Pangaea Logistics Solutions

Pangaea Logistics Solutions Ltd. engages in the provision of seaborne dry bulk logistics and transportation services to industrial customers worldwide. The firm services customers that require transportation of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company was founded by Edward Coll, Carl Claus Boggild, and Anthony Laura on April 29, 2014 and is headquartered in Newport, RI.

Earnings data Q1 2021

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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

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Earnings data Q3 2024

Earnings data Q4 2024

Pangaea Logistics Solutions reports record profitability and outlines growth strategies

Pangaea Logistics Solutions' Q4 2022 earnings call highlighted record profitability, strong TCE rates, and strategic initiatives for 2023. The company's flexible business model, emphasis on fleet renewal, and commitment to financial strength were key takeaways. Challenges include regulatory impacts and capital allocation priorities, while opportunities lie in fleet strategies and market expansion.

Pangaea Logistics reports resilient performance and strategic growth outlook

Pangaea Logistics Solutions showcased resilience and strategic growth amidst market challenges, with strong free cash flow enabling key acquisitions.
Despite declines in adjusted EBITDA and net income, the company's financial stability, disciplined approach, and shareholder focus position it for long-term success.
Opportunities in global dry bulk volume growth and ongoing capital allocation strategies offer pathways for Pangaea to drive growth and enhance shareholder value.

Pangaea Logistics reports solid Q2 performance amidst market challenges

Pangaea Logistics Solutions demonstrated resilience in Q2 2023 amid market challenges, with a focus on shareholder value and strategic acquisitions.
While facing declining financial metrics, the company's long-term COAs and cargo strategy provide a foundation for future growth and profitability.
Analyst inquiries highlighted areas of interest and potential risks, signaling the need for continued performance monitoring and strategic decision-making.

Pangaea Logistics reports solid Q3 performance amidst strategic asset moves

Pangaea Logistics Solutions demonstrated resilience in challenging market conditions, leveraging strengths in key segments while addressing cash flow and debt management challenges.
Strategic asset sales and plans for fleet optimization position the company for future growth and operational efficiency improvements.
Despite financial headwinds, Pangaea's focus on cash flow generation and prudent financial management underscores a commitment to long-term sustainability and value creation.

Pangaea Logistics reports resilient Q4 performance amidst market challenges

Pangaea Logistics Solutions delivered solid financial results in Q4 2023, showcasing resilience and adaptability in a challenging market environment.
Despite market rate volatility, the company remains optimistic about future performance, focusing on strategic investments in fleet expansion and onshore logistics capabilities.
With a strong balance sheet, acquisitions of marine port terminal operations, and plans for further expansion, Pangaea is well-positioned for growth and operational excellence.
Addressing challenges in managing debt and operational costs while seizing opportunities for expansion and financial optimization will be key focus areas for Pangaea in the coming quarters.

Pangaea Logistics reports strong Q3 earnings amidst market opportunities

Pangaea Logistics Solutions delivered solid financial performance in Q3 2024, driven by strategic acquisitions and operational efficiency.
While facing challenges such as seasonal demand fluctuations and capital allocation decisions, the company remains well-positioned to capitalize on market opportunities.
With a focus on maintaining financial discipline, capturing growth opportunities, and enhancing shareholder value, Pangaea is poised for continued success in the dry bulk shipping industry.

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Pangaea Logistics Solutions Ltd. engages in the provision of seaborne dry bulk logistics and transportation services to industrial customers worldwide. The firm services customers that require transportation of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company was founded by Edward Coll, Carl Claus Boggild, and Anthony Laura in 1996 and is headquartered in Newport, RI.

NEWPORT, R.I. , Aug. 9, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended June 30, 2023

NEWPORT, R.I. , July 27, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it will issue second quarter 2023 results after the market closes on Wednesday, August 9, 2023.

PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2023 CONFERENCE CALL DATE

NEWPORT, R.I. , June 26, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

PANGAEA LOGISTICS SOLUTIONS TO JOIN THE RUSSELL 3000® INDEX

Pangaea Logistics Solutions is a somewhat unique dry bulk shipping company with a diversified strategy and stronghold in the ice class niche. Last month, Pangaea reported seasonally weaker first quarter results, but still managed to generate a respectable $11.6 million in cash flow from operations. Pangaea remains committed to paying a fixed quarterly cash dividend of $0.10 per common share, which remains well-covered by operating cash flows.

