Comments for OSG - Stockpickr! Your Source for Stock Ideas

Comments for OSG

Added By	Comments	Type	Date Added
barrons2	Frontline Ltd. (FRO) may seek control of Overseas Shipholding. Frontline expects to contact the company's management and other big shareholders to discuss how to boost shareholder value. Frontline has about 1.5 million shares (4.9%).	Love	July 19, 2008
stockerblog	8/4/2008	Love	July 19, 2008
barrons2	OSG's undervalued shares have struggled since reaching 89 last year, and its modest dividend hasn't helped its cause. But Lazard Capital analyst Urs Dur thinks its net assets are worth more than $100 a share and are "a solid fit" for Fredriksen's group of companies, which also includes Golag LNG (GLNG). OSG's model is more complex and personnel-intensive than Frontline's, its position in U.S. flag operator OSG America potentially tricky for foreign owners, and "credit is tight even for blue-chip shippers," he notes. Still, OSG has a solid balance sheet, good management and plans to buy back shares. His price target: 89.	Love	July 12, 2008
barrons2	Five transports revved up their payouts: Alexander & Baldwin (ALEX), CSX (CSX), Expeditors International (EXPD), FedEx (FDX) and Overseas Shipholding (OSG). CSX, FedEx and Overseas Shipholding, however, pay their new disbursements in the current quarter.	Love	July 05, 2008
barrons2	In the Dow transporation sector, Overseas Shipholding Group (OSG) last Monday enriched its quarterly dividend for the third year in a row. The new payout will be 43.75 cents a common share, up a generous 40% from 31.25 cents. Holders of record Aug. 6 will receive the new dividend Aug. 27. The ex-date is Aug. 4. Distributions have been ongoing since 1974. The stock changes hands currently at around 78, down from its 52-week high of 91.49, and yields 2.26%. OSG also announced a new stock-buyback authorization worth $250 million, having completed its prior $200 million program. Since repurchases began two years ago, the company, which is one of the largest crude-oil and refined-petroleum product shippers in the world, has bought back 9.3 million shares for $614 million, or 23.43% of total shares outstanding.	Love	June 14, 2008
barrons2	A group including Frontline (FRO) increased its stake to about 2.29 million shares (7.4%), from 1.63 million (5.2%) reported in March.	Love	May 24, 2008
High Dividends	1.9%	Love	November 14, 2007
pshah	RISING OIL PRICES	Love	October 25, 2007
bettuna	shipping is like subprime, it may not collapse today, but when it does, watch out.	Hate	August 29, 2007
jowesley	best of breed	Love	July 19, 2007
ggaddy	growth	Love	July 06, 2007
kurt mccann	overseas shipping, ships being refurbished	Love	January 23, 2007