GOGL News and Press, Golden Ocean Group Limited From 02/23/23

Summary Golden Ocean’s 4Q 2022 and full-year 2022 financial results were weaker than 3Q 2022 and full-year 2021 financial results. Despite the positive effects of the reopening of China, the dry bulk shipping market outlook is not attractive. GOGL’s 1Q 2023 TCE per day...

The following slide deck was published by Golden Ocean Group Limited in conjunction with their 2022 Q4 earnings call. For further details see: Golden Ocean Group Limited 2022 Q4 - Results - Earnings Call Presentation

Please find enclosed the presentation of Golden Ocean Group Limited’s fourth quarter 2022 results for today’s webcast / conference call at 15:00 CET. Attend by Webcast: Use to the follow link prior to the webcast: GOGL Q4 2022 Webcast Attend by Conference Call: Par...

Golden Ocean ( NASDAQ: GOGL ) declares $0.20/share quarterly dividend , -42.9% decrease from prior dividend of $0.35. Forward yield 8.42% Payable March 9; for shareholders of record Feb. 28; ex-div Feb. 27. See GOGL Dividend Scorecard, Yield Chart, & Dividend...

Golden Ocean press release ( NASDAQ: GOGL ): Q4 GAAP EPS of $0.34 beats by $0.14 . Revenue of $249.56M (-34.6% Y/Y) beats by $96.81M . Adjusted EBITDA of $112.4 million for the fourth quarter of 2022, compared with $118.2 million for the third quarter of 2022 Repor...

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the three and twelve months period ended December 31, 20...

Summary GNK stock continues to reflect too much optimism, despite the declining BDI rates and uncertain macroeconomic outlook. While the stock offered a higher forward dividend yield than its peers, we reckon its older dry bulk fleets and lower profit margins remained headwinds to its f...

Golden Ocean ( NASDAQ: GOGL ) is scheduled to announce Q4 earnings results on Thursday, February 16th, before market open. The consensus EPS Estimate is $0.20 (-80.2% Y/Y) and the consensus Revenue Estimate is $152.81M (-60.0% Y/Y). Over the last 1 year, GOGL has beaten EPS ...

Summary The dry bulk market outlook is not strong due to continuing global macroeconomic headwinds. The reopening of China may prove to support demand for dry bulk commodities. Although a healthy business, other dry bulk shipping companies look more attractive. Better alternatives m...

Golden Ocean Group ( NASDAQ: GOGL ) to acquire six modern 208,000 deadweight tons vessels equipped with exhaust gas cleaning systems, or scrubbers, for a total consideration of $291M. The newly-acquired vessels will be chartered back to their former owner, an unrelated third party...