OceanPal Inc. (OP)
Market Cap | 10.66M |
Revenue (ttm) | 22.10M |
Net Income (ttm) | -17.05M |
Shares Out | 7.50M |
EPS (ttm) | -2.68 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 10,298 |
Open | 1.420 |
Previous Close | 1.430 |
Day's Range | 1.420 - 1.460 |
52-Week Range | 1.400 - 3.145 |
Beta | 0.51 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Dec 4, 2024 |
About OP
OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece. [Read more]
Financial Performance
In 2023, OceanPal's revenue was $18.96 million, a decrease of -0.67% compared to the previous year's $19.09 million. Losses were -$6.71 million, 150.8% more than in 2022.
Financial StatementsNews
Oceanpal Inc. Announces Delivery of the MR2 Tanker Vessel Zeze Start
ATHENS, Greece, Sept. 09, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (“OceanPal” or the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it ...
OceanPal Inc. Reports Financial Results For The Second Quarter And Six Months Ended June 30, 2024
ATHENS, Greece, Aug. 07, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues o...
OceanPal Inc. Announces Agreement to Acquire an MR2 Tanker Vessel
ATHENS, Greece, July 16, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (“OceanPal” or the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it h...
OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2024
ATHENS, Greece, June 06, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues o...
OceanPal Inc. Announces Results of 2024 Annual Meeting of Shareholders
ATHENS, Greece, May 17, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annu...
OceanPal Inc. Announces Entry Into Support Agreement With Sphinx Investment Corp.; Sphinx Terminates its Proxy Contest and Enters Into Voting Commitment; Mr. Economou Expected to be Made Available to Provide Strategic Advice
ATHENS, Greece, May 17, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (“OceanPal” or the “Company”) (NASDAQ: OP) announced today that it has entered into a Support Agreement (the “Agreement”) with Sphinx Inv...
Oceanpal Inc. Announces Time Charter Contract for M/V Baltimore With Richland Bulk and the Sale of M/V Baltimore
ATHENS, Greece, April 30, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separ...
OceanPal Inc. Announces the Filing of Its Annual Report on Form 20-F
ATHENS, Greece, April 16, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its...
OceanPal Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023
ATHENS, Greece, April 11, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues ...
Top 2 Industrials Stocks That May Explode This Quarter - OceanPal (NASDAQ:OP), Avis Budget Gr (NASDAQ:CAR)
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
OceanPal inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023
ATHENS, Greece, Dec. 06, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported a net loss of $3.4 mill...
OceanPal Inc. Announces Time Charter Contract for m/v Salt Lake City With Five Ocean Corporation
ATHENS, Greece, Sept. 22, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separ...
OceanPal Inc. Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings
ATHENS, Greece, Aug. 29, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced that the Company today agree...
OceanPal Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023
ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $1.26 mil...
OceanPal Inc. Regains Compliance With NASDAQ Minimum Bid Price Requirement
ATHENS, Greece, June 27, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced that on June 23, 2023, the C...
Top 5 Industrials Stocks Which Could Blast Off This Quarter
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2023
ATHENS, Greece, June 13, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $88 thous...
OceanPal Inc. Announces Reverse Stock Split to be Effective June 8, 2023
ATHENS, Greece, June 07, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today that its board of dire...
OceanPal Inc. Announces Results of 2023 Annual Meeting of Shareholders
ATHENS, Greece, May 04, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company's Annu...
OceanPal Inc. Announces Appointments of Executive Officers and Time Charter Contract for m/v Salt Lake City
ATHENS, Greece, April 25, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has appointed...
OceanPal Inc. Announces Time Charter Contract for M/V Melia With Louis Dreyfus
ATHENS, Greece, April 12, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separ...
OceanPal Inc. Announces Receipt of Nasdaq Notice
ATHENS, Greece, March 30, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received ...
OceanPal Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2022
ATHENS, Greece, March 30, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported a net loss of $2.5 mil...
OceanPal Inc. Announces Date for Its 2023 Annual Meeting of Shareholders
ATHENS, Greece, March 28, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, will hold its annual meeting of share...
OceanPal Inc. Announces Closing of Approximately US$15.2 Million Public Offering
ATHENS, Greece, Feb. 10, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today the closing of its pub...