Overseas Shipholding Group

Overseas Shipholding Group, Inc. engages in the provision of energy transportation services for crude oil and petroleum products in the U.S. Flag trade. It operates Articulated Tug Barges (ATB), lightering ATBs, shuttle tankers, Medium Range (MR) tankers, and non-Jones Act MR tankers that participate in the maritime security program. The company was founded in 1948 and is headquartered in Tampa, FL.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Overseas Shipholding Group exceeds Q4 expectations, eyes growth opportunities

OSG's Q4 2022 earnings call showcased exceptional performance, with strong financial results and positive outlook for 2023. The company's focus on capital allocation, fleet expansion, and renewable diesel transportation highlights its strategic positioning in the market. Despite challenges in market uncertainty, OSG remains optimistic about its future prospects.

Overseas Shipholding Group reports robust Q1 performance and growth outlook

OSG demonstrated financial strength and stability in Q1 2023, with strong EBITDA performance and increased cash balances.
The company's strategic initiatives, including vessel agreements and military contract bids, enhance revenue streams and market positioning.
Balancing growth, sustainability, and operational excellence will be key focus areas for OSG in navigating industry challenges and seizing opportunities.

Overseas Shipholding Group exceeds Q2 expectations, eyes sustainable growth

OSG's strong performance in Q2 reflects operational resilience and strategic contract wins.
Balancing current market challenges with future opportunities in sustainable shipping.
Focused on growth through fleet expansion, carbon footprint reduction, and green initiatives.
Positive outlook for 2024 with anticipated earnings growth and market adaptability.

Overseas Shipholding Group reports strong Q3 performance and explores growth

OSG's Q3 2023 performance reflects strong financial growth, proactive debt management, and strategic investments in fleet expansion and sustainable industries.
Despite challenges in acquisitions and operational integration, OSG's focus on innovation, cost efficiency, and shareholder value creation positions the company for long-term success.
By capitalizing on opportunities in new technologies and sustainable practices, OSG aims to drive growth, enhance operational efficiency, and deliver value to shareholders in a competitive market.

Overseas Shipholding Group surpasses earnings target, eyes growth opportunities

OSG delivered strong financial results in 2023, with a focus on operational efficiency, debt reduction, and shareholder value. The company's strategic investments, contract extensions, and market positioning bode well for future growth and profitability, despite uncertainties in cargo demand and geopolitical landscape.

OSG reports robust Q1 earnings, shifts focus to traditional refining

OSG's Q1 2024 performance showed strong growth in earnings per share and financial metrics, reflecting a resilient business model.
The company's strengths lie in increased demand for its vessels, growth in renewable diesel transportation, and sustainability efforts.
Challenges include transitioning away from renewable diesel production and managing operational inefficiencies during fleet repositioning.
Opportunities exist in carbon capture projects, high demand for tankers, and strategic fleet adjustments in response to market dynamics.

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Overseas Shipholding Group, Inc. is a leading provider of energy transportation services. We deliver crude oil and petroleum products throughout the world. We own and operate a combined fleet of 24 vessels registered in the United States. Our well maintained fleet and commitment to high quality, incident-free service positions us as a preferred cargo carrier of major oil and gas companies, refiners and traders throughout the world.

MILWAUKEE , May 29, 2024 /PRNewswire/ -- Ademi LLP is investigating OSG (NYSE: OSG) for possible breaches of fiduciary duty and other violations of law in its transaction with Saltchuk. Click here to learn how to join the https://www.ademilaw.com/case/overseas-shipholding-group-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Overseas Shipholding Group, Inc. has obtained a Fair Price for its Public Shareholders

LOS ANGELES , May 24, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Overseas Shipholding Group, Inc. ("OSG" or "the Company") (NYSE: OSG) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the OSG board breached its fiduciary duties to shareholders.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Overseas Shipholding Group, Inc. and Encourages Investors to Contact the Firm

NEW YORK , May 20, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Overseas Shipholding Group, Inc. (NYSE: OSG), relating to its proposed merger with Saltchuk Resources, Inc. Under the terms of the agreement, Saltchuk will commence a tender offer to acquire all outstanding shares of OSG it does not already own for $8.50 per share in cash.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Overseas Shipholding Group, Inc. - OSG

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Overseas Shipholding Group, Inc. (NYSE: OSG) to Saltchuk Resources, Inc. for $8.50 per share in cash is fair to Overseas shareholders. Halper Sadeh encourages Overseas shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns wh.

