INSW - Earnings announcements

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 first quarter 2026. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the first quarter of 2026 was $286 million, or $5.75 per diluted share. Adjusted net income(1) for the first quarter of 2026 was $194 million, or $3.90 per diluted share. Adjusted EBITDA(1) for the first quarter or 2026 was $244 million. Returns to Shareholders: Declared the largest quarterly dividend in Company history: $4.55 per share to be paid in June

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release first quarter 2026 results before market open on Thursday, May 7, 2026. 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: Thursday, May 7, 2026 Time 9:00 AM ET Dial-in Numbers US: +1 (800) 715-9871   International: +1 (646) 307-1963 Conference ID 1842743 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the confe

Cumulative Shareholder Returns to Exceed $1 Billion Since 2020 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 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Annual and Quarterly Results: Net income for the fourth quarter of 2025 was $128 million, or $2.56 per diluted share. Net income for the full year was $309 million, or $6.23 per diluted share. Adjusted net income(1), defined as net income excluding special items, for the fourth quarter of 2025 was $122 million, or $2.45

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release fourth quarter and full year 2025 results before market open on Thursday, February 26, 2026. 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: Thursday, February 26, 2026 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 699376 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/.

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 third quarter 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the third quarter of 2025 was $71 million, or $1.42 per diluted share. Adjusted net income(1), defined as net income excluding special items, for the third quarter of 2025 was $57 million, or $1.15 per diluted share, which excludes gains on vessel sales in connection with the fleet optimization described below. Adjusted EBITDA(1) for the third quarter or 2025 was $10

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release third quarter 2025 results before market open on Thursday, November 6, 2025. 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:   Thursday, November 6, 2025 Time   9:00 AM ET Dial-in Numbers   US: +1 (833) 470-1428     International: +1 (929) 526-1599 Conference ID   750591 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio

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 second quarter 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the second quarter of 2025 was $62 million, or $1.25 per diluted share. Adjusted net income(1), defined as net income excluding special items, for the second quarter of 2025 was $50 million, or $1.02 per diluted share, which excludes a gain on vessel sales in connection with the fleet optimization described below. Adjusted EBITDA(1) for the second quarter or 20

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release second quarter 2025 results before market open on Wednesday, August 6, 2025. 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, August 6, 2025 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 323370 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio r

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 first quarter 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the first quarter of 2025 was $50 million, or $1.00 per diluted share. Adjusted net income(1), defined as net income excluding special items, for the first quarter of 2025 was $40 million, or $0.80 per diluted share, which excludes a gain on vessel sales in connection with the fleet optimization described below. Adjusted EBITDA(1) for the first quarter or 2025 was $9

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release first quarter 2025 results before market open on Thursday, May 8, 2025. 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: Thursday, May 8, 2025 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 197408 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference call will be avail

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 2024. HIGHLIGHTS & RECENT DEVELOPMENTS Annual and Quarterly Results: Net income for the fourth quarter was $36 million, or $0.72 per diluted share. Net income for the full year of 2024 was $417 million, or $8.38 per diluted share. Adjusted net income(1), defined as net income excluding special items, for the fourth quarter of 2024 was $45 million, which excludes a non-cash impairment charge in connection with the fleet

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release fourth quarter and full year 2024 results before market open on Thursday, February 27, 2025. 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: Thursday, February 27, 2025 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 121343 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/.

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 third quarter 2024. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the third quarter of 2024 was $92 million, or $1.84 per diluted share. Adjusted net income(1) for the third quarter of 2024 was $78 million, or $1.57 per diluted share. Adjusted EBITDA(1) for the third quarter of 2024 was $130 million. Robust Balance Sheet: Total liquidity was approximately $694 million as of September 30, 2024, including total cash (1) of $153 m

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release third quarter 2024 results before market open on Thursday, November 7, 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: Thursday, November 7, 2024 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 730934 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference call will be

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 second quarter 2024. HIGHLIGHTS & RECENT DEVELOPMENTS Strong Quarterly Earnings: Net income for the second quarter of 2024 was $144.7 million, or $2.91 per diluted share. Adjusted net income(1) for the second quarter of 2024 was $118.0 million, or $2.37 per diluted share. Adjusted EBITDA(1) for the second quarter of 2024 was $167.0 million. Fleet Optimization Program: Took delivery of six eco MRs, built between 2014 and 2015, in the second q

