|Bid||5.08 x 800|
|Ask||5.09 x 900|
|Day's Range||5.02 - 5.10|
|52 Week Range||4.61 - 10.05|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||12.34|
|Earnings Date||May 22, 2018 - May 28, 2018|
|Forward Dividend & Yield||0.20 (3.36%)|
|1y Target Est||7.34|
Golden Ocean (NASDAQ: GOGL), one of the largest U.S.-listed owners of dry bulk ships, swung to a loss in the first three months of 2019 due to disruptions in Brazilian iron-ore exports, but it sees signs that the situation in Brazil is improving. The company, whose largest shareholder is Norwegian shipping magnate John Fredriksen, reported a net loss of $7.5 million for the first quarter of 2019, compared to net income of $16.7 million in the same period last year. In the most recent quarter, Golden Ocean's ships earned an average of $13,131 per day, down from $15,593 per day in the first quarter of 2018.
Please find enclosed the presentation of Golden Ocean Group Limited`s first quarter 2019 results for today`s webcast / conference call at 15:00 CET. This information is subject to the disclosure requirements ...
Golden Ocean Group (GOGL) delivered earnings and revenue surprises of 61.54% and 23.27%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
"Golden Ocean`s first quarter results reflect a weaker market environment brought about by disruptions in iron ore trade and continued uncertainty due to trade tensions. Strong commercial performance with well-timed contract coverage late last year combined with a modern, fuel-efficient fleet allowed the Company to generate earnings well above the market benchmarks in the quarter.
In connection with the release of Golden Ocean`s first quarter 2019 results in the morning (CEST) Wednesday May 22, 2019, a teleconference/webcast will be held as described below: Teleconference and webcast ...
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The U.S. stock selloff is accelerating as American and Chinese tariffs, retaliatory tariffs, and counter-retaliatory tariffs continue to pile up – with seemingly no end in sight. The latest round of Chinese tariffs covers $60 billion in U.S. products, beginning June 1, according to China's Ministry of Finance. The finance ministry released four lists, showing the Harmonized Commodity Description System Codes (HS Codes) of all U.S. products that will be subject to tariffs of 5 percent, 10 percent, 20 percent, and 25 percent.
Golden Ocean Group (GOGL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
We expect high parcel volumes to boost ZTO Express' (ZTO) first-quarter 2019 results. High costs, however, might dent the bottom line.
U.S.-listed shipping stocks have fallen on investor fears that U.S.-China trade tensions could reduce the volume of cargo at sea. U.S. President Donald Trump said in a tweet on May 5 that previously implemented 10 percent tariffs on $200 billion of Chinese goods would be increased to 25 percent as of May 10, and further warned of 25 percent tariffs on an additional $325 billion of Chinese goods.
Is Golden Ocean Group Ltd (NASDAQ:GOGL) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The […]
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the "Company") announces that Gert Jan van den Akker has resigned as board member in the Company. The Company would like to thank Mr. van den ...
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in Golden Ocean Group Limited (NASDAQ:GOGL) have tasted that bit...
Mowi, the world's largest salmon farmer, reported a smaller-than-expected rise in first-quarter earnings on Monday as margins at its largest unit missed forecasts. Formerly known as Marine Harvest, Mowi is controlled by Norwegian-born billionaire John Fredriksen, who also holds stakes in shipping and oil service firms Frontline, Golden Ocean and Seadrill among others. Mowi's salmon output stood at 104,000 tonnes in the quarter, beating its own estimate, as well as that of analysts, which had both been for an output of 102,000 tonnes.
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) ("Golden Ocean" or the "Company") today announced that it has acquired a 15% ownership interest in Singapore Marine Pte Ltd. ("Singapore Marine"), a dry bulk freight operator sponsored by Peter Weernink, the former Chief Executive Officer of Swiss Marine SA. Singapore Marine, which has offices in Singapore, Geneva and Verbier, will initially focus on the Post Panamax to Capesize vessel segments and seek to generate returns in all market conditions by employing an asset-light business model. Thomas Semino, Chief Commercial Officer of Golden Ocean, will be appointed as a Director of Singapore Marine.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we'll evaluate Golden Ocean Group Limited (NASDAQ:GOGL) to determineRead More...
Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2018 (the "Annual Report") has been filed ...
In December 2018, Golden Ocean Group Limited (NASDAQ:GOGL) released its most recent earnings announcement, which confirmed that the company finally turned profitable after delivering negative earnings on average over theRead More...