Overseas Shipholding Group (OSG) Reports Q1 EPS of $0.04 on Revenues of $87.74M

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Go back to Overseas Shipholding Group (OSG) Reports Q1 EPS of $0.04 on Revenues of $87.74M

Overseas Shipholding Group Reports First Quarter 2019 Results

May 9, 2019 7:30 AM EDT

TAMPA, 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 first quarter 2019.

Highlights

Net income for the first quarter 2019 was $3.2 million, or $0.04 per diluted share, compared with net income of $3.7 million, or $0.04 per diluted share, for the first quarter 2018. The Company's 2019 first quarter net income of $3.2 million compares to a $5.2 million loss in the 2018 fourth quarter. Shipping... More