whytestocks
4 years ago
JUST IN: $EGLE Eagle Bulk Shipping Inc. Announces Effectiveness of Previously Announced Reverse Stock Split
STAMFORD, Conn., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced t...
In case you are interested EGLE - Eagle Bulk Shipping Inc. Announces Effectiveness of Previously Announced Reverse Stock Split
Ace Trader
5 years ago
Earnings coming up! Should be good for first Q. not so good for 2nd Q but that's later, for now it's looking better than expected.
Eagle Bulk Shipping Inc. to Issue First Quarter 2020 Results and Hold Investor Conference Call
April 24 2020 - 04:30PM
GlobeNewswire Inc. Print
Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will report its financial results for the first quarter ended March 31, 2020, after the close of stock market trading on Thursday, May 7, 2020. Members of Eagle Bulkβs senior management team will host a teleconference and webcast at 8:00 a.m. ET on Friday, May 8, 2020 to discuss the results.
To participate in the teleconference, investors and analysts are invited to call +1 844-282-4411 in the U.S., or +1 512-900-2336 outside of the U.S., and reference participant code 1689663. A simultaneous webcast of the call, including a slide presentation for interested investors and others, may be accessed by visiting http://www.eagleships.com.
A replay will be available following the call from 11:00 AM ET on May 8, 2020 until 11:00 AM ET on May 17, 2020. To access the replay, call +1 855-859-2056 in the U.S., or +1 404-537-3406 outside of the U.S., and reference passcode 1689663.
About Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. (βEagleβ or the βCompanyβ) is a US-based fully integrated shipowner-operator providing global transportation solutions to a diverse group of customers including miners, producers, traders, and end users. Headquartered in Stamford, Connecticut, with offices in Singapore and Copenhagen, Eagle focuses exclusively on the versatile mid-size drybulk vessel segment and owns one of the largest fleets of Supramax / Ultramax vessels in the world. The Company performs all management services in-house (including: strategic, commercial, operational, technical, and administrative) and employs an active management approach to fleet trading with the objective of optimizing revenue performance and maximizing earnings on a risk-managed basis. For further information, please visit our website: www.eagleships.com.
Company Contact
Frank De Costanzo
Chief Financial Officer
Eagle Bulk Shipping, Inc.
Tel. +1 203-276-8100
Email: investor@eagleships.com
Media Contact
whytestocks
6 years ago
News: $EGLE Eagle Bulk Shipping Inc. Receives Commitment for a New Credit Facility Totaling USD 208 Million
STAMFORD, Conn., Jan. 22, 2019 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle” or the “Company”) announced today that Eagle Bulk Ultraco LLC, a wholly-owned subsidiary of the Company, has received a loan commitment from a consortium of banks ...
Read the whole news https://marketwirenews.com/news-releases/eagle-bulk-shipping-inc-receives-commitment-for-a-new-credit-facility-totaling-usd-208-million-7414862.html
benfrankledger
7 years ago
βOn April 3, 2017, we signed an agreement to cancel this existing time chartered-in contract, and, at the same time, we entered into an agreement to charter-in a 61,400 dwt, 2013 built Japanese vessel for approximately four years (having the same redelivery dates as the aforementioned canceled charter) with options for two additional years.β
benfrankledger
7 years ago
βWe transport a broad range of major and minor bulk cargoes, including but not limited to coal, grain, ore, petcoke, cement and fertilizer, along worldwide shipping routes. As of September 30, 2017 , we owned and operated a modern fleet of 48 Supramax/Ultramax dry bulk vessels. We chartered-in a 37,000 dwt newbuilding Japanese vessel that was delivered in October 2014 for seven years with an option for one additional yearβ
benfrankledger
7 years ago
βWe are Eagle Bulk Shipping Inc., a Marshall Islands corporation incorporated on March 23, 2005 and headquartered in Stamford, Connecticut. We own one of the largest fleets of Supramax/Ultramax dry bulk vessels in the world. Supramax dry bulk are vessels which are constructed with on-board cranes, ranging in size from approximately 50,000 to 59,000 dwt and Ultramax dry bulk vessels range in size from 60,000 to 65,000 dwt. They are considered a sub-category of the Handymax segment typically defined as 40,000 to 65,000 dwt.β
SmartMoney247
8 years ago
Following two private placements (USD 88m/100m), Eagle Bulk (EGLE) has not only secured a prolonged runway, but also positioned itself perfectly to prowl on 2nd hand tonnage at close to all time low values. The company trades cheap on steel (1.3x vs. US peers at 1.9x), whilst EGLEβs EV is pricing in USD 12m per Supramax (2008 built avg.), well below 10y avg. of USD 19m for a 10y old Supra. Assigning same valuation methodology as for the rest of the dry bulk space (30% increase in asset values next two
years), expectations of USD 200m of vessels acquisitions and a 10% premium ascribed to EGLEβs above peers financials coupled with an owner/ industry model with low G&A, we initiative coverage on the fully recharged EGLE with a Buy recommendation and USD 6.7/share TP.