overseas shipholding group, inc. is a leading provider of energy transportation services delivering crude oil and petroleum products throughout the united states and the world. founded in 1948, osg has operated through multiple shipping cycles, adjusting our business as needed to compete and succeed. our well-maintained fleet, and commitment to high quality, incident-free service, has positioned us as a preferred energy transportation provider to major oil companies, refiners and traders.
![Overseas Shipholding Group, Inc. - Ordinary Shares logo](https://files.capedge.com/8-K/0000075208-18-000103/osgprlogoa04.jpg)
Company profile
Ticker
OSG
Exchange
Website
CEO
Samuel H. Norton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teekay • Atlas • Seaspan • Danaos • Seacor • SFL • Navios Maritime • Costamare • Tsakos Energy Navigation Limited • Genco Shipping & Trading Limited ...
SEC CIK
Corporate docs
Subsidiaries
Akun Island LLC • Alaska Tanker Company, LLC • Aptamus LLC • Kiska Island LLC • Maritrans General Partner Inc. • Maritrans Operating Company L.P. • Mykonos Tanker LLC • OSG 204 LLC • OSG 205 LLC • OSG Alaska LLC ...
IRS number
132637623
OSG stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
22 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Jul 24
25-NSE
Exchange delisting
10 Jul 24
8-K
Saltchuk Welcomes Overseas Shipholding Group to Its Family of Companies
10 Jul 24
SC 14D9/A
Tender offer solicitation (amended)
10 Jul 24
SC TO-T/A
Third party tender offer statement (amended)
10 Jul 24
Transcripts
OSG
Earnings call transcript
2024 Q1
10 May 24
OSG
Earnings call transcript
2023 Q4
11 Mar 24
OSG
Earnings call transcript
2023 Q3
6 Nov 23
OSG
Earnings call transcript
2023 Q2
7 Aug 23
OSG
Earnings call transcript
2023 Q2
7 Aug 23
OSG
Earnings call transcript
2023 Q1
8 May 23
OSG
Earnings call transcript
2022 Q4
9 Mar 23
OSG
Earnings call transcript
2022 Q3
4 Nov 22
OSG
Earnings call transcript
2022 Q2
8 Aug 22
OSG
Earnings call transcript
2022 Q1
9 May 22
Latest ownership filings
SC 13G
GLAZER CAPITAL, LLC
12 Jul 24
SC 13D/A
Saltchuk Resources, Inc.
11 Jul 24
4
Patrick Joseph O'Halloran
11 Jul 24
4
Samuel H Norton
11 Jul 24
4
Damon Mote
11 Jul 24
4
JULIE SILCOCK
11 Jul 24
4
Elaine Goodman Luria
11 Jul 24
4
Joseph Isaac Kronsberg
11 Jul 24
4
DOUGLAS D WHEAT
11 Jul 24
4
Gary Eugene Taylor
11 Jul 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 82.20 mm | 82.20 mm | 82.20 mm | 82.20 mm | 82.20 mm | 82.20 mm |
Cash burn (monthly) | (no burn) | 1.82 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 7.05 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 75.15 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 41.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
25.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 31 |
Opened positions | 27 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 7.85 bn |
Total shares | 18.26 mm |
Total puts | 0.00 |
Total calls | 31.20 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Saltchuck Resources | 15.20 mm | $88.64 mm |
Janney Montgomery Scott | 1.37 mm | $8.80 mm |
Empowered Funds | 370.12 k | $2.37 bn |
Gsa Capital Partners | 258.55 k | $1.66 mm |
BK Bank Of New York Mellon | 258.12 k | $1.65 bn |
Susquehanna International | 250.86 k | $1.61 bn |
LSV Asset Management | 145.80 k | $933.00 k |
Marquette Asset Management | 81.62 k | $522.34 mm |
Ritholtz Wealth Management | 60.42 k | $386.71 mm |
Semanteon Capital Management | 47.94 k | $306.80 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Jul 24 | Damon Mote | Class A Common Stock | Dispose U | No | No | 8.5 | 409,709 | 3.48 mm | 0 | |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 15,334 | 130.34 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 15,334 | 130.34 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 26,703 | 226.98 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 26,703 | 226.98 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 52,931 | 449.91 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 52,931 | 449.91 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 30,668 | 260.68 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 35,604 | 302.63 k | 0 |
10 Jul 24 | Damon Mote | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 8.5 | 23,525 | 199.96 k | 0 |
News
Market-Moving News for June 11th
11 Jun 24
Top 3 Energy Stocks That May Fall Off A Cliff In Q2
7 Jun 24
Overseas Shipholding, Micron, Squarespace, Incyte And Other Big Stocks Moving Higher On Monday
20 May 24
Why Overseas Shipholding Shares Are Rocketing Premarket Monday
20 May 24
Overseas Shipholding Group Enters Into a Definitive Agreement to Be Acquired by Saltchuk Resources for $8.50/ Share in Transaction Valued at $950M
20 May 24
Press releases
Shareholder Alert: Ademi LLP continues to investigate whether Overseas Shipholding Group, Inc. obtained a Fair Price for its Public Shareholders in its recently closed transaction with Saltchuk
16 Jul 24
Saltchuk Welcomes Overseas Shipholding Group to Its Family of Companies
10 Jul 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SHCR, AGR, SQSP, OSG on Behalf of Shareholders
3 Jul 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AGR, OSG, AGS on Behalf of Shareholders
18 Jun 24
Saltchuk Resources, Inc. and Overseas Shipholding Group, Inc. Announce Commencement of Tender Offer for All Issued and Outstanding Shares of Overseas Shipholding Group, Inc. (NYSE:OSG)
17 Jun 24