OceanPal Inc. (SVRN)

NASDAQ: SVRN · Real-Time Price · USD
11.83
-0.88 (-6.89%)
Jun 4, 2026, 12:57 PM EDT - Market open
Market Cap22.18M +271.8%
Revenue (ttm)13.40M -47.9%
Net Income-70.00M
EPS-181.79
Shares Out 1.88M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume20,309
Open12.00
Previous Close12.70
Day's Range11.13 - 12.00
52-Week Range3.12 - 1,585.00
Beta1.44
Analystsn/a
Price Targetn/a
Earnings DateJun 16, 2026

About SVRN

OceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company’s fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.

Founded 2021
Country Greece
Stock Exchange NASDAQ
Ticker Symbol SVRN
Full Company Profile

Financial Performance

In 2025, OceanPal's revenue was $13.40 million, a decrease of -47.86% compared to the previous year's $25.70 million. Losses were -$70.00 million, 254.8% more than in 2024.

Financial Statements

News

OceanPal Inc. Receives Nasdaq Notification Regarding Late Filing of Form 20-F

ATHENS, Greece, May 22, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) (the "Company" or "OceanPal") today announced that on May 19, 2026 it received a delinquency notification letter (the "Notific...

12 days ago - PRNewsWire

OceanPal Inc trading halted, volatility trading pause

09:39 EDT OceanPal (SVRN) Inc trading halted, volatility trading pause

13 days ago - TheFly

OceanPal Inc trading resumes

09:44 EDT OceanPal (SVRN) Inc trading resumes

13 days ago - TheFly

OceanPal Inc trading resumes

11:10 EDT OceanPal (SVRN) Inc trading resumes

14 days ago - TheFly

OceanPal Inc trading halted, volatility trading pause

11:05 EDT OceanPal (SVRN) Inc trading halted, volatility trading pause

14 days ago - TheFly

OceanPal Inc trading resumes

12:07 EDT OceanPal (SVRN) Inc trading resumes

15 days ago - TheFly

OceanPal Inc trading halted, volatility trading pause

12:02 EDT OceanPal (SVRN) Inc trading halted, volatility trading pause

15 days ago - TheFly

OceanPal Inc trading resumes

12:57 EDT OceanPal (SVRN) Inc trading resumes

16 days ago - TheFly

OceanPal Inc trading halted, volatility trading pause

12:52 EDT OceanPal (SVRN) Inc trading halted, volatility trading pause

16 days ago - TheFly

OceanPal Inc. Announces 2026 Annual General Meeting of Shareholders to be Held on June 16, 2026

ATHENS, Greece and NEW YORK, May 13, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) today announced that its 2026 Annual General Meeting of Shareholders (the "Annual Meeting") will be held on Tuesd...

21 days ago - PRNewsWire

OceanPal regains Nasdaq compliance

OceanPal (SVRN) announced that the Nasdaq Listing Qualifications staff have confirmed that OceanPal has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550...

6 weeks ago - TheFly

OceanPal Inc. Regains Nasdaq Compliance

Nasdaq Affirms OceanPal as a Qualified Listed Company; Company to Continue Advancing NEAR Treasury Strategy and Commercial Ecosystem Adoption ATHENS, Greece and NEW YORK, April 16, 2026 /PRNewswire/ -...

6 weeks ago - PRNewsWire

OceanPal Inc. Discloses Share Repurchases Under Existing Board-Authorized Program; Establishes 0.8x mNAV as a Target Repurchase Threshold

Company has repurchased a total of 345,168 shares prior to the reverse split under its previously announced $10 million program, with $7.3 million remaining in authorized capacity; Company targets buy...

7 weeks ago - PRNewsWire

OceanPal Inc trading resumes

09:49 EDT OceanPal (SVRN) Inc trading resumes

2 months ago - TheFly

OceanPal Inc trading halted, volatility trading pause

09:44 EDT OceanPal (SVRN) Inc trading halted, volatility trading pause

2 months ago - TheFly

OceanPal Inc trading halted, news pending

19:50 EDT OceanPal (SVRN) Inc trading halted, news pending

2 months ago - TheFly

OceanPal announces one-for-twenty reverse stock split

OceanPal (SVRN) announced that its board of directors has determined to effect a one-for-twenty reverse stock split of the company’s common shares. The company’s shareholders had approved the reverse ...

2 months ago - TheFly

OceanPal Inc. Reports Financial Results for the Year Ended December 31, 2025, and Introduces 2026 Guidance

ATHENS, Greece, March 26, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) (the "Company" or "OP"), a global shipping company and digital asset treasury operator, today announced its financial result...

2 months ago - PRNewsWire

OceanPal Inc. Announces Reverse Stock Split to be Effective March 30, 2026

ATHENS, Greece, March 26, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) (the "Company"), announced today that its board of directors has determined to effect a one-for-twenty reverse stock split o...

2 months ago - PRNewsWire

OceanPal receives Nasdaq determination letter over delisting

OceanPal (SVRN) disclosed that on March 13, 2026, the company received a written determination letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC, notifying the company that…

2 months ago - TheFly

OceanPal Receives Nasdaq Staff Determination Regarding Minimum Bid Price Deficiency; Intends to Request Hearing Before Independent Panel

Staff Determination Issued Pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv) Following Prior Reverse Stock Split; Company's Hearing Request Will Automatically Stay Any Suspension or Delisting Action P...

2 months ago - PRNewsWire

SVRN Appoints G-20 Group to Manage NEAR Treasury Yield Strategy

Mandate aims to generate risk-managed yield on SVRN's NEAR holdings to help fund AI infrastructure growth ATHENS, Greece and NEW YORK, Feb. 11, 2026 /PRNewswire/ -- SovereignAI Services LLC ("SVRN"), ...

4 months ago - PRNewsWire

OceanPal Inc. Announces Engagement of CBIZ CPAs P.C. as New Independent Registered Public Accounting Firm

ATHENS, Greece, Jan. 30, 2026 /PRNewswire/ -- OceanPal Inc. ("OP" or "the Company", NASDAQ: SVRN) today announced that its Board of Directors has appointed CBIZ CPAs P.C., ("CBIZ CPAs"), as the Compan...

4 months ago - PRNewsWire

OceanPal Inc. Announces Final Results of Tender Offer for its Series D Preferred Stock

ATHENS, Greece, Jan. 13, 2026 /PRNewswire/ -- OceanPal Inc. ("OceanPal" or "OP", NASDAQ: SVRN), announces today the final results of its tender offer (the "Offer"), which expired at 5:00 P.M. Eastern ...

5 months ago - PRNewsWire

OceanPal Inc. Announces Accrued Dividend Payment in Tender Offer

ATHENS, Greece , Dec. 11, 2025 /PRNewswire/ -- OceanPal Inc. ("OceanPal" or "OP", NASDAQ: SVRN), previously announced its offer to purchase any and all outstanding shares of its 7.0% Series D Cumulati...

6 months ago - PRNewsWire