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

12.09

Mkt cap

2.4B

Volume

480K

High

12.18

P/E Ratio

11.33

52-wk high

15.77

Low

12.03

Div yield

0.08

52-wk low

7.79

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

Wall Street's most accurate analysts have provided their ratings on three high-yielding industrial stocks: Deluxe Corporation (DLX), Copa Holdings (CPA), and Golden Ocean Group (GOGL). These stocks offer dividend yields over 4%, making them attractive during market turbulence. Analysts have given mixed ratings, with some raising price targets and others downgrading their recommendations.

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 12:46 pm

Golden Ocean announced that CEO Lars-Christian Svensen has decided to step down. CFO Peder Simonsen has been appointed as interim CEO and CFO.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:09 am

Shares of XP Inc. (NASDAQ:XP) fell sharply by around 12% after reporting worse-than-expected first-quarter EPS results. XP posted earnings of 37 cents per share, missing estimates of 40 cents per share, but reported higher-than-expected sales of $818.79 million. Other stocks moving significantly include Akoustis Technologies, Inc. (NASDAQ:AKTS), Barnes & Noble Education, Inc. (NYSE:BNED), and Petco Health and Wellness Company, Inc. (NASDAQ:WOOF).

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 5:28 pm

Wall Street experienced a cautious session ahead of the Federal Reserve meeting minutes and Nvidia's earnings announcement. The Nasdaq 100 slightly outperformed, while small caps and major indices saw declines. Solar and clean energy stocks surged due to trade tariff modifications, with First Solar hitting record highs. Metals fell, natural gas rallied, and oil prices eased. Key stock movers included Tesla, TJX Companies, and several others reacting to earnings reports.

Portfolio Pulse from Piero Cingari

May 22, 2024 | 5:02 pm

The article highlights the intraday movements of various industrial stocks on Wednesday. Notable gainers include Greenwave Tech Solns (GWAV), FREYR Battery (FREY), SunPower (SPWR), FuelCell Energy (FCEL), Bloom Energy (BE), and Nxu (NXU). On the losing side, Applied UV (AUVIP), Agrify (AGFY), Ault Alliance (AULT), Complete Solaria (CSLR), Recruiter.Com Group (RCRT), and Golden Ocean Group (GOGL) saw declines.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:31 pm

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