International Seaways, Inc. is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets. International Seaways owns and operates a fleet of 36 vessels, including 11 VLCCs, two Suezmaxes, 4 Aframaxes/LR2s, 13 Panamaxes/LR1s and 4 MR tankers. Through joint ventures, it has ownership interests in two floating storage and offloading service vessels. International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. International Seaways is headquartered in New York City, NY.
Company profile
Ticker
INSW
Exchange
Website
CEO
Lois K. Zabrocky
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Carnival • Carnival Corp. • Royal Caribbean • NCL • Norwegian Cruise Line • Tidewater • Seapeak • Altera Infrastructure • Kirby • Golar Lng ...
Former names
OSG International, INC
SEC CIK
Corporate docs
Subsidiaries
Where Incorporated • 1372 Tanker Corporation • Adrian Shipholding Inc. • Africa Tanker Corporation • Aias Carriers Corp • Alcesmar Limited • Alcmar Limited • Amalia Product Corporation • Ambermar Product Carrier Corporation • Amoureux Carriers Corp ...
IRS number
980467117
INSW stock data
Analyst ratings and price targets
Latest filings (excl ownership)
S-3ASR
Automatic shelf registration
23 Dec 22
8-K
Other Events
23 Dec 22
8-K
Regulation FD Disclosure
23 Nov 22
8-K
Termination of a Material Definitive Agreement
17 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
International Seaways Reports Third Quarter 2022 Results
8 Nov 22
DEFA14A
Additional proxy soliciting materials
2 Sep 22
8-K
International Seaways Issues Statement In Response to Famatown
2 Sep 22
8-K
Regulation FD Disclosure
22 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
Transcripts
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
INSW
Earnings call transcript
2021 Q1
9 May 21
INSW
Earnings call transcript
2020 Q4
12 Mar 21
INSW
Earnings call transcript
2020 Q3
6 Nov 20
INSW
Earnings call transcript
2020 Q2
7 Aug 20
Latest ownership filings
4
Jeffrey Pribor
4 Jan 23
4
James D Small III
16 Dec 22
SC 13D/A
Navig8 Risk Management Pte. Ltd.
8 Dec 22
4
Jeffrey Pribor
2 Dec 22
4
Derek G. Solon
28 Nov 22
4
Lois K Zabrocky
28 Nov 22
4
William F. Nugent
23 Nov 22
4
James D Small III
22 Nov 22
4
Lois K Zabrocky
18 Nov 22
4
IAN T BLACKLEY
17 Nov 22
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 175.53 mm | 175.53 mm | 175.53 mm | 175.53 mm | 175.53 mm | 175.53 mm |
| Cash burn (monthly) | 18.73 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 73.07 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 102.46 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 5.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
81.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 166 |
| Opened positions | 47 |
| Closed positions | 23 |
| Increased positions | 38 |
| Reduced positions | 56 |
| 13F shares | Current |
|---|---|
| Total value | 1.27 bn |
| Total shares | 40.01 mm |
| Total puts | 39.00 k |
| Total calls | 103.40 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Famatown Finance | 8.27 mm | $238.83 mm |
| Vanguard | 3.59 mm | $126.01 mm |
| BLK Blackrock | 3.37 mm | $118.24 mm |
| Donald Smith & Co. | 2.77 mm | $97.18 mm |
| Dimensional Fund Advisors | 2.29 mm | $80.51 mm |
| cobas asset management, sgiic | 2.28 mm | $50.86 mm |
| WL Ross & Co | 1.38 mm | $20.11 mm |
| T. Rowe Price Investment Management | 1.26 mm | $44.13 mm |
| Frontier Capital Management | 1.21 mm | $19.71 mm |
| Brightlight Capital Management | 814.80 k | $28.62 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Jan 23 | Jeffrey Pribor | Common Stock, no par value per share | Sell | Dispose S | No | Yes | 36.62 | 1,000 | 36.62 k | 66,594 |
| 15 Dec 22 | Small James D III | Common Stock, no par value per share. | Sell | Dispose S | No | No | 39.2066 | 6,500 | 254.84 k | 60,851 |
| 1 Dec 22 | Jeffrey Pribor | Common Stock, no par value per share | Sell | Dispose S | No | Yes | 43.09 | 1,000 | 43.09 k | 67,594 |
| 25 Nov 22 | Solon Derek G. | Common Stock, no par value per share | Sell | Dispose S | No | No | 44.5 | 5,000 | 222.50 k | 28,929 |
| 23 Nov 22 | Zabrocky Lois K | Common Stock, no par value per share | Sell | Dispose S | No | No | 43.9048 | 40,000 | 1.76 mm | 100,497 |
News
Dow Drops Over 150 Points; Goldman Sachs Profit Misses Expectations
17 Jan 23
Dow Drops 150 Points; US Inflation Rate Slows In December
12 Jan 23
Bulls In A Bear Market: These 10 Stocks Clocked Gains In Excess Of 100% In 2022
31 Dec 22
International Seaways's Return On Capital Employed Insights
6 Dec 22
International Seaways: Dividend Insights
2 Dec 22
Press releases
International Seaways – Focus on Deleveraging, Dividends & ESG Highlights from the Capital Link Presentation Series
25 Jan 23
International Seaways to Participate in Capital Link's Company Presentation Series
13 Jan 23
16 Companies to Participate in Capital Link's Corporate Presentation Series
4 Jan 23
International Seaways Reports Third Quarter 2022 Results
8 Nov 22