International Seaways

International Seaways, Inc. engages in the transportation of crude oil and petroleum products. It operates through the following segments: Crude Tankers and Product Carriers. The Crude Tankers segment consists of a fleet of vessels that transport unrefined petroleum. The Product Carriers segment focuses on crude and refined petroleum products. The company was founded on December 6, 1999 and is headquartered in New York, NY.

Earnings data Q1 2021

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International Seaways achieves record earnings, poised for growth in tanker market

International Seaways delivered exceptional financial performance in Q4 2022, driven by record earnings and a disciplined dividend strategy. The company's strong position in the tanker market, focus on efficiency measures, and strategic partnerships position it well for growth. While facing challenges in market uncertainties and regulatory changes, International Seaways has opportunities to capitalize on positive market trends and optimize its fleet for profitability.

International Seaways reports robust Q1 earnings amidst market challenges

International Seaways delivered strong financial results in Q1 2023, showcasing profitability and robust cash flow generation.
Despite challenges such as tanker supply constraints and market uncertainties, the company's solid balance sheet and strategic capital allocation provide resilience.
Opportunities in higher demand regions like Asia and potential dividend increases position International Seaways for continued growth and shareholder value creation.

International Seaways (INSW) posts strong Q2 earnings, eyes tanker market growth

International Seaways (INSW) delivered robust Q2 results, focusing on debt reduction, fleet optimization, and strategic growth initiatives. The company's strong financial performance, liquidity position, and focus on shareholder returns underscore its resilience in the tanker market.

International Seaways reports strong Q3 earnings amidst tanker market optimism

International Seaways delivered a robust performance in Q3 2023, showcasing strong financial metrics and liquidity. The company's focus on balance sheet strength, strategic investments, and positive market outlook positions it well for future growth and capital returns. Challenges may arise from geopolitical events and market dynamics, but opportunities exist in generating cash flows and expanding the fleet.

International Seaways (INSW) reports record earnings and growth opportunities

International Seaways (INSW) delivered a strong financial performance in 2023, marked by record earnings, robust liquidity, and shareholder value creation. The company's focus on fleet renewal, capital discipline, and strategic investments bode well for future growth. Seaways faces challenges in navigating market disruptions but has opportunities for growth in the positive tanker market outlook for 2024.

International Seaways posts strong Q2 results, eyes tanker market growth

International Seaways (INSW) delivered robust Q2 results, emphasizing fleet renewal, balanced capital allocation, and a positive outlook on tanker market demand.
The company's strong financial position, strategic focus on growth, and commitment to shareholder value creation position it well for future opportunities and challenges.
Navigating market seasonality, fleet efficiency improvements, and leveraging growth prospects in the tanker market will be key focus areas for International Seaways moving forward.

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Best tanker market in the last decade, with the potential for rates to reach new highs. This optimism is fueled by a combination of factors, including a low order book, an aging fleet, new regulations, and robust medium-term demand with Atlantic oil production growth. International Seaways is positioned as the safest choice among tanker stocks with its low valuation, good management, and generous dividend yield.

International Seaways: Best Risk/Reward Tanker Company With Significant Upside Potential

International Seaways has reported its quarterly results, which were impacted by inflationary pressures, but the company has significant growth potential due to positive industry dynamics and its expanding fleet. After comparing the forward P/E ratio of 5.23x with the sector median of 9.96x, we can say that the company is undervalued. Despite challenges in the shipping industry, INSW is well-positioned to capture the growing demand in the market and is undervalued, with a potential upside of 90%.

International Seaways: Q3 2023 Confirms Potential Upside

International Seaways, Inc. (NYSE:INSW ) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants James Small – General Counsel and Chief Administrative Officer Lois Zabrocky – President and Chief Executive Officer Jeff Pribor – Chief Financial Officer Derek Solon – Senior Vice President and Chief Commercial Officer Bill Nugent – Senior Vice President and Chief Technical and Sustainability Officer Conference Call Participants Ben Nolan – Stifel Sherif Elmaghrabi – BTIG Christopher Robertson – Deutsche Bank Omar Nokta – Jefferies Liam Burke – B. Riley Operator Hello everyone and welcome to the International Seaways Third Quarter 2023 Results Conference Call.

International Seaways, Inc. (INSW) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company”, “Seaways”, or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the third quarter 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the third quarter was $98 million, or $1.99 per diluted share, compared to net income of $113 million, or $2.28 per diluted share, in the third quarter of 2022. Cum.

International Seaways Reports Third Quarter 2023 Results

International Seaways (INSW) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why 'Trend' Investors Would Love Betting on International Seaways (INSW)

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2023 results before market open on Tuesday, November 7, 2023. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day. Conference Call Details: Date: Tuesday, November 7, 2023 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 300167 A live webcast of.

International Seaways to Announce Third Quarter 2023 Results on November 7, 2023

International Seaways (INSW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

International Seaways (INSW) Upgraded to Buy: What Does It Mean for the Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is International Seaways (INSW) a Great Value Stock Right Now?

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International Seaways stock has increased by 46% in the last year and has a strong financial position. Q2 2023 saw a significant increase in revenues, driven by higher day rates for crude tankers. The company is trading at a discount compared to its peers and has a target price of $58.1/share, representing a 35% upside.

International Seaways: It's Time To Jump Onboard - Strong Buy

International Seaways is well-positioned to thrive in the low global oil inventory environment due to their new fleet and barriers to entry in high-interest rate environments. INSW operates in both the spot market and fixed-rate time charter contracts, providing a diversified business model. The company's financial stability and profitability are supported by its breakeven analysis and competitive edge in regional imbalances and limited fleet growth.

International Seaways: Smooth And Profitable Sailing

International Seaways, Inc. (NYSE:INSW ) Q2 2023 Earnings Conference Call August 9, 2023 9:00 AM ET Company Participants James Small - General Counsel Lois Zabrocky - President and CEO Jeff Pribor - CFO Derek Solon - Chief Commercial Officer Conference Call Participants Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Liam Burke - B. Riley Ben Nolan - Stifel Operator Hello, everyone and welcome to International Seaways Second Quarter 2023 Results Call and thank you for standing by.

International Seaways, Inc. (INSW) Q2 2023 Earnings Call Transcript

International Seaways (INSW) came out with quarterly earnings of $3.12 per share, beating the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $1.43 per share a year ago.

International Seaways (INSW) Q2 Earnings and Revenues Top Estimates

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the second quarter 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the second quarter was approximately $154 million, or $3.11 per diluted share, compared to net income of approximately $69 million, or $1.38 per diluted share, in the second q.

International Seaways Reports Second Quarter 2023 Results

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NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2023 results before market open on Wednesday, August 9, 2023. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day. Conference Call Details: Date: Wednesday, August 9, 2023 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 221822 A live webcast o.

International Seaways to Announce Second Quarter 2023 Results on August 9, 2023

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