Overseas Shipholding Group Past Earnings Performance

Past criteria checks 5/6

Overseas Shipholding Group has been growing earnings at an average annual rate of 15.8%, while the Oil and Gas industry saw earnings growing at 37.3% annually. Revenues have been growing at an average rate of 5.8% per year. Overseas Shipholding Group's return on equity is 17.6%, and it has net margins of 13.8%.

Key information

15.8%

Earnings growth rate

17.9%

EPS growth rate

Oil and Gas Industry Growth	33.7%
Revenue growth rate	5.8%
Return on equity	17.6%
Net Margin	13.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Overseas Shipholding Group, Inc.'s (NYSE:OSG) Shares Leap 25% Yet They're Still Not Telling The Full Story

Feb 10

Overseas Shipholding Group: Trading 25% Below Previous Takeout Offer, CEO Buying Stock

Jul 20

Merger Arbitrage: Overseas Shipholding Group Is In Play And Primed For Multi-Bid Situation

Aug 31

Overseas Shipholding Group: $3/Share Offer On The Table; Deal Seems Likely

Jul 30

What Type Of Returns Would Overseas Shipholding Group's (NYSE:OSG) Shareholders Have Received Over The Course Of The Last Five Years?

Feb 22

Overseas Shipholding Group (NYSE:OSG) Has A Somewhat Strained Balance Sheet

Jan 25

We're Not Counting On Overseas Shipholding Group (NYSE:OSG) To Sustain Its Statutory Profitability

Dec 30

How Is Overseas Shipholding Group's (NYSE:OSG) CEO Compensated?

Dec 09

Would Shareholders Who Purchased Overseas Shipholding Group's (NYSE:OSG) Stock Three Years Be Happy With The Share price Today?

Nov 18

Overseas Shipholding reports Q3 results

Nov 06

Revenue & Expenses Breakdown
Beta

How Overseas Shipholding Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:OSG Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	452	62	27
30 Sep 23	458	52	25
30 Jun 23	465	48	24
31 Mar 23	477	39	25
31 Dec 22	467	27	24
30 Sep 22	441	13	24
30 Jun 22	411	-16	23
31 Mar 22	382	-31	21
31 Dec 21	359	-46	21
30 Sep 21	361	-43	23
30 Jun 21	373	-28	23
31 Mar 21	399	-11	25
31 Dec 20	419	30	25
30 Sep 20	420	42	26
30 Jun 20	395	39	26
31 Mar 20	369	31	28
31 Dec 19	356	9	28
30 Sep 19	346	-7	28
30 Jun 19	346	8	29
31 Mar 19	353	13	25
31 Dec 18	366	13	26
30 Sep 18	370	72	26
30 Jun 18	382	54	26
31 Mar 18	383	54	26
31 Dec 17	390	56	27
30 Sep 17	412	67	28
30 Jun 17	433	20	31
31 Mar 17	455	11	37
31 Dec 16	462	-3	41
30 Sep 16	94	-262	38
30 Jun 16	221	-36	49
31 Mar 16	348	29	55
31 Dec 15	467	80	62
30 Sep 15	938	301	79
30 Jun 15	902	138	78
31 Mar 15	899	-122	82
31 Dec 14	440	-143	52
30 Sep 14	1,014	-626	94
30 Jun 14	1,075	-636	97
31 Mar 14	1,061	-458	103
31 Dec 13	1,016	-638	101
30 Sep 13	999	-556	92
30 Jun 13	1,016	-582	91

Quality Earnings: OSG has high quality earnings.

Growing Profit Margin: OSG's current net profit margins (13.8%) are higher than last year (5.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OSG has become profitable over the past 5 years, growing earnings by 15.8% per year.

Accelerating Growth: OSG's earnings growth over the past year (135.1%) exceeds its 5-year average (15.8% per year).

Earnings vs Industry: OSG earnings growth over the past year (135.1%) exceeded the Oil and Gas industry -23.4%.

