• $5.0M
    Market Cap
  • -79.74%
    1-Year Change
  • Oil & Gas Midstream
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 30
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Top Ships Announces Filing of 2025 Annual Report on Form 20-F

TOP Ships Inc., an international owner and operator of modern fuel-efficient ECO tanker vessels, announced the filing of its annual report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The report is available on the company's website and the SEC website.

04/02/2026, 5:00 AM • GlobeNewswire

TOP Ships Inc. Announces Agreement to Acquire Nine ECO MR Product Tanker Newbuildings with Time Charter Employment and Potential Gross Revenue Backlog of about $679 million

TOP Ships Inc. has agreed to acquire nine Marshall Islands companies holding shipbuilding contracts for nine 47,499 dwt Medium Range product tankers from Guangzhou Shipyard International, scheduled for delivery in 2028-2029. The acquisition price is approximately $41 million, with lease financing from major Chinese leasing companies covering the majority of shipbuilding costs. All nine vessels have secured seven-year time charter employment with a major oil trader, generating a potential gross revenue backlog of about $679 million including optional extension years.

02/23/2026, 8:00 AM • Benzinga

Rubico Inc. Announces Acquisition of Newbuilding Mega Yacht

Rubico Inc. (NASDAQ: RUBI) has entered into a purchase agreement to acquire a vessel-owning company from Top Ships Inc. that holds a shipbuilding contract for a newbuilding mega yacht, the M/Y Sanlorenzo 1150Exp, for $38.0 million with expected delivery in Q2 2027. The transaction is expected to close by March 31, 2026, with a previously made $4.0 million advance payment credited against the purchase price.

12/31/2025, 4:30 PM • Benzinga

TOP Ships Announces Letter of Intent for Acquisition of Real Estate Assets in Dubai

TOP Ships Inc. has entered a letter of intent to potentially acquire residential real estate assets in Dubai valued over $200 million, with an advance cash payment of $23.5 million and a 10% discount on fair market value.

11/28/2025, 4:30 PM • Benzinga

TOP Ships Announces Letter of Intent for Acquisition of Real Estate Assets in Dubai

TOP Ships Inc. has entered a letter of intent to potentially acquire residential real estate assets in Dubai valued over $200 million, with a 10% discount to fair market value and a $23.5 million advance payment.

11/28/2025, 4:30 PM • GlobeNewswire

Rubico Announces Commencement of Trading on the Nasdaq Capital Market

Rubico Inc. has completed its spin-off from Tops Ships Inc. and commenced trading on the Nasdaq Capital Market under the ticker 'RUBI' on August 4, 2025. The company is a global shipping transportation services provider specializing in vessel ownership.

08/04/2025, 4:30 PM • Benzinga

Peers

Statistics

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Day Range
$0.91
$1.11
$1.11
1-Year Range
$0.90
$9.62
$1.11
Latest Close$1.11
Change
+$0.19 (+16.68%)
Volume11,051,907
Market Cap$5.0M
Shares Outstanding5.5M
P/E (TTM)1.34
Diluted EPS (TTM)$0.67
Enterprise Value$201.2M

Information as of 06/02/2026

Company Profile

$5.0M
Market Cap
$3.1M
Net Income
Sector: Energy
Industry: Oil & Gas Midstream
20 Iouliou Kaisara Str, Athens, Greece, 19002
30 210 81 28 107

Top Ships Inc. owns and operates tanker vessels in Greece and internationally. The company transports crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2025, it had a fleet with a total capacity of 857,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, one 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Athens, Greece.

Key Executives

  • Konstantinos Patis
  • Vangelis G. Ikonomou
  • Evangelos J. Pistiolis
  • Alexandros Tsirikos

Current Ownership Distribution

  • Institutions4.0M (56.72%)
  • Insiders3.0M (42.76%)
  • Mutual Funds37,174 (0.52%)
  • Other0 (0.00%)