58. The stock has a 50 day simple moving average of $11.73 and a 200 day simple moving average of $10.25. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 17.44 and a beta of -0.08. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.61 and a current ratio of 0.73.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On CMB.TECH

A number of institutional investors and hedge funds have recently modified their holdings of the business. Mcguire Capital Advisors Inc. purchased a new position in CMB.TECH during the 4th quarter valued at $26,000. XTX Topco Ltd lifted its position in shares of CMB.TECH by 252.0% during 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 during the last quarter. Voloridge Investment Management LLC purchased a new stake in shares of CMB.TECH during the fourth quarter valued at $3,507,000. Millennium Management LLC purchased a new stake in shares of CMB.TECH during the fourth quarter valued at $15,792,000. Finally, Engineers Gate Manager LP bought a new position in shares of CMB.TECH in the fourth quarter worth about $482,000.

About CMB.TECH

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.