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Overseas Shipholding Group, Inc. (OSGB)

- NYSEMKT
  • Aug. 29, 2011, 10:18 AM
    FBR Capital slashes its PT on shares of Frontline (FRO -5%) to $8, as the firm's fleet of 70 tankers makes it tricky to steer through an industry slump. Potentially better-positioned rivals are posting healthy gains including DryShips (DRYS +6.2%), Overseas Shipholding (OSG +6.2%) and Seaspan (SSW +3.3%).
    | Aug. 29, 2011, 10:18 AM | Comment!
  • Aug. 10, 2011, 7:52 AM
    FBR downgrades "high beta" tanker stocks OSG, FRO and GMR to Market Perform, saying the trio is vulnerable to macroeconomic risks which could "depress demand and slow the tightening of the tanker market." Converesly, firm upgrades NAT to Outperform, lauding its "healthy dividend yield, firm fiscal footing, and disciplined management." FRO -2.5% premarket.
    | Aug. 10, 2011, 7:52 AM | 2 Comments
  • Aug. 3, 2011, 11:40 AM
    Shipping stocks take a beating as overcapacity, slow demand and price cuts on large commodity transports kick in to pressure profits. Analysts at Deutsche and Jefferies add to the negative mix with sector downgrades. Select shipping stocks faltering: OSG -6.1% DRYS -4.2% NM -5.8% PRGN -3.6% DSX -1.9%.
    | Aug. 3, 2011, 11:40 AM | 2 Comments
  • Mar. 9, 2011, 1:53 PM
    Credit Suisse sees a stock opportunity in Libya's chaos: Overseas Shipbuilding Group (OSG +1.3%) has tankers in the right place at the right time and could benefit as the rates paid to shippers rise. Disruptions in Libyan oil shipments means Europe will depend increasingly on oil deliveries from West Africa and the Arabian Gulf.
    | Mar. 9, 2011, 1:53 PM | 2 Comments
  • Feb. 3, 2011, 3:25 PM
    The plunge in the Baltic Dry Index says more about overcapacity in the tanker industry than the direction of the world economy. A JP Morgan analyst sees demand for space growing at a healthy 8.1% this year, but capacity growing even faster. BALT -0.5%. DSX +0.7%. SEA +0.04%.
    | Feb. 3, 2011, 3:25 PM | 1 Comment
  • Jan. 28, 2011, 4:48 PM
    Shares of tankers and shippers surged today as investors bet on a shutdown of the Suez Canal: GMR +10.3%, FRO +7.7%, OSG +6%. But Dennis Gartman has his eye on the entire Middle East, with early unrest in Yemen and potentially spreading to oil-rich Iran. He thinks Canada could benefit, with Suncor Energy (SU +3%) the "best play" on Canadian oil.
    | Jan. 28, 2011, 4:48 PM | 1 Comment
  • Nov. 2, 2010, 6:53 AM
    Overseas Shipholding (OSG): Q3 EPS of -$0.89 beats by $0.17. Revenue of $260M (+6.7%) vs. $233M. (PR)
    | Nov. 2, 2010, 6:53 AM | Comment!
  • Nov. 2, 2010, 12:05 AM
    Notable earnings before Tuesday's open: ABC, ADM, AMSC, BBG, BP, CAB, CAM, CFN, CLX, CVLT, DGI, DTG, EME, EMR, EMS, EXPD, FDP, GAS, GET, GWR, HAR, HCP, IPXL, JOE, K, KDN, MA, MD, MHS, MLM, MMP, MPEL, MRO, NEM, NUS, NYX, OSG, OZM, PFE, PRGO, RBA, RDC, SHOO, SPR, TEVA, THC, TLM, UAM, VNO, VSH, WST
    | Nov. 2, 2010, 12:05 AM | Comment!
  • Jul. 21, 2010, 8:53 AM
    JPMorgan updates its ratings on tanker companies, upgrading Frontline (FRO +2.7%), Overseas Shipholding (OSG +1.4%) and General Maritime (GMR +2.7%), and downgrading Tsakos Energy Navigation (TNP -1.7%), Ship Finance International (SFL -3.1%) and Capital Product Partners (CPLP).
    | Jul. 21, 2010, 8:53 AM | Comment!
  • Mar. 5, 2010, 9:00 AM
    Premarket gainers: ITMN +81%. AIB +13%. TIVO +8%. IRE +6%. CPBY +6%. GNVC +4%. AGT +4%.
    Losers: GPRE -6%. CNXT -6%. NG -5%. OSG -4%.
    | Mar. 5, 2010, 9:00 AM | Comment!
  • Aug. 5, 2009, 7:11 AM
    Overseas Shipholding Group (OSG): Q2 EPS of -$0.29 beats by $0.37. Revenue of $283M (-34%) vs. $260M. (PR)
    | Aug. 5, 2009, 7:11 AM | Comment!
  • Aug. 5, 2009, 12:05 AM
    Notable earnings before Wednesday's open: AGU, AVT, AXL, BHI, BYD, CNP, DF, DVN, EXM, FIG, FWLT, GRMN, MMC, OC, OSG, PCG, PG, PQ, PWR, RDN, RIG, RL, RRD, XTO
    | Aug. 5, 2009, 12:05 AM | Comment!
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Company Description
Overseas Shipholding Group Inc through its subsidiaries owns and operates a fleet of oceangoing vessels engaged in the transportation of liquid cargoes in the international market and the U.S. Flag trades.
Sector: Services
Industry: Shipping
Country: United States