Q3 2018 GOGL
Q3 2018 GOGL
Net income of $35.3 million and earnings per share of $0.24 for the third quarter of 2018, compared with net income of $9.0 million and earnings per share of $0.06 for the second quarter of 2018 and net income of $0.4 million and earnings per share of $0.00 for the third quarter of 2017.
▪ Adjusted EBITDA1 of $78.8 million for the third quarter of 2018, compared with $54.0 million for the second quarter of 2018 and $40.4 million for the third quarter of 2017.
▪ Declared the first four options to install exhaust gas scrubbers on Capesize vessels in addition to previously announced contracts to install scrubbers on 16 Capesize vessels.
▪ Announced a cash dividend of $0.15 per share for the third quarter of 2018, the Company’s fourth consecutive quarterly dividend.
Vartdal:
"Golden Ocean’s third quarter result reflects a strong rate environment during the summer, particularly for Capesize vessels. The result also reflects the competitive advantage of our modern, fuel efficient fleet. Our focus on operational efficiency resulted in stable costs and low offhire during the quarter, which also contributed positively to our results. The Company’s operating cash flow during the quarter further strengthened our balance sheet, and we took advantage of market volatility to secure incremental time charter coverage prior to the recent drop in rates. We have further strengthened our fleet’s competitive advantage by declaring options for additional scrubbers. A large part of our Capesize fleet that have exposure to fuel cost will be retrofitted with scrubbers, and is expected to significantly increase the company’s cash generation from 2020 and onwards."
Net income of $35.3 million and earnings per share of $0.24 for the third quarter of 2018, compared with net income of $9.0 million and earnings per share of $0.06 for the second quarter of 2018 and net income of $0.4 million and earnings per share of $0.00 for the third quarter of 2017.
▪ Adjusted EBITDA1 of $78.8 million for the third quarter of 2018, compared with $54.0 million for the second quarter of 2018 and $40.4 million for the third quarter of 2017.
▪ Declared the first four options to install exhaust gas scrubbers on Capesize vessels in addition to previously announced contracts to install scrubbers on 16 Capesize vessels.
▪ Announced a cash dividend of $0.15 per share for the third quarter of 2018, the Company’s fourth consecutive quarterly dividend.
Vartdal:
"Golden Ocean’s third quarter result reflects a strong rate environment during the summer, particularly for Capesize vessels. The result also reflects the competitive advantage of our modern, fuel efficient fleet. Our focus on operational efficiency resulted in stable costs and low offhire during the quarter, which also contributed positively to our results. The Company’s operating cash flow during the quarter further strengthened our balance sheet, and we took advantage of market volatility to secure incremental time charter coverage prior to the recent drop in rates. We have further strengthened our fleet’s competitive advantage by declaring options for additional scrubbers. A large part of our Capesize fleet that have exposure to fuel cost will be retrofitted with scrubbers, and is expected to significantly increase the company’s cash generation from 2020 and onwards."
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KJEPET
20.11.2018 kl 08:45
2674
Driftsresultat på $50,85 m, hele 31% over forventning. Deilig å se at fru Vartdal lar resultatet tale for seg, og leverer et knallresultat. Tar av meg hatten :-)
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Dette var meget solid og med utbytte. Tror GOGL kommer sterkt utover dagen og passerer også kr 60 før slutt?
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Ned 4,79% #Blackweek, 70% på alt innen shipping.
Kjøp nå og få med en "I love TradeWars" T-skjorte
Kjøp nå og få med en "I love TradeWars" T-skjorte
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Realistoptimist
20.11.2018 kl 11:11
2070
Hvilke datoer gjelder for kommende utbytte?
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Volf
20.11.2018 kl 16:41
1798
GOGL - Key information relating to the dividend for the third quarter\, 2018
Key information relating to the dividend to be paid by
Golden Ocean Group Limited for the third quarter 2018:
Dividend amount: $ 0.15
Declared currency: USD
Last day including right: 4 December, 2018
Ex-date: 5 December, 2018
Record date: 6 December, 2018
Payment date: On or about 20 December, 2018
Date of approval: 20 November, 2018
Se nyhetdetaljer og vedlegg (www.newsweb.no)
Key information relating to the dividend to be paid by
Golden Ocean Group Limited for the third quarter 2018:
Dividend amount: $ 0.15
Declared currency: USD
Last day including right: 4 December, 2018
Ex-date: 5 December, 2018
Record date: 6 December, 2018
Payment date: On or about 20 December, 2018
Date of approval: 20 November, 2018
Se nyhetdetaljer og vedlegg (www.newsweb.no)
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eriksu2
20.11.2018 kl 16:49
1771
Hei Volf trur du fortsatt vi skal ned til 47?
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