International Seaways, Inc. - INSW STOCK NEWS

International Seaways, Inc. reported a net income of $98 million for Q3 2023, with a cumulative net income of $643 million over the last twelve months. The company executed a new revolving credit facility agreement, prepaid $104 million of the principal outstanding of the $750 Million Credit Facility, and paid a combined $1.42 per share in regular and supplemental dividends in September 2023. They also sold a 2008-built MR for net proceeds of $13 million after debt repayment and declared options for two scrubber-fitted, dual-fuel (LNG) ready, LR1 newbuildings for delivery in the first quarter of 2026.

International Seaways, Inc. (INSW) plans to release Q3 2023 results on November 7, 2023, and will host a conference call for investors on the same day. A live webcast will be available on the company's website, with an audio replay accessible until November 14, 2023.

International Seaways, Inc. (INSW) reported strong Q2 2023 results with net income of $154 million and adjusted EBITDA of $205 million. The company prepaid $75 million of debt, increased share buyback program, and entered new time charter agreements. The PR highlights the company's financial performance, fleet optimization program, and returning cash to shareholders.

International Seaways, Inc. (NYSE: INSW) plans to release Q2 2023 results on August 9, 2023, followed by a conference call. The webcast will be available on the company's website. An audio replay will also be accessible for a week.

International Seaways announces that all ten of its nominees have been re-elected by stockholders at the Annual Meeting. The appointment of Ernst & Young LLP as the independent registered public accounting firm for 2023 was also ratified.

International Seaways, Inc. (NYSE: INSW) has announced the release of its first quarter 2023 financial results before the market opens on May 5, 2023. The company will hold a conference call for investors at 9:00 a.m. ET on the same day, with dial-in options available for both U.S. and international callers. An audio replay will be accessible from 12:00 p.m. ET on May 5 until 11:59 p.m. ET on May 12, 2023. International Seaways operates a fleet of 76 vessels, making it a prominent player in energy transportation services for crude oil and petroleum products globally. Detailed information and access to the live webcast can be found on their official website.

International Seaways (NYSE: INSW) reported record earnings for Q4 and the full year 2022. Q4 net income reached $218.4 million ($4.40 per share), a turnaround from a $34 million loss in Q4 2021. For 2022, net income was $387.9 million ($7.77 per share), up from a $133.5 million loss in 2021. Total liquidity was $541.1 million as of year-end. The company executed a fleet optimization program and announced a combined dividend of $2.00 per share to be paid in March 2023. TCE revenues surged due to increased demand for tankers amid sanctions on Russian oil, with full-year TCE revenues at $853.7 million.

International Seaways, Inc. (NYSE: INSW) will release its fourth quarter and full year 2022 results before market open on February 28, 2023. The Company will host a conference call for investors at 10:00 AM ET on the same date. Investors can access the call via US dial-in numbers: +1 (833) 470-1428 or +1 (929) 526-1599 internationally, using Conference ID 426484. The Company operates a fleet of 77 vessels, providing energy transportation services globally. A live webcast will be available on their website, and an audio replay will be accessible from 12:00 PM ET on February 28 through March 7, 2023.