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International Seaways Inc   (INSW)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Shipping
   Industry Cruise and Shipping
   Sector  Services
 
Price: $53.1100 $-1.02 -1.884%
Day's High: $53.49 Week Perf: 0.23 %
Day's Low: $ 52.55 30 Day Perf: 7.51 %
Volume (M): 470 52 Wk High: $ 65.94
Volume (M$): $ 24,951 52 Wk Avg: $52.43
Open: $53.49 52 Wk Low: $42.08



 Market Capitalization (Millions $) 2,641
 Shares Outstanding (Millions) 50
 Employees 400
 Revenues (TTM) (Millions $) 1,024
 Net Income (TTM) (Millions $) 519
 Cash Flow (TTM) (Millions $) 60
 Capital Exp. (TTM) (Millions $) 2

International Seaways Inc
International Seaways Inc is a leading provider of global transportation services for crude oil and petroleum products. It operates and owns a fleet of vessels that transport energy products across the globe. The company primarily offers its services to oil and energy companies, utilizing its extensive fleet to deliver products safely and efficiently. International Seaways Inc is committed to maintaining a high standard of safety, environmental sustainability, and customer satisfaction in its operations. The company is headquartered in New York City, United States, and operates worldwide.


   Company Address: 600 Third Avenue New York 10016 NY
   Company Phone Number: 578-1600   Stock Exchange / Ticker: NYSE INSW


   

Stock Performances by Major Competitors

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International Seaways Inc

International Seaways Inc reports a drop of -15.85% in Earnings per Share for Q1 2024

Financial news report:
International Seaways Inc, a leading cruise and shipping company, recently released its financial results for the January to March 31, 2024 period. The company reported a decline in income by -15.85% to $2.92 per share, while revenue decreased by -4.433% to $274.40 million compared to the same period last year.
In contrast to the overall trend in the Cruise and Shipping sector, International Seaways Inc's revenue saw a top-line rise of 22.05% in the first quarter of 2024 compared to the previous year's comparable period. This is a positive sign for the company's performance.

International Seaways Inc

International Seaways Inc. Reports Decrease in Net Profit and Revenue for Fourth Quarter of 2023

International Seaways Inc, a leading tanker company providing energy transportation services, reported a decrease in net profit and revenue for the fiscal time-frame ending December 31, 2023. The net profit per share dropped by -34.44% to $2.70 per share from $4.12 a year prior, while earnings grew by 35.71% from the previous quarter. Revenue also saw a decline, dropping by -25.853% to $250.73 million from $338.16 million in the comparable quarter a year prior.
Despite the company's decrease in profitability, the Cruise and Shipping industry as a whole saw a 31.18% growth in revenue from the comparable quarter a year ago in the fourth quarter of 2023. However, International Seaways Inc's net income fell by -39.52% to $132.114 million in the fiscal time-frame ending December 31, 2023.

International Seaways Inc

International Seaways Inc. Faces Declining Income despite Modest Revenue Improvement in Q3 2023

International Seaways Inc. (INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, recently reported its financial results for the third quarter of 2023. The company's net income for the quarter stood at $98 million, or $1.99 per diluted share, compared to $113 million, or $2.28 per diluted share, in the same period last year.
While the company witnessed a revenue improvement of 2.06%, it could not prevent a decline of -12.72% in income compared to the previous year. Revenue was recorded at $241.71 million, while earnings per share stood at $1.99. In contrast to the previous reporting period, income declined by -36.01% from $3.11 per share, and revenue fell by -17.281% from $292.20 million.

International Seaways Inc

International Seaways Inc's Remarkable Financial Performance in the Second Quarter of 2023



International Seaways Inc, a leading Cruise and Shipping company, has reported outstanding financial results for its most recent fiscal period. This article aims to outline the key facts and analyze the implications of these results.
Revenue Growth and Earnings Per Share Surge:
In the second quarter of 2023, International Seaways Inc witnessed a phenomenal 55.264% increase in revenue, amounting to $292.20 million. This significant growth demonstrates the company's ability to attract more customers and generate higher sales. Moreover, earnings per share surged by an impressive 125.36% to $3.11 per share, compared to the corresponding period of the previous year. This remarkable performance indicates improved profitability and effective cost management by the company.

International Seaways Inc

EPS fell while revenue grown rapidly the INSW during the financial three months closing Mar 31 2023

The stock market has been on a whirlwind journey with many roller coaster-like ups and downs. However, there is a glimmer of hope on the horizon with the recent financial reporting from International Seaways Inc. The Cruise and Shipping company, INSWs, has had an astonishing rise in revenue by 182.937% year on year to $287.13 million in the most recent fiscal period, which is a fantastic achievement.
Not only that, but profitability has also turned positive at $3.47 after a dip from the prior financial reporting period of -15.76% from $4.12 per share and revenue that fell by -15.09% from $338.16 million. INSWs has clearly shown that they can weather the storm of an economic downturn and come out on top with a fantastic bottom-line of $172.633 million in the financial interval closing March 31 2023. This is an improvement versus a net shortfall of $-13.001 million in the similar financial reporting period a year ago.







International Seaways Inc's Segments
Time Charter Equivalent Services    97.84 % of total Revenue
International Crude Tankers Segment    48.71 % of total Revenue
International Crude Tankers Segment Time Charter Equivalent Services    46.95 % of total Revenue
International Product Carriers Segment    51.29 % of total Revenue
International Product Carriers Segment Time Charter Equivalent Services    50.89 % of total Revenue
International Crude Tankers Time Charter Equivalent Services    46.95 % of total Revenue
International Product Carriers Time Charter Equivalent Services    50.89 % of total Revenue





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