Scorpio Tankers(STNG)

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Scorpio Tankers Inc. Announces that on July 30, 2025, the Company Plans to Issue Its Second Quarter 2025 Results and Have a Conference Call
Globenewswire· 2025-07-18 10:45
Core Viewpoint - Scorpio Tankers Inc. is set to release its second quarter 2025 earnings on July 30, 2025, and will host a conference call to discuss the results [1] Group 1: Conference Call Information - The conference call will take place on July 30, 2025, at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time [2] - Participants can access the conference call via the Scorpio Tankers website and a dedicated webcast link [2] - A telephonic option is available for participants, with specific dial-in numbers provided for US/Canada and international callers [3] Group 2: Company Overview - Scorpio Tankers Inc. specializes in the marine transportation of petroleum products globally [4] - The company currently owns or finances 99 product tankers, including 38 LR2 tankers, 47 MR tankers, and 14 Handymax tankers, with an average age of 9.3 years [4]
Scorpio Tankers (STNG) Moves 9.2% Higher: Will This Strength Last?
ZACKS· 2025-07-11 10:06
Group 1 - Scorpio Tankers (STNG) shares increased by 9.2% to close at $45.55, with notable trading volume compared to typical sessions, and a 1.2% gain over the past four weeks [1] - The company has seen an 11% increase in shares over the past month, driven by a spike in demand for petroleum tankers due to a pause in production from major Middle Eastern exporters [1] - The upcoming quarterly earnings report is expected to show earnings of $1.01 per share, reflecting a year-over-year decline of 71.9%, with revenues projected at $215.14 million, down 42.4% from the previous year [2] Group 2 - The consensus EPS estimate for Scorpio Tankers has been revised down by 38.5% over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [3] - Scorpio Tankers holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence, while Okeanis Eco Tankers Corp. (ECO), another company in the shipping industry, has a Zacks Rank of 4 (Sell) [4][5] - Okeanis Eco Tankers Corp.'s EPS estimate remains unchanged at $0.33, representing a year-over-year decline of 73.2% [5]
Wall Street Analysts See a 49.84% Upside in Scorpio Tankers (STNG): Can the Stock Really Move This High?
ZACKS· 2025-07-03 14:56
Core Viewpoint - Scorpio Tankers (STNG) shows potential for significant upside, with a mean price target of $62.71 indicating a 49.8% increase from the current price of $41.85 [1] Price Targets - The average price target consists of seven estimates ranging from a low of $42.00 to a high of $75.00, with a standard deviation of $11.93, suggesting variability in analyst predictions [2] - The lowest estimate indicates a modest increase of 0.4%, while the highest suggests a substantial upside of 79.2% [2] Analyst Consensus and Earnings Estimates - Analysts are increasingly optimistic about STNG's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 4.3%, with one estimate moving higher and no negative revisions [12] Zacks Rank - STNG holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13] Caution on Price Targets - While price targets can provide insights, they should not be the sole basis for investment decisions due to historical inaccuracies in predicting actual stock price movements [3][7][10]
Should Value Investors Buy Scorpio Tankers (STNG) Stock?
ZACKS· 2025-07-02 14:40
Core Insights - The article emphasizes the importance of value investing, highlighting the strategy of identifying undervalued companies in the market [2] - Scorpio Tankers (STNG) is presented as a strong candidate for value investors, currently holding a Zacks Rank 2 (Buy) and a Value grade of A [3] Valuation Metrics - STNG has a Price-to-Book (P/B) ratio of 0.67, which is attractive compared to the industry average of 1.29. The P/B ratio has fluctuated between 0.54 and 1.61 over the past year, with a median of 0.87 [4] - The Price-to-Cash Flow (P/CF) ratio for STNG is 2.66, significantly lower than the industry average of 4.39. This ratio has ranged from 2.12 to 5.62 in the past year, with a median of 2.84 [5] Investment Outlook - The metrics indicate that Scorpio Tankers is likely undervalued, and combined with a strong earnings outlook, it is considered a great value stock at the moment [6]
Scorpio Tankers Q1 2025: Reducing Debt, Boosting Cash, And Still Undervalued
Seeking Alpha· 2025-06-03 10:57
Group 1 - Scorpio Tankers is recognized as one of the most effective and financially strong companies in the tanker sector [1] - The company demonstrated strong performance in the first quarter, indicating robust financial health [1]
Scorpio Tankers (STNG) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-01 13:00
Core Viewpoint - Scorpio Tankers reported quarterly earnings of $1.03 per share, exceeding the Zacks Consensus Estimate of $0.71 per share, but down from $3.97 per share a year ago, indicating a significant earnings surprise of 45.07% [1][2] Financial Performance - The company achieved revenues of $204.2 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.56%, but down from $389.76 million year-over-year [2] - Over the last four quarters, Scorpio Tankers has exceeded consensus EPS estimates four times and topped consensus revenue estimates twice [2] Stock Performance - Scorpio Tankers shares have declined approximately 24.2% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $200.46 million, and for the current fiscal year, it is $4.54 on revenues of $886.03 million [7] Industry Outlook - The Transportation - Shipping industry, to which Scorpio Tankers belongs, is currently ranked in the bottom 9% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Scorpio Tankers may be influenced by the overall industry outlook, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2025 and the Declaration of a Dividend
