Summary
67.71 -0.62(-0.91%)09/06/2024
Scorpio Tankers Inc (STNG)
Scorpio Tankers Inc (STNG)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.93 | -5.35 | -8.88 | -15.76 | -0.67 | 39.67 | 145.44 | -26.42 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 67.71 | |
| Open | 68.40 | |
| High | 69.01 | |
| Low | 67.64 | |
| Volume | 698,251 | |
| Change | -0.64 | |
| Change % | -0.93 | |
| Avg Volume (20 Days) | 652,299 | |
| Volume/Avg Volume (20 Days) Ratio | 1.07 | |
| 52 Week Range | 47.88 - 84.67 | |
| Price vs 52 Week High | -20.03% | |
| Price vs 52 Week Low | 41.42% | |
| Range | -1.01 | |
| Gap Up/Down | -0.68 | |
Fundamentals | ||
| Market Capitalization (Mln) | 3,695 | |
| EBIDTA | 856,300,032 | |
| PE Ratio | 7.1286 | |
| PEG Ratio | -0.2200 | |
| WallStreet Target Price | 83.75 | |
| Book Value | 51.2000 | |
| Earnings Per Share | 10.0300 | |
| EPS Estimate Current Quarter | 2.6300 | |
| EPS Estimate Next Quarter | 2.9800 | |
| EPS Estimate Current Year | 12.6500 | |
| EPS Estimate Next Year | 11.9600 | |
| Diluted EPS (TTM) | 10.0300 | |
| Revenues | ||
| Profit Marging | 0.4078 | |
| Operating Marging (TTM) | 0.4976 | |
| Return on asset (TTM) | 0.1001 | |
| Return on equity (TTM) | 0.2161 | |
| Revenue TTM | 1,341,222,016 | |
| Revenue per share TTM | 25.6110 | |
| Quarterly Revenue Growth (YOY) | -0.3190 | |
| Quarterly Earnings Growth (YOY) | -0.4650 | |
| Gross Profit (TTM) | 1,146,450,000 | |
| Dividends | ||
| Dividend Share | 1.0500 | |
| Dividend Yield | 0.0224 | |
| Valuations | ||
| Trailing PE | 7.1286 | |
| Forward PE | 5.6948 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.4759 | |
| Revenue Enterprise Value | 3.7293 | |
| EBITDA Enterprise Value | 5.5036 | |
| Shares | ||
| Shares Outstanding | 53,107,800 | |
| Shares Float | 42,134,843 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 13.19 | |
| Institutions (%) | 60.35 | |
09/03 06:45 EST - globenewswire.com
Scorpio Tankers Announces Vessel Sales Agreements and a New Time Charter-Out Agreement
MONACO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two vessels and a new time charter-out agreement.
Scorpio Tankers Announces Vessel Sales Agreements and a New Time Charter-Out Agreement
MONACO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two vessels and a new time charter-out agreement.
08/10 03:37 EST - seekingalpha.com
Scorpio Tankers Q2 2024 Earnings: Supportive Market Fundamentals And A Stronger Balance Sheet
Scorpio Tankers' thesis remains at play, with elevated product rates due to increased ton-mile demand from various global events. TCE revenue declined sequentially, but was up 14% (Y/Y). STNG has been deleveraging its balance sheet, reducing the cash break-even level to $12,500 per day. We think the Dangote refinery coming online has increased the ton-mile demand. However, this could be counterproductive once the refinery starts to ramp up gasoline production, reducing imports from Europe.
Scorpio Tankers Q2 2024 Earnings: Supportive Market Fundamentals And A Stronger Balance Sheet
Scorpio Tankers' thesis remains at play, with elevated product rates due to increased ton-mile demand from various global events. TCE revenue declined sequentially, but was up 14% (Y/Y). STNG has been deleveraging its balance sheet, reducing the cash break-even level to $12,500 per day. We think the Dangote refinery coming online has increased the ton-mile demand. However, this could be counterproductive once the refinery starts to ramp up gasoline production, reducing imports from Europe.
08/01 03:07 EST - seekingalpha.com
Scorpio Tankers: H1 2024 Earnings Show That The Company Can Grow More And More
Q2-2024 results: Revenues up 16% year-on-year, net income up 48% year-on-year. Demand for oil tankers is currently higher than supply, leading to pressure on vessel day rates. Vessel day rates remain at historically high levels.
Scorpio Tankers: H1 2024 Earnings Show That The Company Can Grow More And More
Q2-2024 results: Revenues up 16% year-on-year, net income up 48% year-on-year. Demand for oil tankers is currently higher than supply, leading to pressure on vessel day rates. Vessel day rates remain at historically high levels.
07/30 08:55 EST - zacks.com
Scorpio Tankers (STNG) Q2 Earnings and Revenues Beat Estimates
Scorpio Tankers (STNG) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.52 per share. This compares to earnings of $2.41 per share a year ago.
