international seaways, inc. (nyse: insw) is engaged in the ownership and operation of crude, product, and chemical tankers around the world. international seaways commenced operations through its predecessor company in 2016 and currently owns and operates a fleet of 77 vessels. international seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. the company stands on a solid financial foundation ready to support the business and provide for agile opportunity seeking and well-timed growth. international seaways provides shipping services to customers through voyage charters, commercial pools and time charters. it works closely with all stakeholders to understand their needs and strives to exceed their expectations. the company enjoys close long term working relationships with its key commercial and technical management partners, and views the continued development of these relationships as c
Company profile
Ticker
INSW
Exchange
Website
CEO
Lois K. Zabrocky
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
OSG International, INC
SEC CIK
Corporate docs
Subsidiaries
Where Incorporated • Africa Tanker Corporation • Amalia Product Corporation • Apollonas Shipping Company • Asterias Crude Carrier S.A. • Athens Product Tanker Corporation • Batangas Tanker Corporation • Belerion Maritime Co. • Carl Product Corporation • CPT Alliance Ltd. ...
IRS number
980467117
INSW stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
19 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
International Seaways Reports Fourth Quarter and Full Year 2023 Results
29 Feb 24
8-K
Departure of Directors or Certain Officers
20 Feb 24
8-K
Entry into a Material Definitive Agreement
20 Dec 23
424B5
Prospectus supplement for primary offering
20 Dec 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
International Seaways Reports Third Quarter 2023 Results
7 Nov 23
8-K
Entry into a Material Definitive Agreement
2 Oct 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
Transcripts
INSW
Earnings call transcript
2023 Q3
7 Nov 23
INSW
Earnings call transcript
2023 Q2
9 Aug 23
INSW
Earnings call transcript
2023 Q1
5 May 23
INSW
Earnings call transcript
2022 Q4
28 Feb 23
INSW
Earnings call transcript
2022 Q3
8 Nov 22
INSW
Earnings call transcript
2022 Q2
9 Aug 22
INSW
Earnings call transcript
2022 Q1
4 May 22
INSW
Earnings call transcript
2021 Q4
2 Mar 22
INSW
Earnings call transcript
2021 Q3
9 Nov 21
INSW
Earnings call transcript
2021 Q2
9 Aug 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 138.98 mm | 138.98 mm | 138.98 mm | 138.98 mm | 138.98 mm | 138.98 mm |
Cash burn (monthly) | (no burn) | 3.05 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 18.16 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 120.82 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 39.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
98.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 215 |
Opened positions | 39 |
Closed positions | 33 |
Increased positions | 64 |
Reduced positions | 78 |
13F shares | Current |
---|---|
Total value | 1.34 tn |
Total shares | 48.20 mm |
Total puts | 99.70 k |
Total calls | 134.10 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Famatown Finance | 8.27 mm | $238.83 mm |
Vanguard | 3.58 mm | $161.15 bn |
Dimensional Fund Advisors | 3.08 mm | $138.41 bn |
BLK Blackrock | 2.83 mm | $127.46 bn |
Alliancebernstein | 2.69 mm | $120.91 bn |
EPS Ventures | 2.48 mm | $84.92 mm |
Navig8 Risk Management Pte. | 2.32 mm | $98.83 mm |
cobas asset management, sgiic | 2.28 mm | $50.86 mm |
Fire Capital SE Pale | 1.74 mm | $78.34 bn |
WL Ross & Co | 1.38 mm | $20.11 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Oshodi Adewale | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 328 | 0.00 | 11,847 |
15 Mar 24 | Oshodi Adewale | Common Stock | Other | Acquire J | No | No | 0 | 713 | 0.00 | 12,175 |
15 Mar 24 | Oshodi Adewale | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 713 | 0.00 | 0 |
15 Mar 24 | Nugent William F. | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 1,005 | 0.00 | 50,564 |
15 Mar 24 | Nugent William F. | Common Stock | Other | Acquire J | No | No | 0 | 2,143 | 0.00 | 51,569 |
15 Mar 24 | Nugent William F. | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 2,143 | 0.00 | 0 |
15 Mar 24 | Solon Derek G. | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 1,004 | 0.00 | 44,647 |
15 Mar 24 | Solon Derek G. | Common Stock | Other | Acquire J | No | No | 0 | 2,143 | 0.00 | 45,651 |
15 Mar 24 | Solon Derek G. | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 2,143 | 0.00 | 0 |
15 Mar 24 | Small James D III | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 1,656 | 0.00 | 55,677 |
News
Jefferies Reiterates Buy on International Seaways, Maintains $66 Price Target
29 Feb 24
International Seaways Q4 2023 GAAP EPS $2.68 Beats $2.09 Estimate, Total Shipping Revenues $250.70M Beat $237.95M Estimate
29 Feb 24
Earnings Scheduled For February 29, 2024
29 Feb 24
5 Value Stocks In The Energy Sector
25 Jan 24
Press releases
International Seaways Reports Fourth Quarter and Full Year 2023 Results
29 Feb 24
International Seaways to Announce Fourth Quarter and Full Year 2023 Results on February 29, 2024
1 Feb 24
International Seaways, Inc. to Present at Capital Link's Company Presentation Series
16 Jan 24
Register for Capital Link's 2024 Virtual Corporate Presentation Series
10 Jan 24
George Economou Nominates Two Candidates for Genco Board
10 Jan 24