International Seaways, Inc. Aktie News

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2024 results before market open on Wednesday, May 8, 2024. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day. Conference Call Details: Date: Wednesday, May 8, 2024 Time 9:00 AM ET Dial-in Numbers...

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 proposed changes to its Board of Directors (the “Board”) ahead of the Company's 2024 Annual Meeting of Stockholders (the “Annual Meeting), which is expected to b...

INSW is a bet on the continuation of the tanker cycle's upward move. The company offers exposure to the broad tanker universe, having crude and product tankers. In 2023, INSW scored remarkable results: a triple-digit cash flow growth and 15% FCF yield. The INSW LTM dividend yield is 12.02%. In FY23, it paid $308 million in dividends, or $6.29/share. The company keeps the payout ratio below 60%.

With so much attention paid to artificial intelligence and cryptocurrencies, the risk-on segment of the global markets has enjoyed tremendous upside, which subsequently makes the search for bargain stocks all the more important. While the heavy hitters can potentially still deliver, it may be time to consider more value-oriented ideas.

Shipping disruptions caused by the Red Sea Crisis and EU sanctions against Russia have increased ton-mile demand. In addition, oil supply growth is driven by non-OPEC+ producers.

International Seaways, Inc. (INSW) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company”, “Seaways”, 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 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Record Annual Earnings: Net income for the full year of 2023 wa...

Most stocks that pay a yield greater than the average among S&P 500 listed companies have failed to produce market-beating results. These three companies have been the exception to the rule.