Overseas Shipholding Group Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: US$0.80 (vs US$0.30 in FY 2022)

Overseas Shipholding Group, Inc. to Report Q4, 2023 Results on Mar 11, 2024

Third quarter 2023 earnings released: EPS: US$0.23 (vs US$0.15 in 3Q 2022)

Overseas Shipholding Group, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.041 in 2Q 2022)

Overseas Shipholding Group, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Recent updates

Overseas Shipholding Group, Inc., Annual General Meeting, Jun 06, 2024

Overseas Shipholding Group, Inc. Receives Federal Grant from United States Department of Energy to Design Marine Transport for Liquified CO2 Captured by Florida’s Larger Emitters

President exercised options and sold US$837k worth of stock

Upcoming dividend of US$0.06 per share

Overseas Shipholding Group Declares Cash Dividend, Payable on April 11, 2024

Full year 2023 earnings released: EPS: US$0.80 (vs US$0.30 in FY 2022)

President exercised options and sold US$233k worth of stock

Overseas Shipholding Group, Inc. to Report Q4, 2023 Results on Mar 11, 2024

President notifies of intention to sell stock

Overseas Shipholding Group, Inc.'s (NYSE:OSG) Shares Leap 25% Yet They're Still Not Telling The Full Story

Overseas Shipholding Group's (NYSE:OSG) Returns On Capital Are Heading Higher

Overseas Shipholding Group Confirms Receipt of Unsolicited Indication of Interest

President recently sold US$273k worth of stock

Overseas Shipholding Group Receives Federal Grant to Develop Captured Carbon Terminal At Port Tampa Bay

President recently sold US$239k worth of stock

Upcoming dividend of US$0.06 per share

Overseas Shipholding Group, Inc. Declares Cash Dividend on Class A Common Stock, Payable on January 4, 2024

Overseas Shipholding Group, Inc. Declares Cash Dividend on Class A Common Stock, Payable on January 4, 2024

President recently sold US$248k worth of stock

Third quarter 2023 earnings released: EPS: US$0.23 (vs US$0.15 in 3Q 2022)

Overseas Shipholding Group, Inc. to Report Q3, 2023 Results on Nov 06, 2023

President recently sold US$231k worth of stock

President recently sold US$212k worth of stock

Key Executive recently sold US$299k worth of stock

Key Executive notifies of intention to sell stock

Overseas Shipholding Group, Inc. (NYSE:OSG) announces an Equity Buyback for 3,788,639 shares, for $15.34 million.

President recently sold US$201k worth of stock

President notifies of intention to sell stock

Overseas Shipholding: Growing The Buyback Program Bolsters My Buy Case

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.041 in 2Q 2022)

Overseas Shipholding Group, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Investor sentiment improves as stock rises 15%

Independent Director recently sold US$77k worth of stock

Independent Director notifies of intention to sell stock

First quarter 2023 earnings released: EPS: US$0.15 (vs US$0.006 loss in 1Q 2022)

VP & CFO exercised options and sold US$76k worth of stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$402k worth of stock

Full year 2022 earnings released: EPS: US$0.30 (vs US$0.51 loss in FY 2021)

President exercised options and sold US$104k worth of stock

Investor sentiment improved over the past week

Overseas Shipholding Group: Creating Shareholder Value

Independent Director recently sold US$81k worth of stock

Independent Director notifies of intention to sell stock

Insufficient new directors

Overseas Shipholding Group, Inc. (NYSE:OSG) announces an Equity Buyback for 5,000,000 shares, for $14.3 million.

Third quarter 2022 earnings released: EPS: US$0.15 (vs US$0.18 loss in 3Q 2021)

Overseas Shipholding Group, Inc. to Report Q3, 2022 Results on Nov 04, 2022

Independent Director notifies of intention to sell stock

Independent Director recently sold US$310k worth of stock

President recently bought US$70k worth of stock

Second quarter 2022 earnings released: EPS: US$0.041 (vs US$0.12 loss in 2Q 2021)

Overseas Shipholding GAAP EPS of $0.04, revenue of $118M

President exercised options to buy US$342k worth of stock.

Overseas Shipholding Group, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Overseas Shipholding Group: Business Momentum Not Reflected In Share Price

Overseas Shipholding Group: Trading 25% Below Previous Takeout Offer, CEO Buying Stock

President recently bought US$104k worth of stock

First quarter 2022 earnings released: US$0.006 loss per share (vs US$0.18 loss in 1Q 2021)

Overseas Shipholding Group, Inc. to Report Q1, 2022 Results on May 09, 2022

Insufficient new directors

Overseas Shipholding Group, Inc., Annual General Meeting, Jun 01, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Overseas Shipholding Group, Inc. to Report Q4, 2021 Results on Mar 09, 2022

President recently bought US$147k worth of stock

Independent Director recently bought US$304k worth of stock

Third quarter 2021 earnings released: US$0.18 loss per share (vs US$0.007 loss in 3Q 2020)

Merger Arbitrage: Overseas Shipholding Group Is In Play And Primed For Multi-Bid Situation

Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.071 profit in 2Q 2020)

Revenue & Expenses Breakdown
Beta