Scorpio Tankers(STNG)
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Scorpio Tankers Inc. (NYSE: STNG) Maintains Strong Financial Performance
Financial Modeling Prep· 2026-02-14 22:05
Scorpio Tankers Inc. (NYSE:STNG) reported earnings of $1.62 per share for Q4 2025, surpassing the Zacks Consensus Estimate.The company generated $241.42 million in revenue for the quarter, a 9.21% increase over the Zacks Consensus Estimate.Scorpio Tankers announced an increase in its quarterly cash dividend to $0.45 per share, reflecting its commitment to shareholder value.Scorpio Tankers Inc. (NYSE:STNG), a prominent player in the shipping industry specializing in the transportation of refined petroleum pr ...
Scorpio Tankers (NYSE:STNG) and Stinger Resources Inc. (CSE:STNG): A Comparative Analysis
Financial Modeling Prep· 2026-02-14 08:12
Scorpio Tankers (NYSE:STNG) Price Target and Stinger Resources Inc. (CSE:STNG) Funding UpdateScorpio Tankers (NYSE:STNG) is a leading entity in the shipping industry, focusing on the transportation of refined petroleum products. The company boasts a modern fleet of tankers, ensuring efficient and reliable delivery of goods worldwide. As of February 13, 2026, Jonathan Chappell from Evercore ISI has set a price target of $83 for STNG, indicating a potential upside of 17.71% from its current trading price of $ ...
Stinger Resources Inc. Completes Non-Brokered Private Placement
TMX Newsfile· 2026-02-13 23:30
Core Viewpoint - Stinger Resources Inc. has successfully closed a non-brokered private placement, raising a total of $160,000 by issuing 3,200,000 units at a price of $0.05 per unit [1]. Group 1: Offering Details - The private placement was announced on January 7, 2026, and involved no finder's fees [1]. - All securities issued under the Offering are subject to a hold period that expires on June 14, 2026, in accordance with CSE policies and applicable securities laws [2]. Group 2: Insider Participation - Certain directors and officers of the Company participated in the Offering, purchasing 1,400,000 units for gross proceeds of $70,000 [3]. - This insider participation is classified as a related party transaction and is exempt from formal valuation and minority shareholder approval requirements under MI 61-101, as the fair market value of the securities did not exceed 25% of the Company's market capitalization [3]. Group 3: Company Overview - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the 100% owned Dunwell Mine, which is located in the "Golden Triangle" [5]. - The Company also owns the Gold Hill property and the Silver Side property, along with an optioned interest in the Ample Goldmax property in British Columbia [6].
Scorpio Tankers Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-13 10:12
Avella said the company repaid $450 million in debt during the year, including a $154.6 million secured debt prepayment in Q4 across four credit facilities. He said that prepayment covered all scheduled principal amortization on existing bank debt for 2026 and 2027, and helped reduce cash break-even levels.Management repeatedly pointed to the company’s financial repositioning since 2021. Lauro said net debt has been reduced from $3.1 billion in 2021 to a net cash position of $309 million “today,” adding tha ...
Scorpio Tankers (STNG) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2026-02-12 13:55
Core Insights - Scorpio Tankers reported quarterly earnings of $1.62 per share, exceeding the Zacks Consensus Estimate of $1.37 per share, and showing a significant increase from $0.63 per share a year ago, resulting in an earnings surprise of +18.21% [1] - The company achieved revenues of $241.42 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 9.21% and increasing from $192.15 million year-over-year [2] Financial Performance - Over the last four quarters, Scorpio Tankers has consistently surpassed consensus EPS estimates, achieving this four times [2] - The stock has appreciated approximately 37.5% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.4% [3] Future Outlook - The company's earnings outlook will be crucial for determining the sustainability of its stock price movement, with current consensus EPS estimates at $1.08 for the upcoming quarter and $4.37 for the current fiscal year [7] - The Zacks Rank for Scorpio Tankers is currently 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions prior to the earnings release [6] Industry Context - The Transportation - Shipping industry, to which Scorpio Tankers belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable environment for stocks within this sector [8] - Another company in the same industry, Star Bulk Carriers, is expected to report quarterly earnings of $0.59 per share, reflecting a year-over-year increase of +73.5% [9]
Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2025 and an Increase to Its Quarterly Dividend
Globenewswire· 2026-02-12 11:44
