CMBT Overview

U.S. Stock Market Performance: U.S. stocks rose on Friday, with the Dow Jones gaining approximately 300 points, driven by positive earnings reports, particularly from Dell, which boosted investor sentiment in the tech sector.

Micron Technology Surge: Shares of Micron Technology increased by 2.5% to $235.92, as investors interpreted Dell's strong earnings as a sign of broader strength in the technology market.

Notable Stock Gains: Several companies saw significant stock price increases, including DeFi Technologies (up 20.5%), YD Bio Ltd (up 13.7%), and Savara Inc (up 12.3%), reflecting positive developments in their respective sectors.

Precious Metals and Crypto Stocks Rise: Stocks related to precious metals and cryptocurrencies also experienced gains, with First Majestic Silver Corp and Intel Corporation rising notably, as gold and silver prices increased and Bitcoin surpassed $90,000.

Dividend Announcement: Cmb.Tech NV (CMBT) has declared an interim dividend of $0.05 per share, payable on January 15, with shareholders of record on January 7 and an ex-dividend date also on January 7.

Financial Performance: In its recent earnings report, Cmb.Tech NV reported a GAAP EPS of $0.07, which missed expectations by $0.13, while revenue of $454.25 million exceeded forecasts by $60.88 million.

Strategic Investments: Cmb.Tech has acquired a 51% stake in a hydrogen joint venture in Namibia, indicating a focus on renewable energy initiatives.

Fleet Renewal: The company continues its fleet renewal efforts, positioning itself for growth in the shipping sector, which is expected to outperform through 2026.

Q3 Financial Performance: Cmb.Tech NV reported a Q3 GAAP EPS of $0.07, missing expectations by $0.13, while revenue surged to $454.25 million, reflecting a 104.8% year-over-year increase and exceeding estimates by $60.88 million.

EBITDA and Contract Backlog: The company's EBITDA for the quarter was $238.4 million, up from $177.1 million in Q3 2024, and it holds a contract backlog of $2.95 billion.

Dividend Proposal and Fleet Updates: Cmb.Tech proposed an interim dividend of $0.05 per share, expected to be paid around January 15, 2026, and delivered seven new vessels during Q3.

Strategic Moves: The company extended the time charter of the VLCC Donoussa until October 2026 and made significant fleet renewals, including a 51% stake in a Namibia hydrogen joint venture.