Streetbeat News

GOGL

Golden Ocean Group Limited

https://www.goldenocean.bm

Industry

Marine Shipping

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Open

9.20

Mkt cap

1.8B

Volume

1.2M

High

9.21

P/E Ratio

7.53

52-wk high

15.77

Low

9.02

Div yield

0.13

52-wk low

8.95

Golden Ocean Group reported strong Q3 results despite challenges in the freight market. The stock price drop may present a buying opportunity, although uncertainties like U.S. tariffs and Suez Canal usage could impact trading patterns.

Portfolio Pulse from

November 29, 2024 | 1:45 pm

Golden Ocean Group Limited (GOGL) held its Q3 2024 earnings conference call on November 27, 2024. The call provided insights into the company's financial performance and future outlook.

Portfolio Pulse from

November 27, 2024 | 3:30 pm

Golden Ocean Group (GOGL) reported Q3 earnings of $0.33 per share, surpassing the Zacks Consensus Estimate of $0.29. This marks a significant increase from $0.08 per share a year ago.

Portfolio Pulse from

November 27, 2024 | 1:15 pm

Golden Ocean Group Limited (GOGL) has released its third quarter 2024 results, which will be discussed in a webcast/conference call.

Portfolio Pulse from

November 27, 2024 | 1:00 pm

Golden Ocean Group Limited (NASDAQ: GOGL) announced its unaudited results for the third quarter of 2024, highlighting its position as the world's largest listed owner of large size dry bulk vessels.

Portfolio Pulse from

November 27, 2024 | 7:15 am

Golden Ocean Group Limited (GOGL) will release its Q3 2024 financial results on November 27, 2024.

Portfolio Pulse from

November 18, 2024 | 9:15 pm

Golden Ocean Group has extended its share buy-back program for another 12 months, allowing for the repurchase of up to 10 million shares, with a maximum budget of USD 100 million. As of now, 1,507,328 shares have been repurchased for USD 11,629,758. The buy-backs will occur on both the Oslo Stock Exchange and Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 8:34 pm

The article highlights three industrial stocks with low RSI values, indicating they are oversold and may present buying opportunities. Core & Main Inc reported disappointing Q2 results, Avis Budget Group announced a $700 million senior notes pricing, and Golden Ocean Group posted strong earnings despite market volatility.

Portfolio Pulse from Avi Kapoor

September 11, 2024 | 11:33 am

Jefferies analyst Omar Nokta maintains a Hold rating on Golden Ocean Group (NASDAQ:GOGL) and lowers the price target from $15.5 to $14.5.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:20 pm

Golden Ocean Group reported Q2 2024 earnings of $0.31 per share, surpassing the $0.29 estimate, and sales of $250.091M, exceeding the $194.290M estimate. This marks significant growth compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 6:24 am

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