Scorpio Tankers (STNG) Q2 Earnings and Revenues Beat Estimates
Scorpio Tankers (STNG) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.52 per share. This compares to earnings of $2.41 per share a year ago.
07/30 06:45 EST - globenewswire.com
Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2024, the Declaration of a Dividend and an Increase to its Securities Repurchase Program
MONACO, July 30, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2024, the Declaration of a Dividend and an Increase to its Securities Repurchase Program
MONACO, July 30, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
07/23 11:06 EST - zacks.com
Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
07/17 16:36 EST - globenewswire.com
Scorpio Tankers Inc. Announces That on July 30, 2024, the Company Plans to Issue Its Second Quarter 2024 Results and Have a Conference Call
MONACO, July 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) (“Scorpio Tankers,” or the “Company”) announced today that on Tuesday, July 30, 2024, the Company plans to issue its second quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time.
Scorpio Tankers Inc. Announces That on July 30, 2024, the Company Plans to Issue Its Second Quarter 2024 Results and Have a Conference Call
MONACO, July 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) (“Scorpio Tankers,” or the “Company”) announced today that on Tuesday, July 30, 2024, the Company plans to issue its second quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time.
06/17 06:45 EST - globenewswire.com
Scorpio Tankers Inc. Announces Updates on its Securities Repurchase Program and Second Quarter 2024 Daily TCE Revenues
MONACO, June 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues.
Scorpio Tankers Inc. Announces Updates on its Securities Repurchase Program and Second Quarter 2024 Daily TCE Revenues
MONACO, June 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues.
06/11 06:29 EST - globenewswire.com
Scorpio Tankers Inc. Announces Agreements to Sell Five MR Product Tankers
MONACO, June 11, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell five MR product tankers (four 2012 built and one 2013 built). The 2012 built vessels (three of which are scrubber fitted), STI Garnet, STI Onyx, STI Ruby, and STI Topaz, have been contracted to be sold for $142.5 million in aggregate to three separate buyers. The 2013 built vessel, STI Beryl (which is not scrubber fitted), has been contracted to be sold for $36.6 million. The Company will make no debt repayments associated with these sales as these vessels are unencumbered. The sales are expected to close within the third quarter of 2024.
Scorpio Tankers Inc. Announces Agreements to Sell Five MR Product Tankers
MONACO, June 11, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell five MR product tankers (four 2012 built and one 2013 built). The 2012 built vessels (three of which are scrubber fitted), STI Garnet, STI Onyx, STI Ruby, and STI Topaz, have been contracted to be sold for $142.5 million in aggregate to three separate buyers. The 2013 built vessel, STI Beryl (which is not scrubber fitted), has been contracted to be sold for $36.6 million. The Company will make no debt repayments associated with these sales as these vessels are unencumbered. The sales are expected to close within the third quarter of 2024.
05/21 08:30 EST - seekingalpha.com
J Mintzmyer's Note Of Caution On Shipping
Shipping disruptions in the Red Sea have led to increased shipping rates in container ships, oil tankers, and dry bulk. Container ships are the most affected trade, followed by oil tankers.
J Mintzmyer's Note Of Caution On Shipping
Shipping disruptions in the Red Sea have led to increased shipping rates in container ships, oil tankers, and dry bulk. Container ships are the most affected trade, followed by oil tankers.
05/20 06:30 EST - globenewswire.com
Scorpio Tankers Inc. Announces Agreement for a $223.6 Million Prepayment under its 2023 $1.0 Billion Credit Facility
MONACO, May 20, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that it has received approval from majority lenders under its 2023 $1.0 Billion Credit Facility to make an unscheduled repayment on the term portion of this credit facility in June 2024 of $223.6 million. This prepayment is to be applied against the eight quarterly principal installments of the term loan falling due between the third quarter of 2024 and the second quarter of 2026. Given the lower debt service costs arising from this prepayment, the Company's cash break even rates are expected to decrease by approximately $3,500 per day for the first year following this prepayment.
Scorpio Tankers Inc. Announces Agreement for a $223.6 Million Prepayment under its 2023 $1.0 Billion Credit Facility
MONACO, May 20, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that it has received approval from majority lenders under its 2023 $1.0 Billion Credit Facility to make an unscheduled repayment on the term portion of this credit facility in June 2024 of $223.6 million. This prepayment is to be applied against the eight quarterly principal installments of the term loan falling due between the third quarter of 2024 and the second quarter of 2026. Given the lower debt service costs arising from this prepayment, the Company's cash break even rates are expected to decrease by approximately $3,500 per day for the first year following this prepayment.
