Exhibit 99.1 Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2024 and the Declaration of a Dividend MONACO--(GLOBE NEWSWIRE - October 29, 2024) - Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share. Results for the three mo ...

Scorpio Tankers Inc. (NYSE:STNG) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Corporate Participants James Doyle - Head of Corporate Development and IR Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Chris Avella - Chief Financial Officer Lars Dencker Nielsen - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore ISI Greg Lewis - BTIG Ken Hoexter - Bank of America Chris Robertson - Deutsche Bank Frode Mørkedal - Clarkson Secu ...

Scorpio Tankers (STNG) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.70%. A quarter ago, it was expected that this shipping company would post earnings of $3.52 per share when it actually produced earnings of $3.60, delivering a surprise of 2.27%.Over the last four quarters, the c ...

MONACO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share. Results for the three months ended September 30, 2024 and 2023 For the three months ended September 30, 2024, the Company had net income of $158.7 million ...

Note: I previously covered Scorpio Tankers (NYSE: STNG ) in February. In the article, I discussed the product tankers market and the company’s merits. STNG was perfectly positioned with its relatively young fleet equipped with scrubbers. Scorpio's NAV was valued at $3,771 million atI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursu ...

MONACO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that on Tuesday, October 29, 2024, the Company plans to issue its third quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 2:00 PM Central European Time. Conference Call Information Title: Scorpio Tankers Inc. Third Quarter 2024 Conference Call Date: Tuesday October 29, 2024 Time: 9:00 AM Easte ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highestquality analysis of this type of information. I believe that Scorpio Tankers (NYSE: STNG ) stock, despite its impressive growth of over 43% in the past year, has become even more undervalued than it was a few months ago. As I see it, the business continues He leads the investing group Beyond the ...

MONACO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has entered into an agreement to sell its 2019 built LR2 product tanker, STI Lily. The sale price is $73.5 million and the sale is expected to close within the fourth quarter of 2024. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 102 product tanke ...

MONACO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 234,300 common shares (or 2,343 call option contracts) of the Company for total consideration of $1.5 million. The call option contracts have a strike price of $67.50 and an expiration of January 2025. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of ...

MONACO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has entered into agreements to sell two vessels and a new time charter-out agreement. Vessel Sales The Company has recently entered into agreements to sell two 2014 built scrubber fitted MR product tankers, STI San Antonio and STI Texas City, for $42.5 million per vessel. These sales are expected to close within the fourth quarter of 2024. Time Charter-Out Agreement The C ...