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Eagle Bulk Shipping Inc (EGLE.OQ)

EGLE.OQ on NASDAQ Stock Exchange Global Select Market

4.59USD
1:30am IST
Change (% chg)

$0.04 (+0.88%)
Prev Close
$4.55
Open
$4.55
Day's High
$4.67
Day's Low
$4.48
Volume
104,053
Avg. Vol
105,711
52-wk High
$5.98
52-wk Low
$3.85

Latest Key Developments (Source: Significant Developments)

Eagle Bulk Shipping Reports Q2 Loss Per Share Of $0.08
Tuesday, 30 Jul 2019 

July 29 (Reuters) - Eagle Bulk Shipping Inc ::. REPORTS SECOND QUARTER 2019 RESULTS.Q2 LOSS PER SHARE $0.08.Q2 REVENUE FELL 7 PERCENT TO $69.4 MILLION.Q2 REVENUE ESTIMATE $48.9 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE ESTIMATE $-0.08 -- REFINITIV IBES DATA.QTRLY FLEET UTILIZATION 99.3% VERSUS 99.4%.VOYAGE EXPENSES FOR THREE MONTHS ENDED JUNE 30, 2019 WERE $20.9 MILLION COMPARED TO $17.2 MILLION IN COMPARABLE QUARTER IN 2018.TCE REVENUE FOR QUARTER $38.9 MILLION, DECREASE OF 18% Y-O-Y.  Full Article

Eagle Bulk Shipping Inc Files For Offering Of Up To 3.6 Million Shares Of Co's Common Stock By Selling Shareholders
Thursday, 25 Jul 2019 

July 25 (Reuters) - Eagle Bulk Shipping Inc ::EAGLE BULK SHIPPING INC FILES FOR OFFERING OF UP TO 3.6 MILLION SHARES OF CO'S COMMON STOCK BY SELLING SHAREHOLDERS.  Full Article

Eagle Bulk Shipping Expects Revenues, Net Of Commissions To Be Between $67.3 Mln And $71.5 Mln For Quarter Ending June 30, 2019
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Eagle Bulk Shipping Inc ::EXPECTS REVENUES, NET OF COMMISSIONS TO BE BETWEEN $67.3 MILLION AND $71.5 MILLION FOR QUARTER ENDING JUNE 30, 2019.SEES TCE PER DAY TO BE BETWEEN $9,537 AND $9,927 FOR QUARTER ENDING JUNE 30, 2019.SEES BASIC LOSS PER SHARE TO BE BETWEEN $0.09 AND $0.08 FOR QUARTER ENDING JUNE 30, 2019.SEES CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO BE BETWEEN $64.4 MILLION AND $67.0 MILLION FOR QUARTER ENDING JUNE 30, 2019.SEES TOTAL INTEREST-BEARING DEBT TO BE BETWEEN $337.0 MILLION AND $343.8 MILLION FOR QUARTER ENDING JUNE 30, 2019.EAGLE BULK SHIPPING SEES REVENUES,NET OF COMMISSIONS,CHARTER HIRE, VOYAGE EXPENSES TO BE BETWEEN $36.2 MILLION AND $38.4 MILLION FOR QUARTER ENDING JUNE 30, 2019.Q2 EARNINGS PER SHARE VIEW $-0.08, REVENUE VIEW $48.9 MILLION -- REFINITIV IBES DATA.  Full Article

Proposed Amendment To The Eagle Bulk Shipco Bond Terms To Facilitate The Financing Of Scrubbers
Wednesday, 3 Oct 2018 

Oct 2 (Reuters) - Eagle Bulk Shipping Inc ::PROPOSED AMENDMENT TO THE EAGLE BULK SHIPCO BOND TERMS TO FACILITATE THE FINANCING OF SCRUBBERS.EAGLE BULK SHIPPING - AS PART OF AGREEMENTS, SHIPCO INTENDS TO INSTALL SCRUBBERS ON FOUR OF SECURITY VESSELS.EAGLE BULK SHIPPING - IN ADDITION, SCRUBBERS MAY BE INSTALLED ON UP TO AN ADDITIONAL 18 OF SECURITY VESSELS UNDER OPTIONS AGREEMENTS.EAGLE BULK SHIPPING INC - COST, INCLUDING INSTALLATION, IS EXPECTED TO BE ABOUT USD 2 MILLION PER SCRUBBER.EAGLE BULK SHIPPING - PROPOSED AMENDMENT IS INTENDED TO ALLOW FOR USE OF PROCEEDS FROM SALE OF SECURITY VESSELS, UP TO USD 25 MILLION.EAGLE BULK-SHIPCO TO FUND SCRUBBER INSTALLATION FROM CASH SOURCES INCLUDING AVAILABLE CASH, CASH FLOW FROM OPERATIONS, PROCEEDS FROM SALE OF SECURITY VESSELS.  Full Article

Eagle Bulk Shipping Announces Purchase Of Ultramax Bulkcarrier
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Eagle Bulk Shipping Inc ::EAGLE BULK SHIPPING INC. ANNOUNCES PURCHASE OF ULTRAMAX BULKCARRIER.EAGLE BULK SHIPPING INC - DEAL FOR PURCHASE PRICE OF USD 21.2 MILLION.EAGLE BULK SHIPPING INC - VESSEL SCHEDULED TO BE DELIVERED TO COMPANY DURING Q4 OF 2018.EAGLE BULK SHIPPING INC - UPON DELIVERY OF M/V HAMBURG EAGLE, COMPANY'S FLEET WILL CONSIST OF 47 VESSELS.  Full Article

Eagle Bulk Shipping Taken Delivery Of M/V New London Eagle
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Eagle Bulk Shipping Inc ::EAGLE BULK SHIPPING INC - ‍HAS TAKEN DELIVERY OF ITS NEWLY ACQUIRED VESSEL, M/V NEW LONDON EAGLE, A 2015-BUILT CROWN-63 ULTRAMAX​.EAGLE BULK SHIPPING INC - ‍ACQUISITION OF M/V NEW LONDON EAGLE​ HAS BEEN FUNDED BY CASH ON-HAND AND NEW DEBT OF $8.6 MILLION.  Full Article

Eagle Bulk Shipping Says ‍unit received $65 mln loan commitment for a senior secured credit facility
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Eagle Bulk Shipping Inc -:Eagle Bulk Shipping Inc. announces the pricing of USD 200 million in senior bonds and the arrangement of a USD 65 million credit facility.Eagle Bulk Shipping Inc - unit ‍has priced $200 million in senior secured bonds which will carry a coupon of 8.25% and be due in November 2022​.Eagle Bulk Shipping Inc- ‍unit received loan commitment from certain existing lenders in amount of $65 million for a senior secured credit facility.Eagle Bulk Shipping Inc - ‍loan will bear an interest rate of Libor plus 3.50% and have a maturity date of November 2022​.  Full Article

Eagle Bulk Shipping Inc. reports third quarter 2017 results
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Eagle Bulk Shipping Inc :Eagle Bulk Shipping Inc. Reports third quarter 2017 results.Q3 loss per share $0.15.Q3 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S.Q3 revenue rose 75 percent to $62.7 million.Q3 revenue view $41 million -- Thomson Reuters I/B/E/S.Eagle Bulk Shipping Inc - qtrly ‍net time and voyage charter revenues were $62.7 million compared with $35.8 million recorded in comparable quarter in 2016​.  Full Article