Overseas Shipholding Group

Overseas Shipholding Group, Inc. engages in the provision of energy transportation services for crude oil and petroleum products in the U.S. Flag trade. It operates Articulated Tug Barges (ATB), lightering ATBs, shuttle tankers, Medium Range (MR) tankers, and non-Jones Act MR tankers that participate in the maritime security program. The company was founded in 1948 and is headquartered in Tampa, FL.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Overseas Shipholding Group exceeds Q4 expectations, eyes growth opportunities

OSG's Q4 2022 earnings call showcased exceptional performance, with strong financial results and positive outlook for 2023. The company's focus on capital allocation, fleet expansion, and renewable diesel transportation highlights its strategic positioning in the market. Despite challenges in market uncertainty, OSG remains optimistic about its future prospects.

Overseas Shipholding Group reports robust Q1 performance and growth outlook

OSG demonstrated financial strength and stability in Q1 2023, with strong EBITDA performance and increased cash balances.
The company's strategic initiatives, including vessel agreements and military contract bids, enhance revenue streams and market positioning.
Balancing growth, sustainability, and operational excellence will be key focus areas for OSG in navigating industry challenges and seizing opportunities.

Overseas Shipholding Group exceeds Q2 expectations, eyes sustainable growth

OSG's strong performance in Q2 reflects operational resilience and strategic contract wins.
Balancing current market challenges with future opportunities in sustainable shipping.
Focused on growth through fleet expansion, carbon footprint reduction, and green initiatives.
Positive outlook for 2024 with anticipated earnings growth and market adaptability.

Overseas Shipholding Group reports strong Q3 performance and explores growth

OSG's Q3 2023 performance reflects strong financial growth, proactive debt management, and strategic investments in fleet expansion and sustainable industries.
Despite challenges in acquisitions and operational integration, OSG's focus on innovation, cost efficiency, and shareholder value creation positions the company for long-term success.
By capitalizing on opportunities in new technologies and sustainable practices, OSG aims to drive growth, enhance operational efficiency, and deliver value to shareholders in a competitive market.

Overseas Shipholding Group surpasses earnings target, eyes growth opportunities

OSG delivered strong financial results in 2023, with a focus on operational efficiency, debt reduction, and shareholder value. The company's strategic investments, contract extensions, and market positioning bode well for future growth and profitability, despite uncertainties in cargo demand and geopolitical landscape.

OSG reports robust Q1 earnings, shifts focus to traditional refining

OSG's Q1 2024 performance showed strong growth in earnings per share and financial metrics, reflecting a resilient business model.
The company's strengths lie in increased demand for its vessels, growth in renewable diesel transportation, and sustainability efforts.
Challenges include transitioning away from renewable diesel production and managing operational inefficiencies during fleet repositioning.
Opportunities exist in carbon capture projects, high demand for tankers, and strategic fleet adjustments in response to market dynamics.

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Overseas Shipholding Group, Inc. is a leading provider of energy transportation services. We deliver crude oil and petroleum products throughout the world. We own and operate a combined fleet of 24 vessels registered in the United States. Our well maintained fleet and commitment to high quality, incident-free service positions us as a preferred cargo carrier of major oil and gas companies, refiners and traders throughout the world.

Overseas Shipholding Group, Inc. (OSG) CEO Sam Norton on Q3 2021 Results - Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--OVERSEAS SHIPHOLDING GROUP REPORTS THIRD QUARTER 2021 RESULTS

Overseas Shipholding Group Reports Third Quarter 2021 Results

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group to Announce Third Quarter 2021 Results on November 9, 2021

Overseas Shipholding Group to Announce Third Quarter 2021 Results on November 9, 2021

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group announces the closing of a $325 million loan to refinance debt. Loan increases liquidity and financial flexibility.

Overseas Shipholding Group - Announces the closing of a $325 million loan to refinance debt - Loan increases liquidity and financial flexibility

New York, New York--(Newsfile Corp. - September 21, 2021) - Pomerantz LLP is investigating claims on behalf of investors of Overseas Shipholding Group, Inc. ("Overseas Shipholding" or the "Company") (NYSE: OSG). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Overseas Shipholding and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Overseas Shipholding Group, Inc. - OSG

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Announces the Continuation of Exploring Strategic Alternatives

Overseas Shipholding Group Announces the Continuation of Exploring Strategic Alternatives

Overseas Shipholding operates a fleet of 21 ocean vessels that transports crude oil and petroleum products in the United States.

Merger Arbitrage: Overseas Shipholding Group Is In Play And Primed For Multi-Bid Situation

Overseas Shipholding Group, Inc. (OSG) CEO Sam Norton on Q2 2021 Results - Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Reports Second Quarter 2021 Results

Overseas Shipholding Group Reports Second Quarter 2021 Results

Overseas Shipholding Group is currently entertaining a non-binding proposal to be taken private by Saltchuk Holdings, Inc. for $3.00 per share in cash.

Overseas Shipholding Group: $3/Share Offer On The Table; Deal Seems Likely

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group to Announce Second Quarter 2021 Results on August 6, 2021

Overseas Shipholding Group to Announce Second Quarter 2021 Results on August 6, 2021

Overseas Shipholding Group Inc. (NYSE:OSG) shares are trading higher by 33% at $2.82 after Saltchuk Holdings reported it submitted a preliminary non-binding proposal to Overseas Shipholding Group's board to acquire all of the outstanding shares of the company not already owned for $3 per share. Overseas Shipholding Group is a tanker company that owns and operates a fleet of oceangoing vessels.

Why Overseas Shipholding Group Shares Are Skyrocketing Today

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Announces Receipt of Unsolicited Non-Binding Acquisition Proposal and Exploration of Strategic Alternatives

Overseas Shipholding Group Announces Receipt of Unsolicited Non-Binding Acquisition Proposal and Exploration of Strategic Alternatives

The stock price of Overseas Shipholding Group Inc. (NYSE: OSG) increased by over 35% pre-market. This is why it happened.

OSG Stock Price Increases Over 35% Pre-Market: Why It Happened

Overseas Shipholding Group, Inc. (OSG) CEO Sam Norton on Q1 2021 Results - Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Reports First Quarter 2021 Results

Overseas Shipholding Group Reports First Quarter 2021 Results

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group to Announce First Quarter 2021 Results on May 7, 2021

Overseas Shipholding Group to Announce First Quarter 2021 Results on May 7, 2021

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Announces the Release of its 2020 Sustainability Report

Overseas Shipholding Group Announces the Release of Its 2020 Sustainability Report

Overseas Shipholding Group, Inc. (OSG) CEO Sam Norton on Q4 2020 Results - Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Reports Fourth Quarter and Full Year 2020 Results

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2020 Results

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TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group to Announce Fourth Quarter and Full Year 2020 Results on April 7, 2021

Overseas Shipholding Group to Announce Fourth Quarter and Full Year 2020 Results on April 7, 2021

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group Announces the Filing of Form 12B-25

Overseas Shipholding Group Announces the Filing of Form 12B-25

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TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group and Greenbrier Marine Announce Second New Barge Delivery

Overseas Shipholding Group and Greenbrier Marine Announce Second New Barge Delivery

Overseas Shipholding Group, Inc. (OSG) CEO Samuel Norton on Q3 2020 Results - Earnings Call Transcript

News for Overseas Shipholding Group Stock (OSG)