Scorpio Tankers Inc. (STNG)

NYSE: STNG · IEX Real-Time Price · USD
29.13
0.01 (0.03%)
At close: May 20, 2022 4:00 PM
29.01
-0.12 (-0.41%)
After-hours:May 20, 2022 7:45 PM EDT
Market Cap1.73B
Revenue (ttm)580.67M
Net Income (ttm)-256.49M
Shares Out59.40M
EPS (ttm)-4.66
PE Ration/a
Forward PE7.37
Dividend$0.40 (1.37%)
Ex-Dividend DateMay 19, 2022
Volume1,239,164
Open29.15
Previous Close29.12
Day's Range28.83 - 30.18
52-Week Range11.02 - 30.40
Beta0.54
AnalystsBuy
Price Target29.19 (+0.2%)
Earnings DateApr 28, 2022

About STNG

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.

IndustryOil, Gas & Consumable Fuels
IPO DateMar 31, 2010
CEOEmanuele Lauro
Employees26
Stock ExchangeNYSE
Ticker SymbolSTNG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for STNG stock is "Buy." The 12-month stock price forecast is 29.19, which is an increase of 0.21% from the latest price.

Price Target
$29.19
(0.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

16 hours ago - FreightWaves

Scorpio Tankers Inc. Announces Repayment of Convertible Notes Due May 2022

MONACO, May 16, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that today, the Company has repaid the aggregate outstanding principal balance o...

4 days ago - GlobeNewsWire

Scorpio Tankers Inc. Announces Purchase of Call Options by the President of the Company

MONACO, May 12, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on ...

1 week ago - GlobeNewsWire

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

1 week ago - FreightWaves

Scorpio Tankers (STNG) Reports Q1 Loss, Tops Revenue Estimates

Scorpio Tankers (STNG) delivered earnings and revenue surprises of 48.08% and 7.28%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2022 and Declaration of a Quarterly Dividend

MONACO, April 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2022. The Company also a...

3 weeks ago - GlobeNewsWire

Scorpio Tankers Inc. to Announce First Quarter 2022 Results and Have a Conference Call on April 28, 2022

MONACO, April 20, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, April 28, 2022, the Company plans to issue its first...

1 month ago - GlobeNewsWire

Scorpio Tankers Inc. Announces an Agreement to Collaborate With Carbon Ridge on the Development of Onboard Carbon Cap...

MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into a Memorandum of Understanding (“the Agreemen...

1 month ago - GlobeNewsWire

Scorpio Tankers Inc. Announces Agreements to Sell Three Vessels

MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell three vessels (two LR2s a...

1 month ago - GlobeNewsWire

Scorpio Tankers Inc. Announces Availability of 2021 Annual Report on Form 20-F

MONACO, March 23, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") announced today that its Annual Report on Form 20-F for the year ended December 31, 2021...

1 month ago - GlobeNewsWire

Scorpio Tankers Inc. to Participate in a Conference Call With Bank of America Securities, the DNB Energy & Shipping C...

MONACO, March 03, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company"), a provider of marine transportation of petroleum products worldwide, announced today ...

2 months ago - GlobeNewsWire

Tanker shares jump as war rages; other shipping shares mixed

One of the axioms of shipping is that war can boost freight rates and share prices, particularly for tankers. Since Russia invaded Ukraine last week, tanker shares have indeed outperformed, but upside i...

Other symbols:NATTNKDHTEURNFROINSW
2 months ago - FreightWaves

Scorpio Tankers (STNG) Reports Q4 Loss, Tops Revenue Estimates

Scorpio Tankers (STNG) delivered earnings and revenue surprises of 8.14% and 0.38%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2021 and Declaration of a Quarterly Dividend

MONACO, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2021. The Com...

3 months ago - GlobeNewsWire

Scorpio Tankers Inc. to Announce Fourth Quarter 2021 Results and Have a Conference Call on February 14, 2022

MONACO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Monday, February 14, 2022, the Company plans to issue its fourt...

3 months ago - GlobeNewsWire

Scorpio Tankers Inc. Announces Agreements to Sell 14 Vessels, an Update on Financings, and Preliminary Q4 2021 Daily ...

MONACO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell 14 vessels (two MRs and 12...

3 months ago - GlobeNewsWire

Scorpio Tankers Inc. to Present at Capital Link's Corporate Presentation Series

MONACO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”), a provider of marine transportation of petroleum products worldwide, announced today tha...

3 months ago - GlobeNewsWire

Scorpio Tankers Inc. Announces Update on Financing Activities

MONACO, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has signed a transaction with Ocean Yield ASA involving the sale ...

5 months ago - GlobeNewsWire

Scorpio Tankers Stock Gains After Q3 Results

Scorpio Tankers Inc. (NYSE: STNG) reported a third-quarter vessel revenue decline of 32.7% Y/Y to $119.27 million. TCE revenue decreased to $118.61 million.

6 months ago - Benzinga

Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2021 and Declaration of a Quarterly Dividend

MONACO, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2021. The Co...

6 months ago - GlobeNewsWire

Scorpio Tankers Inc. to Announce Third Quarter 2021 Results and Have a Conference Call on November 11, 2021

MONACO, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, November 11, 2021, the Company plans to issue its thi...

6 months ago - GlobeNewsWire

Analysts Estimate Scorpio Tankers (STNG) to Report a Decline in Earnings: What to Look Out for

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.

6 months ago - Zacks Investment Research

New Strong Sell Stocks for October 26th

BJRI, CARA, BOOM, STNG, and UL have been added to the Zacks Rank #5 (Strong Sell) List on October 26, 2021.

Other symbols:BJRIBOOMCARAUL
6 months ago - Zacks Investment Research

A Look at the Cheap and Growing Scorpio Tankers

I have been following Scorpio Tankers Inc ( STNG , Financial) for around a decade. I even owned the stock at one point in 2013, as I thought the company looked undervalued compared to the balance sheet ...

7 months ago - GuruFocus

Shipping stocks hit fresh highs amid COVID-era supply chain chaos

The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That's good news for sentiment tow...

8 months ago - FreightWaves