Key Details
Price
$1.35Last Dividend
$2.00Annual Revenue
$18.96 MAnnual EPS
-$3.83Annual ROE
-2.34%Beta
0.88Events Calendar
Next earnings date:
Apr 11, 2025Recent quarterly earnings:
Dec 20, 2024Recent annual earnings:
Apr 11, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Aug 11, 2022Next split:
N/ARecent split:
June 08, 2023Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
ATHENS, Greece, Dec. 20, 2024 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported vessel revenues of $7.5 million, a net loss of $0.2 million and net loss attributed to common stockholders of $0.6 million for the third quarter of 2024. This compares to vessel revenues of $3.9 million, a net loss of $3.4 million and net loss attributed to common stockholders of $3.9 million for the third quarter of 2023.
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.
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.
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.
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. (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. 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.
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
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.
FAQ
- What is the primary business of OceanPal?
- What is the ticker symbol for OceanPal?
- Does OceanPal pay dividends?
- What sector is OceanPal in?
- What industry is OceanPal in?
- What country is OceanPal based in?
- When did OceanPal go public?
- Is OceanPal in the S&P 500?
- Is OceanPal in the NASDAQ 100?
- Is OceanPal in the Dow Jones?
- When was OceanPal's last earnings report?
- When does OceanPal report earnings?