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.
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 • 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)
10-K/A
2023 FY
Annual report (amended)
25 Mar 24
8-K
Overseas Shipholding Group Declares Dividend
14 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results
11 Mar 24
8-K
Other Events
29 Jan 24
8-K
Declares Dividend and Increases Share Repurchase Program
7 Dec 23
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Overseas Shipholding Group Reports Third Quarter 2023 Results
6 Nov 23
8-K
Announces Off-Market Warrant Repurchase
15 Sep 23
8-K
Announces Off-Market Share Repurchase
29 Aug 23
Transcripts
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 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
OSG
Earnings call transcript
2021 Q4
9 Mar 22
OSG
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 97.60 mm | 97.60 mm | 97.60 mm | 97.60 mm | 97.60 mm | 97.60 mm |
Cash burn (monthly) | 2.78 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 16.65 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 80.95 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 29.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
76.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 99 |
Opened positions | 12 |
Closed positions | 10 |
Increased positions | 37 |
Reduced positions | 33 |
13F shares | Current |
---|---|
Total value | 163.30 bn |
Total shares | 53.97 mm |
Total puts | 5.20 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Saltchuck Resources | 15.20 mm | $41.35 mm |
Cyrus Capital Partners | 7.11 mm | $31.22 bn |
Dimensional Fund Advisors | 4.86 mm | $21.32 bn |
BLK Blackrock | 4.19 mm | $18.37 bn |
Vanguard | 3.02 mm | $13.26 bn |
Janney Montgomery Scott | 1.43 mm | $6.28 mm |
Renaissance Technologies | 1.26 mm | $5.52 bn |
Geode Capital Management | 1.25 mm | $5.48 bn |
Fuller & Thaler Asset Management | 1.18 mm | $5.18 bn |
D. E. Shaw & Co. | 1.08 mm | $4.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Damon Mote | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.29 | 5,076 | 31.93 k | 409,709 |
22 Mar 24 | Damon Mote | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 12,901 | 0.00 | 414,785 |
22 Mar 24 | Damon Mote | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.29 | 7,005 | 44.06 k | 401,884 |
22 Mar 24 | Damon Mote | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 17,801 | 0.00 | 408,889 |
22 Mar 24 | Damon Mote | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.29 | 6,674 | 41.98 k | 391,088 |
22 Mar 24 | Damon Mote | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 23,525 | 0.00 | 397,762 |
22 Mar 24 | Damon Mote | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.29 | 3,874 | 24.37 k | 374,237 |
22 Mar 24 | Damon Mote | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 15,908 | 0.00 | 378,111 |
22 Mar 24 | Damon Mote | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 12,901 | 0.00 | 21,503 |
22 Mar 24 | Damon Mote | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 17,801 | 0.00 | 35,604 |
Press releases
Overseas Shipholding Group Declares Dividend
14 Mar 24
Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results
11 Mar 24
Overseas Shipholding Group to Announce Fourth Quarter and Full Year 2023 Results on March 11, 2024
1 Mar 24
Overseas Shipholding Group Pledges $90,000 to Massachusetts Maritime Academy Foundation
10 Jan 24