OSG News and Press, Overseas Shipholding Group Inc. Class A From 08/08/22

Overseas Shipholding press release ( NYSE: OSG ): Q2 GAAP EPS of $0.04. Revenue of $118M (+33.6% Y/Y). CEO comment: “Our patience in seeking medium-term charters at remunerative rates for our conventional tankers and ATBs has also yielded positive results. In re...

Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a leading provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the second quarter 2022. Shipping reven...

Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) announced today that it plans to release second quarter results before market opens on Monday, August 8, 2022. The Company will host a conference call to discuss its second quarter 2022...

Demand for OSG's oceangoing vessels is strong, and expected to remain elevated for the foreseeable future. Q2 earnings should be good, with similar characteristics anticipated for Q3 and Q4. Despite improved outlook, OSG shares remain undervalued. If OSG reverts even somewhat ...

Overseas Shipholding Group is currently trading 25% below a previously rejected takeout offer. The company recently announced a repurchase program and following the announcement, the CEO has been buying shares in the open market. The stock is trading around where insiders were buy...

Overseas Shipholding (NYSE:OSG) on Monday announced a stock buyback program of up to 5M shares. The program has no time limit and may be suspended, modified or discontinued at any time. OSG plans to fund the program with excess cash. For further details see: Overseas Shipholding announc...

Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) today announced that its Board of Directors has authorized a program to purchase up to five million shares of the Company’s common stock. Under the program, the Company may repur...

John Paulson’s 13F portfolio value increased marginally from $3.24B to $3.25B this quarter. Paulson & Company added SPDR Gold Trust ETF while reducing Pacira BioSciences and TIM S.A. They also dropped Shell plc and TotalEnergies SE. The top three positions are at 43% of...

John Paulson's fund, Paulson & Co. reported its 13F filing for Q2 wherein it added Agnico Eagle Mines (AEM) and SPDR Gold Trust ETF (GLD) in new positions It increased its stakes in Bausch Health (BHC), Horizon Therapeutics (HZNP), BrightSphere Investment (BSIG), NovaGold Resources (NG), ...

Overseas Shipholding Group, Inc. (OSG) Q1 2022 Earnings Conference Call May 9, 2022 09:30 ET Company Participants Sam Norton - President & Chief Executive Officer Richard Trueblood - Vice President & Chief Financial Officer Conference Call Participants Ryan Vaughan - Needham & Com...