Overseas Shipholding Group (OSG) Reports Q2 EPS of $0.31
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Overseas Shipholding Group Reports Second Quarter 2016 Results
August 9, 2016 7:01 AM EDTNEW YORK--(BUSINESS WIRE)-- Overseas Shipholding Group, Inc. (OSG) (NYSE: OSG), a provider of oceangoing energy transportation services, today reported results for the quarter ended June 30, 2016.
Highlights
Time charter equivalent (TCE) revenues(A) for the second quarter of 2016 were $215.7 million, down 8% compared with the same period in 2015. Net income for the second quarter was $29.9 million, or $0.31 per diluted share, compared with $58.4 million, or $0.60 per diluted share, in the second quarter of 2015. Adjusted EBITDA(B) was $110.1 million, down 15% from $130.2 million in the same period in 2015.... More