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 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
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
Capital Link Releases Shipping Sectors Webinar Highlights Booklet Your 2025 Guide to Shipping Industry Trends NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Capital Link is pleased to announce the release of the Shipping Sector Webinar Highlights Booklet, titled "SHIPPING: STATE OF PLAY & WHAT LIES AHEAD", a resource that distills top insights from the 2024 Shipping Sector Webinar Series held in December 2024. Featuring leadership insights from senior executives of publicly listed shipping companies, the booklet provides a comprehensive analysis of the trends shaping the future of global shipping. Focusing on six main sectors, Dry Bulk, Containers, Crude Tankers, Product Tankers, LNG and
Reference is made to the stock announcement on October 2, 2024, where Golden Ocean Group Limited (OSE/NASDAQ:GOGL) announced the renewal of its share buy-back program of maximum USD 100 million to purchase up to an aggregate of 10,000,000 of the company's common shares in a 12 months period from the announcement. Golden Ocean Group Limited ("GOGL" or the "Company") announces that the Company has between December 20, 2024, and December 23, 2024, purchased 80,000 of the Company's own common stocks on the Oslo Stock Exchange at an average price of NOK 99.15 per share. Following the completion of the above transactions, GOGL owns a total of 1,787,328 of own shares, corresponding to 0.89% of the
Reference is made to the stock announcement on October 2, 2024, where Golden Ocean Group Limited (OSE/NASDAQ:GOGL) announced the renewal of its share buy-back program of maximum USD 100 million to purchase up to an aggregate of 10,000,000 of the company's common shares in a 12 months period from the announcement. Golden Ocean Group Limited ("GOGL" or the "Company") announces that the Company has between December 11, 2024 and December 17, 2024, purchased 545,000 of the Company's own common stocks. 420,000 of the shares have been bought on the Oslo Stock Exchange at an average price of NOK 101.62 per share and 125,000 of the shares have been bought on Nasdaq at an average price of USD 9.21 pe
Please find enclosed the presentation of Golden Ocean Group Limited's third quarter 2024 results for today's webcast / conference call at 14:30 CET. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q3 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 Q3 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 downloaded on www.goldeno
Hamilton, Bermuda, November 27, 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 September 30, 2024. Highlights Net income of $56.3 million and earnings per share of $0.28 (basic) for the third quarter of 2024, compared to net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024.Adjusted EBITDA of $124.4 million for the third quarter of 2024, compared to $120.3 million for the second quarter of 2024.Adjusted net income of $66.7 million for the third quarter of 2024, compared to $63.4 mil
LPG Shipping Sector: Monday, December 2, 2024, at 10:00 AM ETContainers Shipping Sector: Tuesday, December 3, 2024, at 10:00 AM ETProduct Tankers Sector: Thursday, December 5, 2024, at 9:00 AM ETDry Bulk Shipping Sector: Wednesday, December 11, 2024, at 11:00 AM ETCrude Tankers Shipping Sector: Thursday, December 12, 2024, at 10:00 AM ETLNG Shipping Sector: Tuesday, December 17, 2024, at 10:00 AM ET NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Capital Link invites you to join its December 2024 Shipping Sectors Webinar Series, featuring senior executives from leading publicly listed companies across the LNG, LPG, Dry Bulk, Crude Oil, and Product Tanker sectors. These live discussions will
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
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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)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
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Please find enclosed the presentation of Golden Ocean Group Limited's third quarter 2024 results for today's webcast / conference call at 14:30 CET. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q3 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 Q3 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 downloaded on www.goldeno
Hamilton, Bermuda, November 27, 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 September 30, 2024. Highlights Net income of $56.3 million and earnings per share of $0.28 (basic) for the third quarter of 2024, compared to net income of $62.5 million and earnings per share of $0.31 (basic) for the second quarter of 2024.Adjusted EBITDA of $124.4 million for the third quarter of 2024, compared to $120.3 million for the second quarter of 2024.Adjusted net income of $66.7 million for the third quarter of 2024, compared to $63.4 mil
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