Pangaea Logistics Solutions: New Multi-Year Highs Despite Challenging Market Conditions

Pangaea Logistics (PANL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Pangaea Logistics (PANL) Moves 7.0% Higher: Will This Strength Last?

Pangaea Logistics Solutions has strong technicals, a low valuation, and improving profitability, making it an attractive buy. The company's forward annual dividend yield of 6.53% surpasses its 5-year average yield, demonstrating sustained earnings power. Pangaea's low price-to-free cash flow ratio of 2.05 highlights the company's ability to generate significant cash for growth and shareholder rewards.

Pangaea Logistics: Dividend Trends Point To A Rising Share Price

NEWPORT, R.I. , June 1, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Announces Completion of Port and Terminal Operations Acquisition

Pangaea Logistics Solutions Ltd (NASDAQ:PANL ) Q1 2023 Earnings Conference Call May 11, 2023 8:00 AM ET Company Participants Noel Ryan - Vallum Advisors Mark Filanowski - CEO & Director Gianni Del Signore - CFO & Secretary Mads Petersen - COO Conference Call Participants Liam Burke - B. Riley Securities Charles Fratt - Alliance Global Partners Operator Good morning.

Pangaea Logistics Solutions Ltd (PANL) Q1 2023 Earnings Call Transcript

Pangaea Logistics (PANL) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.35 per share a year ago.

Pangaea Logistics (PANL) Q1 Earnings and Revenues Surpass Estimates

NEWPORT, R.I. , May 10, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2023

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NEWPORT, R.I. , May 3, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it will issue first quarter 2023 results after the market closes on Wednesday, May 10, 2023.

PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2023 CONFERENCE CALL DATE

NEWPORT, R.I. , May 1, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Announces Strategic Acquisition of Port and Terminal Operations

Bulk Prudence will be the 25th owned vessel in Pangaea's global fleet Pangaea expects to take delivery of the Bulk Prudence in the second quarter 2023 NEWPORT, R.I. , April 26, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd. Adds Capacity with the Acquisition of Dry Bulk Vessel

Pangaea Logistics Solutions Ltd (NASDAQ:PANL ) Q4 2022 Earnings Conference Call March 16, 2023 8:30 AM ET Company Participants Noel Ryan - Vallum Advisors Mark Filanowski - CEO Gianni Del Signore - CFO & Secretary Mads Petersen - COO Conference Call Participants Liam Burke - B. Riley Poe Fratt - AGP Operator Good morning.

Pangaea Logistics Solutions Ltd (PANL) Q4 2022 Earnings Call Transcript

NEWPORT, R.I. , March 15, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Three Months and Year Ended December 31, 2022

NEWPORT, R.I. , March 6, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it will issue fourth quarter and full year 2022 results after the market closes on Wednesday, March 15, 2023.

PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 CONFERENCE CALL DATE

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Pangaea Logistics Solutions, Ltd. is fighting the price downtrend in transportation and marine shipping stocks in late 2022. Ultra-low valuations at or near records for Pangaea Logistics Solutions stock are noteworthy, with a trailing P/E under 3x and large discount to book value present.

Pangaea Logistics: Giveaway Valuation And Rare Chart Strength

Pangaea Logistics Solutions Ltd (NASDAQ:PANL ) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Noel Ryan - Vallum Advisors Mark Filanowski - CEO & Director Gianni Del Signore - CFO & Secretary Mads Petersen - COO Conference Call Participants Charles Fratt - Alliance Global Partners Operator Ladies and gentlemen, greetings, and welcome to the Pangaea Logistics Solutions Third Quarter 2022 Results Conference Call. [Operator Instructions].

Pangaea Logistics Solutions Ltd (PANL) Q3 2022 Earnings Call Transcript

NEWPORT, R.I. , Nov. 9, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2022

NEWPORT, R.I. , Nov. 2, 2022  /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quarter 2022 results after the market closes on Wednesday, November 9, 2022.

PANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2022 CONFERENCE CALL AND WEBCAST DATE

Pangaea Logistics (PANL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Pangaea Logistics (PANL) Upgraded to Buy: Here's Why

Here is how Pangaea Logistics (PANL) and Teekay Tankers (TNK) have performed compared to their sector so far this year.

News for Pangaea Logistics Solutions Stock (PANL)