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

Diamond S Shipping

NEW YORK, March 31, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Diamond S Shipping Inc. ("Diamond S") (NYSE: DSSI) in connection with the proposed acquisition of the Company by International Seaways, Inc. ("INSW" or the "Company") (NYSE: INSW). Under the terms of the merger agreement, Diamond S shareholders will receive 0.55375 shares of INSW common stock for each share of Diamond S common stock that they hold, representing implied per share merger consideration of $10.17 based upon INSW's March 30, 2021 closing price of $18.37.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Diamond S Shipping Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. is fair to International Seaways shareholders. Upon completion of the merger, International Seaways shareholders are expected to own approximately 55.75% of the combined company. Halper Sadeh encourages International Seaways shareholders to click here to learn more about their legal rights and options or conta

International Seaways Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of International Seaways, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – INSW

NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”), two of the leading tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, announced today that their Boards of Directors have unanimously approved a definitive merger agreement pursuant to which INSW will merge with Diamond S in a stock-for-stock tr

International Seaways and Diamond S Shipping Announce Merger

International Seaways, Inc.'s (INSW) CEO Lois Zabrocky on Q4 2020 Results - Earnings Call Transcript

Shares of International Seaways (NYSE:INSW) decreased 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 139.39% over the past year to ($0.52), which missed the estimate of ($0.19).

Recap: International Seaways Q4 Earnings

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 in International Flag markets, today reported results for the fourth quarter and full year 2020. Highlights Net loss for the twelve months ended December 31, 2020 was $5.5 million, or $0.20 per diluted share. Net loss for 2020 reflects the impact of impairments and loss on sale o

International Seaways Reports Fourth Quarter and Full Year 2020 Results

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 in International Flag markets, today announced that it has entered into an agreement to build three dual-fuel LNG VLCCs. The three vessels will be constructed at leading South Korean shipyard DSME and are expected to deliver in 2023. Upon delivery, the three vessels will commence

International Seaways Announces Contract to Build Three Dual-Fuel LNG VLCCs

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release fourth quarter 2020 results before market open on Friday, March 12, 2021. The Company will host a conference call to discuss its fourth quarter 2020 results at 9:00 a.m. Eastern Time (“ET”) on Friday, March 12, 2021. To access the call, participants should dial (855) 940-9471 for domestic callers and (412) 317-5211 for international callers. Please dial in ten m

International Seaways to Announce Fourth Quarter 2020 Results on March 12, 2021

DURECT

HarborOne Bancorp

Investors who target growth could be interested in the following small-cap stocks, as they represent companies whose trailing 12-month net earnings per share improved significantly on a year-over-year basis.

3 Fast-Growing Small Caps to Consider

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 in International Flag markets, today announced that it has signed the Neptune Declaration on Seafarer Wellbeing and Crew Change in a worldwide call to action to end the unprecedented crew change crisis caused by COVID-19. Developed by a taskforce of stakeholders from across the m

International Seaways Signs the Neptune Declaration on Seafarer Wellbeing and Crew Change

AP Moller - Maersk A/S

Danaos

Matson

Nordic American Tankers

Star Bulk Carriers

Ship Finance

These are the shipping stocks with the best value, fastest growth, and most momentum for Q1 2021.

Top Shipping Stocks for Q1 2021

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 in International Flag markets, today announced that it has issued its inaugural Environmental, Social, and Governance (“ESG”) report for 2019. The report outlines the Company's ESG metrics and performance, as well as its vision and goals for the future. “Our inaugural ESG report

International Seaways Issues Inaugural Environmental Social and Governance (ESG) Report

DHT Holdings

Euronav

Teekay Tankers

These are the oil tanker stocks with the best value, fastest growth, and best performance for Q1 2021.

Top Oil Tanker Stocks for Q1 2021

Culp

Carvana

Vanguard Consumer Discretionary ETF

Duluth Hlds

iShares U.S. Home Construction ETF

These seven cyclical stocks offer ample opportunity for growth in the coming quarters as the economy improves. The post 7 Cyclical Stocks To Buy Ahead Of An Economic Recovery appeared first on InvestorPlace.

7 Cyclical Stocks To Buy Ahead Of An Economic Recovery

Capital Product Partners

Golar LNG

Dorian LPG

Teekay LNG Partners

My past year has included much effort learning about and investing in maritime shipping. For certain investors, willing to invest with highly variable durations, shipping has the potential to be quite lucrative.

Who Should Avoid Maritime Shipping

International Seaways' (INSW) CEO Lois Zabrocky on Q3 2020 Results - Earnings Call Transcript

  Shares of International Seaways (NYSE:INSW) moved higher by 0.6% in pre-market trading after the company reported Q3 results.

Recap: International Seaways Q3 Earnings

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 in International Flag markets, today reported results for the third quarter of 2020. Highlights Net income for the third quarter was $14.0 million, or $0.50 per diluted share, compared to a net loss of $11.1 million, or $0.38 per diluted share, in the third quarter of 2019. Net i

International Seaways Reports Third Quarter 2020 Results

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 in International Flag markets, today announced that its two joint ventures with Euronav NV have signed 10-year contract extensions with North Oil Company (NOC), the operator of the Al-Shaheen oil field, whose shareholders are Qatar Petroleum Oil & Gas Limited and Total E&

International Seaways Announces Ten-Year Contract Extensions for Its Two FSO Joint Ventures

International Seaways (INSW) doesn't possess 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) Reports Next Week: Wall Street Expects Earnings Growth

International Seaways is seen as one of the top shipping stocks for Q4 2020. The company reported a net income of $64.4 million in Q2 2020, compared to a net loss of $16.5 million in Q2 2019.

International Seaways: Either A Bargain Or A Value Trap

Frontline

Chinese water torture is defined as “a painful process in which cold water is slowly dripped onto the scalp, forehead or face for a prolonged period of time, allegedly making the restrained victim insane.” Crude-tanker owners and investors may face their own version of this ancient torment.

Why crude-tanker collapse could be long and painful

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2020 results before market open on Friday, November 6, 2020. The Company will host a conference call to discuss its third quarter 2020 results at 9:00 a.m. Eastern Time (“ET”) on Friday, November 6, 2020. To access the call, participants should dial (855) 940-9471 for domestic callers and (412) 317-5211 for international callers. Please dial in ten

International Seaways to Announce Third Quarter 2020 Results on November 6, 2020

DISH Network

FS KKR Capital Corp

Provident Bancorp

United States Cellular

Although earnings season has continued its strong run, markets are set to sharply drop today amidst an influx of poor data and bad news. Sentiment was surely strong to start off October, however, it has certainly flipped this week.

Top Stocks To Buy Today Amid Renewed Concerns Of Markets Falling

Costamare

KNOT Offshore Partners

These are the shipping stocks are the best for value, fastest growth, and performance for Q4 2020.

News for International Seaways Stock (INSW)