OceanPal Inc.
$ 6.25
1.63%
07 Aug - close price
- Market Cap 11,723,800 USD
- Current Price $ 6.25
- High / Low $ 6.66 / 6.15
- Stock P/E N/A
- Book Value 207.39
- EPS -181.80
- Next Earning Report -
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA -0.14 %
- ROE -0.54 %
- 52 Week High 57.50
- 52 Week Low 3.12
About
OceanPal Inc. provides ocean-going transportation services globally. The company is headquartered in Athens, Greece.
Analyst Target Price
N/A
Quarterly Earnings
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-09-04 | 2025-04-15 | 2024-12-31 | 2024-09-30 | 2024-09-05 | 2024-04-15 | 2023-12-31 | 2023-09-30 | 2023-09-12 | 2023-03-31 | 2023-03-30 | 2022-11-29 |
| Reported EPS | -39.63 | -1.26 | -586.1492 | -41.3313 | -578.5713 | -113.9396 | -208.5505 | -531.6428 | 128.7898 | -194.7677 | -0.67 | 0.01 |
| Estimated EPS | 0 | 0 | None | None | None | None | None | None | None | None | None | None |
| Surprise | -39.63 | -1.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Surprise Percentage | None% | None% | None% | None% | None% | None% | None% | None% | None% | None% | None% | None% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Aug 2022 | Jun 2022 | Apr 2022 | |
|---|---|---|---|
| Payment Date | 2022-08-31 | 2022-06-21 | 2022-04-11 |
| Amount | $0.01 | $0.01 | $0.05 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: SVRN
2026-08-07 03:39:34
OceanPal, a company spun off from Diana Shipping, has sold its remaining vessels to Sezali Inc, an affiliate of Greek shipowner Semiramis Paliou, marking its complete exit from the shipping business. This transaction finalizes OceanPal's pivot towards becoming a digital asset and artificial intelligence company, a transformation that began in late 2025. The company's new focus involves managing a treasury concentrated in NEAR cryptocurrency and developing AI infrastructure.
2026-08-06 11:11:20
US-listed OceanPal has announced its complete exit from the shipping industry to concentrate solely on the artificial intelligence (AI) sector. The company finalized the sale of its remaining vessel-holding subsidiary, OP Vessel Holdco LLC, to Sezali Inc., an entity affiliated with its former chairperson, Semiramis Paliou, effectively removing all shipping assets and debt. OceanPal's new sole operating business is SovereignAI Services LLC, focusing on monetizing the NEAR Protocol for AI applications, reflecting a significant strategic shift initiated last October.
2026-08-06 09:39:34
OceanPal, a Nasdaq-listed company, has officially exited the maritime industry by transferring its remaining vessel-holding entity to Sezali Inc. This completes the company's strategic pivot towards artificial intelligence and digital assets, with its sole operational unit now being SovereignAI Services. The deal involved the cancellation of preferred stock and promissory notes instead of cash, and OceanPal now retains no vessels or borrowed debt.
2026-08-06 07:54:46
Nasdaq-listed OceanPal has completed its exit from shipping to fully pivot into artificial intelligence and digital assets. The company sold its remaining fleet interests to Sezali Inc., an entity affiliated with its former chairperson, in exchange for the cancellation of preferred stock and promissory notes rather than cash. This move leaves SovereignAI Services, focused on the NEAR blockchain protocol and secure AI infrastructure, as OceanPal's sole operating business.
2026-08-05 09:39:34
OceanPal Inc. announced the completion of the sale of OP Vessel Holdco LLC to Sezali Inc. on July 31, 2026. This transaction eliminated 12,185 Series C Preferred shares and $5.0 million in outstanding promissory notes, settling entirely in OceanPal securities and debt without any cash exchange. The company now has SovereignAI Services LLC as its sole operating business, boasting a simplified capital structure with no borrowed debt.
2026-08-04 21:15:26
Abra Marinvest Inc. and Ioannis Zafirakis, reporting persons for OceanPal Inc. (SVRN), have filed Amendment No. 24 to their Schedule 13D, indicating they no longer beneficially own any securities of the company. They sold all common shares by March 19, 2026, and transferred all Series C Preferred Stock to OceanPal for cancellation on July 31, 2026. This filing represents a final exit, with their beneficial ownership now at 0% of common stock.
