ESEA PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d

ESEA ▲ +1.27% at T+5d

LONG call ✓ call won +1.27% · α vs SPY +0.19% · entry $65.32 → $66.15

Next anchor: T+20d in 11d

Currently $71.52 · +9.49% from $65.32 entry

Entry anchored
May 22, 03:59 PM ET
via Databento tick

T+1d

+1.04%

call +1.04% · α +1.03%

$66.00

settled 17d ago

T+5d

+1.27%

call +1.27% · α +0.19%

$66.15

settled 11d ago

T+20d

—

call — · α —

—

in 11d

T+60d

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call — · α —

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in 2mo

Price Chart

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Executive Summary

Euroseas extended time charter contracts for two 2024-built feeder containerships (M/V Stephania K and M/V Pepi Star) for 24-26 months at $25,500/day, expected to generate ~$27M of EBITDA over the minimum period. The extensions increase charter coverage to 96% for 2026, 86% for 2027, and 48% for 2028, reflecting continued demand for modern fuel-efficient tonnage.

Key Financial Metrics

Deal Value

$27.0M

Actionable Insight

The charter extensions lock in profitable cash flows through mid-2028, significantly de-risking near-term revenue visibility. With 96% coverage for 2026 and 86% for 2027, Euroseas is well-positioned against spot market volatility. Monitor upcoming newbuilding deliveries (2027-2029) for further growth catalyst.

Key Facts

Charter extensions for M/V Stephania K and M/V Pepi Star at $25,500/day for 24-26 months
Expected to generate approximately $27 million of EBITDA over the minimum contracted period
Charter coverage increased to 96% for 2026, 86% for 2027, and 48% for 2028
New charters commence July 28, 2026 and August 19, 2026 in direct continuation of existing contracts
Charterer is a top-tier counterparty; vessels are Hyundai-built, fuel-efficient feeders

Financial Impact

~$27M EBITDA over minimum 24-month period for both vessels

revenueebitdacharter coverage

Risk Factors

Container shipping rates could decline if geopolitical tensions ease or demand softens
Newbuilding deliveries may face delays or cost overruns
Charterer options could result in earlier redelivery than maximum period

Market Snapshot

Exchange

Nasdaq

Sector

Deep Sea Foreign Transportation of Freight

Analyst Consensus

89% bullish (9 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3301175

11 reports for ESEA

T+1T+5T+20T+60

67% Hit rate 4 of 6 directional calls best @ T+20▲ +4.99%Mar 17, 2026

Filters

Reports for ESEA — sortable, filterable
	Type				Now
May 26, 2026 17d ago	6-K BULLISH ★ 6/10	$66.00 $65.25	▼ −1.14%	▼ −1.61%	$71.52 (+8.36%)
May 26, 2026 17d ago	Press Release BULLISH ★ 6/10	$65.32 $66.15	▲ +1.27%	▲ +0.19%	$71.52 (+9.49%)
May 21, 2026 22d ago	6-K MIXED ★ 6/10	$65.21 $66.15	▲ +1.44%	▼ −0.22%	$71.52 (+9.68%)
May 21, 2026 23d ago	Press Release BULLISH ★ 6/10	$74.93 $63.70	▼ −14.99%	▼ −16.84%	$71.52 (−4.55%)
Apr 30, 2026 6w ago	6-K BULLISH ★ 6/10	$70.57 $73.19	▲ +3.71%	▲ +1.37%	$71.52 (+1.35%)
Apr 30, 2026 6w ago	Press Release MIXED ★ 6/10	$70.01 $74.50	▲ +6.41%	▲ +4.69%	$71.52 (+2.16%)
Apr 29, 2026 6w ago	20-F BULLISH ★ 7/10	$70.77 $72.07	▲ +1.84%	▼ −1.27%	$71.52 (+1.06%)
Apr 15, 2026 8w ago	Press Release BULLISH ★ 6/10	$72.00 $68.73	▼ −4.54%	▼ −5.53%	$71.52 (−0.67%)
Apr 14, 2026 8w ago	Insider Cluster NEUTRAL ★ 3/10	$69.92 $67.35	▼ −3.68%	▼ −5.07%	$71.52 (+2.29%)
Apr 14, 2026 8w ago	Insider Cluster MIXED ★ 4/10	$69.92 $67.35	▼ −3.68%	▼ −5.07%	$71.52 (+2.29%)

US Market Status

Market Closed — Opens Mon (48h 52m)

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