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Stock impact report

GOGL – Third Quarter 2021 Results

Golden Ocean Group Limited (GOGL) 
Last golden ocean group limited earnings: 5/22 02:10 am Check Earnings Report
US:NASDAQ Investor Relations: goldenocean.no
Company Research Source: GlobeNewswire
Golden Ocean Group Limited (NASDAQ: GOGL / OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of Capesize vessels, today announced its results for the quarter ended September 30, 2021. Highlights Net income of $195.3 million and earnings per share of $0.97 for the third quarter of 2021 compared with net income of $104.5 million and earnings per share of $0.52 for the second quarter of 2021.Adjusted EBITDA of $229.7 million for the third quarter of 2021, compared with $130.5 million for the second quarter of 2021.Reported TCE rates for Capesize and Panamax/Ultramax vessels of $38,142 per day and $24,733 per day, respectively, in the third quarter of 2021. Reported TCE rate for the whole fleet of $32,262 per day.Entered into agreements to construct seven latest generation ECO-type Kamsarmax vessels.Sold two older Panamax vessels at attractive prices, as part of the fleet renewal strategy.Completed refinancing of $413.6 million facility provided by Show less Read more
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