Golden Ocean Group Limited (GOGL)
Market Cap | 2.48B |
Revenue (ttm) | 972.69M |
Net Income (ttm) | 214.08M |
Shares Out | 200.03M |
EPS (ttm) | 1.07 |
PE Ratio | 11.41 |
Forward PE | 9.29 |
Dividend | $1.20 (9.69%) |
Ex-Dividend Date | Sep 11, 2024 |
Volume | 562,504 |
Open | 12.32 |
Previous Close | 12.22 |
Day's Range | 12.29 - 12.43 |
52-Week Range | 7.09 - 15.77 |
Beta | 1.20 |
Analysts | Hold |
Price Target | 14.50 (+17.03%) |
Earnings Date | Nov 19, 2024 |
About GOGL
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company’s dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda. [Read more]
Financial Performance
In 2023, Golden Ocean Group's revenue was $885.77 million, a decrease of -20.42% compared to the previous year's $1.11 billion. Earnings were $112.27 million, a decrease of -75.69%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for GOGL stock is "Hold." The 12-month stock price forecast is $14.5, which is an increase of 17.03% from the latest price.
News
Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business
GOGL has improved returns since 2014 by focusing on efficiency, cost-effectiveness, and flexibility in fleet management and market positioning. Despite a volatile bottom line due to fluctuating charte...
GOGL – Renewal of share buy-back program
Reference is made to the announcement by the Board of Directors in Golden Ocean Group Limited (OSE/NASDAQ: GOGL) dated 4 October 2022 and 3 October 2023 regarding the establishment and renewal of a sh...
GOGL - Company Presentation September 2024
Interim CEO and CFO Peder Simonsen will be presenting Golden Ocean Group Limited at Pareto Securities' 31st Energy Conference today, September 12, 2024.
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Golden Ocean Group Limited (GOGL) Q2 2024 Earnings Call Transcript
Golden Ocean Group Limited (NASDAQ:GOGL) Q2 2024 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Peder Simonsen - Interim CEO & CFO Conference Call Participants Omar Nokta - ...
GOGL – Q2 2024 Presentation
Please find enclosed the presentation of Golden Ocean Group Limited's second quarter 2024 results for today's webcast / conference call at 15:00 CEST.
GOGL – Second Quarter 2024 Results
Hamilton, Bermuda, August 28, 2024 - 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 i...
GOGL – Invitation to presentation of Q2 2024 Results
Golden Ocean Group Limited (the “Company”) will publish its financial results for the second quarter of 2024 on Wednesday August 28, 2024. In connection with the release, a conference call and webcast...
GOGL – 2023 Environmental, Social and Governance (ESG) Report
Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its sixth annual ESG Report. The 2023 report is prepared in accordance with the Marine Transportation framework established by the Sustainability...
Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Golden Ocean Group Has Potential For Long-Term Growth
Golden Ocean Group investors benefit from the firm's young fleet of large ships traversing rough seas delivering essential cargo. The share price is up 33% YTD, but watch for dips. Dry bulk carriers f...
GOGL - Transition of Chief Executive Officer
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean") today announced that Lars-Christian Svensen, Chief Executive Officer of Golden Ocean Management AS, has decided to step...
Golden Ocean Group Limited (GOGL) Q1 2024 Earnings Call Transcript
Golden Ocean Group Limited (NASDAQ:GOGL) Q1 2024 Earnings Conference Call May 22, 2024 9:00 AM ET Company Participants Lars-Christian Svensen - CEO Peder Simonsen - CFO Conference Call Participants S...
GOGL – Q1 2024 Presentation
Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2024 results for today's webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to th...
GOGL – First Quarter 2024 Results
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 quarter ...
Golden Ocean (GOGL) stock is thriving but May 22 will be key
Golden Ocean Group (NASDAQ: GOGL) stock price has done well this year, helped by its strong market share gains. It has soared by over 50% while the Nasdaq 100 and S&P 500 indices have risen by less th...
GOGL – Invitation to presentation of Q1 2024 Results
Golden Ocean Group Limited (the “Company) will publish its financial results for the first quarter of 2024 on Wednesday May 22, 2024. In connection with the release, a conference call and webcast will...
GOGL – 2024 AGM Results Notification
Golden Ocean Group Limited (the “Company”) advises that the 2024 Annual General Meeting of the Shareholders of the Company was held on April 29, 2024, at 16:30 hrs, at Hamilton Princess and Beach Club...
Golden Ocean Group Stock: What A Strength - More To Come
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 quart...
GOGL – Notice of 2024 Annual General Meeting
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 incl...
GOGL – Notice of Annual General Meeting 2024
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 G...
Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields
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 ...
GOGL - Filing of 2023 Annual Report on Form 20-F
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. ...
Golden Ocean Group Limited (GOGL) Q4 2023 Earnings Call Transcript
Golden Ocean Group Limited (GOGL) Q4 2023 Earnings Call Transcript
GOGL – Q4 2023 Presentation
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.