OP Stock Overview
Provides ocean-going transportation services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
OceanPal Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.28 |
| 52 Week High | US$3.15 |
| 52 Week Low | US$1.02 |
| Beta | 0.51 |
| 1 Month Change | -5.88% |
| 3 Month Change | -23.26% |
| 1 Year Change | -54.29% |
| 3 Year Change | -99.64% |
| 5 Year Change | n/a |
| Change since IPO | -99.88% |
Recent News & Updates
Recent updates
Sentiment Still Eluding OceanPal Inc. (NASDAQ:OP)
Dec 18
Sentiment Still Eluding OceanPal Inc. (NASDAQ:OP)
Aug 12Market Might Still Lack Some Conviction On OceanPal Inc. (NASDAQ:OP) Even After 46% Share Price Boost
Mar 29OceanPal Inc.'s (NASDAQ:OP) Shares Leap 32% Yet They're Still Not Telling The Full Story
Jan 09OceanPal enters time charter contract for m/v Baltimore
Sep 21OceanPal declares $0.01 dividend
Aug 02OceanPal: Messy Junior Dry Bulk Shipper To Conduct Another Dilutive Offering - Sell
Jun 16Why I Initiated A Trading Position In Messy Junior Dry Bulk Shipper OceanPal
Feb 10Shareholder Returns
| OP | US Shipping | US Market | |
|---|---|---|---|
| 7D | 0.8% | -3.0% | -2.1% |
| 1Y | -54.3% | 12.2% | 21.3% |
Return vs Industry: OP underperformed the US Shipping industry which returned 12.6% over the past year.
Return vs Market: OP underperformed the US Market which returned 21.3% over the past year.
Price Volatility
| OP volatility | |
|---|---|
| OP Average Weekly Movement | 7.2% |
| Shipping Industry Average Movement | 5.4% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.9% |
| 10% least volatile stocks in US Market | 3.2% |
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 (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | Robert Perri | www.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
| OP fundamental statistics | |
|---|---|
| Market cap | US$9.61m |
| Earnings (TTM) | -US$13.78m |
| Revenue (TTM) | US$25.73m |
0.4x
P/S Ratio-0.7x
P/E RatioIs OP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OP income statement (TTM) | |
|---|---|
| Revenue | US$25.73m |
| Cost of Revenue | US$14.44m |
| Gross Profit | US$11.29m |
| Other Expenses | US$25.07m |
| Earnings | -US$13.78m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.84 |
| Gross Margin | 43.86% |
| Net Profit Margin | -53.55% |
| Debt/Equity Ratio | 0% |
How did OP perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/12 08:45 |
| End of Day Share Price | 2025/01/10 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
OceanPal Inc. is covered by 0 analysts. 0 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 |
|---|