Golden Ocean

CMB.TECH filed a report with the SEC documenting the completion of the merger with Golden Ocean and including Golden Ocean’s audited consolidated financial statements for 2022–2024. The filings contain income, cash flow and statement of changes in equity statements, as well as the consent of PricewaterhouseCoopers AS. InvestingPro highlights a strong financial position (Health Score: GREAT), 32% revenue growth over the last twelve months and a potential undervaluation of the stock; the merger was completed on August 20. » More on de.investing.com

Golden Ocean Group Ltd reported a net loss of $44.1 million (−$0.22 per share) for Q1 2025, with net revenue falling to $114.7 million, missing EPS expectations; the stock subsequently fell 2.68%. Adjusted EBITDA plunged to $12.7 million, yet the company announced a dividend of $0.50 per share and gave a positive outlook for the second half of the year based on expected Capesize volumes. CEO Peter Simonsson expressed optimism for H2 but cited risks such as off-hire days and demand fluctuations in export markets. » More on de.investing.com

Golden Ocean Group reported a net loss of $44.1 million for Q1 2025, impacted by lower trading activity and softer charter rates. Despite these challenges, Kepler Capital reiterated a Buy rating with a NOK96.50 price target, citing intact fundamentals and a stable medium-term outlook. Management remains optimistic about the dry bulk shipping sector despite trade tariffs and macroeconomic uncertainty. » More on finance.yahoo.com