OceanPal Inc. (OP)

NASDAQ: OP · IEX Real-Time Price · USD
0.370
-0.001 (-0.30%)
At close: Mar 24, 2023, 4:00 PM
0.375
+0.005 (1.35%)
After-hours: Mar 24, 2023, 7:58 PM EDT
-0.3%
Market Cap 8.97M
Revenue (ttm) 3.51M
Net Income (ttm) -645,460
Shares Out 24.23M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE n/a
Dividend $0.70 (189.19%)
Ex-Dividend Date Aug 11, 2022
Volume 127,705
Open 0.371
Previous Close 0.371
Day's Range 0.370 - 0.380
52-Week Range 0.352 - 83.000
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Mar 28, 2023

About OP

OceanPal Inc. focuses on the provision of ocean-going transportation services. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers. As of November 29, 2021, its fleet consisted of 3 dry bulk vessels, which include 2 Panamax and 1 Capesize vessels. The company is based in Athens, Greece. [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2021
Country Greece
Stock Exchange NASDAQ
Ticker Symbol OP
Full Company Profile

Financial Performance

Financial Statements

News

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...

1 month ago - GlobeNewsWire

OceanPal Inc. Announces Delivery of the Panamax Dry Bulk Vessel m/v Melia

ATHENS, Greece, Feb. 09, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separa...

1 month ago - GlobeNewsWire

OceanPal Inc. Announces Pricing of Approximately US$15.2 Million Public Offering

ATHENS, Greece, Feb. 08, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today the pricing of a publi...

1 month ago - GlobeNewsWire

OceanPal Inc. Announces Time Charter Contract for m/v Baltimore With Koch

ATHENS, Greece, Feb. 06, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separa...

1 month ago - GlobeNewsWire

OceanPal Inc. Announces Appointment of Chief Executive Officer

ATHENS, Greece, Feb. 02, 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 ...

1 month ago - GlobeNewsWire

OceanPal Inc. Announces Entry Into Agreement to Acquire a Panamax Dry Bulk Vessel

ATHENS, Greece, Feb. 01, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, th...

1 month ago - GlobeNewsWire

OceanPal Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement

ATHENS, Greece, Jan. 11, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced that on January 9, 2023, the...

2 months ago - GlobeNewsWire

Did OceanPal (OP) Stock Really Gain 600% Today?

OceanPal (NASDAQ: OP) stock is trending on social media today and appears to be up 600% in premarket trading, However, the shares are only soaring because the stock's 1-for-10 reverse stock split bec...

3 months ago - InvestorPlace

OceanPal Inc. Announces Revised Effective Date of Reverse Stock Split

ATHENS, Greece, Dec. 21, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today that the Company is am...

3 months ago - GlobeNewsWire

Oceanpal Inc. Announces Reverse Stock Split to Be Effective December 21, 2022

ATHENS, Greece, Dec. 20, 2022 (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...

3 months ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2022

ATHENS, Greece, Nov. 29, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $1.1 mill...

4 months ago - GlobeNewsWire

OceanPal Inc. Announces Delivery of the Capesize Dry Bulk Vessel m/v Baltimore and Time Charter Contract With Hyundai Glovis

ATHENS, Greece, Sept. 21, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separ...

6 months ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022; Declares a Cash Dividend of $0.01 Per Share

ATHENS, Greece, Aug. 02, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $648 thou...

8 months ago - GlobeNewsWire

OceanPal Inc. Announces Time Charter Contract for m/v Calipso

ATHENS, Greece, July 05, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has entered in...

9 months ago - GlobeNewsWire

OceanPal Inc. Announces Entry Into Agreement to Acquire Capesize Dry Bulk Vessel

ATHENS, Greece, June 15, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, th...

10 months ago - GlobeNewsWire

OceanPal Inc. Announces Time Charter Contract for m/v Salt Lake City With Koch

ATHENS, Greece, June 06, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, it has entered i...

10 months ago - GlobeNewsWire

5 Stocks To Watch For June 6, 2022

Some of the stocks that may grab investor focus today are: Wall Street expects Science Applications International Corporation (NYSE: SAIC) to report quarterly earnings at $1.77 per share on revenue of...

Other symbols: COUPHQYNSPRSAIC
10 months ago - Benzinga

OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2022; Declares a Cash Dividend of 1 Cent Per Share

ATHENS, Greece, June 03, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $414 thou...

10 months ago - GlobeNewsWire

OceanPal Inc. Announces Results of 2022 Annual Meeting of Shareholders

ATHENS, Greece, April 07, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company's An...

1 year ago - GlobeNewsWire

OceanPal Inc. Announces the Filing of Its Annual Report on Form 20-F

ATHENS, Greece, April 07, 2022 (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...

1 year ago - GlobeNewsWire

OceanPal Inc. Announces Adjournment of Annual Meeting of Shareholders

ATHENS, Greece, April 01, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Annual Meeti...

1 year ago - GlobeNewsWire

OceanPal Inc. Reports Financial Results for the Period From Commencement of Operations (November 30, 2021) to December 31, 2021 and for Period From Inception Date (April 15, 2021) to December 31, 2021; Declares Cash Dividend of 5 Cents per Common Share fo

ATHENS, Greece, March 22, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP), (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $134 th...

1 year ago - GlobeNewsWire

OceanPal Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, March 11, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received ...

1 year ago - GlobeNewsWire

6 Penny Stocks Making Major Moves Today: OP, NINE, ENSV, POLA, SUNW & MULN

Penny stocks are seeing incredible movement on Tuesday as retail traders ride along with a wave of rallies in the oil and mining sectors. The post 6 Penny Stocks Making Major Moves Today: OP, NINE, EN...

Other symbols: ENSVMULNNINEPOLASUNW
1 year ago - InvestorPlace

OceanPal Inc. Announces Date for Its 2022 Annual Meeting of Shareholders

ATHENS, Greece, March 01, 2022 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, will hold its first annual meeting of...

1 year ago - GlobeNewsWire