Core Viewpoint Scorpio Tankers Inc. reported strong financial results for the fourth quarter and the full year of 2025, with significant increases in net income and earnings per share compared to the previous year, alongside a declared quarterly cash dividend. Financial Performance - For the three months ended December 31, 2025, the company achieved a net income of $128.1 million, translating to $2.72 basic and $2.59 diluted earnings per share, compared to a net income of $68.6 million for the same period in 2024 [2][4]. - Adjusted net income for Q4 2025 was $80.0 million, or $1.70 basic and $1.62 diluted earnings per share, excluding certain gains and losses [3]. - For the full year 2025, net income was $344.3 million, or $7.40 basic and $7.03 diluted earnings per share, down from $668.8 million in 2024 [6][8]. - Adjusted net income for the year 2025 was $269.5 million, or $5.79 basic and $5.51 diluted earnings per share [7]. Revenue and Operating Metrics - Total vessel revenue for Q4 2025 was $252.7 million, up from $204.0 million in Q4 2024, with Time Charter Equivalent (TCE) revenue increasing to $241.4 million from $192.1 million [38]. - Average daily TCE revenue rose to $28,066 per vessel in Q4 2025, compared to $21,978 in Q4 2024, despite a decrease in the average number of vessels [38]. - Vessel operating costs decreased to $74.2 million in Q4 2025 from $80.8 million in Q4 2024, attributed to a reduction in the average number of vessels [38]. Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.45 per common share, with a payment date set for March 20, 2026 [10]. Vessel Transactions and Newbuildings - The company entered into agreements to purchase two scrubber-fitted LR2 newbuilding product tankers for $68.5 million each, with expected deliveries in 2029 [12]. - In December 2025, the company sold several vessels, including the scrubber-fitted LR2 product tanker STI Kingsway for $57.5 million and STI Gallantry for $52.3 million, with expected closings in early 2026 [19][21]. - The company has commitments for constructing additional vessels, including four scrubber-fitted MR newbuilding product tankers with deliveries expected in 2026 and 2027 [32]. Current Liquidity and Debt - As of February 10, 2026, the company reported $937.1 million in unrestricted cash and cash equivalents, along with $767.0 million of undrawn revolver capacity [20]. - The total outstanding gross debt was $628.2 million as of February 10, 2026, with a net debt position of $(308.9) million [22].
Scorpio Tankers Inc. Announces that on February 12, 2026, the Company Plans to Issue Its Fourth Quarter 2025 Results and Have a Conference Call
Globenewswire· 2026-01-28 21:30
Company Overview - Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide, currently owning or leasing 92 product tankers, including 36 LR2 tankers, 42 MR tankers, and 14 Handymax tankers, with an average age of 9.9 years [4] - The company has entered into agreements to sell three LR2 product tankers, expected to close in the first or second quarter of 2026 [4] - Scorpio Tankers has agreements for four MR newbuildings under construction, with deliveries expected in 2026 and 2027, as well as two LR2 newbuildings and two VLCC newbuildings with deliveries expected in the third quarter of 2027 and the second half of 2028, respectively [4] Conference Call Information - The company plans to issue its fourth quarter 2025 earnings press release on February 12, 2026, and will host a conference call at 9:00 AM Eastern Standard Time and 3:00 PM Central European Time [1][2] - The conference call will be available via the internet on the company's website and through a specific webcast link [2] - Participants can also join the call telephonically using designated US/Canada and international dial-in numbers, and should dial in 10 minutes before the scheduled time [3]
Scorpio Tankers Sees Sharp Upswing In Product Shipping Rates
Benzinga· 2026-01-28 15:55
Capital Link 2026 Corporate Presentation SeriesTo watch the full discussion please visit the following link:https://www.youtube.com/watch?v=Jcpfc1dX4d0A Strengthening MarketPresident Robert Bugbee started off highlighting that spot rates have moved continuously stronger, a trend continuing even as we speak today. He pointed to strong time charter demand from a diversified group including national oil companies, traders, and other owners, and rising prices for modern tankers. He also noted that activity in t ...
Bank of America Downgrades Scorpio Tankers (STNG) as Freight Rates Near Peak Levels
Yahoo Finance· 2026-01-19 04:39
Core Viewpoint - Scorpio Tankers Inc. has been downgraded by Bank of America due to expectations that freight rates are nearing peak levels, which could impact future earnings and market dynamics [2] Financial Position - As of January 9, 2026, Scorpio Tankers reported having $783.9 million available under its revolving credit facilities [3] - The company has been actively managing its debt and liquidity, indicating a strategic approach to financial stability [3] Asset Management - Scorpio Tankers has sold its remaining 3,551,794 shares in DHT Holdings at an average price of $13.40 per share [4] - The company completed the sale of the 2020-built MR tanker STI Maestro for $42.0 million and three 2014-built MR tankers for $32.0 million each [4] - In December 2025, Scorpio closed deals selling the 2014-built MR tanker STI Yorkville for $32.0 million and the 2019-built LR2 tanker STI Lobelia for $61.2 million [5] Fleet Overview - Scorpio Tankers operates a fleet of 93 product tankers, including 37 LR2 vessels, 42 MR tankers, and 14 Handymax tankers, with an average fleet age of 9.8 years [5]
Scorpio Tankers Inc. (STNG) Presents at Capital Link's 2026 Virtual Corporate Presentation Series - Slideshow (NYSE:STNG) 2026-01-14
Seeking Alpha· 2026-01-14 17:34
Group 1 - The article does not contain relevant content regarding company or industry insights [1]