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

9.78

Mkt cap

Volume

5.2M

High

10.07

P/E Ratio

8.17

52-wk high

15.77

Low

9.75

Div yield

0.12

52-wk low

8.52

Golden Ocean Group Limited (GOGL) has released its fourth quarter 2024 results, which will be discussed in a webcast/conference call today at 15:00 CET.

Portfolio Pulse from

February 26, 2025 | 1:00 pm

Golden Ocean Group Limited (GOGL) will release its Q4 2024 financial results on February 26, 2025.

Portfolio Pulse from

February 19, 2025 | 3:30 pm

Golden Ocean Group Limited (GOGL) has appointed Ms. Tonesan Amissah as a new Director, indicating a change in the board composition.

Portfolio Pulse from

February 14, 2025 | 9:45 pm

Golden Ocean Group Limited (GOGL) has declared purchase options for eight Capesize vessels for $112 million, financed by a $90 million credit facility and cash. The acquisition is expected to complete in Q3 2025.

Portfolio Pulse from

February 12, 2025 | 11:15 am

Golden Ocean, a leading dry bulk operator, owns 91 vessels with a capacity of 13.8 million deadweight tons, making it one of the largest fleets in the industry. With an average fleet age of 7.7 years, it maintains low general and administrative expenses, enhancing its competitive position.

Portfolio Pulse from

January 22, 2025 | 5:15 am

Golden Ocean Group Limited (GOGL) has announced a renewal of its share buy-back program, allowing for the repurchase of up to 10 million shares or a maximum of USD 100 million over the next 12 months.

Portfolio Pulse from

December 30, 2024 | 9:45 pm

Golden Ocean Group Limited (GOGL) has announced the renewal of its share buy-back program, allowing for the repurchase of up to 10,000,000 common shares or a maximum of USD 100 million over the next 12 months.

Portfolio Pulse from

December 18, 2024 | 7:15 am

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

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