MHY410531021 - Common Stock
INTERNATIONAL SEAWAYS INC
NYSE:INSW (11/21/2024, 1:54:04 PM)
41.23
-0.64 (-1.53%)
International Seaways, Inc. engages in the transportation of crude oil and petroleum products. The company is headquartered in New York City, New York and currently employs 2,698 full-time employees. The company went IPO on 2016-11-16. The firm operates through two segments: Crude Tankers and Product Carriers. The Crude Tankers segment is made up of a fleet of VLCCs, Suezmaxes, and Aframaxes engaged in the worldwide transportation of crude oil. This segment also includes its Crude Tankers Lightering business through which it provides ship-to-ship (STS) lightering support services and full-service STS lightering to customers in the United States Gulf (USG), United States Pacific, Grand Bahama, and Panama regions. The Product Carriers segment consists of a fleet of MRs, LR1 product carriers, and an LR2 product carrier engaged in the worldwide transportation of refined petroleum products. The company owns and operates a fleet of about 77 vessels, including 13 VLCCs, 13 Suezmaxes, five Aframaxes/LR2s, 11 LR1s, of which four are new buildings, and 35 MR tankers.
INTERNATIONAL SEAWAYS INC
600 3rd Ave Fl 39
New York City NEW YORK 10016
P: 12129534100
CEO: Lois K. Zabrocky
Employees: 2698
Website: https://www.intlseas.com/
When you look at INTERNATIONAL SEAWAYS INC (NYSE:INSW), it's hard to ignore the strong fundamentals, especially considering its likely undervaluation.
INSW stock results show that International Seaways missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
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