OSG STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Overseas Shipholding Group, Inc. Is Fair to Shareholders

TAMPA, Fla. & SEATTLE--(BUSINESS WIRE)--Overseas Shipholding Group Enters Into a Definitive Agreement to Be Acquired by Saltchuk Resources, Inc.

Overseas Shipholding Group Enters Into a Definitive Agreement to Be Acquired by Saltchuk Resources, Inc.

Overseas Shipholding Group, Inc. (NYSE:OSG ) Q1 2024 Earnings Conference Call May 10, 2024 9:30 AM ET Company Participants Sam Norton - President and Chief Executive Officer Dick Trueblood - Chief Financial Officer Conference Call Participants Ryan Vaughan - Needham Climent Molins - Value Investor's Edge Operator Good day, and welcome to the Overseas Shipholding Group, First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.

Overseas Shipholding Group, Inc. (OSG) Q1 2024 Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--OVERSEAS SHIPHOLDING GROUP REPORTS FIRST QUARTER 2024 RESULTS.

Overseas Shipholding Group Reports First Quarter 2024 Results

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group to Announce First Quarter 2024 Results on May 10, 2024.

Overseas Shipholding Group to Announce First Quarter 2024 Results on May 10, 2024

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Awarded Federal Grant to Design Marine Transport For Liquified CO2 Captured by Florida's Largest Emitters.

Overseas Shipholding Group Awarded Federal Grant to Design Marine Transport For Liquified CO2 Captured by Florida's Largest Emitters

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Awards $30,500 in Scholarships with Women Offshore.

Overseas Shipholding Group Awards $30,500 in Scholarships with Women Offshore

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Declares Dividend.

Overseas Shipholding Group Declares Dividend

Overseas Shipholding Group, Inc. (NYSE:OSG ) Q4 2023 Earnings Conference Call March 11, 2024 9:30 AM ET Company Participants Sam Norton - President & Chief Executive Officer Dick Trueblood - Chief Financial Officer Conference Call Participants Ryan Vaughan - Needham Operator Good morning, everyone, and welcome to the Q4 2023 Overseas Shipholding Group, Inc. Earnings Conference Call. All participants will be in a listen-only mode.

Overseas Shipholding Group, Inc. (OSG) Q4 2023 Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results.

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group to Announce Fourth Quarter and Full Year 2023 Results on March 11, 2024.

Overseas Shipholding Group to Announce Fourth Quarter and Full Year 2023 Results on March 11, 2024

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TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Confirms Receipt of Unsolicited Indication of Interest.

Overseas Shipholding Group Confirms Receipt of Unsolicited Indication of Interest

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Pledges $90,000 to Massachusetts Maritime Academy Foundation.

Overseas Shipholding Group Pledges $90,000 to Massachusetts Maritime Academy Foundation

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TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Awarded Federal Grant to Develop Captured Carbon Terminal at Port Tampa Bay.

Overseas Shipholding Group Awarded Federal Grant to Develop Captured Carbon Terminal at Port Tampa Bay

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Installs Starlink Satellite Internet Service on Entire Fleet.

Overseas Shipholding Group Installs Starlink Satellite Internet Service on Entire Fleet

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. to Upgrade Engines on Alaskan Class Vessels.

Overseas Shipholding Group, Inc. to Upgrade Engines on Alaskan Class Vessels

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Declares Dividend and Increases Share Repurchase Program.

Overseas Shipholding Group Declares Dividend and Increases Share Repurchase Program

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News for Overseas Shipholding Group Stock (OSG)