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OceanPal Inc. (OP)

NASDAQ Industrials Marine Shipping
$6.01 ▼ -1.64%
Market Cap
$187.0M
Sector
Industrials
Industry
Marine Shipping
Beta
1.21
52-Wk Range
0.1889-79.25
CEO
Salvatore Ternullo
Country
GR
Currency
USD

OceanPal Inc. operates in the Marine Shipping industry of the Industrials sector, headquartered in Athens, GI, GR. The stock last traded at $6.01, down 1.64% on the session, giving a market capitalisation of $187.0M. On trailing twelve-month figures it carries a trailing P/E of -0.05, a net margin of -486.6%. Its beta of 1.21 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-0.05
Price / Sales
13.96
Price / Book
0.03
EV / EBITDA
-7.09
Gross margin
27.6%
Operating margin
-234.3%
Net margin
-486.6%
Return on equity
Debt / equity
0.00
Current ratio
13.35
Dividend yield
0.0%
Payout ratio
-1.8%
Company profile
Exchange
NASDAQ
Employees
513
IPO date
2021-09-01
Headquarters
Athens, GI, GR
About OceanPal Inc.

OceanPal Inc. provides ocean-going transportation services worldwide. It owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including steel products, cement, and fertilizers. As of December 31, 2023, the company’s fleet consists of three Panamax dry bulk carriers with a total cargo carrying capacity of approximately 223,546 dwt; and one MR2 product tanker vessel with a carrying capacity of 49,999 dwt. OceanPal Inc. was incorporated in 2021 and is based in Athens, Greece.

Comparable companies

OceanPal Inc. is most often compared with the following Industrials names:

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