Overseas Shipholding Group (NYSE:OSG) - Share price, News & Analysis

OSG fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

OSG Stock Overview

Overseas Shipholding Group, Inc., together with its subsidiaries, owns and operates a fleet of oceangoing vessels.

Risk Analysis

Earnings have declined by 47.8% per year over past 5 years

Debt is not well covered by operating cash flow

Overseas Shipholding Group Competitors

Blueknight Energy Partners

NasdaqGM:BKEP

US$194.9m

Martin Midstream Partners

NasdaqGS:MMLP

US$162.8m

Shell

LSE:SHEL

UK£177.9b

LSE:BP.

UK£81.6b

Price History & Performance

Summary of all time highs, changes and price drops for Overseas Shipholding Group
Historical stock prices
Current Share Price	US$2.08
52 Week High	US$3.04
52 Week Low	US$1.64
Beta	0.31
1 Month Change	-9.96%
3 Month Change	16.20%
1 Year Change	-11.11%
3 Year Change	13.04%
5 Year Change	-37.16%
Change since IPO	-89.17%

Shareholder Returns

	OSG	US Oil and Gas	US Market
7D	3.0%	8.2%	2.7%
1Y	-11.1%	53.4%	-8.1%

Return vs Industry: OSG underperformed the US Oil and Gas industry which returned 47.8% over the past year.

Return vs Market: OSG matched the US Market which returned -10.8% over the past year.

Price Volatility

Is OSG's price volatile compared to industry and market?
OSG volatility
OSG Average Weekly Movement	6.1%
Oil and Gas Industry Average Movement	8.7%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	2.9%

Stable Share Price: OSG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: OSG's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1948	953	Sam Norton	https://www.osg.com

Overseas Shipholding Group, Inc., together with its subsidiaries, owns and operates a fleet of oceangoing vessels. Its vessels are engaged in the transportation of crude oil and petroleum products in the United States flag trade. As of December 31, 2021, the company owned or operated a fleet of 24 vessels totaling an aggregate of approximately 1.7 million deadweight tons.

Overseas Shipholding Group Fundamentals Summary

How do Overseas Shipholding Group's earnings and revenue compare to its market cap?
OSG fundamental statistics
Market Cap	US$188.72m
Earnings (TTM)	-US$30.89m
Revenue (TTM)	US$381.79m

0.5x

P/S Ratio

-5.9x

P/E Ratio

Is OSG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
OSG income statement (TTM)
Revenue	US$381.79m
Cost of Revenue	US$300.03m
Gross Profit	US$81.76m
Other Expenses	US$112.65m
Earnings	-US$30.89m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.35
Gross Margin	21.41%
Net Profit Margin	-8.09%
Debt/Equity Ratio	129.9%

How did OSG perform over the long term?

See historical performance and comparison

Valuation

Is Overseas Shipholding Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.54x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate OSG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate OSG's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: OSG is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: OSG is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OSG's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: OSG is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (2.1x).

Future Growth

How is Overseas Shipholding Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-5.3%

Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Overseas Shipholding Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Overseas Shipholding Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-47.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OSG is currently unprofitable.

Growing Profit Margin: OSG is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: OSG is unprofitable, and losses have increased over the past 5 years at a rate of 47.8% per year.

Accelerating Growth: Unable to compare OSG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OSG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (86.4%).

Return on Equity

High ROE: OSG has a negative Return on Equity (-9.13%), as it is currently unprofitable.

Financial Health

How is Overseas Shipholding Group's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: OSG's short term assets ($108.8M) do not cover its short term liabilities ($166.1M).

Long Term Liabilities: OSG's short term assets ($108.8M) do not cover its long term liabilities ($580.2M).

Debt to Equity History and Analysis

Debt Level: OSG's net debt to equity ratio (107.2%) is considered high.

Reducing Debt: OSG's debt to equity ratio has reduced from 197.3% to 129.9% over the past 5 years.

Debt Coverage: OSG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if OSG's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Overseas Shipholding Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate OSG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OSG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OSG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OSG's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: OSG is not paying a notable dividend for the US market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as OSG has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Energy industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure

CEO

Sam Norton (62 yo)

5.42yrs

Tenure

US$2,314,967

Compensation

Mr. Samuel H. Norton, also known as Sam, serves as President & Chief Executive Officer at Alaska Tanker Company, LLC since March 2020. He has been the Chief Executive Officer and President of Overseas Ship...

CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD2.31M) is above average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: OSG's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Experienced Board: OSG's board of directors are considered experienced (5.8 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31