Overseas Shipholding Group (OSG) Reports Q4 Loss of $0.01/sh
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Overseas Shipholding Group Reports Fourth Quarter and Full Year 2020 Results
April 7, 2021 7:30 AM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Overseas Shipholding Group, Inc. (NYSE: OSG) (the Company or OSG), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2020.
Highlights
Net income for the full year 2020 was $30.0 million, or $0.33 per diluted share, compared with $8.7 million, or $0.10 per diluted share for the full year 2019. Net loss for the fourth quarter was $844 thousand, or $(0.01) per diluted share, compared with net income of $11.0... More