Greek owner OceanPal is cutting the number of shares in circulation once again to retain its New York listing. The Diana ...

OceanPal (NASDAQ:OP) was trading lower after the shipping company announced a 1-for-25 reverse stock split, effective as of ...

Inc trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving breaking ...

The reverse stock split will take effect, and the Company's common shares will begin trading on a split-adjusted basis on NASDAQ, as of the opening of trading on August 25, 2025, under the existing ...

Greek owner OceanPal posted another loss for the first half as charter revenue halved. The Nasdaq-listed bulker and tanker company recorded a net loss of $10.4m, from a net loss of $9.5m a year ago.

With a median price-to-sales (or "P/S") ratio of close to 1x in the Shipping industry in the United States, you could be forgiven for feeling indifferent about OceanPal Inc.'s (NASDAQ:OP) P/S ...

In September 2023, OceanPal had US$16m in cash, and was debt-free. Looking at the last year, the company burnt through US$4.7m. So it had a cash runway of about 3.3 years from September 2023.

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. OceanPal Inc ( (OP) ) has shared an ...

Because OceanPal is a newly formed entity, it’s difficult to ascertain the company’s future financial trajectory. In addition, should the omicron variant be more transmissible but less deadly ...

OceanPal (OP) plunged 37.3% in premarket trade after it priced its underwritten public offering consisting of 15.6M units at $0.77/unit; each unit consists of one share and one Class ...

Short interest in OceanPal Corp (XNAS:OP) decreased during the last reporting period, falling from 280.30M to 275.20M. This put 1.17% of the company's publicly available shares short.

Initiating coverage of OceanPal, a junior dry bulk shipper that has been recently spun off from parent Diana Shipping. Shares look cheap at an approximately 60% discount to net asset value.