Overseas Shipholding Group Inc. (N:OSG)
Business Focus: Sea-Borne Tankers
| Sector: Energy | Industry: Oil & Gas Transportation Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | Two Harbour Place , 302 Knights Run Avenue, Suite 1200 TAMPA FL 33602 |
| Tel: | 1-813-2090620 |
| Website: | https://www.osg.com/corporate-profile/default.aspx |
| IR: | See website |
| Key People | ||
| Samuel H. Norton President, Chief Executive Officer, Director | Richard L. Trueblood Chief Financial Officer, Vice President | Patrick Joseph O'Halloran Chief Operations Officer, Vice President |
| Damon M. Mote Vice President, Chief Administrative Officer | Susan Allan Vice President, General Counsel, Company Secretary | |
| Business Overview |
| Overseas Shipholding Group, Inc. provides liquid bulk transportation services. The Company owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil, petroleum, and renewable transportation fuels in the United States Flag trade. Its United States Flag fleet consists of Suezmax crude oil tankers, conventional and lightering articulated tug barges (ATBs), shuttle and conventional medium range (MR) tankers, and non-Jones Act MR tankers that participate in the United States Tanker Security Program. It owns and operates a combined fleet of approximately 21 vessels all of which are registered in the United States. It primarily charters its vessels to customers for use over specific periods of time at fixed daily amounts contractually established through time charters. It also charters its vessels for specific voyages at spot rates. Its customers include independent oil traders, refinery operators and United States and international government entities. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Overseas Shipholding Group Inc. revenues decreased 3% to $451.9M. Net income increased from $26.6M to $62.5M. Revenues reflect Voyage charter revenues segment decrease of 59% to $35.5M. Net income reflects Charter hire expenses decrease of 27% to $65M (expense), Depreciation and amortization decrease of 5% to $67.2M (expense). Dividend per share totaled to $0.06. |
| Employees: | 1,078 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $762.86M as of Dec 31, 2023 |
| Annual revenue (TTM): | $451.87M as of Dec 31, 2023 |
| EBITDA (TTM): | $164.09M as of Dec 31, 2023 |
| Net annual income (TTM): | $62.46M as of Dec 31, 2023 |
| Free cash flow (TTM): | $72.17M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $309.55M as of Dec 31, 2023 |
| Shares outstanding: | 71,724,847 as of Apr 15, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.