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Ocean Yield (OCY) investor relations material
Ocean Yield Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 delivered strong financial results with adjusted EBITDA of USD 112.9 million and net profit of USD 28.0 million, supported by robust liquidity and a 30.0% equity ratio.
Portfolio consists of 74 vessels, all on long-term charters, with an average vessel age just under five years.
Acquisition of CapeOmega Gas Transportation AS with KKR, adding ten LNG carriers on long-term charters to investment-grade counterparties.
Minority investment closed in CapeOmega LNG portfolio, expanding exposure to long-term LNG charters.
Declared a USD 100 million dividend for Q3 2025.
Financial highlights
Total revenues and other income for Q3 2025 were USD 71.3 million, up from USD 62.7 million in Q2 2025.
Adjusted EBITDA reached USD 112.9 million, the highest in company history, up from USD 101.1 million in Q2 2025.
Net profit for Q3 2025 was USD 28.0 million, compared to USD 22.9 million in Q2 2025.
Available liquidity increased to USD 191.5 million at quarter end.
Book equity increased to USD 840.7 million, driven by retained earnings and new equity.
Outlook and guidance
EBITDA charter backlog at quarter end was USD 4.3 billion, with an average remaining contract duration of 9.9 years.
The company remains well positioned for long-term growth, supported by a substantial charter backlog and strong liquidity.
Low portfolio risk, robust balance sheet, and strong liquidity position the company for selective growth.
No specific dividend guidance for next year, but capital allocation policy prioritizes a strong balance sheet, accretive growth, and prudent dividends.
Increased focus on developing partnerships and strategic investments with industry leaders.
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