OceanPal (OP) Stock Price, News & Analysis

Company Overview

OceanPal Inc is a global shipping company specializing in the ownership and operation of crude oil and product tankers. Incorporated in the Marshall Islands and listed on the NASDAQ under the symbol OP, the company traces its origins back to its former identity as Decade Co. Ltd. OceanPal’s fleet includes a mix of modern double-hulled vessels designed for safe and efficient transportation of petroleum and refined products across major international trade routes.

The company’s core activities revolve around chartering its vessels under both time charter and voyage charter arrangements. By partnering with leading charterers in the energy sector, OceanPal secures steady employment for its tankers, serving key markets in Asia, Europe, the Americas, and West Africa. The fleet’s diversity in size and specification enables the company to meet a wide range of cargo requirements, from long-haul crude shipments to regional refined product distribution.

Throughout its history, OceanPal has pursued a disciplined growth strategy, expanding its fleet through selective acquisitions and long-term charters. The company places a strong emphasis on technical management, safety compliance and environmental performance, adhering to international regulations such as MARPOL and ISM standards. Its vessels are managed by reputable third-party ship managers, ensuring high operational uptime and stringent maintenance practices.

OceanPal’s senior management team comprises industry veterans with decades of experience in maritime transportation, energy logistics and corporate governance. Guided by a board of directors with deep expertise in shipping markets, the company continues to focus on optimizing its fleet utilization, enhancing operational efficiency and pursuing value‐accretive opportunities in the global tanker sector.

Key Stats

• Today's Range: $1.86 to $2.38
• 50-Day Range: $0.71 to $2.90
• 52-Week Range: $0.63 to $3.17
• Volume: 43.06 million shs
• Average Volume: 1.95 million shs
• Market Capitalization: $14.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OP Stock Analysis - Frequently Asked Questions

How have OP shares performed this year?

OceanPal's stock was trading at $1.16 on January 1st, 2025. Since then, OP shares have increased by 65.7% and is now trading at $1.9220.

How were OceanPal's earnings last quarter?

OceanPal Inc. (NASDAQ:OP) issued its earnings results on Wednesday, April, 9th. The company reported ($0.50) EPS for the quarter. The business had revenue of $5.78 million for the quarter. OceanPal had a negative net margin of 69.50% and a negative trailing twelve-month return on equity of 14.59%.

When did OceanPal's stock split?

OceanPal shares reverse split on the morning of Thursday, June 8th 2023.The 1-20 reverse split was announced on Thursday, June 8th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of OceanPal?

Shares of OP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of OceanPal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OceanPal investors own include Salesforce (CRM), AbbVie (ABBV), Manhattan Associates (MANH), ConocoPhillips (COP), Chevron (CVX), CocaCola (KO) and QUALCOMM (QCOM).

Company Calendar

• Last Earnings: 4/09/2025
• Today: 7/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:OP
• CIK: 1869467
• Web: www.oceanpal.com
• Phone: 30-210-9485-360
• Fax: 30-210-9401-810
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($2.64)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$17.86 million
• Net Margins: -69.50%
• Pretax Margin: -69.50%
• Return on Equity: -14.59%
• Return on Assets: -13.61%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.77
• Quick Ratio: 2.46

Sales & Book Value

• Annual Sales: $5.39 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.24 per share
• Price / Book: 0.20

Miscellaneous

• Outstanding Shares: 7,505,000
• Free Float: N/A
• Market Cap: $16.55 million
• Optionable: No Data
• Beta: 1.29