VERO BEACH, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid" or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the third quarter of 2024 following the close of trading on the New York Stock Exchange on Thursday, October 24, 2024. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, October 25, 2024, at 10:00 AM ET. Participants can register and receive dial ...

TORTOLA, British Virgin Islands, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ("Orca" or the "Company" and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management's discussion and analysis for the three and six month periods ended June 30, 2024 ("Q2 2024") with the Canadian securities regulatory authorities. All amounts are in United States dollars ("$") unless otherwise stated. Highl ...

TORTOLA, British Virgin Islands, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ("Orca" or the "Company") (TSX-V: ORC.A, ORC.B) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 (Cdn) per Class A Common Voting Share ("Class A Shares") of the Company and $0.10 (Cdn) per Class B Subordinate Voting Share ("Class B Shares") of the Company. The dividend will be payable on October 14 , 2024 to holders of Class A Shares and Class B Shares of record on September 3 ...

TORTOLA, British Virgin Islands, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ("Orca" or the "Company" and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) announces that its 100% wholly-owned subsidiaries, PanAfrican Energy (Tanzania) ("PAET") and Pan African Energy Corporation (Mauritius) ("PAEM"), have issued a notice of dispute in respect of an investment treaty claim under the Agreement on Promotion and Reciprocal Protection of Investment between the Government of the Republi ...

On July 26, 2024, TPDC sent several letters to PAET and Songas in which it clearly indicated that it will continue to treat any natural gas produced from the Discovery Blocks after July 31, 2024 as Protected Gas, including its stated intention to extend the transfer and assignment to Songas of the right to explore for and develop Protected Gas. PAET has confirmed that it will not consent to such an amendment. Update on Negotiations In 2001, TPDC assigned to Songas the exclusive right to explore for and deve ...

Net Income (Loss)4 Q2 24 Q2 24 $(0.09) $8.58 Total Return 2 Q2 24 Q2 24 (1.97)% $0.36 Orchid Island Capital (NYSE:ORC) reported earnings last week where results were mostly in line with expectations. The company reported a net loss of 9 cents per share for the quarter, and its book value dropped from $9.12 to $8.58 during the quarter. The total return margin carne at -1.97%, significantly down from the previous quarter's 4.18%. Despite these worsening conditions, the company kept its dividend same as before ...

8 1 Forward-Looking Information The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. You should not place undue reliance on these forward-looking statements. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to us. Some of these factors are described under the caption ''Risk Factors'' in our Annual Report on ...

Orchid Island Capital, Inc. (NYSE:ORC) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participants Jason Stewart - Janney Eric Hagen - BTIG. Mikhail Goberman - Citizens Christopher Nolan - Ladenberg Thalman Jim Fowler - Kingsbarn Capital Operator Hello, good morning and welcome to the Second Quarter 2024 Earnings Conference Call of Orchid Island Capital. This call is being recorded today, July 26, 2024. At th ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Orchid Island Capital, Inc. | --- | --- | |----------------|-------| | | | | | | | | | | | | | | | | 27-3269228 | | | | | | | | | (I.R.S. | | | | | | Identification | | Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant has submitted electronically every Interactive ...

Exhibit 99.1 ORCHID ISLAND CAPITAL ANNOUNCES SECOND QUARTER 2024 RESULTS VERO BEACH, Fla. (July 25, 2024) – Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid" or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended June 30, 2024. Second Quarter 2024 Results Other Financial Highlights Management Commentary Commenting on the second quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, "The long-awaited pivot on t ...