Golden Ocean Group

Golden Ocean Group Ltd. engages in the ownership and operation of dry bulk vessels. It manages Newcastlemax, Capesize, Panamax, and Ultramax vessels and transports bulk commodities, including ores, coal, grains, and fertilizers. It is also involved in the charter, purchase, and sale of vessels. The company was founded on September 18, 1996 and is headquartered in Hamilton, Bermuda.

Earnings data Q4 2020

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Golden Ocean Group excels in Q1 2024, eyes growth opportunities

Golden Ocean Group delivered a strong performance in Q1 2024, supported by robust financials and operational efficiency.
While facing challenges related to debt and market uncertainties, the company is well-positioned to leverage opportunities for growth.
By focusing on fleet optimization, shareholder value creation, and strategic initiatives, Golden Ocean Group aims to navigate industry dynamics effectively.

Golden Ocean Group posts strong Q2 results, optimistic market outlook

Golden Ocean Group delivered a robust performance in Q2 2024, driven by strong financial results and positive market trends. While facing challenges in managing expenses and debt, the company remains focused on rewarding shareholders and capitalizing on market opportunities. Optimism surrounds the outlook for the company, supported by positive industry dynamics.

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GOGL is the only public pure-play capesize provider on the market - in theory, this shipping niche should suffer less than others from the imminent influx of new supply. For the 11th consecutive quarter, GOGL announced a cash dividend of $0.30 per share for Q4 2023 - that was 50% more than last year for the same period. The company has succeeded in significantly reducing its debt - the process of debt reduction has been in full swing recently and has not stopped at the deterioration in profitability.

Golden Ocean Group Stock: What A Strength - More To Come

In the most recent trading session, Golden Ocean Group (GOGL) closed at $13.82, indicating a +1.69% shift from the previous trading day.

Golden Ocean Group (GOGL) Increases Despite Market Slip: Here's What You Need to Know

Here is how Golden Ocean Group (GOGL) and Teekay Tankers (TNK) have performed compared to their sector so far this year.

Is Golden Ocean Group (GOGL) Stock Outpacing Its Transportation Peers This Year?

In the latest trading session, Golden Ocean Group (GOGL) closed at $13.03, marking a +0.15% move from the previous day.

Golden Ocean Group (GOGL) Ascends While Market Falls: Some Facts to Note

Golden Ocean Group (GOGL) closed at $12.72 in the latest trading session, marking a -0.47% move from the prior day.

Golden Ocean Group (GOGL) Stock Drops Despite Market Gains: Important Facts to Note

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Golden Ocean Group Limited (the “Company”) announces that its 2024 Annual General Meeting will be held on April 29, 2024. A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements on Form 20-F for 2023 can be found on our website at www.goldenocean.bm and in the links below.

GOGL – Notice of 2024 Annual General Meeting

Here is how Golden Ocean Group (GOGL) and Ryanair (RYAAY) have performed compared to their sector so far this year.

Are Transportation Stocks Lagging Golden Ocean Group (GOGL) This Year?

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Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) advises that the 2024 Annual General Meeting of the Company will be held on April 29, 2024. The record date for voting at the Annual General Meeting is set to April 2, 2024.

GOGL – Notice of Annual General Meeting 2024

Golden Ocean Group owns 52 Capesize (19 Newcastlemax and 33 regular Capes) vessels with an average age of 8Y and 31 Panamax with an average age of 6Y. GOGL has $116 million in cash, $1,260 million in long-term debt, and $1,460 million in total debt. The capital structure is 76.5% total debt/equity and 44.9% total liabilities/total assets. The company announced a $0.30/share cash dividend for 4Q23. The TTM dividend yield is 4.68%. With rising TCE rates, I expect dividends to grow higher.

Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company's website, www.goldenocean.bm, or in the link below. The Annual Report is also available on the website of the Commission, www.sec.gov.

GOGL - Filing of 2023 Annual Report on Form 20-F

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Golden Ocean Group Limited (GOGL) Q4 2023 Earnings Call Transcript

Please find enclosed the presentation of Golden Ocean Group Limited's fourth quarter 2023 results for today's webcast / conference call at 15:00 CET.

GOGL – Q4 2023 Presentation

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the three and twelve months ended December 31, 2023.

GOGL – Fourth Quarter 2023 Results

Golden Ocean Group Limited (the “Company) will publish its financial results for the fourth quarter of 2023 on Wednesday February 28, 2024.

GOGL – Invitation to presentation of Q4 2023 Results

Golden Ocean Group (GOGL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Golden Ocean Group (GOGL) to Report a Decline in Earnings: What to Look Out for

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Golden Ocean Group Ltd (“GOGL” or “the Company”) announces the appointment of Mr. Cato Stonex as Director.

GOGL – Changes to the Board composition

Shipping stocks were on the rise Tuesday despite Monday's ballistic missile attack on a U.S. -owned vessel in the Gulf of Aden.

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The Board of Golden Ocean Group Limited ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Lars-Christian Svensen as the Chief Executive Officer ("CEO") of Golden Ocean Management AS with effect from January 1, 2024.

GOGL - Appointment of CEO

From a technical perspective, Golden Ocean Group Limited (GOGL) is looking like an interesting pick, as it just reached a key level of support. GOGL's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

News for Golden Ocean Group Stock (GOGL)