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Golden Ocean Group Ltd (GOGLT.OL)

GOGLT.OL on Oslo Stock Exchange

45.42NOK
10:21am BST
Change (% chg)

kr0.84 (+1.88%)
Prev Close
kr44.58
Open
kr44.68
Day's High
kr45.78
Day's Low
kr44.68
Volume
403,825
Avg. Vol
1,135,439
52-wk High
kr83.30
52-wk Low
kr38.26

Latest Key Developments (Source: Significant Developments)

Golden Ocean On May 28, 2019 Purchased 50,000 Of Co's Own Common Stocks At An Average Price Of NOK 44.68 Per Share
Tuesday, 28 May 2019 

May 28 (Reuters) - Golden Ocean Group Ltd ::GOLDEN OCEAN - ON MAY 28, 2019 PURCHASED 50,000 OF CO'S OWN COMMON STOCKS, SHARES BOUGHT AT AN AVERAGE PRICE OF NOK 44.68 PER SHARE.  Full Article

Golden Ocean sees weaker Q2 earnings vs Q1
Wednesday, 22 May 2019 

May 22 (Reuters) - Golden Ocean Group Ltd ::Q1 LOSS PER SHARE $0.05.Q1 EARNINGS PER SHARE ESTIMATE $-0.05 -- REFINITIV IBES DATA.GOLDEN OCEAN Q1 NET RESULT -$7.5 MILLION (REUTERS POLL -$10.9 MILLION).GOLDEN OCEAN Q1 ADJUSTED EBITDA $36.0 MILLION (REUTERS POLL $27.9 MILLION).GOLDEN OCEAN Q1 DIVIDEND $0.025 PER SHARE (REUTERS POLL $0.03).LOOKING AHEAD, IT IS LIKELY THAT THE RESULT IN THE SECOND QUARTER WILL BE WEAKER THAN IN THE FIRST QUARTER, AS FIXTURES DONE IN FEBRUARY AND MARCH WILL NEGATIVELY IMPACT THE QUARTER.IN ADDITION, AN INCREASED NUMBER OF VESSELS ARE SCHEDULED FOR DRY DOCKING IN THE SECOND QUARTER.Q1 RESULTS REFLECT A WEAKER MARKET ENVIRONMENT BROUGHT ABOUT BY DISRUPTIONS IN IRON ORE TRADE AND CONTINUED UNCERTAINTY DUE TO TRADE TENSIONS.Q1 RESULTS REFLECT A WEAKER MARKET ENVIRONMENT BROUGHT ABOUT BY DISRUPTIONS IN IRON ORE TRADE AND CONTINUED UNCERTAINTY DUE TO TRADE TENSIONS.WITH IMO2020 APPROACHING WE BELIEVE BENEFIT OF HAVING A MODERN, FUEL EFFICIENT FLEET WILL CONTINUE TO BE A COMPETITIVE ADVANTAGE IN MARKET.VERY PLEASED TO ANNOUNCE THAT WE HAVE REFINANCED DEBT RELATED TO 14 VESSELS ACQUIRED IN 2017. REFINANCING WAS DONE AT FAVORABLE TERMS WITH BOTH EXISTING AND NEW LENDERS.REFINANCING REDUCES COST OF DEBT FOR THESE VESSELS FROM A MARGIN OF 310 BPS TO 212 BPS.EXTENDS AMORTIZATION PROFILE, WHICH REDUCES COMPANY'S DAILY RUNNING CASH BREAK EVEN RATES BY $1,300 FOR THESE 14 VESSELS AND BY $200 FOR ENTIRE FLEET.  Full Article

Baltic Index Rises 2.3 Pct To 889 Points
Friday, 26 Apr 2019 

April 26 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 2.3 PERCENT, OR 20 POINTS, TO 889 POINTS.  Full Article

Baltic Index Rises 3 Pct To 790 Points
Thursday, 18 Apr 2019 

April 18 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 3 PERCENT, OR 23 POINTS, TO 790 POINTS.  Full Article

Baltic Index Rises 2.4 Pct to 767 Points
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 2.4 PERCENT, OR 18 POINTS, TO 767 POINTS.  Full Article

Baltic Index Rises 1.5 Pct To 749 Points
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 1.5 PERCENT, OR 11 POINTS, TO 749 POINTS.  Full Article

Baltic Index Rises 1.7 Pct To 738 Points
Monday, 15 Apr 2019 

April 15 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 1.7 PERCENT, OR 12 POINTS, TO 738 POINTS.  Full Article

Baltic Index Falls 0.8 Pct to 728 Points
Thursday, 11 Apr 2019 

April 11 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::FALLS 0.8 PERCENT, OR 6 POINTS, TO 728 POINTS.  Full Article

Baltic Index Rises 1.5 Pct to 725 Points
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 1.5 PERCENT, OR 11 POINTS, TO 725 POINTS.  Full Article

Baltic Index Rises 4 Pct to 699 Points
Thursday, 4 Apr 2019 

April 4 (Reuters) - Baltic Exchange's Main Sea Freight Index <.BADI>::RISES 4 PERCENT, OR 27 POINTS, TO 699 POINTS.  Full Article

UPDATE 2-Top fish farmer Mowi's Q1 earnings lag forecast

* Norway unit's earnings margin lower than expected (Adds margins, background, bullets)