GOGL: Golden Ocean Group Ltd.
About
Golden Ocean Group Ltd. engages in the ownership and operation of dry bulk vessels. It manages Newcastlemax, Capesize, Panamax, and Ultramax vessels and transports bulk commodities, including ores, coal, grains, and fertilizers. It is also involved in the charter, purchase, and sale of vessels. The company was founded on September 18, 1996 and is headquartered in Hamilton, Bermuda.
Current Value
$11.961 Year Return
Current Value
$11.961 Year Return
Key Details
Market Cap
$2.39B
P/E Ratio
11.13
1Y Stock Return
35.11%
1Y Revenue Growth
3.31%
Dividend Yield
5.12%
Price to Book
1.2
Strategies that include GOGL
Stock's related to GOGL
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| GNK | 80.78% | $735.44M | +16.37% | 9.95% |
| SBLK | 78.65% | $2.38B | +2.30% | 10.64% |
| CMRE | 56.79% | $1.73B | +53.76% | 3.17% |
| FRO | 49.36% | $4.56B | -7.37% | 9.36% |
| TEN | 46.89% | $606.64M | +3.32% | 4.39% |
| NVGS | 46.83% | $1.12B | +8.76% | 1.24% |
| SFL | 46.11% | $1.55B | -4.05% | 9.77% |
| INSW | 46.04% | $2.07B | +1.70% | 1.14% |
| DHT | 45.69% | $1.72B | +5.04% | 9.18% |
| TRMD | 43.37% | $2.31B | -24.74% | 25.24% |
| TNK | 43.30% | $1.48B | -12.01% | 2.31% |
| NMM | 42.08% | $1.58B | +126.51% | 0.38% |
| GSL | 40.89% | $832.14M | +32.08% | 6.32% |
| STNG | 40.09% | $2.96B | +0.87% | 2.75% |
| ASC | 38.80% | $517.16M | -7.62% | 8.45% |
| FLNG | 37.89% | $1.42B | -14.21% | 11.33% |
| NAT | 36.88% | $636.83M | -30.05% | 13.79% |
| LPG | 36.53% | $1.10B | -31.36% | 0.00% |
| TK | 34.91% | $728.26M | +11.06% | 0.00% |
| ACMR | 34.74% | $1.15B | +5.14% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NJR | -0.01% | $4.83B | +16.85% | 3.54% |
| HIHO | -0.02% | $8.63M | 0.00% | 6.12% |
| CALX | 0.03% | $2.15B | -14.51% | 0.00% |
| VRSK | -0.05% | $39.77B | +17.45% | 0.53% |
| J | -0.05% | $16.59B | +27.85% | 0.86% |
| ILMN | 0.06% | $21.41B | +44.38% | 0.00% |
| PPL | 0.06% | $25.19B | +29.76% | 2.97% |
| SRDX | 0.07% | $559.12M | +15.64% | 0.00% |
| EDSA | 0.12% | $7.11M | -21.79% | 0.00% |
| GORV | 0.12% | $12.75M | -84.80% | 0.00% |
| MYGN | 0.12% | $1.37B | -14.19% | 0.00% |
| ACET | -0.13% | $84.87M | -10.43% | 0.00% |
| KDP | -0.13% | $42.76B | -1.22% | 2.77% |
| PPC | -0.14% | $12.38B | +100.96% | 0.00% |
| TBRG | -0.15% | $244.47M | +52.66% | 0.00% |
| GSAT | 0.15% | $3.29B | +19.18% | 0.00% |
| FE | -0.16% | $23.96B | +10.41% | 4.05% |
| CHE | 0.21% | $8.20B | -5.60% | 0.33% |
| QUAD | -0.22% | $366.66M | +43.76% | 2.84% |
| STOK | 0.22% | $614.95M | +197.69% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CPB | -18.20% | $12.96B | +7.08% | 3.40% |
| SJM | -17.36% | $11.91B | -0.25% | 3.82% |
| HE | -15.30% | $1.82B | -17.47% | 0.00% |
| KO | -14.29% | $269.63B | +7.86% | 3.07% |
| BNED | -13.49% | $277.22M | -91.94% | 0.00% |
| GIS | -13.42% | $34.85B | -2.91% | 3.78% |
| OPK | -12.99% | $1.11B | +7.64% | 0.00% |
| MKC | -12.97% | $20.21B | +15.19% | 2.23% |
| KHC | -12.69% | $36.98B | -10.45% | 5.23% |
| PAYX | -11.79% | $50.62B | +18.84% | 2.73% |
| VZIO | -11.68% | $2.29B | +67.76% | 0.00% |
| RCEL | -11.61% | $321.96M | +27.43% | 0.00% |
| IDA | -11.24% | $6.27B | +21.37% | 2.85% |
| CBOE | -10.80% | $21.46B | +15.84% | 1.11% |
| AWR | -10.78% | $3.22B | +7.55% | 2.09% |
| ADC | -10.70% | $8.03B | +36.00% | 3.88% |
| BRC | -10.53% | $3.31B | +29.76% | 1.35% |
| HSY | -10.19% | $34.45B | -10.68% | 3.21% |
| TEM | -9.92% | $8.50B | 0.00% | 0.00% |
| EXC | -9.89% | $39.29B | +0.57% | 3.88% |
ETF's related to GOGL
News
Yahoo
Golden Ocean Group Limited (the “Company”) will publish its financial results for the third quarter of 2024 on Wednesday November 27, 2024. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcastA conference call will be held at 2:30 P.M. CET (8:30 A.M. New York Time) on Wednesday November 27, 2024. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under "Presentations") pr
SeekingAlpha
CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. There is an indication that the probability of a pause in rate cuts has risen.
SeekingAlpha
Financial analysis of Golden Ocean, a shipping company poised for growth in dry bulk commodities.
SeekingAlpha
I recommend Golden Ocean Group Limited (GOGL) as a Strong Buy due to stable results, strong financials, and market tailwinds. Read an analysis here.
Yahoo
Key Insights Significant control over Golden Ocean Group by private companies implies that the general public has more...
SeekingAlpha
Golden Ocean has improved returns since 2014 by focusing on efficiency and cost-effectiveness. Read why I see GOGL stock as an investment opportunity.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.