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Golden Ocean Group Ltd

GOGL.O

Latest Trade

6.27USD

Change

--(--)

Volume

--

Today's Range

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 - 

--

52 Week Range

4.33

 - 

10.05

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
6.27
Open
--
Volume
--
3M AVG Volume
5.57
Today's High
--
Today's Low
--
52 Week High
10.05
52 Week Low
4.33
Shares Out (MIL)
144.27
Market Cap (MIL)
934.89
Forward P/E
32.81
Dividend (Yield %)
6.17

Next Event

Q3 2019 Golden Ocean Group Ltd Earnings Release

Latest Developments

More

Gogl says increased investment in dry bulk freight operator

Golden Ocean Group Q2 Adjusted EBITDA Falls To $21.5 Million

Golden Ocean Group Limited And Frontline Ltd Invest In Bunkering Joint Venture With Trafigura

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About Golden Ocean Group Ltd

Golden Ocean Group Limited, formerly Knightsbridge Shipping Limited, is an international dry bulk shipping company. The Company is engaged in the transportation of dry bulk cargoes. It owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers. Its fleet includes owned vessels, bareboat vessels, chartered vessels, commercial management vessels and newbuildings. It owns over 40 dry bulk carriers and has contracts for over 20 newbuildings. It also has over 10 vessels chartered-in (of which over eight are chartered in from Ship Finance and over five are chartered in from third parties) and over one vessel chartered-in through a joint venture. Approximately six of the vessels are chartered-out on fixed rate time charters and the other operates in the spot market or fixed on index-linked time charter contracts.

Industry

Water Transportation

Contact Info

Par La Ville Place, 14 Par-La-Ville Road

+1.441.2956935

http://www.goldenocean.no

Executive Leadership

Ola Lorentzon

Chairman of the Board

Per Heiberg

Chief Financial Officer - Golden Ocean Management AS

Birgitte Ringstad Vartdal

Chief Executive Officer - Golden Ocean Management AS

Thomas Semino

Chief Commercial Officer - Golden Ocean Management Asia Pte Ltd

John Fredriksen

Director

Key Stats

1.70 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.2K

2017

0.3K

2018

0.5K

2019(E)

0.4K
EPS (USD)

2016

-1.180

2017

-0.010

2018

0.540

2019(E)

0.105
Price To Earnings (TTM)
53.92
Price To Sales (TTM)
1.54
Price To Book (MRQ)
0.63
Price To Cash Flow (TTM)
8.36
Total Debt To Equity (MRQ)
78.22
LT Debt To Equity (MRQ)
62.04
Return on Investment (TTM)
0.70
Return on Equity (TTM)
0.62

Latest News

BRIEF-Golden Ocean CEO expects dry bulk rates to rise after Chinese New Year

* GOLDEN OCEAN CEO BIRGITTE VARTDAL SAYS WHEN CHINESE NEW YEAR IS OVER, WE SHOULD SEE AN IMPROVEMENT IN SPOT RATES FROM WHERE WE ARE TODAY Further company coverage: [GOGL.OL>] (Reporting By Ole Petter Skonnord)

BRIEF-Golden Ocean CEO expects ship values to increase further

* GOLDEN OCEAN CEO BIRGITTE VARTDAL SAYS ABOUT VALUING SHIPS: WE ARE OFF FROM THE BOTTOM BUT NOT AT THE TOP. WE WILL STILL LOOK FOR NEW DEALS Further company coverage: (Reporting By Ole Petter Skonnord)

Dry bulk shipper Golden Ocean boosts dividend after Q4 beat

Dry bulk shipper Golden Ocean proposed a bigger than expected dividend for the fourth quarter on the back of forecast-beating results on Tuesday, and reiterated the market was getting better.

