Core Viewpoint - Scorpio Tankers Inc. provided an update on its liquidity, outstanding debt, and newbuilding vessel commitments, highlighting significant changes in its financial position and ongoing vessel sales [1]. Liquidity and Debt Update - As of January 9, 2026, the total secured debt decreased to $409.2 million from $628.7 million as of September 30, 2025. The total debt also reduced to $628.4 million from $896.6 million [2]. - The company has $783.9 million available under its revolving credit facilities as of January 9, 2026 [2]. - Cash increased to $793.2 million as of January 9, 2026, compared to $603.2 million previously, resulting in a net cash position of $(164.7) million [2]. Vessel Sales - The company sold 3,551,794 common shares in DHT Holdings Inc. at an average price of $13.40 per share [3]. - In November and December 2025, the company completed sales of several MR product tankers, including STI Maestro for $42.0 million and STI Lobelia for $61.2 million [3][4]. Debt Repayments - Significant debt repayments occurred in late 2025, including a $29.2 million prepayment on the 2023 $225.0 Million Revolving Credit Facility and a $34.0 million prepayment on the 2023 $117.4 Million Credit Facility [7]. - The company also prepaid various amounts on other credit facilities, reducing future payment obligations [7]. Newbuilding Commitments - The company has commitments for newbuilding vessels, including two VLCCs expected to be delivered in the second half of 2028, two LR2s in the third quarter of 2027, and four MRs with staggered deliveries in 2026 and 2027 [5][6]. - Total newbuilding purchase commitments amount to $572.8 million, with payments scheduled from Q1 2026 through 2028 [6]. Company Overview - Scorpio Tankers Inc. operates a fleet of 93 product tankers, with an average age of 9.8 years, and has agreements to sell four LR2 product tankers expected to close in early 2026 [8].

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]

Core Insights - Capital Link is organizing a series of online Company Presentations featuring senior management teams from leading publicly listed maritime companies to discuss business development, strategy, growth prospects, and sector outlook [1][2]. Company Presentations - The first presentation will be held on January 14, 2026, at 10:00 AM ET by Scorpio Tankers Inc. (NYSE: STNG), with subsequent presentations scheduled in the following weeks [2]. - A full list of participating companies and additional information can be found on Capital Link's dedicated webpage [3]. Webinar Structure - Each session will last no more than 45 minutes, including a company slide presentation followed by a live Q&A session with participants [4]. - All webinars will be archived for on-demand viewing after the live events [4]. Q&A Session - Participants can submit questions during the webinar or via email prior to the event [5]. Schedule of Presentations - The schedule includes various companies such as MPC Container Ships ASA, Navigator Gas, Euroseas Ltd., EuroDry Ltd., TEN Ltd., Global Ship Lease, Inc., d'Amico International Shipping S.A., Pyxis Tankers Inc., International Seaways, Inc., and Diana Shipping Inc. with specific dates and times for each presentation [6][7].

Core Viewpoint - Stinger Resources Inc. is proposing a non-brokered private placement of up to $160,000 to raise funds for general working capital, offering 3,200,000 units at a price of $0.05 per unit, each consisting of one common share and one warrant [1] Group 1: Offering Details - The offering will consist of up to 3,200,000 units priced at $0.05 each, with each unit including one common share and one warrant [1] - Each warrant allows the holder to purchase one common share at $0.06 within 24 months after the closing date of the offering [1] - Proceeds from the offering will be used for general working capital [1] Group 2: Insider Participation - It is anticipated that insiders of the company will participate in the offering, which may be considered a related party transaction [3] - Insider participation will be exempt from formal valuation and minority shareholder approval requirements due to the company's market capitalization not exceeding 25% of the securities distributed [3] Group 3: Company Background - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the Dunwell Mine and the Gold Hill property [5] - The company also owns the Silver Side property and has an optioned interest in the Ample Goldmax property [6]

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 ...