Edition:
United Kingdom

Ocean Yield ASA (OCY.OL)

OCY.OL on Oslo Stock Exchange

71.00NOK
2:41pm BST
Change (% chg)

kr0.00 (+0.00%)
Prev Close
kr71.00
Open
kr71.10
Day's High
kr72.50
Day's Low
kr70.70
Volume
288,072
Avg. Vol
348,192
52-wk High
kr73.75
52-wk Low
kr63.00

Latest Key Developments (Source: Significant Developments)

Ocean Yield may issue 5-year NOK-denominated bond
Friday, 11 May 2018 

May 11 (Reuters) - Ocean Yield ASA ::HAS MANDATED DNB MARKETS (GLOBAL COORDINATOR), DANSKE BANK, FEARNLEY SECURITIES, NORDEA AND SEB TO ARRANGE A SERIES OF FIXED INCOME INVESTOR MEETINGS IN NORDIC REGION.A NOK DENOMINATED SENIOR UNSECURED BOND ISSUE WITH A 5 YEAR TENOR MAY FOLLOW.PROCEEDS FROM POTENTIAL BOND ISSUE WILL BE USED TO PARTLY REFINANCE OUTSTANDING BOND DEBT AND GENERAL CORPORATE PURPOSES.  Full Article

Ocean Yield ASA Contemplated Private Placement Of Up To 11 Million New Shares In Co
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Ocean Yield Asa ::OCEAN YIELD: CONTEMPLATED PRIVATE PLACEMENT.CONTEMPLATED PRIVATE PLACEMENT OF UP TO 11 MILLION NEW SHARES IN CO, CORRESPONDING TO ABOUT 7.4% OF CURRENT NUMBER OF OUTSTANDING SHARES.INTENDS TO APPLY NET PROCEEDS FROM PRIVATE PLACEMENT TO FINANCE INVESTMENTS IN VESSELS,.CONSUMMATION OF PRIVATE PLACEMENT IS CONDITIONAL UPON APPROVAL BY COMPANY'S BOARD OF DIRECTORS.  Full Article

Ocean Yield Q4 Net Profit After Tax $30.9 Mln​
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Ocean Yield Asa ::SAYS EBITDA FOR Q4 2017 WAS USD 80.4 MILLION, AND EBITDA ADJUSTED FOR FINANCE LEASE EFFECTS WAS USD 89.3 MILLION.‍DECLARED A DIVIDEND OF 0.1895 PER SHARE FOR Q4 2017​.‍NET PROFIT BEFORE TAX FOR Q4 2017 WAS USD 35.5 MILLION AND NET PROFIT AFTER TAX WAS USD 30.9 MILLION​.‍AT END OF Q4 2017 BACKLOG WAS $3.0 BILLION​.  Full Article

Ocean Yield In Negotiations Regarding Investment In Modern Vessels With Long Term Charters
Friday, 29 Dec 2017 

Dec 29 (Reuters) - OCEAN YIELD ASA ::IN NEGOTIATIONS REGARDING INVESTMENT IN MODERN VESSELS WITH LONG TERM CHARTERS.‍EXPECTS THAT FINAL DECISIONS WITH RESPECT TO THESE INVESTMENTS WILL BE MADE DURING NEXT FEW WEEKS​.  Full Article

Ocean Yield ASA​ reports Q3 net profit after tax of USD 31.3 mln
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Ocean Yield ASA -:Ocean Yield ASA says ‍EBIDTA for q3 2017 was USD 80.6 million​.Qtrly ‍net profit after tax was USD 31.3 million​.  Full Article

Ocean Yield Q2 net profit after tax $30.6 mln
Thursday, 13 Jul 2017 

July 13 (Reuters) - Ocean Yield ASA ::Q2 net profit before tax was USD 34.4 million.Ocean Yield - declared a dividend of usd 0.1875 per share for Q2 2017; an increase of 0.25 cents per share compared with previous quarter.Ocean Yield - Q2 net profit before tax was USD 34.4 million and net profit after tax was USD 30.6 million (Reuters poll $31.1 million).  Full Article

Ocean Yield announces investment in 2 vessels with long term charters to Aker BP ASA
Tuesday, 13 Jun 2017 

June 13 (Reuters) - OCEAN YIELD ASA ::ANNOUNCES INVESTMENT IN 2 VESSELS WITH LONG TERM CHARTERS TO AKER BP ASA.HAS AGREED TO ACQUIRE TWO PLATFORM SUPPLY VESSELS ("PSVS") FROM BP SHIPPING FOR A TOTAL CONSIDERATION OF USD 105.4 MILLION.BOTH VESSELS ARE ON LONG TERM CHARTERS TO AKER BP ASA ("AKER BP").VESSELS ARE EXPECTED TO BE DELIVERED TO A FULLY OWNED SUBSIDIARY OF OCEAN YIELD IN JUNE 2017.BAREBOAT CHARTER RATES ARE USD 17,253 PER DAY PER VESSEL, WHICH GIVES A CONTRIBUTION TO ANNUAL EBITDA OF USD 12.6 MILLION..  Full Article

Ocean Yield: Lewek Connector's extension of charter contract
Friday, 19 May 2017 

May 19 (Reuters) - OCEAN YIELD ASA :LEWEK CONNECTOR: EXTENSION OF CHARTER CONTRACT.CONNECTOR 1 AS (A WHOLLY OWNED SUBSIDIARY OF OCEAN YIELD) HAS NOW ENTERED INTO A CONTRACT FOR EXTENSION OF CHARTER FOR A FIRM PERIOD OF 3 MONTHS'.EXTENDED CHARTER PERIOD COMMENCES ON 1 JUNE 2017.  Full Article

Ocean Yield Q1 EBITDA $71.2 million
Tuesday, 9 May 2017 

May 9(Reuters) - OCEAN YIELD ASA ::Q1 REVENUE $78.6 MLN(REUTERS POLL $77.3 MLN).Q1 EBITDA $71.2 MLN(REUTERS POLL $69.8 MLN).Q1 EBITDA CHARTER BACKLOG $2.8 BLN VS $2.6 BLN LAST YR.AT THE END OF Q1 2017, OCEAN YIELD WILL HAVE 33 VESSELS DELIVERED AND ONE NEWBUILDING GAS VESSEL FOR DELIVERY IN JUNE/JULY 2017. .  Full Article

Aker-CEO buys 200,000 shares in Ocean Yield
Thursday, 2 Mar 2017 

Ocean Yield Asa : Erøy AS, a company controlled by Øyvind Eriksen, President and CEO of Aker ASA, the majority shareholder of Ocean Yield ASA has today acquired 200,000 shares in the Company at a purchase price of NOK 61.3534 per share. . Following this transaction, Erøy AS holds 200,000 shares in the Company, constituting 0.13% of the Company's shares and votes. . Laffen Holding AS, a company controlled by Olav Revhaug, general manager of TRG AS, Aker ASA's majority shareholder, has today acquired 100,000 shares in the Company at a purchase price of NOK 61.3534 per share. . Following this transaction, Laffen Holding AS holds 200,000 shares in the Company, constituting 0.13% of the Company's shares and votes. .  Full Article

BRIEF-‍Aker Capital pre-Subscribed for 5.5 mln new shares in Ocean Yield, but was allocated zero

* ‍AKER CAPITAL PRE-SUBSCRIBED FOR 5.5 MILLION NEW SHARES IN OCEAN YIELD, BUT WAS ALLOCATED ZERO NEW SHARES IN PRIVATE PLACEMENT DUE TO STRONG DEMAND​ Source text for Eikon: Further company coverage: (Reporting By Ole Petter Skonnord)