| International Seaways is engaged primarily in the transportation of crude oil and petroleum products in the International Flag trade. Co.'s vessel operations are organized into two segments: Crude Tankers and Product Carriers. The crude oil fleet is comprised of primary crude oil vessel classes. The products fleet transports refined petroleum product cargoes from refineries to consuming markets characterized by both long and short-haul routes. Co.'s vessels consists of Very Large Crude Carrier, Suezmax, Aframax, Panamax crude tankers, as well as Long Range (LR) 1, LR2 and Medium Range product carriers, and Floating Storage Offloading Unit service vessels. We show 18 historical shares outstanding datapoints in our INSW shares outstanding history coverage, used to compute INSW market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing INSW market cap history over the course of time is important for investors
interested in comparing INSW's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of INSW versus a peer is one thing; comparing
INSW market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like INSW can fluctuate over the course of history.
With this page we aim to empower investors researching INSW by allowing them to research the INSW market cap history.