Scorpio Tankers Inc. logo

Scorpio Tankers Inc. (STNG)

Market Closed
28 Jul, 20:00
NYSE NYSE
$
44. 83
+0.74
+1.68%
$
2.28B Market Cap
- P/E Ratio
0% Div Yield
834,416 Volume
0 Eps
$ 44.09
Previous Close
Day Range
44.2 44.91
Year Range
30.63 77.83
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Earnings results expected in 1 days
Earnings Preview: Scorpio Tankers (STNG) Q4 Earnings Expected to Decline

Earnings Preview: Scorpio Tankers (STNG) Q4 Earnings Expected to Decline

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.

Zacks | 5 months ago
Scorpio Tankers: One Of The Largest And Youngest Fleets In The Refined Product Market

Scorpio Tankers: One Of The Largest And Youngest Fleets In The Refined Product Market

With a capital structure composed of 80% equity and one of the youngest fleets in the refined product market, Scorpio Tankers is well-positioned to navigate the current market weakness. Using the average daily rate of ~$29,500 reported in Q3, Scorpio Tankers would generate approximately $450 million in annual free cash flows after accounting for $182 million in depreciation. This would represent a free cash flow yield of ~17.5% relative to the current market capitalization of $2.56 billion.

Seekingalpha | 7 months ago
Scorpio Tankers Inc. (STNG) Q3 2024 Earnings Call Transcript

Scorpio Tankers Inc. (STNG) Q3 2024 Earnings Call Transcript

Scorpio Tankers Inc. (NYSE:STNG ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Corporate Participants James Doyle - Head of Corporate Development and IR Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Chris Avella - 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 Chris Robertson - Deutsche Bank Frode Mørkedal - Clarkson Securities Liam Burke - B. Riley FBR Ben Nolan - Stifle Operator Hello and welcome to the Scorpio Tankers Third Quarter 2024 Conference Call.

Seekingalpha | 9 months ago
Scorpio Tankers (STNG) Q3 Earnings Surpass Estimates

Scorpio Tankers (STNG) Q3 Earnings Surpass Estimates

Scorpio Tankers (STNG) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.91 per share a year ago.

Zacks | 9 months ago
Scorpio Tankers: Top-Notch Fleet And Low LTV At A Steep Discount, Still A Strong Buy

Scorpio Tankers: Top-Notch Fleet And Low LTV At A Steep Discount, Still A Strong Buy

Scorpio Tankers reported a strong 2Q24 with an 81.5% YoY EPS increase and significant debt reduction. Despite short-term headwinds in the CPP market, long-term fundamentals and macro tailwinds support a bullish outlook for product tankers. STNG trades at a 38% discount to NAV, offering an attractive buying opportunity with a top-quality fleet and low leverage. I keep Scorpio's rating a Strong Buy.

Seekingalpha | 9 months ago
Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Zacks | 9 months ago
Scorpio Tankers: Great Returns Should Stay This And Next Year

Scorpio Tankers: Great Returns Should Stay This And Next Year

Scorpio Tankers is undervalued despite a 43% growth, with strong financials, low debt, and favorable market conditions, making it a "Buy". High TCE rates and operational efficiencies led to significant revenue and net income growth, with management optimistic about short-to-medium-term prospects. The company is reducing debt, optimizing operations, and repurchasing shares, aiming to enhance cash flow and shareholder value amid a high-rate environment.

Seekingalpha | 9 months ago
Scorpio Tankers Q2 2024 Earnings: Supportive Market Fundamentals And A Stronger Balance Sheet

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.

Seekingalpha | 11 months ago
Scorpio Tankers: H1 2024 Earnings Show That The Company Can Grow More And More

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.

Seekingalpha | 0 year ago
Scorpio Tankers (STNG) Q2 Earnings and Revenues Beat Estimates

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.

Zacks | 0 year ago
Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Zacks | 1 year ago