Profile
Sector:
EnergyIndustry:
Oil & Gas MidstreamCountry:
GreeceIPO:
02 August 2004Website:
http://www.topships.orgNext earnings report:
N/ALast dividends:
12 April 2006Next dividends:
N/APrice
after hours | 32 min agoDividend
Analysts recommendations
Institutional Ownership
TOPS Latest News
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ATHENS, Greece, July 25, 2024 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NYSE: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that its 50% subsidiaries which own M/T Eco Yosemite Park and M/T Eco Joshua Park entered into agreements with their current charterers to extend their time charter employment at higher rates.
Top Ships' stock price has dropped by 98% since my last update on the company as the vicious circle of relentless dilution and subsequent reverse stock splits has continued unabatedly. The company has used the funds obtained from diluting common shareholders literally beyond recognition to build a diversified fleet of state-of-the-art tankers that are employed under long-term contracts. On Wednesday, Top Ships announced the proposed spin-off of the Suezmax tanker Eco Malibu into a new publicly-traded company named Rubico Inc.
What type of business is Top Ships?
Top Ships Inc. owns and operates tanker vessels worldwide. The company's tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2023, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Marousi, Greece.
What sector is Top Ships in?
Top Ships is in the Energy sector
What industry is Top Ships in?
Top Ships is in the Oil & Gas Midstream industry
What country is Top Ships from?
Top Ships is headquartered in Greece
When did Top Ships go public?
Top Ships initial public offering (IPO) was on 02 August 2004
What is Top Ships website?
https://www.topships.org
Is Top Ships in the S&P 500?
No, Top Ships is not included in the S&P 500 index
Is Top Ships in the NASDAQ 100?
No, Top Ships is not included in the NASDAQ 100 index
Is Top Ships in the Dow Jones?
No, Top Ships is not included in the Dow Jones index
When was Top Ships the previous earnings report?
No data
When does Top Ships earnings report?
Next earnings report date is not announced yet