GOGL Stock Recent News

Please find enclosed the presentation of Golden Ocean Group Limited's second quarter 2024 results for today's webcast / conference call at 15:00 CEST.

Hamilton, Bermuda, August 28, 2024 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended June 30, 2024.

Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its sixth annual ESG Report. The 2023 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB), the disclosure requirements of the UN Global Compact as well as reporting guidelines for NASDAQ/Euronext stock exchanges.

Golden Ocean Group investors benefit from the firm's young fleet of large ships traversing rough seas delivering essential cargo. The share price is up 33% YTD, but watch for dips. Dry bulk carriers face challenges common in maritime shipping. We characterize Golden Ocean as being in ship-owning perhaps more than cargo shipping. Analysts forecast a fair value of $12.90-$14 per share, with potential for earnings growth and a target price range of $14.80-$17.

These three businesses provide investment opportunities based on shared operational and strategic capabilities. The first one showed good performance, selling over 13,000 barrels of oil daily, above the sales forecast.

Svensen decides to step down as Golden Ocean's (GOGL) chief executive officer after one year at the helm.

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Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean")  today announced that Lars-Christian Svensen, Chief Executive Officer of Golden Ocean Management AS, has decided to step down from his position to seek new opportunities. The Board has appointed the company's CFO, Peder Simonsen, to take the role as Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Mr. Svensen will be available for the company till September 1, 2024.

Golden Ocean Group Limited (NASDAQ:GOGL ) Q1 2024 Earnings Conference Call May 22, 2024 9:00 AM ET Company Participants Lars-Christian Svensen - CEO Peder Simonsen - CFO Conference Call Participants Sherif Elmaghrabi - BTIG Omar Nokta - Jefferies Operator Good day, and thank you for standing by. Welcome to the First Quarter 2024 Golden Ocean Group Limited Earnings Conference Call.

Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2024 results for today's webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2024 Webcast Attend by Conference Call: Participants will need to register online prior to the conference call via the link below.