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STNG

Scorpio Tankers Inc.

https://www.scorpiotankers.com

Industry

Oil & Gas Midstream

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.

Open

57.17

Mkt cap

2.9B

Volume

1.1M

High

57.88

P/E Ratio

3.97

52-wk high

84.67

Low

55.30

Div yield

0.03

52-wk low

52.68

Evercore ISI Group has maintained an Outperform rating on Scorpio Tankers but lowered the price target from $84 to $80.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 3:05 pm

Jefferies analyst Omar Nokta has reiterated a Buy rating for Scorpio Tankers (NYSE:STNG) with a maintained price target of $90.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 3:49 pm

Scorpio Tankers shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 1:39 pm

Scorpio Tankers reported Q3 2024 earnings of $1.75 per share, missing the analyst estimate of $2.17. Revenue was $267.99 million, below the expected $290.84 million and down 7.97% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:47 am

Scorpio Tankers (NYSE:STNG) is set to release its quarterly earnings on October 29, 2024. Analysts expect an EPS of $2.38. Investors are keen on not just an earnings beat but also positive future guidance. The company's past performance shows mixed reactions to earnings beats. Currently, Scorpio Tankers has a Neutral analyst rating with a price target suggesting a 21.46% upside.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 5:01 pm

Scorpio Tankers shares fell after Stifel downgraded the stock from Buy to Hold and reduced its price target from $90 to $65.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:33 pm

Stifel analyst Benjamin Nolan has downgraded Scorpio Tankers (NYSE:STNG) from Buy to Hold and reduced the price target from $90 to $65.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:52 am

B of A Securities has maintained a Neutral rating on Scorpio Tankers (NYSE:STNG) but has lowered the price target from $73 to $71.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 5:50 pm

Scorpio Tankers has announced a $73.5 million agreement to sell one of its vessels. This move is part of the company's strategy to optimize its fleet and improve financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:33 pm

Scorpio Tankers' President, Robert Bugbee, has purchased call options for 234,300 common shares of the company, with a strike price of $67.50 and an expiration in January 2025, for $1.5 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 8:18 pm

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