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OceanPal NasdaqCM:OP Stock Report

Last Price

US$1.42

Market Cap

US$10.7m

7D

-5.3%

1Y

-36.3%

Updated

20 Nov, 2024

Data

Company Financials

OP Stock Overview

Provides ocean-going transportation services worldwide. More details

OP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

OceanPal Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OceanPal
Historical stock prices
Current Share PriceUS$1.42
52 Week HighUS$3.15
52 Week LowUS$1.40
Beta0.51
11 Month Change-21.08%
3 Month Change-17.92%
1 Year Change-36.32%
33 Year Changen/a
5 Year Changen/a
Change since IPO-99.86%

Recent News & Updates

Sentiment Still Eluding OceanPal Inc. (NASDAQ:OP)

Aug 12
Sentiment Still Eluding OceanPal Inc. (NASDAQ:OP)

Recent updates

Sentiment Still Eluding OceanPal Inc. (NASDAQ:OP)

Aug 12
Sentiment Still Eluding OceanPal Inc. (NASDAQ:OP)

Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost

Mar 29
Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost

OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story

Jan 09
OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story

OceanPal enters time charter contract for m/v Baltimore

Sep 21

OceanPal declares $0.01 dividend

Aug 02

OceanPal: Messy Junior Dry Bulk Shipper To Conduct Another Dilutive Offering - Sell

Jun 16

Why I Initiated A Trading Position In Messy Junior Dry Bulk Shipper OceanPal

Feb 10

Shareholder Returns

OPUS ShippingUS Market
7D-5.3%-1.2%-1.0%
1Y-36.3%51.5%30.3%

Return vs Industry: OP underperformed the US Shipping industry which returned 52.4% over the past year.

Return vs Market: OP underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is OP's price volatile compared to industry and market?
OP volatility
OP Average Weekly Movement6.3%
Shipping Industry Average Movement4.8%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: OP has not had significant price volatility in the past 3 months compared to the US market.

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

About the Company

FoundedEmployeesCEOWebsite
2021n/aRobert Perriwww.oceanpal.com

OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons.

OceanPal Inc. Fundamentals Summary

How do OceanPal's earnings and revenue compare to its market cap?
OP fundamental statistics
Market capUS$10.67m
Earnings (TTM)-US$17.05m
Revenue (TTM)US$22.10m

0.5x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OP income statement (TTM)
RevenueUS$22.10m
Cost of RevenueUS$14.10m
Gross ProfitUS$7.99m
Other ExpensesUS$25.05m
Earnings-US$17.05m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.27
Gross Margin36.18%
Net Profit Margin-77.17%
Debt/Equity Ratio0%

How did OP perform over the long term?

See historical performance and comparison