Performance Shipping Inc. (PSHG)

NASDAQ: PSHG · IEX Real-Time Price · USD
1.980
-0.010 (-0.50%)
At close: Apr 19, 2024, 4:00 PM
1.940
-0.040 (-2.02%)
After-hours: Apr 19, 2024, 6:24 PM EDT
-0.50%
Market Cap 24.31M
Revenue (ttm) 108.94M
Net Income (ttm) 56.92M
Shares Out 12.28M
EPS (ttm) 1.91
PE Ratio 1.04
Forward PE 2.24
Dividend n/a
Ex-Dividend Date n/a
Volume 63,575
Open 2.010
Previous Close 1.990
Day's Range 1.943 - 2.030
52-Week Range 0.680 - 2.530
Beta 0.27
Analysts n/a
Price Target n/a
Earnings Date Mar 7, 2024

About PSHG

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece. [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2010
Employees 209
Stock Exchange NASDAQ
Ticker Symbol PSHG
Full Company Profile

Financial Performance

In 2023, PSHG's revenue was $108.94 million, an increase of 44.92% compared to the previous year's $75.17 million. Earnings were $56.92 million, an increase of 374.25%.

Financial Statements

News

Performance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-F

ATHENS, Greece, March 28, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announc...

22 days ago - GlobeNewsWire

Performance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per Day

ATHENS, Greece, March 12, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today a...

5 weeks ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023

ATHENS, Greece, March 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 re...

6 weeks ago - GlobeNewsWire

Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day

ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Signs Shipbuilding Contracts for the Construction of 2 Newbuilding LNG-Ready Scrubber Fitted Tier III LR2 Tankers

ATHENS, Greece, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Announces Full Prepayment of Piraeus Bank S.A. Loans and Significant Reduction of Finance Costs

ATHENS, Greece, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Announces Completion of Sale and Delivery of 2007 Built M/T P. Kikuma to New Owners

ATHENS, Greece, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Issues 2022 Sustainability Report

ATHENS, Greece, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today an...

4 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023

ATHENS, Greece, Nov. 27, 2023 (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. Announces Filing of Amendment No. 2 to the Solicitation and Recommendation Statement on Schedule 14D-9

ATHENS, Greece, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announce...

5 months ago - GlobeNewsWire

Performance Shipping Inc. Announces the Sale of 2007 Built M/T P. Kikuma for US$39.3 Million

ATHENS, Greece, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announce...

5 months ago - GlobeNewsWire

Performance Shipping Inc. Announces Initiation of Analyst Coverage by Maxim Group

ATHENS, Greece, Aug. 31, 2023 (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. Announces Completion of US$2 Million Share Buyback Plan and Initiates New US$2 Million Share Buyback Plan

ATHENS, Greece, Aug. 21, 2023 (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. Regains Compliance With Nasdaq Minimum Bid Price Requirement

ATHENS, Greece, Aug. 16, 2023 (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. Announces Entry Into New Revolving Credit Facility With Nordea Bank at Favorable Terms Resulting in No Debt Maturities Prior To Mid-2027

ATHENS, Greece, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today ann...

9 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Net Income of $18.4 Million, a Second Consecutive Record, 1.7 Million Shares Repurchased for the Second Quarter 2023, and Financial Results for the Second Quarter and Six Months Ended June 30, 2023

ATHENS, Greece, July 27, 2023 (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. Announces Time Charter Contract With ST Shipping at Fixed Floor Rate of US$45,000 Per Day Plus 50/50 Profit Share for LR2 Tanker, M/T P. Aliki

ATHENS, Greece, June 27, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced...

10 months ago - GlobeNewsWire

Performance Shipping Inc. Reports Record Net Income of $15.7 Million, 1.5 Million Shares Repurchased and Financial Results for the First Quarter Ended March 31, 2023

ATHENS, Greece, June 21, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today rep...

10 months ago - GlobeNewsWire

Performance Shipping Inc. Announces Filing of 2022 Annual Report on Form 20-F

ATHENS, Greece, May 03, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, April 21, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announce...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Announces US$2.0 Million Share Buyback Plan

ATHENS, Greece, April 04, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announce...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Signs Shipbuilding Contract for the Purchase of a Newbuild LNG Ready Tier III LR2 Product/ Crude Oil Tanker With Scrubber

ATHENS, Greece, March 08, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announce...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Announces Pricing of $12.5 Million Registered Direct Offering

ATHENS, Greece, March 01, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announce...

1 year ago - GlobeNewsWire

Performance Shipping Inc. Announces Termination of At-The-Market Offering

ATHENS, Greece, Feb. 27, 2023 (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. Reports Record Fourth Quarter and Full Year 2022 Net Income of $23.8 Million and $36.3 Million, Respectively

ATHENS, Greece, Feb. 23, 2023 (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