No insider purchase over the last 90 days. The latest, by Luria Elaine Goodman, was filed 15 Dec 2023.
Overseas Shipholding Group Inc is a Banks company. Its directors and officers file their transactions with SEC (Form 4). No insider at Overseas Shipholding Group Inc has published a filing in the past twelve months. The most recent one dates from 11 July 2024.
Our records for Overseas Shipholding Group Inc go back to 2016, with 7 purchases and 31 sales on the open market in total.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and Avidia Bancorp, Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2023 · cache
25 of 134 declarations
Overseas Shipholding Group Inc. (OSG) is a U.S.-based marine transportation company listed on the NYSE in the United States under the ticker OSG. The company focuses on liquid bulk transportation, primarily moving crude oil, refined petroleum products, and other energy-related liquid cargoes. In practice, OSG operates as a specialized shipping platform with strong exposure to U.S. domestic energy logistics and regulated coastal trade, rather than as a broad-based commodity shipping operator. In July 2024, OSG announced its combination with Saltchuk Resources, a major strategic event that reshaped the company’s ownership structure and marked an important milestone in its recent corporate history. ([osg.com](https://www.osg.com/?utm_source=openai))
OSG traces its roots to the long-established U.S. tanker shipping industry. Over time, management has refocused the portfolio toward niches where the company can defend margins and operational know-how, especially Jones Act-related trades and other specialized marine transport services. Its headquarters and executive offices are in Tampa, Florida, reinforcing its domestic operating footprint in the United States. In its own communications, OSG describes itself as a provider of liquid bulk transportation services to the energy industry. ([sec.gov](https://www.sec.gov/Archives/edgar/data/75208/000149315224009567/0001493152-24-009567-index.htm?utm_source=openai))
The business model is built around several core revenue streams: U.S.-flag tankers serving domestic coastal and intra-U.S. energy flows, specialized shipping operations, and lightering/ship-to-ship support services. These activities help the company serve energy producers, refiners, and logistics customers that value regulatory compliance, reliability, and access to constrained shipping capacity. In its first-quarter 2024 results, OSG reported higher shipping revenues and improved net income, supported by stronger average daily rates and activity levels tied to petroleum product volumes. ([osg.com](https://www.osg.com/overseas-shipholding-group-reports-first-quarter-2024-results/?utm_source=openai))
From a competitive standpoint, OSG occupies a niche position in a market with meaningful barriers to entry. The Jones Act framework, fleet requirements, safety standards, crewing needs, and capital intensity all limit competition and favor experienced operators. This can support pricing power in favorable markets, but the company remains exposed to tanker rate cycles, drydock timing, maintenance costs, and broader energy-market dynamics. Management noted in 2024 that elevated international freight rates and geopolitical disruptions had helped sustain a supportive environment for U.S. domestic fuel transportation demand. ([osg.com](https://www.osg.com/overseas-shipholding-group-reports-first-quarter-2024-results/?utm_source=openai))
Recent highlights include the publication of OSG’s Sustainability Report in May 2024 and the company’s improved quarterly operating performance during the same year. For investors in France, Belgium, and Switzerland, OSG is best understood as a specialized transport and logistics name tied to the U.S. energy supply chain, with valuation drivers centered on contract coverage, fleet utilization, earnings visibility, and the strategic implications of the Saltchuk transaction. ([osg.com](https://www.osg.com/overseas-shipholding-group-announces-the-release-of-its-sustainability-report-2/?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2023 | 451.9 m USD | 62.5 m USD | 0.77 USD | 10-K |
| Dec 2022 | 466.8 m USD | 26.6 m USD | 0.29 USD | 10-K |
| Dec 2021 | 359.1 m USD | -46.3 m USD | -0.51 USD | 10-K |
| Dec 2020 | 418.7 m USD | 30.0 m USD | n.d. | 10-K |
| Dec 2019 | 355.5 m USD | 8.7 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.