Overseas Shipholding Group Reports First Quarter 2024 Results
Overseas Shipholding Group, Inc. Class A (OSG)
US:NYSE Investor Relations:
osg.com/investor-relations
Company Research
Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S. Flag markets, today reported results for the first quarter of 2024.Net income for the first quarter of 2024 was $14.6 million, or $0.19 per diluted share, compared to net income of $12.1 million, or $0.14 per diluted share, for the first quarter of 2023.Adjusted EBITDA(A), a non-GAAP measure, for the first quarter of 2024 was $43.9 million, an increase of $3.0 million, or 7.3%, from the first quarter of 2023.Shipping revenues for the first quarter of 2024 were $117.5 million, an increase of $3.7 million, or 3.3%, compared to the first quarter of 2023.Time charter equivalent (TCE) revenues(B), a non-GAAP measure, for the first quarter of 2024 were $110.1 million, an increase of $6.0 million, or 5.7%, compared to the first quarter of 2023.Total cash and in
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News
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Overseas Shipholding Group, Inc. and Encourages Investors to Contact the FirmGlobeNewswire
- GLBE, STRO and GTBP are among premarket gainers [Seeking Alpha]Seeking Alpha
- OSG STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Overseas Shipholding Group, Inc. Is Fair to ShareholdersBusiness Wire
- Overseas Shipholding bought by Saltchuk Resources for $8.50/share [Seeking Alpha]Seeking Alpha
- Overseas Shipholding Group Enters Into a Definitive Agreement to Be Acquired by Saltchuk Resources, Inc. [Yahoo! Finance]Yahoo! Finance
OSG
Sec Filings
- 5/20/24 - Form SC14D9C
- 5/20/24 - Form SC
- 5/20/24 - Form SC
- OSG's page on the SEC website