International Seaways: Excellent Operational Performance, And Cheap (Rating Upgrade)

Oriol Madaula
550 Followers
(7min)

Summary

  • The company's strong financial position and operational performance make it a compelling investment choice in the tanker sector.
  • International Seaways is a major tanker company with a diverse fleet, recently acquiring 6 MRs.
  • Despite a recent stock decline, it remains undervalued and offers potential for a 30% upside.

Oil Tanker at Sea

HeliRy

International Seaways, Inc. (NYSE:INSW) is one of the largest tanker companies, offering exposure to both crude oil and petroleum products. International Seaways owns and operates a fleet of 85 vessels, including 13 VLCCs, 13 Suezmaxes, five Aframaxes/LR2s, 7 LR1s, and 41 MR tankers. Additionally, it has

This article was written by

550 Followers
Oriol Madaula is an experienced actuary with a strong interest in value investing and a practical approach to the financial world. He holds a Master's degree in Actuarial and Financial Sciences from the University of Barcelona. With a background in the insurance and financial sectors, he has also ventured into consultancy and banking roles in Spain and the United Kingdom. Oriol's investment approach is distinctly centered on value investing, with a particular focus on the shipping sector and a macroeconomic perspective. He manages both long and short positions and employs options for hedghing proposoes and to optimize investment returns.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of INSW, TEN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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