International Seaways Files 8-K on Financials
Ticker: INSW · Form: 8-K · Filed: Nov 7, 2024 · CIK: 1679049
Sentiment: neutral
Topics: financial-reporting, operations
Related Tickers: INSW
TL;DR
INSW filed an 8-K on Nov 7th covering financials. Watch for details.
AI Summary
International Seaways, Inc. filed an 8-K on November 7, 2024, to report on its results of operations and financial condition. The filing also includes information related to Regulation FD disclosure and financial statements and exhibits. No specific financial figures or operational details were provided in the excerpt.
Why It Matters
This 8-K filing provides an update on International Seaways, Inc.'s financial performance and operational status, which is crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting operational and financial information, not indicating any immediate or significant risks.
Key Players & Entities
- International Seaways, Inc. (company) — Filer of the 8-K
- November 7, 2024 (date) — Filing date
FAQ
What specific financial results are being reported by International Seaways, Inc. in this 8-K?
The provided excerpt does not contain specific financial results; it only indicates that the 8-K is filed pursuant to 'Results of Operations and Financial Condition'.
What is the significance of the 'Regulation FD Disclosure' item in this filing?
The 'Regulation FD Disclosure' item suggests that the company is providing information that could be considered material non-public information, ensuring it is simultaneously disclosed to the public.
When was International Seaways, Inc. previously known as OSG International, INC?
The date of the name change from OSG International, INC to International Seaways, Inc. was July 7, 2016.
What is the Standard Industrial Classification code for International Seaways, Inc.?
The Standard Industrial Classification code for International Seaways, Inc. is WATER TRANSPORTATION [4400].
What is the fiscal year end for International Seaways, Inc.?
The fiscal year end for International Seaways, Inc. is December 31.
Filing Stats: 683 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-11-07 07:30:25
Key Financial Figures
- $1.20 — rectors declared a combined dividend of $1.20 per share of common stock for the third
- $0.12 — ised of a regular quarterly dividend of $0.12 per share of common stock and a supplem
- $1.08 — on stock and a supplemental dividend of $1.08 per share of common stock. Both such di
Filing Documents
- tm2427708d1_8k.htm (8-K) — 36KB
- tm2427708d1_ex99-1.htm (EX-99.1) — 303KB
- tm2427708d1_ex99-1img01.jpg (GRAPHIC) — 14KB
- 0001104659-24-115068.txt ( ) — 601KB
- insw-20241107_def.xml (EX-101.DEF) — 26KB
- insw-20241107_lab.xml (EX-101.LAB) — 36KB
- insw-20241107_pre.xml (EX-101.PRE) — 25KB
- insw-20241107.xsd (EX-101.SCH) — 3KB
- tm2427708d1_8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial
Item 2.02 Results of Operations and Financial Condition. The following information, including the Exhibit to this Form 8-K, is being furnished pursuant to Item 2.02 — Results of Operations and Financial Condition of Form 8-K. This information is not deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. On November 7, 2024, International Seaways, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing third quarter 2024 earnings. Section 7 – Regulation FD
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The following information, including the Exhibit to this Form 8-K, is being furnished pursuant to Item 7.01 — Regulation FD Disclosure of Form 8-K. This information is not deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. On November 6, 2024, INSW's Board of Directors declared a combined dividend of $1.20 per share of common stock for the third quarter of 2024, comprised of a regular quarterly dividend of $0.12 per share of common stock and a supplemental dividend of $1.08 per share of common stock. Both such dividends are payable on December 27, 2024 to shareholders of record at the close of business on December 13, 2024. Section 9 – Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Pursuant to General Instruction B.2 of Form 8-K, the following exhibit is furnished with this Form 8-K. Exhibit No. Description 99.1 Press Release dated November 7, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL SEAWAYS, INC. (Registrant) Date: November 7, 2024 By /s/ James D. Small III Name: James D. Small III Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel EXHIBIT INDEX Exhibit No. Description 99.1 Press Release dated November 7, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)