|Bid||25.41 x 800|
|Ask||25.42 x 800|
|Day's Range||25.00 - 25.64|
|52 Week Range||15.15 - 26.50|
|Beta (3Y Monthly)||0.23|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.50|
International Seaways is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
International Seaways, Inc. (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, announced today that the Company is prepaying $100 million of the outstanding balance of its 2017 Term Loan Facility, together with a 1% prepayment fee, using cash set aside from the proceeds of vessel sales and a portion of the proceeds from the previously announced $123 million sale of its 49.9% stake in the Company’s LNG joint venture. “We are pleased to have further executed on our disciplined and accretive capital allocation strategy by using a substantial portion of our LNG sales proceeds to reduce leverage and significantly lower our cost of capital during a time when our cash position remains strong,” said Jeff Pribor, International Seaways’ CFO.
NEW YORK, Oct. 07, 2019 -- Senior executives from leading publicly listed product tanker, crude oil tanker, and LNG shipping companies will discuss the trends, developments and.
International Seaways, Inc. (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, announced today that the Company has sold its 49.9% ownership interest in its joint venture with Qatar Gas Transport Company Ltd. (Nakilat), which owns four liquefied natural gas (“LNG”) carriers to Nakilat for $123 million in cash. “Nakilat and INSW worked in partnership to conclude this transaction, demonstrating the high level of teamwork the companies have shared for over 15 years,” said Lois K. Zabrocky, International Seaways’ President and CEO.
NEW YORK, Sept. 24, 2019 -- Capital Link’s 11th Annual New York Maritime Forum will take place on Tuesday, October 15, 2019 at The Metropolitan Club, New York City. The Forum.
Tankers International, one of the largest pool operators of VLCCs worldwide (“Tankers International”, the “TI Pool” or “TI”), announced today the addition of two new members, the Hunter Group ASA and Hartree Maritime Partners LLC, and the expansion of its global presence with the opening of an office within the New York offices of International Seaways, Inc. Upon delivery, this brings to 73 the number of tankers under the commercial management of Tankers International incorporating both scrubber and non-scrubber fitted VLCCs. Arctic Securities acted as adviser in facilitating the Hunter Group joining the Tankers International pool.
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NEW YORK, Aug. 19, 2019 -- Capital Link’s 12th Annual Shipping & Marine Services Forum will take place on Tuesday, September 10, 2019 at 116 Pall Mall in London. It is.
International Seaways Inc. (INSW) delivered earnings and revenue surprises of 5.56% and -4.11%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
International Seaways Inc. (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.
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
Moody's Investors Service, ("Moody's") changed the outlook of International Seaways, Inc. ("INSW") to stable from negative. Concurrently, Moody's affirmed INSW's B3 Corporate Family Rating (CFR) and the ratings of the guaranteed senior secured bank credit facilities (issued by International Seaways Operating Corporation, "ISOC"), including the Ba3 rating on the revolving credit facility due 2021 and B3 rating on the first-lien term loan due 2022, and of its senior unsecured notes due 2023 at Caa1.
Profits are on the rise at International Seaways (NYSE: INSW), a New York-based tanker owner with a diversified fleet that could provide upside on multiple fronts. INSW has a fleet spanning multiple size categories within both the crude oil and refined-product tanker segments. On the crude oil side, INSW's spot-employed very large crude carriers (with a capacity of around 300,000 deadweight tons or DWT) achieved an average rate of $31,993 per day, up 148 percent year-on-year.
International Seaways Inc. (INSW) delivered earnings and revenue surprises of 0.00% and 5.78%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / May 9, 2019 / International Seaways, Inc. (NYSE: INSW ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 9, 2019 at 9:00 AM Eastern ...
International Seaways, Inc. , 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 first quarter 2019.
International Seaways Inc. (INSW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.