Recent Insider Activity: Overseas Shipholding Group, Inc. $OSG

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Overseas Shipholding Group, Inc. (NYSE:OSG) insider have most recently took part in a trading activity. On Dec 19, 2017 Allan Susan, VP, General Counsel & Corp Sec bought 2,800 shares having total worth of $6,160 at the price of $2.2 per share, following the transaction a total of 7,604 shares owned by Allan Susan.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 sell activities .Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 1 1.35%
12 Month 1 3 -80.57%

Shares of Overseas Shipholding Group, Inc. (NYSE:OSG) traded down 1.32% on Dec 19, 2017, hitting $2.25. 765,711 shares of the company’s stock traded hands. Overseas Shipholding Group, Inc. has a 52 week low of $1.99 and a 52 week high of $13.09. The company’s market cap is $0 million.

Overseas Shipholding Group, Inc. (NYSE:OSG) last announced its earnings results on Nov 9, 2017. The company reported 0.01 earnings per share (EPS) for the quarter. The company had revenue of $93 million for the quarter During the same quarter in the previous year, the company posted -1.10 earnings per share. The company’s revenue for the quarter was down 52% on a year-over-year basis.

2017-11-09 2017-08-09 2017-05-10 2017-03-07 2016-11-09 2016-05-10 2016-03-01 2012-08-01
earnings per share 0.01 0.04 0.06 0.13 0.57 0.09 0.02 -1.52
Revenue(M) 93.27 96.23 108.12 114.78 194.95 243.76 243.73 291.4

Overseas Shipholding Group is engaged primarily in the ocean transportation of crude oil and petroleum products. At December 31, 2012, the Company owned or operated a fleet of 105 double-hulled vessels of which 81 vessels operated in the international market and 24 operated in the U.S. Flag market. The Company’s vessel operations are organized into strategic business units on broad market segments: International Flag, including crude oil and refined petroleum products, and U.S. Flag. The International Flag unit manages International Flag ULCC, VLCC, Suezmax, Aframax, Panamax and Lightering tankers and LR1 and MR product carriers. The U.S. Flag unit manages the Company’s U.S. Flag vessels. Through joint venture partnerships, the Company operates four LNG carriers and two Floating Storage and Offloading (FSO) service vessels. Dedicated chartering and commercial personnel manage specific fleets, while the Company’s technical ship management operations and corporate departments support the Company’s global operations. The Company generally charters its vessels to customers either for specific voyages at spot rates or for specific periods of time at fixed daily amounts through Time Charters or Bareboat Charters. The Company’s customers include major independent and state-owned oil companies, oil traders, refinery operators and U.S. and international government entities.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.