Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.
IPO Year:
Exchange: NASDAQ
Website: goldenocean.bm
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2024 | $15.50 | Buy → Hold | Jefferies |
| 1/5/2024 | Buy → Neutral | BTIG Research | |
| 10/24/2023 | $8.00 → $11.00 | Hold → Buy | Jefferies |
| 9/26/2022 | $14.00 → $10.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $14.00 | Buy | Jefferies |
| 9/13/2021 | $13.00 | Neutral | H.C. Wainwright |
Golden Ocean Group Limited (the "Company") will publish its financial results for the third quarter of 2024 on Wednesday November 27, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 2:30 P.M. CET (8:30 A.M. New York Time) on Wednesday November 27, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenoc
Reference is made to the announcement by the Board of Directors in Golden Ocean Group Limited (NASDAQ:GOGL) dated 4 October 2022 and 3 October 2023 regarding the establishment and renewal of a share buy-back program. The Company has repurchased a total of 1,507,328 shares under the program for a total consideration of $11,629,758. A total of 741,900 shares have been repurchased at average price of $7.84 per share at Nasdaq and 765,428 shares have been repurchased at an average price of NOK 81.2 at Oslo Stock Exchange. The Board of Directors of Golden Ocean Group Limited has on 2 October 2024, resolved to extend the existing share buy-back program with a further 12 months and the
Interim CEO and CFO Peder Simonsen will be presenting Golden Ocean Group Limited at Pareto Securities' 31st Energy Conference today, September 12, 2024. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Attachment Golden Ocean Company Presentation September 2024
Please find enclosed the presentation of Golden Ocean Group Limited's second quarter 2024 results for today's webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q2 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q2 2024 Conferance Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the
Hamilton, Bermuda, August 28, 2024 - 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 quarter ended June 30, 2024. Highlights Net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024, compared with net income of $65.4 million and earnings per share of $0.33 (basic) for the first quarter of 2024.Adjusted EBITDA of $120.3 million for the second quarter of 2024, compared with $114.3 million for the first quarter of 2024.Adjusted net income of $63.4 million for the second quarter of 2024, compared to
Golden Ocean Group Limited (the "Company") will publish its financial results for the second quarter of 2024 on Wednesday August 28, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 3:00 P.M. CEST (9:00 A.M. New York Time) on Wednesday August 28, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenocea
Golden Ocean Group Ltd (NYSE:GOGL) today released its sixth annual ESG Report. The 2023 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB), the disclosure requirements of the UN Global Compact as well as reporting guidelines for NASDAQ/Euronext stock exchanges. Peder Simonsen, Interim CEO and CFO, comments: "We are proud to present the sixth 2023 ESG report giving comprehensive insight into the environmental, social and governance aspects of Golden Ocean's activities. We are pleased to report continued improvements on emission reduction with 13.3% reduction on CII em
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean") today announced that Lars-Christian Svensen, Chief Executive Officer of Golden Ocean Management AS, has decided to step down from his position to seek new opportunities. The Board has appointed the company's CFO, Peder Simonsen, to take the role as Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Mr. Svensen will be available for the company till September 1, 2024. "I would like to thank Lars-Christian for his valuable contributions to the company as CCO and CEO and wish him all the best for the future", said Ola Lorentzon, Chairman of Golden Ocean. Lars-Christ
Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2024 results for today's webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q1 2024 Conference Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the teleconference/webcast can be downl
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 quarter ended March 31, 2024. Highlights Net income of $65.4 million and earnings per share of $0.33 (basic) for the first quarter of 2024, compared with net income of $57.5 million and earnings per share of $0.29 (basic) for the fourth quarter of 2023.Adjusted EBITDA of $114.3 million for the first quarter of 2024, compared with $123.2 million for the fourth quarter of 2023.Adjusted net income of $58.4 million for the first quarter of 2024, compared to $64.6 million for the
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
20-F - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
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Golden Ocean Group Ltd ("GOGL" or "the Company") announces the appointment of Mr. Cato Stonex as Director. Mr. Stonex has had a long career in fund management, initially with J Rothschild Investment Management. He was then a founder and partner of Taube Hodson Stonex (THS) for 20 years, which managed institutional portfolios of global equity mandates. THS was sold to GAM in 2016, after which he established Partners Investment Company, which focused on stock picking in small and mid-cap equities, largely in Europe. In 2021, Partners Investment Company became Stonex Capital Partners Ltd and that same year Mr. Stonex also funded WMC Capital Ltd, an investment company focused on the recovery of
The Board of Golden Ocean Group Limited ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Lars-Christian Svensen as the Chief Executive Officer ("CEO") of Golden Ocean Management AS with effect from January 1, 2024. Mr. Svensen currently serves as the Interim Chief Executive Officer of Golden Ocean Management AS. Prior to that, he held the role as Golden Ocean's Chief Commercial Officer. Ola Lorentzon, Chairman of the Board, says: "The Board is delighted to have appointed Lars-Christian Svensen, who has demonstrated his abilities serving as Interim CEO. We are confident Lars-Christian will be successful in his work, building shareholder value
Golden Ocean Group Ltd ("GOGL" or "the Company") announces the appointment of Mr. Jens Martin Jensen as Director. Jens Martin Arveschoug Jensen joined Seatankers Management 1st March, 2022 – prior to that he was the CEO of Athenian Holdings. He previously served as Head of Shipping at New Fortress Energy (USA) and prior to that he was a Partner at Pillarstone Europe. From May 2008 to September 2014, he was the CEO of Frontline Management AS. Mr. Jensen has served as a director of various companies, including 2020 Bulkers Ltd, Frontline Ltd and Flex LNG Limited. Prior to these roles, he was a Partner/Director at Island Shipbrokers between the periods of 1996 - 2004 and held v
