Performance Shipping Inc. (PSHG)

NASDAQ: PSHG · Real-Time Price · USD
1.685
-0.015 (-0.88%)
Aug 1, 2025, 4:00 PM - Market closed
-0.88%
Market Cap20.89M
Revenue (ttm)84.04M
Net Income (ttm)58.78M
Shares Out 12.43M
EPS (ttm)1.56
PE Ratio1.08
Forward PE1.43
Dividendn/a
Ex-Dividend Daten/a
Volume71,720
Open1.700
Previous Close1.700
Day's Range1.670 - 1.740
52-Week Range1.305 - 2.340
Beta-0.07
Analystsn/a
Price Targetn/a
Earnings DateJul 30, 2025

About PSHG

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2024, it operated through a fleet of six Aframax tanker vessels with a combined carrying capacity of 630,519 DWT. The company was incorporated in 2010 and is based in Athens, Greece. [Read more]

Founded 2010
Employees 211
Stock Exchange NASDAQ
Ticker Symbol PSHG
Full Company Profile

Financial Performance

In 2024, Performance Shipping's revenue was $87.45 million, a decrease of -19.73% compared to the previous year's $108.94 million. Earnings were $41.90 million, a decrease of -26.40%.

Financial Statements

News

Performance Shipping Inc. Announces Naming and Delivery of M/T P. Massport, First of Four Newbuild Tankers on Order

ATHENS, Greece, July 31, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, is please...

3 days ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2025

ATHENS, Greece, July 30, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today rep...

4 days ago - GlobeNewsWire

Performance Shipping Inc. Announces Signing of Refinancing Agreement With Alpha Bank S.A.

ATHENS, Greece, July 24, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

10 days ago - GlobeNewsWire

Performance Shipping Inc. Announces Successful Placement of $100 Million Bond Offering

ATHENS, Greece, July 02, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“Performance Shipping” or the “Company”) announced today that it has successfully placed USD 100 million of ...

4 weeks ago - GlobeNewsWire

Performance Shipping Inc. Announces Acceptance of a Signed Commitment Letter From Alpha Bank A.E. to Refinance Existing Facilities

ATHENS, Greece, June 24, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

5 weeks ago - GlobeNewsWire

Performance Shipping Inc. Secures Long-Term Time Charter Contract at US$23,750 Per Day With Mercuria for LR1 Newbuilding Tanker

ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

6 weeks ago - GlobeNewsWire

Performance Shipping Inc. Announces Fixed Income Investor Meetings

ATHENS, Greece, June 04, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“Performance Shipping” or the “Company”), through its Norwegian investment banks, will arrange a series of f...

2 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2025

ATHENS, Greece, May 27, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today repo...

2 months ago - GlobeNewsWire

Performance Shipping Inc. Announces Filing of 2024 Annual Report on Form 20-F

ATHENS, Greece, April 16, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announc...

3 months ago - GlobeNewsWire

Performance Shipping Inc. Enters Into Potential Forward Sale Agreement for the 2009-Built Aframax Tanker, M/T P. Sophia

ATHENS, Greece, April 07, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today a...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Announces Sale of 2011-Built Aframax Vessel M/T P. Yanbu for US$39 Million and Completion of Delivery to Her New Owners

ATHENS, Greece, March 24, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today a...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Secures Sale and Leaseback Agreement for Third Newbuild LR2 Aframax Tanker

ATHENS, Greece, March 06, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

5 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2024

ATHENS, Greece, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today rep...

5 months ago - GlobeNewsWire

Performance Shipping Inc. Extends Time Charter for M/T P. Monterey at US$28,000 Per Day for Twelve Months

ATHENS, Greece, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

6 months ago - GlobeNewsWire

Performance Shipping Inc. Secures 21-Month Time Charter Contract at US$28,000 Per Day for Aframax Tanker, M/T Blue Moon

ATHENS, Greece, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

8 months ago - GlobeNewsWire

Performance Shipping Inc. Issues 2023 Sustainability Report

ATHENS, Greece, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

8 months ago - GlobeNewsWire

Performance Shipping Inc. Secures Time Charter Contract with Oil Major at US$33,500 Per Day for LR2 Aframax Tanker, M/T P. Aliki

ATHENS, Greece, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

8 months ago - GlobeNewsWire

Performance Shipping Inc. Highlights Company's Platform for Growth and Shareholder Value Creation

Mails Proxy Materials and Letter to Shareholders in Connection with 2024 Annual General Meeting of Shareholders

9 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine-Months Ended September 30, 2024

ATHENS, Greece, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today rep...

9 months ago - GlobeNewsWire

Performance Shipping Inc. Secures Sale and Leaseback Agreement for Second Newbuild LR2 Aframax Tanker

ATHENS, Greece, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today ann...

10 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six-Months Ended June 30, 2024

ATHENS, Greece, July 25, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today rep...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Announces Initiation of Analyst Coverage by Alliance Global Partners (AGP)

ATHENS, Greece, July 24, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Secures Sale and Leaseback Agreement for Previously Announced Newbuild LR2 Aframax Tanker

ATHENS, Greece, July 16, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today ann...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Secures Charter Contract with Trafigura for LR2 Aframax Tanker, M/T P. Aliki

ATHENS, Greece, June 06, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today an...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Secures Charter Contract With Aramco for About 24 Months at US$41,000 Per Day

ATHENS, Greece, June 05, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today an...

1 year ago - GlobeNewsWire