When thinking about stocks with recession-resistant characteristics, a few key metrics come to mind. First are low-beta stocks. Beta measures how much a stock’s price moves compared to the overall market. A beta of 1 means that, on average, when the market went up 10% in a month, the stock also went up 10%. Conversely, if the market went down 10%, so did the stock. The stock market tends to fall in a recession. So, stocks with betas significantly less than one are likely to fall less than the market, raisin ...

shaunl/E+ via Getty Images Note: I previously covered International Seaways (NYSE:INSW) in April. I discussed that the tanker (crude and product) market has more room for growth due to the dislocation between oil supply and demand. Consumption will grow East while production will grow West, resulting in higher tonne-mile demand for tankers. INSW is well-positioned to capitalize on that. The company has a large and diverse fleet of crude and product tankers. Besides that, INSW keeps its balance sheet healthy ...

A STORE D THING L TH 0 4 TIP H 4 Holly 4 17 l I HeliRy Listen and subscribe to the Marketplace Roundtable on these podcast platforms: International Seaways (NYSE:INSW) CEO Lois Zabrocky and CFO Jeff Pribor joined Value Investor's Edge Live on Aug. 27, 2024, to discuss the crude tanker and product tanker markets and ongoing company prospects. INSW has produced exceptional operating results over the past two years and their balance sheet has been transformed into rock-solid status. However, sentiment has rece ...

Nearmap Yesterday, International Seaways (NYSE:INSW) published its 2024-Q2 quarterly results. Despite the earnings per share missing analysts' expectations by $0.14/share, revenues met projections, leading to a 2.6% rise in the stock during pre-market trading. In this article, I will provide a comprehensive review of International Seaways earnings and I will explain why I believe the stock is worth a buy rating. If you are interested in oil tanker companies, you can have a look at some previous articles tha ...

International Seaways, Inc. Second Quarter 2024 Earnings Presentation August 7, 2024 INSW NYSE Disclaimer Forward-Looking Statements During the course of this presentation, the Company (International Seaways, Inc. (INSW)) may make forward-looking statements or provide forward-looking information. All statements other than statements of historical facts should be considered forward-looking statements. Some of these statements include words such as ''outlook,'' ''believe,'' ''expect,'' ''potential,'' ''contin ...

Start Time: 09:00 January 1, 0000 9:41 AM ET International Seaways, Inc. (NYSE:INSW) Q2 2024 Earnings Conference Call August 07, 2024, 09:00 AM ET Company Participants Lois Zabrocky - President and CEO Jeff Pribor - SVP and CFO Derek Solon - SVP and Chief Commercial Officer James Small - CAO, SVP, Secretary and General Counsel Conference Call Participants Ben Nolan - Stifel Chris Robertson - Deutsche Bank Omar Nokta - Jefferies Sherif Elmaghrabi - BTIG Liam Burke - B. Riley Operator Good morning, everyone, ...

International Seaways (INSW) came out with quarterly earnings of $2.37 per share, missing the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $3.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.20%. A quarter ago, it was expected that this company would post earnings of $2.38 per share when it actually produced earnings of $2.92, delivering a surprise of 22.69%. Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-37836-1 INTERNATIONAL SEAWAYS, INC. (Exact name of registrant as specified in its charter) | --- | --- | |----------------------- ...

Exhibit 99.1 HIGHLIGHTS & RECENT DEVELOPMENTS Balance Sheet Enhancements: New York, NY – August 7, 2024– 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. Strong Quarterly Earnings: · Net income for the second quarter of 2024 was $144.7 million, or $2.91 per diluted share. · Adjusted net income for the s ...

Investors might want to bet on International Seaways (INSW) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analys ...