Golden Ocean Group Limited (NASDAQ:GOGL) (the "Company" or "Golden Ocean"), a leading dry bulk shipping company, today announced its results for the quarter ended June 30, 2021. Highlights Net income of $104.5 million and earnings per share of $0.52 for the second quarter of 2021 compared with net income of $23.6 million and earnings per share of $0.14 for the first quarter of 2021Adjusted EBITDA of $130.5 million for the second quarter of 2021, compared with $54.6 million for the first quarter of 2021Reported TCE rates for Capesize and Panamax/Ultramax vessels of $29,372 per day and $18,987 per day, respectively, in the second quarter of 2021. Reported TC
Golden Ocean Group Limited (the "Company") will publish its financial results for the third quarter of 2024 on Wednesday November 27, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 2:30 P.M. CET (8:30 A.M. New York Time) on Wednesday November 27, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenoc
Reference is made to the announcement by the Board of Directors in Golden Ocean Group Limited (NASDAQ:GOGL) dated 4 October 2022 and 3 October 2023 regarding the establishment and renewal of a share buy-back program. The Company has repurchased a total of 1,507,328 shares under the program for a total consideration of $11,629,758. A total of 741,900 shares have been repurchased at average price of $7.84 per share at Nasdaq and 765,428 shares have been repurchased at an average price of NOK 81.2 at Oslo Stock Exchange. The Board of Directors of Golden Ocean Group Limited has on 2 October 2024, resolved to extend the existing share buy-back program with a further 12 months and the
Please find enclosed the presentation of Golden Ocean Group Limited's second quarter 2024 results for today's webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q2 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q2 2024 Conferance Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the
Hamilton, Bermuda, August 28, 2024 - 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 quarter ended June 30, 2024. Highlights Net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024, compared with net income of $65.4 million and earnings per share of $0.33 (basic) for the first quarter of 2024.Adjusted EBITDA of $120.3 million for the second quarter of 2024, compared with $114.3 million for the first quarter of 2024.Adjusted net income of $63.4 million for the second quarter of 2024, compared to
Golden Ocean Group Limited (the "Company") will publish its financial results for the second quarter of 2024 on Wednesday August 28, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 3:00 P.M. CEST (9:00 A.M. New York Time) on Wednesday August 28, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenocea
Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2024 results for today's webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q1 2024 Conference Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the teleconference/webcast can be downl
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 quarter ended March 31, 2024. Highlights Net income of $65.4 million and earnings per share of $0.33 (basic) for the first quarter of 2024, compared with net income of $57.5 million and earnings per share of $0.29 (basic) for the fourth quarter of 2023.Adjusted EBITDA of $114.3 million for the first quarter of 2024, compared with $123.2 million for the fourth quarter of 2023.Adjusted net income of $58.4 million for the first quarter of 2024, compared to $64.6 million for the
Golden Ocean Group Limited (the "Company) will publish its financial results for the first quarter of 2024 on Wednesday May 22, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 3:00 P.M. CET (9:00 A.M. New York Time) on Wednesday February 28, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") prior to the conference call/webcast. In order to listen to the presentation, you may do one of the following: a. WebcastVisit the Investor Relations section of the Company's website at www.goldenocean.bm
Please find enclosed the presentation of Golden Ocean Group Limited's fourth quarter 2023 results for today's webcast / conference call at 15:00 CET. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q4 2023 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q4 2023 Conference Call A Q&A session will be held after the conference call/webcast. Information on how to submit questions will be given at the beginning of the session. The presentation material which will be used in the teleconference/webcast can be downloaded on
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 ended December 31, 2023. Highlights Net income of $57.5 million and earnings per share of $0.29 (basic) for the fourth quarter of 2023, compared with net income of $28.7 million and earnings per share of $0.14 (basic) for the third quarter of 2023.Net income of $112.3 million and earnings per share of $0.56 (basic) for full year 2023, compared with net income of $461.8 million and earnings per share of $2.30 (basic) for full year 2022.Adjusted EBITDA of $123.2 milli
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $15.50
BTIG Research downgraded Golden Ocean from Buy to Neutral
Jefferies upgraded Golden Ocean from Hold to Buy and set a new price target of $11.00 from $8.00 previously
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $10.00 from $14.00 previously
Jefferies initiated coverage of Golden Ocean with a rating of Buy and set a new price target of $14.00
H.C. Wainwright initiated coverage of Golden Ocean with a rating of Neutral and set a new price target of $13.00
BTIG reiterated coverage of Golden Ocean Group with a rating of Buy and set a new price target of $12.00 from $8.00 previously
BTIG reiterated coverage of Golden Ocean Group with a rating of Buy and set a new price target of $7.00 from $6.00 previously
BTIG Research resumed coverage of Golden Ocean Group with a rating of Buy and set a new price target of $7.00 from $6.00 previously
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Jefferies analyst Omar Nokta downgrades Golden Ocean Group (NASDAQ:GOGL) from Buy to Hold and maintains $15.5 price target.
Golden Ocean Group (NASDAQ:GOGL) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.24 by 20.83 percent. This is a 866.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $246.735 million which beat the analyst consensus estimate of $188.125 million by 31.15 percent. This is a 25.55 percent increase over sales of $196.517 million the same period last year.
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