Vopak stock trades at EUR 47.82 after outlook upgrade

Published on 09/30/2026 at 10:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vopak stock carries a 91 percent first-half occupancy rate reported for June 30, 2026. EBITDA rose 5 percent year over year, while Q3 results are set for November 4, 2026.

Industrielles Tanklager-Terminal am Hafen mit Tankschiff und Speichertanks — Koninklijke Vopak N.V. (ISIN NL0009432491) betreibt Tanklager-Terminals mit Tankschiffen an Hafenpiers weltweit, Illustration mit AI erstellt.

Vopak stock (ISIN NL0009432491) was trading at EUR 47.82 at Lang & Schwarz on September 30, 2026, at 10:14 a.m. CEST, up 0.23 percent from the prior close of EUR 47.71. The company entered the second half of 2026 with 91 percent occupancy and a higher earnings outlook.

Outlook reaches EUR 1.22 billion

According to Yahoo Finance on July 30, 2026, Vopak raised its full-year 2026 outlook to proportional EBITDA of EUR 1.18 billion to EUR 1.22 billion and proportional operating free cash flow of EUR 820 million. The EBITDA range is the key valuation reference after the first half, because it combines existing terminal performance with contributions from growth projects.

The same call showed proportional EBITDA of EUR 600 million for the first half of 2026, up 5 percent from the first half of 2025. Operating cash return increased to 15.3 percent from 15.2 percent, while EBITDA-to-cash conversion reached 74 percent.

Growth projects add measurable capacity

Vopak linked the outlook increase to its growth portfolio. The company committed EUR 371 million to Green Energy Storage and two Dutch utility-scale battery projects with combined capacity of 350 MW, according to Yahoo Finance.

The first-half operating picture was not uniform. Vopak said the Middle East conflict reduced second-quarter results by a maximum of EUR 5 million, while the company also expects the Gate Terminal Tank 4 project to add growth in the fourth quarter. That mix leaves project execution and activity levels in affected regions as the main variables for the revised range.

Buyback and next reporting date

Vopak reported weekly share purchases totaling 47,893 shares at an average price of EUR 47.98 for the period through September 4, 2026, in a release published by MarketScreener on September 7, 2026. The program targets EUR 100 million through February 2027, and total purchases since launch stood at 1,266,924 shares at an average price of EUR 46.06.

Vopak's investor page identifies November 4, 2026, as the date for its third-quarter interim update and records the EUR 0.72 interim dividend announced with the half-year results. The shares are listed as VPK.AS on Euronext Amsterdam, according to Global Banking and Finance.

Vopak stock remains below its yearly high

At Lang & Schwarz, Vopak stock was trading at EUR 47.82 on September 30, 2026, at 10:14 a.m. CEST, up 0.23 percent versus the prior close of EUR 47.71. The EUR 36.58 to EUR 49.50 52-week range places the price EUR 1.68 below the yearly high, while market capitalization stood at EUR 5.5 billion as of September 30, 2026.