Overseas Shipholding Group (OSG) Reports Q2 EPS of $0.07
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Overseas Shipholding Group Reports Second Quarter 2020 Results
August 7, 2020 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 second quarter of 2020.
Highlights
Net income for the second quarter 2020 was $6.4 million, or $0.07 per diluted share, compared with a net loss of $1.7 million, or $(0.02) per diluted share, for the second quarter 2019. Shipping revenues for the second quarter 2020 were $114.5 million, up 29.5% compared with the second quarter... More