International Seaways Q3 net income $92M; declares $1.20/share combined dividend

International Seaways, Inc.

2024-Q3 EPS reported $7.66 revenue$757,000,000

Net income $92M ($1.84 diluted EPS); adjusted net income $78M ($1.57 EPS); adjusted EBITDA $130M.
Shipping revenue $225M vs $242M in Q3 2023; TCE revenue $220M vs $236M.
Combined dividend $1.20/share ($0.12 regular + $1.08 supplemental) payable Dec 27, record Dec 13.
Repurchased 501,646 shares for ~$25M at avg $49.81; board increased buyback to $50M.
Sold 2008-built MR for $24M; contracted six dual-fuel LR1 vessels for ~$359M, deliveries H2 2025–Q3 2026.

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