Headquartered in 99 Boulevard Du Jardin Exotique, Monaco Fiscal year ends December NYSE: STNG scorpiotankers.com
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. The company currently owns 74 product tankers consisting of 25 LR2 tankers, 35 MR tankers, and 14 Handymax tankers with an average age of 10.2 years. The fleet operates through a combination of spot/pool arrangements, time charters, and bareboat charters via related-party pools managed by Scorpio Commercial Management. Scorpio Tankers has an extensive newbuilding orderbook comprising six MR product tankers, six LR2 product tankers, and two VLCCs under construction, with deliveries spanning 2026 through 2030, and also holds a minority equity investment in a joint venture constructing eight VLCCs. The company is incorporated in the Marshall Islands and listed on the NYSE under the ticker STNG. It reports under IFRS and employs an active capital allocation strategy encompassing vessel sales, newbuilding orders, share repurchases, convertible note issuances, and quarterly dividends. Updated
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Engaging in the seaborne transportation of crude oil and petroleum worldwide, Scorpio Tankers (NYSE:STNG | STNG Price Prediction) has moved from $3.1 billion in net debt in 2021 to a net cash…
David Beren Of the three companies scheduled to report earnings before markets open on Wednesday, two announced Monday morning that they are being acquired by private equity firms.
Wednesday's top analyst upgrades and downgrades included Alphabet, Analog Devices, Apple, Boeing, Datadog, Dynatrace, HP, Netflix, PepsiCo, Snap, Splunk, SunPower, Texas Instruments and Zoom Video Communications.
Monday's top analyst upgrades and downgrades included Amazon.com, Apple, Caterpillar, Comcast, Comerica, Gilead Sciences, Intel, Lululemon Athletica and McDonald's.
Friday's top analyst upgrades and downgrades included Chevron, Citigroup, Costco, Intel, Kinross Gold, Southwest Airlines, Take-Two Interactive Software, Teladoc, Teradyne, Vale and Workhorse.
Friday's top analyst upgrades and downgrades included Agnico-Eagle Mines, Datadog, Fox, MGM Resorts, Norwegian Cruise Line, Peloton Interactive, Ross Stores, Twilio and Yum China.
Monday's top analyst upgrades, downgrades and initiations included American Express, ADT, Gilead Sciences, Logitech, PACCAR, Regions Financial, Stamps.com and Vivint Smart Home.
The top analyst upgrades, downgrades and initiations seen on Thursday included Cisco Systems, Deere, Dillard's, Johnson & Johnson, L3 Technologies, Macy's, Occidental Petroleum, SunRun and Valero Energy.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Alphabet, Amazon.com, Dell Technologies, IBM, International Paper, Merck, Pfizer, Tesla, Teva Pharmaceutical and Walmart.
We screened our 24/7 Wall St. research database and found five stocks trading under the $10 level that could provide investors with some solid upside potential and could prove exciting additions to…
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. The company currently owns 74 product tankers consisting of 25 LR2 tankers, 35 MR tankers, and 14 Handymax tankers with an average age of 10.2 years.
24/7 Wall St.'s 12-month price target for STNG is $94.83, rated Buy. The Wall Street consensus target is $98.80. STNG price prediction →
