Scorpio Tankers NYSE: STNG reported its strongest quarterly results in company history for the second quarter of 2026, supported by elevated tanker rates, vessel sales and continued balance-sheet refinancing efforts.
Scorpio Tankers Inc. (STNG) Q2 2026 Earnings Call Transcript
Scorpio Tankers (STNG) came out with quarterly earnings of $4.68 per share, beating the Zacks Consensus Estimate of $4.51 per share. This compares to earnings of $1.41 per share a year ago.
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 is poised for continued upside as strong tanker rates drive robust earnings and capital returns. STNG has locked in exceptional Q2 rates, supporting an estimated $4.75–$5.10 EPS and potential for further dividend hikes or aggressive buybacks. Despite a modest 2.2% yield, management prioritizes opportunistic buybacks, recently authorizing $500 million—nearly 12% of equity value.
Scorpio Tankers (STNG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Does Scorpio Tankers (STNG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Scorpio Tankers Inc. (STNG) Q1 2026 Earnings Call Transcript
Scorpio Tankers (STNG) came out with quarterly earnings of $3.02 per share, beating the Zacks Consensus Estimate of $2.73 per share. This compares to earnings of $1.03 per share a year ago.
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 is rated a 'Buy,' with a $76.5/share price target, reflecting a 15% annualized upside. STNG boasts one of the youngest, most eco-friendly fleets, minimizing regulatory risks and lowering operating breakeven to as low as $11,000–$12,500 per day. With net cash exceeding $300M and $1.7B in liquidity, STNG is exceptionally well-capitalized and positioned for market upswings.
Scorpio Tankers (STNG) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $0.63 per share a year ago.