OceanPal Inc.

OceanPal Inc.verified

OP

Price:

$1.5936

Market Cap:

$11.88M

OceanPal Inc. focuses on the provision of ocean-going transportation services. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers. As of November 29, 2021, its fleet consisted of 3 dry bulk vessels, which include 2 Panamax and 1 Capesize vessels. The company is based in Athens, Greece.[Read more]

Industry

Marine Shipping

IPO Date

2021-11-30

Stock Exchange

NASDAQ

Ticker

OP

The ROE as of September 2024 (TTM) for OceanPal Inc. (OP) is -14.26%

According to OceanPal Inc.’s latest financial reports and current stock price. The company's current ROE is -14.26%. This represents a change of 284.50% compared to the average of -3.71% of the last 4 quarters.

OceanPal Inc. (OP) Historical ROE (quarterly & annually)

How has OP ROE performed in the past?

The mean historical ROE of OceanPal Inc. over the last ten years is -1.93%. The current -14.26% ROE has changed 639.65% with respect to the historical average. Over the past ten years (40 quarters), OP's ROE was at its highest in in the September 2022 quarter at 1.39%. The ROE was at its lowest in in the June 2024 quarter at -9.80%.

Quarterly (TTM)
Annual

Average

-1.93%

Median

-0.43%

Minimum

-10.75%

Maximum

3.40%

OceanPal Inc. (OP) ROE by Quarter and Year

Discovering the peaks and valleys of OceanPal Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 401.61%

Maximum Annual ROE = 3.40%

Minimum Annual Increase = -416.31%

Minimum Annual ROE = -10.75%

Quarterly (TTM)
Annual
YearROEChange
2023-2.14%401.61%
2022-0.43%-253.00%
20210.28%-102.59%
2020-10.75%-416.31%

OceanPal Inc. (OP) Average ROE

How has OP ROE performed in the past?

The current ROE of OceanPal Inc. (OP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-0.76%

5-year avg

-1.93%

10-year avg

-1.93%

OceanPal Inc. (OP) ROE vs. Peers

How is OP’s ROE compared to its peers?

OceanPal Inc.’s ROE is less than Genco Shipping & Trading Limited (1.66%), less than Golden Ocean Group Limited (11.17%), less than Eagle Bulk Shipping Inc. (3.70%), less than Star Bulk Carriers Corp. (13.86%), greater than Top Ships Inc. (-2.77%), less than Seanergy Maritime Holdings Corp. (12.58%), less than Euroseas Ltd. (42.25%), less than Castor Maritime Inc. (13.40%), less than Performance Shipping Inc. (24.21%), less than Globus Maritime Limited (1.37%), less than United Maritime Corporation (11.42%), less than Mitsui O.S.K. Lines, Ltd. (0%), less than Hapag-Lloyd Aktiengesellschaft (11.89%), less than COSCO SHIPPING Holdings Co., Ltd. (4.02%), less than A.P. Møller - Mærsk A/S (11.90%), less than Orient Overseas (International) Limited (1.99%), less than null (20.25%),

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