Core Viewpoint - Scorpio Tankers has been downgraded to Underperform from Buy by BofA Securities, with a reduced price target of $53 from $67, reflecting concerns over peak earnings and future rate declines [1][3] Group 1: Downgrade and Price Target - BofA Securities downgraded Scorpio Tankers, lowering the price target to $53, which is based on a 5.0x multiple applied to estimated 2026 EBITDA, down from a prior 6.0x multiple [1] - Following the downgrade, shares of Scorpio Tankers fell more than 3% intraday [1] Group 2: Management Decisions and Market Outlook - The decision by Scorpio Tankers to lock in additional time-charter contracts indicates that management perceives current tanker rates as nearing peak levels [2] - BofA also highlighted the potential for a peace agreement between Russia and Ukraine, which could release additional product tanker capacity and exert downward pressure on freight rates [2] Group 3: Earnings and Rate Trends - BofA views Scorpio Tankers' earnings as approaching peak levels, with expectations that rates will trend lower in the future, leading to the downgrade [3]

NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Capital Link is hosting a series of online Company Presentations, during which the Senior Management teams of leading publicly listed maritime companies will present their business development, strategy, growth prospects, and overall sector outlook.On Wednesday, January 14, 2026, at 10:00 AM ET, Scorpio Tankers Inc. (NYSE: STNG) will kick off Capital Link’s 2026 Virtual Corporate Presentation Series, which will continue in the weeks that follow with presentations ...

Cardston, Alberta--(Newsfile Corp. - January 7, 2026) - Stinger Resources Inc. (CSE: STNG) (the "Company") announces that it proposes to undertake an up to $160,000 non-brokered private placement (the "Offering") of up to 3,200,000 units (the "Units") to be sold to eligible purchasers at a price of $0.05 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the Company at a price of $0. ...

Group 1 - Scorpio Tankers Inc. has entered into agreements to time charter-out two LR2 product tankers, STI Rose and STI Alexis, for five years at a rate of $29,000 per vessel per day, expected to commence in Q1 2026 [1] - The company currently owns or leases 93 product tankers, including 37 LR2 tankers, with an average age of 9.8 years [2] - Scorpio Tankers has agreements to sell three LR2 product tankers, expected to close in Q1 2026, and has reached agreements for four MR newbuildings under construction with deliveries expected in 2026 and 2027 [2] Group 2 - The company has two VLCC newbuildings with deliveries expected in the second half of 2028 and two LR2 newbuildings with deliveries expected in Q3 2027 [2] - Additional information about the company can be found on its website [2]

Cardston, Alberta--(Newsfile Corp. - December 16, 2025) - Stinger Resources Inc. (CSE: STNG) (the "Company") announces that it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to an aggregate of 1,100,000 common shares of the Company pursuant to the Company's incentive share option plan. The options are exercisable for a period of 10 years at a price of $0.06 per share. The options, and any underlying common shares issued on exercise thereof, ...

Core Viewpoint - Scorpio Tankers Inc. has announced agreements to sell two 2016-built LR2 product tankers and to purchase two scrubber-fitted LR2 newbuilding product tankers, indicating a strategic shift in its fleet management [1]. Vessel Sales - The company has entered into agreements to sell the LR2 product tankers, STI Goal and STI Gallantry, for $52.3 million each, with expected closure in the first quarter of 2026 [2]. - STI Gallantry is financed through a 2021 Ocean Yield Lease Financing arrangement, with an outstanding lease obligation of $23.4 million to be repaid by the end of 2025 [2]. - STI Goal is financed through a 2023 $1.0 billion Credit Facility, with an outstanding debt balance of $13.8 million [2]. - Both vessels are due for a 10-year special survey and drydock in the second quarter of 2026, which will be the buyer's responsibility [2]. Newbuilding Vessel Purchases - The company has agreements to purchase two scrubber-fitted LR2 newbuilding product tankers for $70.8 million each, with construction taking place at Dalian Shipbuilding Industry Co., Ltd. in China and deliveries expected in the third quarter of 2027 [3]. Company Overview - Scorpio Tankers Inc. provides marine transportation of petroleum products globally, owning or leasing 93 product tankers, including 37 LR2 tankers, 42 MR tankers, and 14 Handymax tankers, with an average age of 9.8 years [4]. - The company has agreements to sell three LR2 product tankers, all expected to close in the first quarter of 2026 [4]. - Additionally, the company has agreements for four MR newbuildings under construction with deliveries expected in 2026 and 2027, two VLCC newbuildings with deliveries expected in the second half of 2028, and two LR2 newbuildings with deliveries expected in the third quarter of 2027 [4].

Core Viewpoint - Scorpio Tankers Inc. (NYSE:STNG) has experienced a decline in share price and a reduction in price target by analysts, influenced by geopolitical developments and market dynamics [1][3]. Group 1: Share Price Movement - The share price of Scorpio Tankers Inc. fell by 2.3% between November 26 and December 3, 2025, ranking it among the energy stocks that lost the most during that week [1]. Group 2: Analyst Insights - BofA analyst Ken Hoexter lowered the price target for Scorpio Tankers from $73 to $67 while maintaining a 'Buy' rating, citing increased prospects for a peace deal between Ukraine and Russia [3]. - The analyst firm has maintained its EPS estimate for FY 2025 at $5.7 but reduced estimates for the next two years by 14% and 16% to $6.1 and $5.1, respectively [5]. Group 3: Market Dynamics - A potential peace agreement could lead to increased Handymax and MR rates for Scorpio Tankers as access to the Russian market improves, while LR2 rates may decrease due to reduced ton-miles from the Middle East [4]. - Benchmark rates for large crude carriers have surged to a 5-year high following US sanctions on Russian oil exports, prompting buyers to seek alternative suppliers [4].

Core Viewpoint - Scorpio Tankers Inc. (NYSE:STNG) has experienced a recent share price increase of 0.87% to $56.84, despite a 7.28% decline over the past month and a 14.71% increase over the past year, raising questions about its valuation relative to performance [1]. Group 1: P/E Ratio Analysis - The P/E ratio is a critical metric for long-term shareholders to evaluate the company's market performance against historical earnings and industry standards [5]. - Scorpio Tankers Inc. has a P/E ratio of 9.41, which is significantly lower than the industry average P/E ratio of 19.77 in the Oil, Gas & Consumable Fuels sector, suggesting potential undervaluation or weaker performance expectations compared to peers [6]. - A low P/E ratio can indicate undervaluation but may also reflect weak growth prospects or financial instability, necessitating a cautious approach in its interpretation [9][10].

Allworth Financial LP grew its position in Scorpio Tankers Inc. (NYSE:STNG – Free Report) by 1,954.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,870 shares of the shipping company’s stock after acquiring an additional 10,341 shares during the period. Allworth Financial LP’s holdings in Scorpio Tankers were worth $425,000 at the end of the most recent quarter. Get Scorpio Tankers alerts: Other institution ...

Company Overview - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine located near Stewart in the "Golden Triangle" [2] - The company also owns a 100% interest in the Gold Hill property near Fort Steele and the Silver Side property, along with an optioned interest in the Ample Goldmax property in other areas of British Columbia [3] Recent Developments - Effective November 13, 2025, Stinger Resources has cancelled a total of 707,000 incentive stock options that were previously granted on March 19, 2021, with an exercise price of $0.195 [1]