Derek Solon - International Seaways Vice President and Chief Commercial Officer

INSW Stock  USD 53.58  0.33  0.61%   

President

Mr. Derek G. Solon is Vice President and Chief Commercial Officer of the company. Mr Solon was Vice President, Commercial for OSGs International Flag Strategic Business Unit. Prior to assuming that role he served as Vice President, Sale Purchase since 2012. Before joining OSG, Mr. Solon was a Marine Projects Broker at Poten Partners in New York from 2003 to 2012. Prior to joining the commercial shipping industry, Mr. Solon served as an officer in the United States Navy since 1998. since 2016.
Age 48
Tenure 8 years
Address 600 Third Avenue, New York, NY, United States, 10016
Phone212 578 1600
Webhttps://intlseas.com

Derek Solon Latest Insider Activity

Tracking and analyzing the buying and selling activities of Derek Solon against International Seaways stock is an integral part of due diligence when investing in International Seaways. Derek Solon insider activity provides valuable insight into whether International Seaways is net buyers or sellers over its current business cycle. Note, International Seaways insiders must abide by specific rules, including filing SEC forms every time they buy or sell International Seaways'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

International Seaways Management Efficiency

The company has return on total asset (ROA) of 0.141 % which means that it generated a profit of $0.141 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3473 %, meaning that it created $0.3473 on every $100 dollars invested by stockholders. International Seaways' management efficiency ratios could be used to measure how well International Seaways manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.23 in 2024. Return On Capital Employed is likely to climb to 0.26 in 2024. At this time, International Seaways' Intangible Assets are fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.23 in 2024, whereas Net Tangible Assets are likely to drop slightly above 951.3 M in 2024.
The company currently holds 744.53 M in liabilities with Debt to Equity (D/E) ratio of 0.89, which is about average as compared to similar companies. International Seaways has a current ratio of 2.04, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist International Seaways until it has trouble settling it off, either with new capital or with free cash flow. So, International Seaways' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like International Seaways sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for International to invest in growth at high rates of return. When we think about International Seaways' use of debt, we should always consider it together with cash and equity.

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International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York. International Seaways operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2061 people. International Seaways (INSW) is traded on New York Stock Exchange in USA. It is located in 600 Third Avenue, New York, NY, United States, 10016 and employs 2,698 people. International Seaways is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

International Seaways Leadership Team

Elected by the shareholders, the International Seaways' board of directors comprises two types of representatives: International Seaways inside directors who are chosen from within the company, and outside directors, selected externally and held independent of International. The board's role is to monitor International Seaways' management team and ensure that shareholders' interests are well served. International Seaways' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, International Seaways' outside directors are responsible for providing unbiased perspectives on the board's policies.
Adewale Oshodi, Vice President and Controller
Derek Solon, Vice President and Chief Commercial Officer
Chad Valerio, Director
Jeffrey Pribor, Chief Financial Officer, Senior Vice President and Treasurer
Timothy Bernlohr, Independent Director
Geoffrey Carpenter, Vice President and Treasurer of OSG
David Greenberg, Independent Director
Ian Blackley, Independent Director
Lois Zabrocky, President, Chief Executive Officer, Director
Ronald Steger, Director
Alexandra Blankenship, Independent Director
Douglas Wheat, Non-Executive Chairman of the Board
William Nugent, Vice President and Head of Ship Operations
James III, Senior Officer
Gregory Wright, Director
Craig Stevenson, Director
Joseph Kronsberg, Director
David Siever, Head Relations
Randee Day, Independent Director
Nadim Qureshi, Independent Director
James Small, Chief Administrative Officer, Senior Vice President, Secretary and General Counsel
Ty Wallach, Independent Director

International Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is International Seaways a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

International Seaways Investors Sentiment

The influence of International Seaways' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in International. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to International Seaways' public news can be used to forecast risks associated with an investment in International. The trend in average sentiment can be used to explain how an investor holding International can time the market purely based on public headlines and social activities around International Seaways. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
International Seaways' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for International Seaways' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average International Seaways' news discussions. The higher the estimated score, the more favorable is the investor's outlook on International Seaways.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards International Seaways in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, International Seaways' short interest history, or implied volatility extrapolated from International Seaways options trading.

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When determining whether International Seaways is a strong investment it is important to analyze International Seaways' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact International Seaways' future performance. For an informed investment choice regarding International Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Seaways. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy International Stock please use our How to Invest in International Seaways guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running International Seaways' price analysis, check to measure International Seaways' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Seaways is operating at the current time. Most of International Seaways' value examination focuses on studying past and present price action to predict the probability of International Seaways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Seaways' price. Additionally, you may evaluate how the addition of International Seaways to your portfolios can decrease your overall portfolio volatility.
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Is International Seaways' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Seaways. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Seaways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
0.48
Earnings Share
11.25
Revenue Per Share
21.883
Quarterly Revenue Growth
(0.26)
The market value of International Seaways is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Seaways' value that differs from its market value or its book value, called intrinsic value, which is International Seaways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Seaways' market value can be influenced by many factors that don't directly affect International Seaways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Seaways' value and its price as these two are different measures arrived at by different means. Investors typically determine if International Seaways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Seaways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.