Golden Ocean Group Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	no data
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO

Golden Ocean Group has no CEO, or we have no data on them.

Board Members

Name	Position	Tenure	Compensation	Ownership
John Fredriksen	Director	9.8yrs	no data	no data
Ola Lorentzon	Independent Chairman of the Board	28.3yrs	no data	0.0084% € 141.3k
James O'Shaughnessy	Independent Director	6.3yrs	no data	no data
Cato Stonex	Independent Director	less than a year	no data	no data
Ben Mills	Director	3.3yrs	no data	no data

6.3yrs

Average Tenure

61yo

Average Age

Experienced Board: KT31's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 16:17
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Golden Ocean Group Limited is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Glenn Lodden	ABN AMRO Bank N.V.
Gregory Lewis	BTIG
Marius Furuly	Carnegie Investment Bank AB

Golden Ocean Group Management

Management criteria checks 1/4

Key information

Recent management updates

Insider recently sold €2.3m worth of stock

Less than half of directors are independent

Golden Ocean Group Ltd. Announces the Appointment of Cato Stonex as Director

Less than half of directors are independent

Golden Ocean Group Limited Announces Resignation of Tor Svelland as Director

Less than half of directors are independent

Recent updates

Golden Ocean Group Limited Announces Dividend for the third Quarter of 2024, Payable on or About December 18, 2024

Investor sentiment improves as stock rises 17%

Second quarter dividend of US$0.30 announced

Second quarter 2024 earnings released: EPS: US$0.31 (vs US$0.17 in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

Investor sentiment deteriorates as stock falls 15%

New major risk - Share price stability

First quarter dividend of US$0.30 announced

First quarter 2024 earnings released: EPS: US$0.33 (vs US$0.044 loss in 1Q 2023)

New major risk - Share price stability

Insider recently sold €2.3m worth of stock

Upcoming dividend of US$0.30 per share

Fourth quarter dividend of US$0.30 announced

Full year 2023 earnings released: EPS: US$0.56 (vs US$2.30 in FY 2022)

Investor sentiment improves as stock rises 21%

Golden Ocean Group Limited Announces Dividend for the Fourth Quarter of 2023, Payable on or About 25 March, 2024

Less than half of directors are independent

Golden Ocean Group Ltd. Announces the Appointment of Cato Stonex as Director

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: US$0.14 (vs US$0.52 in 3Q 2022)

Golden Ocean Group Limited Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 13, 2023

Golden Ocean Group Limited Announces Cash Dividend for the Second Quarter of 2023, Payable on or About September 19, 2023

Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.82 in 2Q 2022)

Now 24% undervalued after recent price drop

Now 24% undervalued after recent price drop

Golden Ocean Group Limited Announces Impairment Charges for the First Quarter of 2023

First quarter 2023 earnings released: US$0.04 loss per share (vs US$0.63 profit in 1Q 2022)

Golden Ocean Group Limited Announces Cash Dividend for the First Quarter of 2023, Payable on or About June 6, 2023

Full year 2022 earnings released: EPS: US$2.30 (vs US$2.74 in FY 2021)

Full year 2022 earnings released: EPS: US$2.30 (vs US$2.74 in FY 2021)

Golden Ocean Group Limited Announces Dividend for the Fourth Quarter of 2022, Payable on or About 9 March, 2023

Golden Ocean Group Limited to Report First Half, 2023 Results on Aug 31, 2023

Third quarter 2022 earnings released: EPS: US$0.52 (vs US$0.97 in 3Q 2021)

Less than half of directors are independent

Golden Ocean Group Limited Announces Cash Dividend for the Third Quarter Ended September 30, 2022, Payable on or About December 5, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Golden Ocean Group Limited (NasdaqGS:GOGL) announces an Equity Buyback for 10,000,000 shares, for $100 million.

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.60 per share

Second quarter 2022 earnings released: EPS: US$0.82 (vs US$0.52 in 2Q 2021)

Golden Ocean Group Limited Announces Cash Dividend for the Second Quarter of 2022, Payable on or About September 14, 2022

Golden Ocean Group Limited to Report Q2, 2022 Results on Aug 25, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.50 per share

First quarter 2022 earnings released: EPS: US$0.63 (vs US$0.14 in 1Q 2021)

Golden Ocean Group Limited Announces Cash Dividend for the First Quarter of 2022, Payable on or About June 8, 2022

Golden Ocean Group Limited Announces Resignation of Tor Svelland as Director

Less than half of directors are independent

Investor sentiment improved over the past week

Golden Ocean Group Limited to Report Fiscal Year 2021 Results on Mar 23, 2022

Golden Ocean Group Ltd Announces the Appointment of Jens Martin Jensen as Director

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.90 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Golden Ocean Group Limited Announces Cash Dividend for the Fourth Quarter of 2021, Payable on or About March 10, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.85 per share

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$0.52 (vs US$0.29 loss in 2Q 2020)

Investor sentiment improved over the past week

Inaugural dividend of US$0.25 per share

Golden Ocean Group Limited Reports Impairment Loss for the First Quarter Ended March 31, 2021

First quarter 2021 earnings released: EPS US$0.14 (vs US$1.12 loss in 1Q 2020)

Golden Ocean Group Limited has completed a Follow-on Equity Offering in the amount of NOK 143.649981 million.