Overseas Shipholding (OSG) - 2024 Q1 - Quarterly Results

Sam Norton, OSG's President and CEO, said, "OSG's first quarter results continued the recent trend of steadily improving cashflow and profitability. The 35.7% growth in earnings per share when compared with the first quarter of 2023 is particularly noteworthy, reflecting in one data point the combined effect of numerous initiatives undertaken over the past 12 months to deliver shareholder value. In this light, it is also gratifying that the Board expressed its confidence by declaring a second quarterly divi ...