05/09 14:09 EST - seekingalpha.com
Scorpio Tankers Inc. (STNG) Q1 2024 Earnings Call Transcript
Scorpio Tankers Inc. (NYSE:STNG ) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants James Doyle - Head of Corporate Development & Investor Relations Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Cameron Mackey - Chief Operating Officer Chris Abella - Chief Financial Officer Lars Dencker Nielsen - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore ISI Greg Lewis - BTIG Ken Hoexter - Bank of America Frode Morkedal - Clarksons Securities Chris Robertson - Deutsche Bank Operator Hello and welcome to the Scorpio Tankers Inc. First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
Scorpio Tankers Inc. (STNG) Q1 2024 Earnings Call Transcript
Scorpio Tankers Inc. (NYSE:STNG ) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants James Doyle - Head of Corporate Development & Investor Relations Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Cameron Mackey - Chief Operating Officer Chris Abella - Chief Financial Officer Lars Dencker Nielsen - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore ISI Greg Lewis - BTIG Ken Hoexter - Bank of America Frode Morkedal - Clarksons Securities Chris Robertson - Deutsche Bank Operator Hello and welcome to the Scorpio Tankers Inc. First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
05/09 06:44 EST - globenewswire.com
Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2024 and Declaration of a Dividend
MONACO, May 09, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2024 and Declaration of a Dividend
MONACO, May 09, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
04/29 06:30 EST - investorplace.com
Oil Darlings: 3 Global Oil Stocks to Buy Amid Rising Prices
Currently, two major conditions are converging to continue the strong performance of energy stocks in 2024. Chief among high-performance energy stocks are those in the oil sector which currently adhere to geopolitical shifts.
Oil Darlings: 3 Global Oil Stocks to Buy Amid Rising Prices
Currently, two major conditions are converging to continue the strong performance of energy stocks in 2024. Chief among high-performance energy stocks are those in the oil sector which currently adhere to geopolitical shifts.
04/26 17:07 EST - seekingalpha.com
Scorpio Tankers: Skyrocketing Rates, Lower Cash Breakeven, Shares Trading Below NAV
Skyrocketing rates due to ongoing geopolitical conflicts should propel STNG to beat consensus estimates. At current rates, STNG should generate significant cash flow for deleveraging, dividends, and share repurchases. We estimate STNG could reduce its share count by 13% to 18%, all things equal. The resolution of geopolitical conflicts will reduce rates. Moreover, supply growth will accelerate, as the order book as a percentage of total fleet has begun to pick up.
Scorpio Tankers: Skyrocketing Rates, Lower Cash Breakeven, Shares Trading Below NAV
Skyrocketing rates due to ongoing geopolitical conflicts should propel STNG to beat consensus estimates. At current rates, STNG should generate significant cash flow for deleveraging, dividends, and share repurchases. We estimate STNG could reduce its share count by 13% to 18%, all things equal. The resolution of geopolitical conflicts will reduce rates. Moreover, supply growth will accelerate, as the order book as a percentage of total fleet has begun to pick up.
04/15 16:30 EST - globenewswire.com
Scorpio Tankers Inc. Announces That on May 9, 2024, the Company Plans to Issue Its First Quarter 2024 Results and Have a Conference Call
MONACO, April 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, May 9, 2024, the Company plans to issue its first quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time.
Scorpio Tankers Inc. Announces That on May 9, 2024, the Company Plans to Issue Its First Quarter 2024 Results and Have a Conference Call
MONACO, April 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, May 9, 2024, the Company plans to issue its first quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time.
04/10 06:11 EST - seekingalpha.com
Scorpio Tankers: 2024 Is On Pace To Be Another Transformational Year
Scorpio Tankers is highly profitable due to strong vessel day rates. The refined product shipping industry will remain supply constrained for the next three to four years. Scorpio Tankers will achieve multiple expansion as it achieves debt targets and can allocate over $600 million per year to shareholder returns.
Scorpio Tankers: 2024 Is On Pace To Be Another Transformational Year
Scorpio Tankers is highly profitable due to strong vessel day rates. The refined product shipping industry will remain supply constrained for the next three to four years. Scorpio Tankers will achieve multiple expansion as it achieves debt targets and can allocate over $600 million per year to shareholder returns.
04/08 13:17 EST - zacks.com
Will Scorpio Tankers (STNG) Beat Estimates Again in Its Next Earnings Report?
Scorpio Tankers (STNG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Scorpio Tankers (STNG) Beat Estimates Again in Its Next Earnings Report?
Scorpio Tankers (STNG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
04/05 18:56 EST - zacks.com
Scorpio Tankers (STNG) Stock Sinks As Market Gains: Here's Why
In the closing of the recent trading day, Scorpio Tankers (STNG) stood at $71.77, denoting a -0.42% change from the preceding trading day.
Scorpio Tankers (STNG) Stock Sinks As Market Gains: Here's Why
In the closing of the recent trading day, Scorpio Tankers (STNG) stood at $71.77, denoting a -0.42% change from the preceding trading day.