Entering text into the input field will update the search result below

Golden Ocean: It Does Look Like Stars Are Aligning

May 03, 2022 11:14 AM ETGolden Ocean Group Limited (GOGL)30 Comments
Tudor Invest Holdings profile picture
Tudor Invest Holdings


  • Golden Ocean is well positioned to take advantage of strong rates with their large modern fleet.
  • Trade route disruptions and lackluster interest to order new ships should bode well for the company.
  • Very high dividend could continue but history tells us that it is not stable.

ship in port

CaraMaria/iStock via Getty Images

Golden Ocean logo

Golden Ocean logo (Golden Ocean investor relation home page)

Investment thesis

Since my last article on Golden Ocean (NASDAQ:GOGL) back in November of last year, the share price has gone up 58%.

Golden Ocean up 58% since Nov 2021

Golden Ocean up

Golden Ocean - 5 year dividend history

Golden Ocean - 5 year dividend history (Data from GOGL. Graph by author)

Dry Bulkcarrier - Fleet growth

Dry Bulk carrier - Fleet growth (GOGL - presentation )

Wheat exports as of 2020

Wheat exports as of 2020 (Wikipedia)

GOGL - SA Quant Rating

GOGL - SA Quant Rating (Seeking Alpha)

This article was written by

Tudor Invest Holdings profile picture
Tudor Investment Holdings Private Limited is a Singapore based investment company. Its investments are in commercial real estate and managing a global portfolio of investments in equities and bonds.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.