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OceanPalNASDAQ: OP

Profile

Country:

Greece

IPO:

30 November 2021

Next earnings report:

06 December 2024

Last dividends:

11 August 2022

Next dividends:

N/A
$11.40 M
-98%vs. 3y high
9%vs. sector
-vs. 3y high
-vs. sector
-97%vs. 3y high
10%vs. sector
-99%vs. 3y high
19%vs. sector

Price

after hours | Thu, 14 Nov 2024 22:00:49 GMT
$1.53+$0.08(+5.52%)
$6.74 M-$8.21 M

Analysts recommendations

Institutional Ownership

OP Latest News

Oceanpal Inc. Announces Delivery of the MR2 Tanker Vessel Zeze Start
globenewswire.com09 September 2024 Sentiment: POSITIVE

ATHENS, Greece, Sept. 09, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (“OceanPal” or the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has taken delivery of the m/t Zeze Start, a 2009-built tanker vessel having a carrying capacity of 49,999 dwt (the “Vessel”), that the Company entered into an agreement to purchase in late July 2024. The acquisition of its first tanker vessel reflects OceanPal's view that it is the right time to diversify the Company's fleet so as to take advantage of opportunities in the product tanker sector.

OceanPal Inc. Reports Financial Results For The Second Quarter And Six Months Ended June 30, 2024
globenewswire.com07 August 2024 Sentiment: NEGATIVE

ATHENS, Greece, Aug. 07, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $6.7 million, a net loss of $8.2 million and net loss attributed to common stockholders of $8.6 million for the second quarter of 2024. This compares to time charter revenues of $5.4 million, a net income of $1.3 million and net income attributed to common stockholders of $483 thousand for the second quarter of 2023.

OceanPal Inc. Announces Agreement to Acquire an MR2 Tanker Vessel
globenewswire.com16 July 2024 Sentiment: POSITIVE

ATHENS, Greece, July 16, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ:OP) (“OceanPal” or the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire an MR2 tanker vessel, the m/t Zeze Start (the “Vessel”), for an aggregate purchase price of $27.0 million from an entity controlled by a director of the Company. The transaction was unanimously approved by the Company's Board of Directors and reflects OceanPal's view that it is the right time to diversify the Company's fleet so as to take advantage of opportunities in the product tanker sector.

OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2024
globenewswire.com06 June 2024 Sentiment: NEUTRAL

ATHENS, Greece, June 06, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $5.7 million, net loss of $1.3 million and net loss attributed to common stockholders of $1.7 million for the first quarter of 2024. This compares to time charter revenues of $3.9 million, net income of $88 thousand and net loss attributed to common stockholders of $472 thousand for the first quarter of 2023.

OceanPal Inc. Announces Results of 2024 Annual Meeting of Shareholders
globenewswire.com17 May 2024 Sentiment: POSITIVE

OceanPal Inc. (NASDAQ: OP), a worldwide shipping company that owns vessels, stated today that its Annual Meeting of Shareholders was successfully conducted on May 17, 2024, exclusively online via the Internet.

OceanPal Inc. Announces Entry Into Support Agreement With Sphinx Investment Corp.; Sphinx Terminates its Proxy Contest and Enters Into Voting Commitment; Mr. Economou Expected to be Made Available to Provide Strategic Advice
globenewswire.com17 May 2024 Sentiment: POSITIVE

OceanPal Inc. disclosed today that it has signed a Support Agreement with Sphinx Investment Corp., an affiliate of George Economou, who owns around 14.1% of the Company's common stock. This Agreement ensures future support for OceanPal and its Board from Sphinx.

Top 5 Industrials Stocks Which Could Blast Off This Quarter
Benzinga22 June 2023 Sentiment: POSITIVE

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

OceanPal Inc. Announces Date for Its 2023 Annual Meeting of Shareholders
GlobeNewsWire28 March 2023 Sentiment: POSITIVE

ATHENS, Greece, March 28, 2023 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, will hold its annual meeting of shareholders (the “Annual Meeting”) at 8:00 a.m. Eastern Standard Time on May 3, 2023. The Annual Meeting will be held in a virtual format. All shareholders of record as of March 21, 2023, who wish to attend may do so by following the instructions included in the Notice of Annual Meeting of Shareholders and accompanying proxy statement which is available on the SEC website at https://www.sec.gov/edgar/browse/?CIK=1869467&owner=exclude or by referring to the Company's website at www.oceanpal.com.

What type of business is OceanPal?

OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.

What sector is OceanPal in?

OceanPal is in the Industrials sector

What industry is OceanPal in?

OceanPal is in the Marine Shipping industry

What country is OceanPal from?

OceanPal is headquartered in Greece

When did OceanPal go public?

OceanPal initial public offering (IPO) was on 30 November 2021

What is OceanPal website?

https://www.oceanpal.com

Is OceanPal in the S&P 500?

No, OceanPal is not included in the S&P 500 index

Is OceanPal in the NASDAQ 100?

No, OceanPal is not included in the NASDAQ 100 index

Is OceanPal in the Dow Jones?

No, OceanPal is not included in the Dow Jones index

When was OceanPal the previous earnings report?

No data

When does OceanPal earnings report?

The next expected earnings date for OceanPal is 06 December 2024