Robin Energy Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $3.0M
- Price
- $2.22
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.01%
- Volume
- 23.2K
About
Robin Energy Ltd. is a global maritime transport enterprise primarily involved in the acquisition, proprietorship, chartering, and operation of oceangoing tanker vessels. The company's core business is providing sea-based logistics for the movement of both crude oil and its refined petroleum derivatives. As of April 14, 2025, their active fleet consisted of one ship, possessing a carrying capacity of 0.03 million deadweight tons. Founded in 2024, Robin Energy Ltd. is headquartered in Limassol, Cyprus.
Quick stats
Shares outstanding1.3M
Computed float1.3M
Float / shares99.4%
Key info
SectorEnergy
IndustryOil & Gas Midstream
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002039060
Websitehttps://www.robinenergy.com
AI Summary
AI-generated1/15
standardbullishearnings
Robin Energy Ltd. Reports Net Income of $5.6 Million for the Three Months Ended June 30, 2026, and $6.1 Million for the Six Months Ended June 30, 2026
Robin Energy reported Q2 2026 net income of $5.6 million, up 980.7% year-over-year, on vessel revenues of $2.6 million (up 29.2%).
The profit was driven largely by a one-time $6.2 million gain on the sale of the M/T Wonder Mimosa; Daily TCE rates fell to $11,381 from $20,054 as the newer LPG carriers earn lower rates.
The company ended June with $35.7 million in cash and zero debt, after raising $17.1 million via ATM sales in H1, and its two LPG carriers are chartered into late 2026 and 2027.
It also disclosed a $5.5 million investment in IntegrEn convertible loan notes maturing December 31, 2026, and a 1-for-15 reverse split effected in July.
Red flags
- Q2 earnings driven by one-time $6.2M vessel-sale gain, not core operations
- Daily TCE rate fell 43% YoY to $11,381 as fleet mix shifted to lower-rate LPG carriers
- 1-for-15 reverse stock split effected July 9, 2026 (listing compliance context)
- Heavy use of ATM equity issuance and small follow-on offering suggests ongoing dilution pressure
- Fleet down to two vessels after tanker sale; proposed tanker spin-off withdrawn