Company Profile

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Eneti Inc.(NETI:NYSE)

Eneti Inc. (NYSE:NETI)

Stock data as of
Thu 23rd of September 2021 10:20 AM


Last: 16.90
Change: 0.12(0.71%)
Vol: 1,456
Open: 17.00
Low: 16.82
High: 16.94
Mkt: 304.3188


About Eneti Inc.

Eneti, Inc. engages in the provision of international shipping services. The firm owns and operates newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 deadweight tons (dwt). The firm operates through two segments: Kamsarmax and Ultramax. It's Kamsarmax segment includes vessels ranging from approximately 82,000 dwt to 84,000 dwt. It's Ultramax segment includes vessels ranging from approximately 60,200 dwt to 64,000 dwt. It's vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes, and are employed primarily in the spot market or in spot market-oriented pools of similarly sized vessels. The Company’s operating fleet of 52 wholly-owned or finance leased drybulk vessels, including 17 Kamsarmax vessels and 35 Ultramax vessels.

Recent News

Eneti (NETI) Moves to Strong Buy: Rationale Behind the Upgrade

Fri, 17 Sep 2021 13:45:14 -0400 - Eneti (NETI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

New Strong Buy Stocks for September 17th

Fri, 17 Sep 2021 11:28:03 -0400 - CMC, NETI, RS, WLK, and SALM have been added to the Zacks Rank #1 (Strong Buy) List on September 17, 2021.

Eneti, Inc. (NETI) CEO Emanuele Lauro on Q2 2021 Results - Earnings Call Transcript

Tue, 17 Aug 2021 12:36:07 -0400 - Eneti, Inc. (NETI) CEO Emanuele Lauro on Q2 2021 Results - Earnings Call Transcript

Eneti (NETI) Tops Q2 Earnings and Revenue Estimates

Tue, 17 Aug 2021 09:53:46 -0400 - Eneti (NETI) delivered earnings and revenue surprises of 181.25% and 57.61%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Recap: Eneti Q2 Earnings

Tue, 17 Aug 2021 07:18:40 -0400 - Shares of Eneti (NYSE:NETI) rose 0.1% after the company reported Q2 results. Quarterly Results Earnings per share rose 115.85% year over year to $0.90, which beat the estimate of $0.21.

Eneti Inc. Announces Financial Results for the Second Quarter of 2021 and Declares a Quarterly Cash Dividend

Tue, 17 Aug 2021 06:55:00 -0400 - MONACO, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (“Eneti” or the “Company”), today reported its results for the three months ended June 30, 2021.

Should You Buy Eneti (NETI) Ahead of Earnings?

Thu, 12 Aug 2021 11:40:08 -0400 - Eneti (NETI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Eneti Inc. to Announce Second Quarter 2021 Results

Mon, 09 Aug 2021 16:10:00 -0400 - MONACO, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (the “Company”) plans to announce second quarter 2021 financial results in a press release that will be issued before the market opens on Tuesday, August 17, 2021.

Is a Surprise Coming for Eneti (NETI) This Earnings Season?

Fri, 06 Aug 2021 09:59:41 -0400 - Eneti (NETI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Eneti Acquires Seajacks For ~8.13M Shares, $299M Of Assumed Debt, $74M Of Newly-Issued Redeemable Shares, $12M Cash

Thu, 05 Aug 2021 16:31:15 -0400 - Eneti Inc (NYSE:NETI), through its subsidiary, has agreed to acquire 100% of Atlantis Investorco Limited, the parent of Seajacks International Limited ("Seajacks"), for consideration of ~8.13 million shares, $299 million of assumed net debt, $74 million of newly-issued redeemable notes, and $12 million of cash. The share consideration is comprised of 7,433,031 common shares and 700,000 preferential shares in Eneti.

Source:StockNews