Golden Ocean downgraded by Jefferies with a new price target
$GOGL
Marine Transportation
Consumer Discretionary
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $10.00 from $14.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2024 | $15.50 | Buy → Hold | Jefferies |
| 1/5/2024 | Buy → Neutral | BTIG Research | |
| 10/24/2023 | $8.00 → $11.00 | Hold → Buy | Jefferies |
| 9/26/2022 | $14.00 → $10.00 | Buy → Hold | Jefferies |
| 7/21/2022 | $14.00 | Buy | Jefferies |
| 9/13/2021 | $13.00 | Neutral | H.C. Wainwright |
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
6-K - Golden Ocean Group Ltd (0001029145) (Filer)
Reference is made to the press release issued by CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") on March 4, 2025, which announced that they had identified a bank syndicate to refinance all or parts of the outstanding debt in Golden Ocean Group Limited ("Golden Ocean"). Golden Ocean and CMB.TECH hereby announce the signing of a $2,000 million facilities agreement with a bank syndicate comprising a term loan facility of up to $1,250 million and a revolving credit facility ("RCF") of up to $750 million which will become available following the completion of the planned merger between Golden Ocean and CMB.TECH, expected in Q3 2025. Golden Ocean acts as the borrower and CMB.TECH
Golden Ocean Group Ltd (OSE/NYSE:GOGL) today released its seventh annual ESG Report. The 2024 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB) and with reference to the Global reporting Initiative (GRI) Standards. The report covers ESG performance in our operations and value chain, along with how we manage material sustainability matters for the fiscal year 2024. Peder Simonsen, CEO, comments: "We continue to deliver on our strategy of fleet modernisation while maintaining a strong focus on operational efficiency. As a result, we are pleased to report a 11.7% reduction on CII emissions compared to
The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Jefferies downgraded Golden Ocean from Buy to Hold and set a new price target of $15.50
BTIG Research downgraded Golden Ocean from Buy to Neutral
Jefferies upgraded Golden Ocean from Hold to Buy and set a new price target of $11.00 from $8.00 previously
The Board of Golden Ocean Group Ltd. ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Peder Simonsen as the Chief Executive Officer of Golden Ocean Management AS. Mr. Simonsen currently serves as the Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Further, the Company is pleased to announce the appointment of Ms. Randi Navdal Bekkelund as Chief Financial Officer of Golden Ocean Management. Ms. Bekkelund currently serves as the Chief Financial Officer of Avance Gas Holding Ltd. Ms. Bekkelund will commence her new role on June 1, 2025. April 5, 2025 The Board of DirectorsGolden Ocean Group Ltd.Hamilton, Bermuda This
Golden Ocean Group Limited (NASDAQ:GOGL, OSE: GOGL)) ("GOGL" or "the Company") is pleased to announce the appointment of Mr. Carl Erik Steen and Mr. James Ayers as Directors of the Company. Carl Erik Steen has extensive experience from shipping and banking, including head of shipping, oil services and the international division in Nordea bank. Before joining Nordea, Mr. Steen headed the shipping and international division in Christiania Bank and Kreditkassen ASA. Mr. Steen graduated in 1975 from ETH Zurich Switzerland with a MSc in Industrial and Management Engineering. Mr. Steen holds directorship positions in various Norwegian and international companies including Golar LNG Ltd, Himalaya
Golden Ocean Group Limited ("GOGL" or "the Company") announces the appointment of Ms. Tonesan Amissah as Director of the Company. Tonesan Amissah is a Barrister and Attorney-at-Law with over 30 years of experience in international corporate law. Ms. Amissah is currently a Client Director at Ocorian Services (Bermuda) Limited, a global fiduciary and corporate services company where she oversees all aspects of client service. Ms. Amissah is a former partner of Appleby (Bermuda) Limited, where she led the funds & investment services team and was a senior member of the firm's corporate department, having joined Appleby in 1989. She also serves as a director of companies in the insurance space.