---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018570"
form_type: "8-K"
ticker: null
cik: "0000075208"
company_name: "OVERSEAS SHIPHOLDING GROUP INC"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:25:22.448474+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OSG Q1 net income $14.6M ($0.19 EPS), revenue up 3.3% YoY

## Summary
- Net income $14.6M ($0.19 diluted EPS) vs $12.1M ($0.14) in Q1 2023, up 35.7% per share.
- Adjusted EBITDA $43.9M, up 7.3% from $40.9M; TCE revenues $110.1M, +5.7%.
- Shipping revenues $117.5M, +3.3% vs $113.8M in prior-year quarter.
- Board declared $0.06 per share dividend, paid April 10, 2024; second quarterly dividend.
- Exercised option to extend bareboat charter of Overseas Tampa for five years through June 2030.

## SEC filing metadata
- accession: 0001493152-24-018570
- form_type: 8-K
- cik: 0000075208
- company_name: OVERSEAS SHIPHOLDING GROUP INC
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75208/000149315224018570/0001493152-24-018570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75208/000149315224018570/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018570
- JSON: https://secwatch.observer/filing/0001493152-24-018570.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018570.txt

## Key facts
- Earnings Releases
  OVERSEAS SHIPHOLDING GROUP INC reported the first quarter of 2024 results: revenue $117.5 million, net income $14.6 million, EPS $0.19 per diluted share.
  - Period: the first quarter of 2024
  - Revenue: $117.5 million
  - Net income: $14.6 million
  - EPS: $0.19 per diluted share
  - Result: reported results
  source text: for the first quarter of 2024 was $43.9 million, an increase of $3.0 million, or 7.3%, from the first quarter of 2023. ● Shipping revenues for the first quarter of 2024 were $117.5 million, an increase of $3.7 million, or 3.3%, compared to the first quarter of 2023. ● Time charter equivalent (TCE) revenues (B) , a non-GAAP measure, for the first quarter of 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/75208/000149315224018570/0001493152-24-018570-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.