International Seaways Announces Sale of Ownership Interest in LNG Joint Venture
International Seaways, Inc. (INSW)
Last international seaways, inc. earnings: 3/3 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
intlseas.com/corporateprofile
Company Research
Source: Business Wire
Transaction Strengthens International Seaways’ Balance Sheet and Furthers Capital Allocation Strategy NEW YORK--(BUSINESS WIRE)--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 in International Flag markets, announced today that the Company has sold its 49.9% ownership interest in its joint venture with Qatar Gas Transport Company Ltd. (Nakilat), which owns four liquefied natural gas (“LNG”) carriers to Nakilat for $123 million in cash.“Nakilat and INSW worked in partnership to conclude this transaction, demonstrating the high level of teamwork the companies have shared for over 15 years,” said Lois K. Zabrocky, International Seaways’ President and CEO. “Nakilat continues to be a very valued INSW partner and remains an important part of our ongoing commitment to our business relationships in Qatar. By monetizing our interest in the joint ve
Show less
Read more
Impact Snapshot
Event Time:
INSW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INSW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INSW alerts
High impacting International Seaways, Inc. news events
Weekly update
A roundup of the hottest topics
INSW
News
- Declining Stock and Solid Fundamentals: Is The Market Wrong About International Seaways, Inc. (NYSE:INSW)? [Yahoo! Finance]Yahoo! Finance
- International Seaways, Inc. (NYSE: INSW) had its price target lowered by analysts at Jefferies Financial Group Inc. from $66.00 to $60.00. They now have a "buy" rating on the stock.MarketBeat
- International Seaways' (NYSE:INSW) Shareholders Have More To Worry About Than Only Soft Earnings [Yahoo! Finance]Yahoo! Finance
- International Seaways Inc (INSW) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
- International Seaways, Inc. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
INSW
Earnings
- 11/7/24 - Beat
INSW
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- INSW's page on the SEC website