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Golden Ocean Group Limited - $GOGL STOCK NEWS

Welcome to our dedicated page for Golden Ocean Group news (Ticker: $GOGL), a resource for investors and traders seeking the latest updates and insights on Golden Ocean Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Golden Ocean Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Golden Ocean Group's position in the market.

News
Rhea-AI Summary
Golden Ocean Group Limited (GOGL) reported a net income of $28.7 million and earnings per share of $0.14 for Q3 2023. The company achieved an adjusted EBITDA of $78.9 million, with reported TCE rates for Capesize and Panamax/Supramax vessels at $18,173 and $15,389 per day, respectively. Golden Ocean also entered into back-to-back agreements to buy and sell a Supramax vessel, completed the sale of one Panamax vessel, and repurchased 125,000 shares. Estimated TCE rates for the fourth quarter of 2023 and the first quarter of 2024 were also provided, along with a cash dividend of $0.10 per share for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.77%
Tags
-
Rhea-AI Summary
Golden Ocean Group Limited (GOGL) will release its Q3 2023 financial results on November 21, 2023, followed by a conference call and webcast. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm. Participants can access the webcast or register for the conference call to listen to the presentation. A Q&A session will follow the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
conferences earnings
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Rhea-AI Summary
Golden Ocean Group Limited extends share buy-back program for 12 months, repurchasing 1,507,328 shares for $11,629,758. CEO cites discount in stock price and plans to utilize program as part of capital allocation strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
none
Rhea-AI Summary
CFO Peder Simonsen to present Golden Ocean Group Limited at Pareto Securities' Energy Conference today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
none
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News
Rhea-AI Summary
Golden Ocean Group Limited presents its second quarter 2023 results. Webcast and conference call available. Q&A session included.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
Tags
-
News
Rhea-AI Summary
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) reported net income of $34.9 million and earnings per share of $0.17 for Q2 2023, compared to a net loss of $8.8 million and loss per share of $0.04 in Q1 2023. Adjusted EBITDA increased to $80.4 million. TCE rates for Capesize and Panamax/Ultramax vessels were $19,083 and $15,617 per day, respectively. The company completed the acquisition of six Newcastlemax vessels and took delivery of four Kamsarmax newbuildings. They also entered into a $40.0 million facility agreement. Estimated TCE rates for Q3 2023 are $18,300 for Capesize and $13,510 for Panamax, and for Q4 2023 are $21,500 for Capesize and $16,500 for Panamax. The company repurchased shares and announced a cash dividend of $0.10 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
Tags
Rhea-AI Summary
Golden Ocean Group Limited will publish its Q2 2023 financial results on August 29, 2023. A conference call and webcast will be held at 3:00 P.M. CEST on the same day. Q&A session will be available. Visit www.goldenocean.bm for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
conferences earnings
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Rhea-AI Summary
Golden Ocean Group Limited (GOGL) has announced the purchase of 45,000 of its own common stocks as part of its share buy-back program. 30,000 shares were bought on the Oslo Stock Exchange at an average price of NOK 74.52 per share, and 15,000 shares were bought on Nasdaq at an average price of USD 7.44 per share. Following these transactions, GOGL now owns a total of 1,812,328 of its own shares, corresponding to 0.90% of the Company's share capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
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Rhea-AI Summary
Golden Ocean Group Limited (GOGL) Commences $100 Million Share Buy-Back Program, Purchases 10,000 Common Shares at NOK 78.59 Each
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
none
Rhea-AI Summary
Golden Ocean Group Limited has announced the completion of its share buy-back program, purchasing 95,000 of its own common stocks. The company now owns a total of 1,757,328 of its own shares, corresponding to 0.87% of the Company’s share capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
none
Golden Ocean Group Limited

Nasdaq:GOGL

GOGL Rankings

GOGL Stock Data

2.99B
120.57M
39.63%
31.67%
1.74%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
14 Par La Ville Road

About GOGL

golden ocean management as is an international trade and development company based out of calle laguna del marquesado nª 19, nave 16 edificio adriana 1ª planta, polígono industrial la resina (villaverde), madrid, community of madrid, spain.