Overseas Shipholding Group, Inc. is a provider of global energy transportation services. The Company delivers crude oil, petroleum products, and liquefied natural gas throughout the world. OSG owns and operates a combined fleet of vessels registered internationally and in the United States. The Company's vessel operations are organized into strategic business units. The International Flag Crude Tanker unit manages International Flag ultra large crude carrier, very large crude carrier, Suezmax, Aframax, Panamax and Lightering tankers; the International Flag Product Carrier unit principally manages LR1 and MR product carriers and the U.S. unit manages most of the Company’s U.S. Flag vessels. Through joint venture partnerships, OSG operates four LNG carriers and two Floating Storage and Offloading service vessels.

Employee Rating

3.2More
TypePublic
HQNew York, US
Founded1948
Size (employees)890 (est)
Websiteosg.com
Overseas Shipholding Group was founded in 1948 and is headquartered in New York, US
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Key People/Management at Overseas Shipholding Group

Samuel H. Norton

Samuel H. Norton

President and Chief Executive Officer
Richard Trueblood

Richard Trueblood

Vice President and Chief Financial Officer
Damon M. Mote

Damon M. Mote

Vice President and Chief Administrative Officer
Patrick J. O'Halloran

Patrick J. O'Halloran

Vice President and Chief Operations Officer
Susan Allan

Susan Allan

Vice President, General Counsel and Corporate Secretary
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Overseas Shipholding Group Office Locations

Overseas Shipholding Group has offices in New York, The Woodlands, Tampa and Newark
New York, (HQ)
1301 Ave of the Americas
Newark,
402 111 Continental Dr
Tampa,
1200 302 Knights Run Ave
The Woodlands,
325 10001 Woodloch Forest Dr
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Overseas Shipholding Group Financials and Metrics

Overseas Shipholding Group Revenue

Overseas Shipholding Group's revenue was reported to be $462.42 m in FY, 2016 which is a 1% decrease from the previous period.
USD

Net income (Q2, 2018)

3.1m

EBIT (Q2, 2018)

10.5m

Market capitalization (4-Dec-2018)

164.9m

Closing stock price (4-Dec-2018)

2.0

Cash (30-Jun-2018)

131.0m

EV

410.6m
Overseas Shipholding Group's current market capitalization is $164.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.0b440.4m466.9m462.4m

Revenue growth, %

(57%)6%(1%)

General and administrative expense

97.7m52.5m61.5m41.6m27.5m

Operating expense total

97.7m52.5m61.5m41.6m356.4m
Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

General and administrative expense

26.3m23.1m24.4m19.5m19.1m19.3m17.5m21.4m17.3m17.4m8.3m6.4m6.8m6.6m

Operating expense total

227.7m259.6m259.9m245.5m193.9m168.4m165.0m167.5m169.2m166.3m88.9m82.0m87.5m84.8m

Depreciation and amortization

44.2m40.1m39.5m38.7m42.6m15.1m12.4m12.4m

EBIT

17.4m41.0m6.0m23.7m77.5m92.3m85.2m86.2m67.1m19.3m14.2m13.6m10.5m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

601.9m389.2m502.8m191.1m166.0m

Accounts Receivable

16.8m8.3m7.2m2.7m

Inventories

16.9m8.0m3.9m966.0k

Current Assets

817.3m707.7m623.9m238.3m207.3m
Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

586.8m570.6m638.7m644.9m296.3m477.3m646.3m628.0m402.0m455.8m313.2m198.1m204.6m199.7m111.5m131.0m

Accounts Receivable

26.5m23.0m15.3m19.2m10.2m6.2m6.7m8.1m4.8m3.8m3.7m17.1m17.7m

Current Assets

803.0m766.8m860.0m856.6m639.8m766.9m849.5m812.0m503.2m546.9m404.3m257.6m261.5m239.5m152.4m166.5m

Goodwill

9.6m9.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(638.2m)(152.3m)284.0m(293.6m)56.0m

Depreciation and Amortization

176.3m151.8m157.8m89.6m58.7m

Inventories

Accounts Payable

Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(24.1m)(190.9m)10.4m(193.7m)8.4m42.9m58.4m274.7m50.7m80.6m5.4m8.6m3.7m6.7m

Depreciation and Amortization

42.9m130.3m40.1m79.6m40.2m37.1m75.0m113.7m43.1m85.7m128.9m16.6m31.7m46.1m12.4m24.8m

Cash From Operating Activities

102.4m44.1m65.0m139.6m113.4m203.8m240.6m23.7m36.8m21.0m40.5m

Cash From Investing Activities

(26.9m)(1.8m)(8.2m)123.7m137.6m3.7m31.1m30.3m9.9m12.0m(22.0k)
USDY, 2018

EV/EBIT

39 x

EV/CFO

10.1 x

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

2.7 x
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Overseas Shipholding Group News and Updates

Gunderson Marine and Overseas Shipholding Group, Inc. Announce Major New Vessel Build

LAKE OSWEGO, Ore., July 31, 2018 /PRNewswire/ -- Gunderson Marine LLC ("Gunderson Marine"), a wholly-owned subsidiary of The Greenbrier Companies, Inc. (NYSE: GBX), announced today that it has signed a binding contract with Overseas Shipholding Group, Inc. ("OSG"), a provider of energy...
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Overseas Shipholding Group Company Life and Culture

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Overseas Shipholding Group Frequently Asked Questions

  • When was Overseas Shipholding Group founded?

    Overseas Shipholding Group was founded in 1948.

  • Who are Overseas Shipholding Group key executives?

    Overseas Shipholding Group's key executives are Samuel H. Norton, Richard Trueblood and Damon M. Mote.

  • How many employees does Overseas Shipholding Group have?

    Overseas Shipholding Group has 890 employees.

  • Who are Overseas Shipholding Group competitors?

    Competitors of Overseas Shipholding Group include Tidewater, Ocean Yield and Avance Gas Holding .

  • Where is Overseas Shipholding Group headquarters?

    Overseas Shipholding Group headquarters is located at 1301 Ave of the Americas, New York.

  • Where are Overseas Shipholding Group offices?

    Overseas Shipholding Group has offices in New York, The Woodlands, Tampa and Newark.

  • How many offices does Overseas Shipholding Group have?

    Overseas Shipholding Group has 4 offices.