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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 announced that based on the preliminary voting results provided by its proxy solicitor following the Company's 2023 Annual Meeting of Stockholders (the “Annual Meeting”), INSW stockholders have voted to re-elect all ten of the Company's nominees: Douglas D. Wheat, Timothy.

International Seaways Announces Preliminary Results of 2023 Annual Meeting of Stockholders

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 issued the following statement in response to the public letter released this morning by Famatown Finance Limited (“Seatankers”). The INSW Board of Directors and management team are committed to delivering value to all INSW shareholders. To that end, we want to address the.

International Seaways Responds to Seatankers Group

International Seaways is a medium-sized tanker company with a diverse fleet of 76 tankers. The company has strong earnings, with a P/E ratio of around 3, and a solid balance sheet. INSW is a cheap investment option for exposure to the tanker market, offering regular + special dividends, stock repurchases and debt paydowns.

International Seaways: Strong Buy

The average of price targets set by Wall Street analysts indicates a potential upside of 36.6% in International Seaways (INSW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe International Seaways (INSW) Could Rally 36.58%: Here's is How to Trade

Addus HomeCare

Alaska Air Group

e.l.f. Beauty

Host Hotels & Resorts

Wall Street stocks closed lower on May 9 as investors remained concerned about the scheduled meeting between U.S. political leaders related to the debt ceiling and its outcome. On top of that inflation woes are still looming large on the U.S. stock market.

Bet on These 5 Low Leverage Stocks to Avoid Market Woes

International Seaways (INSW) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $2.96 per share. This compares to loss of $0.28 per share a year ago.

International Seaways (INSW) Surpasses Q1 Earnings and Revenue 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 first quarter 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the first quarter was approximately $173 million, or $3.47 per diluted share, compared to a net loss of approximately $13 million, or $0.26 per diluted share, in the first quar.

International Seaways Reports First Quarter 2023 Results

TORM

I expect TORM stock to continue to grow in the next few years, thanks to favorable market conditions and the still underestimated outlook of Wall Street analysts. But due to its idiosyncratic features and being slightly overcrowded, TORM stock is now a Hold, not a Buy.

TORM Is Still Good, But International Seaways Looks More Interesting

International Seaways (INSW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why International Seaways (INSW) Might Surprise This Earnings Season

Here is how International Seaways (INSW) and Nordic American Tankers (NAT) have performed compared to their sector so far this year.

Is International Seaways (INSW) Outperforming Other Transportation Stocks This Year?

Ardmore Shipping

Scorpio Tankers

Tsakos Energy Navigation Limited

Product tanker equities have generated tremendous returns over the past year and certain names remain attractive for those with a positive view on future market balances. INSW and STNG are my favorites today, whereas TRMD and ASC are not very appealing at current pricing. I believe TNP, D'Amico, and Hafnia also are attractive at this time.

Top Picks For Today's Product Tanker Market

Coty

Darden Restaurants

Whether or not you subscribe to Wall Street's adage “sell in May and go away,” it's nearly impossible to time the market, but you can identify stocks with strong fundamentals. Debunking a longer-term trend, nine out of the last ten years have delivered positive returns between May 1st through October 31st.

Sell In May And Go Away? 3 Stocks To Buy On Weakness

International Seaways (INSW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

International Seaways (INSW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2023 results before market open on Friday, May 5, 2023. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.

International Seaways to Announce First Quarter 2023 Results on May 5, 2023

International Seaways: There Are No Waves High Enough To Stop It

International Seaways went through a merger and fleet update in 2021. The company has seen dramatic margin expansions since 2021.

International Seaways, Inc. Has Set Itself Up For Long-Term Success

Conditions seem to justify vigorous growth potential for the crude oil and petro products industry and International Seaways, Inc. Revenue and profits leapt in FY'22, moving the share price from as low as ~$15 to over $50 per share in four months, making them pricey for retail investors.

International Seaways Is Sailing High Seas

Hims & Hers Health

Intapp

Lumen Technologies

Lyft

NeoGenomics

Turing Holding Corp

Vicor

Wayfair

Mid-cap stocks offer a balance between stability and growth prospects. On the one hand, they offer better growth prospects than large-cap stocks, and on the other, they carry lower risk and more stability than small-cap companies.

5 Best and Worst Performing Mid-Cap Stocks in February 2023

Frontline

Nordic American Tankers

Teekay Tankers

When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the year.

Oil Tankers In Buy Range After Breaking Out Of Bases

Oil tankers have been on an uptrend for the past year, with no real signs of slowing down. In one of the latest developments, Nordic American Tanker Ltd.

Oil Tankers Boost Dividends, See Continued Robust Business In '23

International Seaways, Inc. (NYSE:INSW ) Q4 2022 Earnings Conference Call February 28, 2023 10:00 AM ET Company Participants James Small – General Counsel Lois Zabrocky – President and Chief Executive Officer Jeff Pribor – Chief Financial Officer Bill Nugent – Senior Vice President and Head-Ship Operations Conference Call Participants Chris Robertson – Deutsche Bank Omar Nokta – Jefferies Ben Nolan – Stifel Greg Lewis – BTIG Liam Burke – B. Riley Operator Ladies and gentlemen, welcome to the International Seaways Fourth Quarter 2022 Earnings Conference Call.

International Seaways, Inc. (INSW) Q4 2022 Earnings Call Transcript

International Seaways (INSW) delivered earnings and revenue surprises of 9.64% and 8.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

International Seaways (INSW) Q4 Earnings and Revenues Surpass 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 fourth quarter and full year of 2022. HIGHLIGHTS & RECENT DEVELOPMENTS Highest Earnings in Our History: Net income for the fourth quarter was $218.4 million, or $4.40 per diluted share, compared to a net loss of $34.0 million, or $0.

International Seaways Reports Fourth Quarter and Full Year 2022 Results

DHT Holdings

Dorian LPG

Oil tanker stocks start 2023 with bang after posting strong Q4 earnings and sales. The post Oil Tankers Continue To Rally; Earnings Take Them To The Top appeared first on Investor's Business Daily.

Oil Tankers Continue To Rally; Earnings Take Them To The Top

Ship Finance

The Zacks Industry Rank for the Transportation-Shipping industry paints a dull picture. Braving the industry headwinds are three stocks, INSW, SFL and ASC, which you might consider adding to your portfolio.

News for International Seaways Stock (INSW)