Globenewswire· 2025-05-01 10:45
Core Viewpoint - Scorpio Tankers Inc. reported a significant decline in net income for the first quarter of 2025 compared to the same period in 2024, alongside a quarterly cash dividend declaration of $0.40 per share [1][6]. Financial Performance - For the three months ended March 31, 2025, the company had a net income of $58.2 million, or $1.26 basic and $1.22 diluted earnings per share, compared to a net income of $214.2 million, or $4.29 basic and $4.11 diluted earnings per share for the same period in 2024 [2][4]. - Adjusted net income for Q1 2025 was $49.0 million, or $1.06 basic and $1.03 diluted earnings per share, excluding a $9.4 million fair value gain and a $0.3 million loss on debt extinguishment [3]. - Total vessel revenue for Q1 2025 was $213.98 million, down from $391.34 million in Q1 2024, with TCE revenue decreasing to $204.2 million from $389.76 million [27][31]. Revenue and Costs - Average daily TCE revenue decreased to $23,971 per vessel in Q1 2025 from $39,660 in Q1 2024, with the average number of vessels decreasing from 110.9 to 99.0 [27][39]. - Vessel operating costs for Q1 2025 were $70.6 million, down from $78.1 million in Q1 2024, while average daily vessel operating costs increased to $7,924 from $7,743 [27][39]. Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.40 per common share, with a payment date set for June 16, 2025 [6]. Debt and Liquidity - As of April 30, 2025, the company had $397.0 million in unrestricted cash and cash equivalents, and $838.2 million of undrawn revolver capacity [15]. - The company has $173.4 million available under its 2023 Securities Repurchase Program [9]. Recent Significant Events - In April 2025, the company entered into a time charter-out agreement for a Handymax product tanker at an average rate of $24,000 per day [12]. - The company redeemed $70.6 million of its Unsecured Senior Notes due 2025 and placed $200.0 million of new senior unsecured bonds due 2030 at a fixed coupon rate of 7.50% [18][17]. Drydock and Off-Hire Update - The company reported drydock activity and estimated off-hire days for Q1 2025, with actual aggregate costs of $24.7 million and 388 off-hire days [23][24].
Scorpio Tankers Inc. Announces that on May 1, 2025, the Company Plans to Issue Its First Quarter 2025 Results and Have a Conference Call
Globenewswire· 2025-04-18 11:44
Core Viewpoint - Scorpio Tankers Inc. is set to release its first quarter 2025 earnings on May 1, 2025, and will host a conference call to discuss the results [1][2]. Group 1: Conference Call Information - The conference call will take place at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time [2]. - Participants can join the call via the Scorpio Tankers website or through a dedicated webcast link [2]. - A telephonic option is also available with specific dial-in numbers for US/Canada and international participants [3]. Group 2: Company Overview - Scorpio Tankers Inc. specializes in the marine transportation of petroleum products globally [4]. - The company currently owns or finances 99 product tankers, including 38 LR2 tankers, 47 MR tankers, and 14 Handymax tankers, with an average age of 9.1 years [4].
Are Investors Undervaluing Scorpio Tankers (STNG) Right Now?
ZACKS· 2025-04-16 14:46
Core Viewpoint - The article emphasizes the importance of value investing and highlights Scorpio Tankers (STNG) as a strong value stock based on its financial metrics and Zacks Rank [2][3][6] Group 1: Value Investing Strategy - Value investing focuses on identifying companies that are undervalued by the market using fundamental analysis and established metrics [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the Value category [3] Group 2: Scorpio Tankers (STNG) Financial Metrics - Scorpio Tankers has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential as a value stock [3] - The company has a Price-to-Book (P/B) ratio of 0.60, which is attractive compared to the industry average of 1.25 [4] - STNG's P/CF ratio is 1.91, significantly lower than the industry's average of 3.58, suggesting it is undervalued based on cash flow [5] - Over the past year, STNG's P/B has fluctuated between 0.56 and 1.61, with a median of 1.22, while its P/CF has ranged from 1.77 to 5.62, with a median of 3.98 [4][5]
Scorpio Tankers (STNG) Surges 11.0%: Is This an Indication of Further Gains?
ZACKS· 2025-04-08 15:55
Company Overview - Scorpio Tankers (STNG) shares increased by 11% to close at $35.36, supported by high trading volume, contrasting with a 19.7% loss over the past four weeks [1] - The company is benefiting from strong fundamentals in the product tanker market, despite facing tariff-related challenges [2] Earnings Expectations - STNG is projected to report quarterly earnings of $0.90 per share, reflecting a year-over-year decline of 77.3%, with revenues expected at $199.9 million, down 48.7% from the previous year [3] - The consensus EPS estimate for STNG has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] Industry Context - Scorpio Tankers operates within the Zacks Transportation - Shipping industry, where another company, Costamare (CMRE), has seen a 1.9% decline in its stock price, with a monthly return of -13.6% [4] - Costamare's consensus EPS estimate has also remained unchanged at $0.48, representing a 23.8% decrease from the previous year [5]