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Stock impact report

Golden Ocean Group: Mediocre Last Quarter But Better Days Ahead [Seeking Alpha]

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: Seeking Alpha
Golden Ocean Group: Mediocre Last Quarter But Better Days Ahead Summary The past two quarters for dry bulk owners were mediocre, but the future looks considerably brighter. The company has been proactive in preparing for IMO 2020. The Baltic Dry Index fell sharply last two weeks but could rebound shortly. The Dry Bulk Market has improved greatly over the last six months, although it has been falling back a bit lately. The Baltic Dry Index now stands at 1,823. It has come off its recent peak around 2,500 level, but it is still delivering profitable returns to ship owners. For owners and operators of dry bulk vessels, times have not been as good as this for a long time. Source: Trading Economics.Com The companies that will capitalize most on this rise are those that have not taken too much forward coverage of their fleet over the last year, as rates were considerably lower than. One such company is Golden Ocean Group ( GOGL Let us start by looking at the second quarter 2019 results, whi Show less Read more
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