BRIEF-Golden Ocean announces dividend payment as Q4 beats forecast

* GOLDEN OCEAN Q4 NET RESULT $27.1 MILLION (REUTERS POLL $21.4 MILLION)

BRIEF-Golden Ocean: John Fredriksen's ‍Hemen Holding owns 34.2 pct after delivery of vessel

* GOLDEN OCEAN GROUP LTD: HEMEN HOLDING LIMITED, WHICH IS INDIRECTLY CONTROLLED BY JOHN FREDRIKSEN FOR BENEFIT OF HIS IMMEDIATE FAMILY, HAS RECEIVED 2,000,000 COMMON SHARES IN COMPANY AS PART OF SETTLEMENT OF PURCHASE PRICE FOR VESSEL

BRIEF-GOGL Says Issuance Of New Shares In Connection With Delivery Of Vessel

* GOGL - ISSUANCE OF NEW SHARES IN CONNECTION WITH DELIVERY OF VESSEL

BRIEF-Golden Ocean bought own $9.4 mln of own bonds

* REG-GOGL - BUYBACK OF 3.07% GOLDEN OCEAN GROUP LIMITED CONVERTIBLE BOND ISSUE 2014/2019 - ISIN NO 001 0701055

Dry bulk carrier Golden Ocean to consider resuming dividend payouts -CEO

The CEO of dry bulk carrier Golden Ocean, Birgitte Ringstad Vartdal, told an earnings call on Tuesday:

BRIEF-Golden Ocean Q3 beats forcast​, sees higher rates ahead

* Q3 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S

BRIEF-Golden Ocean issues new shares in connection with delivery of vessel

* Gogl - issuance of new shares in connection with delivery of vessel

BRIEF-Golden Ocean says share issue completed at $8.5/share

* Issue of new common shares has been successfully placed at $8.50 per new share, raising gross proceeds of approximately $66 million (approximately NOK 521 million) through the issuance of 7,764,705 new shares

BRIEF-Golden Ocean Group starts equity offering

* Golden Ocean Group Ltd - commenced an equity offering for issue of new common shares of company for gross proceeds of about $66 million

BRIEF-Golden Ocean Group acquires 2 modern capesize vessels

* GOGL - acquisition of two modern capesize vessels and termination of waiver restrictions

BRIEF-Golden Ocean sells 6 vessels, boosts financial flexibility

* Has entered into agreements to sell six ultramax vessels built at chengxi between 2015 and 2017 en bloc for $142.5 million to an unrelated third party

BRIEF-Hemen Holding settles TRS agreements in Golden Ocean, enters new

* Hemen holding limited, a company indirectly controlled by trusts established by Mr. John Fredriksen for the benefit of his immediate family, has settled trs agreements with underlying exposure to 39,129 shares in golden ocean group limited, and sold 4.46 mln shares in...

BRIEF-Hemen buys $20 mln of Golden Ocean's convertible bond

* HEMEN HOLDING LIMITED, A COMPANY INDIRECTLY CONTROLLED BY TRUSTS ESTABLISHED BY JOHN FREDRIKSEN, HAS ACQUIRED $20.0 MILLION OF GOLDEN OCEAN GROUP 14/19 3.07% $200 MILLION CONVERTIBLE BOND AT A PURCHASE PRICE OF 94.55¢/$1, AND CONVERTIBLE INTO 226,886 SHARES IN GOLDEN OCEAN...

RPT-Golden Ocean to move some vessels from spot market to longer contracts

Dry bulk shipper Golden Ocean's Chief Executive Birgitte Vartdal made the following remarks during the company's second-quarter earnings presentation on Thursday:

Golden Ocean to move some vessels from spot market to longer contracts

Dry bulk shipper Golden Ocean's Chief Executive Birgitte Vartdal made the following remarks during the company's second-quarter earnings presentation on Thursday:

BRIEF-Golden Ocean sees stronger H2 market, near-term volatility

* Says expect to see stronger market in H2 2017, but still with rate volatility in the near term

BRIEF-Dry bulk shipper Golden Ocean's Q2 adjusted EBITDA ahead of forecast

* Q2 net loss $12.0 million (Reuters poll loss $11.3 million)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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