Overseas Shipholding Group, Inc. is a publicly traded company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets. OSG is a major operator of tankers and ATBs in the Jones Act industry. With the addition of this barge, OSG's 22 vessel U.S. Flag fleet consists of three crude oil tankers doing business in Alaska, two conventional ATBs, two lightering ATBs, three shuttle tankers, ten MR tankers, and two non-Jones Act MR tankers that participate in the U.S. Maritime Security Program. OSG also owns and operates two Marshall Islands flagged MR tankers which trade internationally. OSG is committed to setting high standards of excellence for its quality, safety and environmental programs and is recognized as one of the world's most customer-focused marine transportation companies. OSG is headquartered in Tampa, FL.
Company profile
Ticker
OSG, OGSRW
Exchange
Website
CEO
Samuel H. Norton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teekay • Atlas • Seaspan • Danaos • Seacor • SFL • Navios Maritime • Genco Shipping & Trading Limited • Tsakos Energy Navigation Limited • Costamare ...
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)
8-K
Announces Share Repurchase Program
17 Mar 23
10-K
2022 FY
Annual report
9 Mar 23
8-K
Overseas Shipholding Group Reports Fourth Quarter and Full Year 2022 Results
9 Mar 23
8-K
Overseas Shipholding Group Announces Charter Option Extensions for Vessels Leased from American Shipping Company
8 Dec 22
8-K
Announces Share Repurchase
15 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Overseas Shipholding Group Reports Third Quarter 2022 Results
3 Nov 22
S-8
Registration of securities for employees
8 Aug 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
8-K
Overseas Shipholding Group Reports Second Quarter 2022 Results
8 Aug 22
Transcripts
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
OSG
Earnings call transcript
2021 Q4
9 Mar 22
OSG
Earnings call transcript
2021 Q3
9 Nov 21
OSG
Earnings call transcript
2021 Q2
7 Aug 21
OSG
Earnings call transcript
2021 Q1
10 May 21
OSG
Earnings call transcript
2020 Q4
7 Apr 21
OSG
Earnings call transcript
2020 Q3
6 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| 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) | 78.73 mm | 78.73 mm | 78.73 mm | 78.73 mm | 78.73 mm | 78.73 mm |
| Cash burn (monthly) | (no burn) | 383.50 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 1.13 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 77.60 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 202.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
66.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 60 |
| Opened positions | 16 |
| Closed positions | 9 |
| Increased positions | 20 |
| Reduced positions | 11 |
| 13F shares | Current |
|---|---|
| Total value | 150.32 mm |
| Total shares | 51.89 mm |
| Total puts | 0.00 |
| Total calls | 77.90 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Saltchuck Resources | 15.20 mm | $41.35 mm |
| Cyrus Capital Partners | 7.32 mm | $21.75 mm |
| Paulson & Co. | 5.72 mm | $17.00 mm |
| Dimensional Fund Advisors | 3.92 mm | $11.64 mm |
| Dumac | 3.66 mm | $10.87 mm |
| Vanguard | 2.94 mm | $8.72 mm |
| Janney Montgomery Scott | 1.45 mm | $4.29 mm |
| BLK Blackrock | 1.43 mm | $4.23 mm |
| Fuller & Thaler Asset Management | 1.22 mm | $3.61 mm |
| D. E. Shaw & Co. | 1.05 mm | $3.12 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Mar 23 | Samuel H Norton | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.71 | 32,233 | 119.58 k | 2,643,296 |
| 24 Mar 23 | Samuel H Norton | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 81,913 | 0.00 | 2,675,529 |
| 24 Mar 23 | Samuel H Norton | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.71 | 33,341 | 123.70 k | 2,593,616 |
| 24 Mar 23 | Samuel H Norton | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 84,728 | 0.00 | 2,626,957 |
| 24 Mar 23 | Samuel H Norton | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 81,913 | 0.00 | 327,656 |
| 24 Mar 23 | Samuel H Norton | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 84,728 | 0.00 | 169,459 |
| 24 Mar 23 | Susan Allan | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.71 | 1,721 | 6.38 k | 267,380 |
| 24 Mar 23 | Susan Allan | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 7,065 | 0.00 | 269,101 |
| 24 Mar 23 | Susan Allan | Class A Common Stock | Payment of exercise | Dispose F | No | No | 3.71 | 3,597 | 13.34 k | 262,036 |
| 24 Mar 23 | Susan Allan | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 14,772 | 0.00 | 265,633 |