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release second quarter 2024 results before market open on Wednesday, August 7, 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, August 7, 2024 Time   9:00 AM ET Dial-in Numbers   US: +1 (833) 470-1428     International: +1 (929) 526-1599 Conference ID   832060 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio r

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 first quarter 2024. HIGHLIGHTS & RECENT DEVELOPMENTS Strong Quarterly Earnings: Net income for the first quarter of 2024 was $144.5 million, or $2.92 per diluted share. Adjusted EBITDA(1) for the first quarter of 2024 was $191.5 million. Balance Sheet Enhancements: Total liquidity was approximately $626 million as of March 31, 2024, including total cash (1) of $215 million and $411 million of undrawn revolving credit capacity. Net loan-to-va

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 US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 049587 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conf

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 was $556.4 million, or $11.25 per diluted share, representing an increase of $168.6 million compared to the full year of 2022, which was $387.9 million, or $7.77 per share. Net income for the fourth quarter was $132.1 million, or $2.68 per diluted share, compared to net income of $218.4 million, or $4.40 per diluted share,

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release fourth quarter and full year 2023 results before market open on Thursday, February 29, 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:   Thursday, February 29, 2024 Time   9:00 AM ET Dial-in Numbers   US: +1 (833) 470-1428     International: +1 (929) 526-1599 Conference ID   708633 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.

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 third quarter 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the third quarter was $98 million, or $1.99 per diluted share, compared to net income of $113 million, or $2.28 per diluted share, in the third quarter of 2022. Cumulative net income over the last twelve months was $643 million. Adjusted EBITDA(A) for the third quarter was $151 million. Total liquidity was approximately $581 million as of September 30, 2023, including cash and short

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release third quarter 2023 results before market open on Tuesday, November 7, 2023. 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: Tuesday, November 7, 2023 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 300167 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/

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 reported results for the second quarter 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the second quarter was approximately $154 million, or $3.11 per diluted share, compared to net income of approximately $69 million, or $1.38 per diluted share, in the second quarter of 2022. Cumulative net income over the last twelve months is approximately $658 million. Adjusted EBITDA(A) for the second quarter was approximately $205 million. Total liquidity was approximately $493 million as

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release second quarter 2023 results before market open on Wednesday, August 9, 2023. 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, August 9, 2023 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 221822 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio r

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 reported results for the first quarter 2023. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the first quarter was approximately $173 million, or $3.47 per diluted share, compared to a net loss of approximately $13 million, or $0.26 per diluted share, in the first quarter of 2022. Cumulative net income over the last three quarters is over $500 million. Adjusted EBITDA(A) for the first quarter was approximately $209 million. Total liquidity was approximately $519 million as of March 31,

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release first quarter 2023 results before market open on Friday, May 5, 2023. 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: Friday, May 5, 2023 Time 9:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 455645 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference

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 reported results for the fourth quarter and full year of 2022. HIGHLIGHTS & RECENT DEVELOPMENTS Highest Earnings in Our History: Net income for the fourth quarter was $218.4 million, or $4.40 per diluted share, compared to a net loss of $34.0 million, or $0.68 per diluted share, in the fourth quarter of 2021. For the full year 2022, net income was $387.9 million, or $7.77 per diluted share, representing an increase of $521.4 million compared to the full year of 2021, which was a net loss of $1

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release fourth quarter and full year 2022 results before market open on Tuesday, February 28, 2023. The Company will host a conference call for investors at 10:00 a.m. Eastern Time ("ET") on the same day. Conference Call Details: Date: Tuesday, February 28, 2023 Time 10:00 AM ET Dial-in Numbers US: +1 (833) 470-1428   International: +1 (929) 526-1599 Conference ID 426484 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the co

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 reported results for the third quarter of 2022. HIGHLIGHTS & RECENT DEVELOPMENTS Record earnings for the second consecutive quarter: Net income for the third quarter was $113.4 million, or $2.28 per diluted share, compared to a net loss of $67.4 million, or $1.44 per diluted share, in the third quarter of 2021. Adjusted EBITDA(A) for the third quarter was approximately $157.1 million. Total liquidity was $475.5 million as of September 30, 2022, which includes cash(B) of $255.5 million and

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release third quarter 2022 results before market open on Tuesday, November 8, 2022. 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: Tuesday, November 8, 2022 Time 9:00 AM ET Dial-in Numbers US: +1 (844) 200-6205   International: +1 (929) 526-1599 Conference ID 110251 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference call will be av

