USEA News and Press, United Maritime Corporation From 11/29/22

GLYFADA, Greece, Nov. 29, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that its board of directors has declared a special cash dividend of $1.00 per common share in connection with the recent pro...

Commencement Period Financial Highlights: Net revenues: $7.9 million Net income: $1.0 million EBITDA 1 : $2.9 million Other Highlights and Q4 Guidance: $19 million approximate gain from the sale of two Aframax vessels at 50% ov...

Earnings Release: Wednesday, November 16, 2022 , Before Market Open in New York Conference Call and Webcast: Wednesday, November 16, 2022, at 10:00 a.m. Eastern Time GLYFADA, Greece, Nov. 11, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company...

Summary United Maritime sells a pair of recently acquired Aframax tankers for an estimated 70%+ gain within just three months. After diluting shareholders soon after completing its spin-off from Seanergy Maritime in July, the company surprisingly reversed course and repurchased ap...

United Maritime ( NASDAQ: USEA ) on Tuesday said it would initiate a third share buyback program of up to $3M. Shares of the micro-cap shipping company gained 8.5% to $2.80 in aftermarket trading. The company also said it had completed its previously announced ...

GLYFADA, Greece, Oct. 25, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has completed the second buyback of approximately 1.4 million shares, at an average price of $2.08 per share, fully ...

United Maritime ( NASDAQ: USEA ) has entered agreements with an unaffiliated third party for the sale of two Aframax tankers, and the successful delivery of the previously-announced LR2 tanker acquisitions. Company has entered into two separate definitive agreements ...

GLYFADA, Greece, Oct. 13, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it has entered into definitive agreements with an unaffiliated third party for the sale of two Aframax tankers, and the...

Summary While my negative perception of the company hasn't changed, the common shares might present a decent trading opportunity ahead of anticipated strong Q3 results. Outlining expectations for revenues to almost double and EBITDA to triple quarter-over-quarter as a result of on...

United Maritime ( NASDAQ: USEA ) shares gained 12% premarket on Thursday after the shipping company initiated an additional $3M stock buyback plan. The board authorized an additional share repurchase plan, enabling the firm to buyback up to an additional $3M of its out...