International Seaways reports Q4 adjusted EPS $2.45, consensus $2.08

Reports Q4 revenue $267.88M, consensus $244.62M. CEO Lois Zabrocky commented, “We concluded 2025 with our strongest quarter since Q1 2024, with solid contributions from both the crude and product segments and a return of VLCCs as leaders in tanker earnings…We remained active through Q4 and into the start of the year highlighted by the sales of older vessels, the strategic consolidation of Tankers International, and substantial returns to shareholders amid the strength of the tanker markets. Strong market fundamentals remain the underlying driver of tanker earnings, while today’s geopolitical environment has served as a powerful catalyst. ..At the same time, we are seeing increased enforcement actions targeting sanctioned tonnage, which now exceeds the size of the orderbook, and we expect this to constrain effective fleet growth in compliant trades. Against this backdrop, Seaways remains well positioned with our significant operating leverage to convert positive market dynamics into strong cash flow generation, supporting the continued execution of our disciplined capital allocation strategy.”