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 reported results for the second quarter of 2022. HIGHLIGHTS & RECENT DEVELOPMENTS Net income for the second quarter was $69.0 million, or $1.38 per diluted share, compared to a net loss of $18.8 million, or $0.67 per diluted share, in the second quarter of 2021. Net income for the second quarter of 2022 excluding one-time items (described below) was $71.5 million, or $1.43 per diluted share. Adjusted EBITDA(A) for second quarter was approximately $111.7 million. Cash(B) was $231.7 million

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release second quarter 2022 results before market open on Tuesday, August 9, 2022. 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: Tuesday, August 9, 2022 Time 9:00 AM ET Dial-in Numbers US: +1 (844) 200-6205   International: +1 (929) 526-1599 Conference ID 772255 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference call will be

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 reported results for the first quarter of 2022. HIGHLIGHTS & RECENT DEVELOPMENTS Fleet Optimization Program: Purchased the Seaways Eagle, a 2011-built LR1, for effectively $3 million and the sale of a 2010-built MR. The Seaways Eagle was delivered into our niche joint venture, Panamax International ("PI"), which historically outperforms the market. The LR1 vessel was swapped with the MR into a senior debt facility with no further mandatory repayment. Paid final installment on our contribut

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release first quarter 2022 results before market open on Wednesday, May 4, 2022. The Company will host a conference call for investors at 8:30 a.m. Eastern Time ("ET") on the same day. Conference Call Details:   Date:   Wednesday, May 4, 2022   Time   8:30 AM ET   Dial-in Numbers   US: +1 (833) 329-1696       International: +1 (639) 380-0031   Conference ID   8498434 A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference call

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 reported results for the fourth quarter and full year of 2021. Highlights Transformational Merger: Completed the stock-for-stock merger with Diamond S Shipping Inc. ("Diamond S"), creating one of the largest U.S.-listed diversified tanker companies and significantly enhancing INSW's scale in both crude and clean product markets. The Company expects to realize over $25 million in cost synergies during 2022 in connection with the Diamond S merger. Another $10 million in revenue synergies are

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release fourth quarter and full year 2021 results before market open on Wednesday, March 2, 2022. The Company will host a conference call to discuss its fourth quarter and full year 2021 results at 9:00 a.m. Eastern Time ("ET") on Wednesday, March 2, 2022. To access the call, participants should dial (844) 200-6205 for domestic callers and (929) 526-1599 for international callers. Please dial in ten minutes prior to the start of the call. A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An aud

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW"), the largest U.S. based publicly-traded tanker company, today reported results for the third quarter of 2021. Highlights Completed the previously announced merger with Diamond S Shipping Inc. (NYSE:DSSI), "Diamond S", creating one of the largest U.S.-listed diversified tanker companies. The transaction significantly enhanced INSW's scale in both the crude and clean product markets and is expected to generate approximately $32 million in cost and revenue synergies, expected to be realized within 2022. Integrated the business and personnel of Diamond S to create a leading global maritime energy transportation platform. Con

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release third quarter 2021 results before market open on Tuesday, November 9, 2021. The Company will host a conference call to discuss its third quarter 2021 results at 9:00 a.m. Eastern Time ("ET") on Tuesday, November 9, 2021. To access the call, participants should dial (844) 200-6205 for domestic callers and (929) 526-1599 for international callers. Please dial in ten minutes prior to the start of the call. A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference

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 reported results for the second quarter of 2021. Highlights Subsequent to the end of the quarter, INSW completed the previously announced merger with Diamond S Shipping Inc. (NYSE:DSSI), creating the largest U.S.-listed diversified tanker company. The transaction significantly enhances INSW's scale in both the core crude and product markets and will generate approximately $32 million in cost and revenue synergies, expected to be realized within 2022. Immediately prior to the closing of the m

International Seaways, Inc. (NYSE:INSW) (the "Company" or "INSW") announced today that it plans to release second quarter 2021 results before market open on Monday, August 9, 2021. The Company will host a conference call to discuss its second quarter 2021 results at 9:00 a.m. Eastern Time ("ET") on Monday, August 9, 2021. To access the call, participants should dial (855) 940-9471 for domestic callers and (412) 317-5211 for international callers. Please dial in ten minutes prior to the start of the call. A live webcast of the conference call will be available from the Investor Relations section of the Company's website at https://www.intlseas.com/. An audio replay of the conference call