Scorpio Tankers(STNG)
Search documents
Scorpio Tankers (STNG) Price Target Trimmed by Analyst
Yahoo Finance· 2025-12-05 18:29
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].
Price Over Earnings Overview: Scorpio Tankers - Scorpio Tankers (NYSE:STNG)
Benzinga· 2025-12-03 20:00
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].
Scorpio Tankers Inc. $STNG Shares Acquired by Allworth Financial LP
Defense World· 2025-11-17 08:43
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 ...
Stinger Resources Inc. Announces Cancellation of Incentive Stock Options
Newsfile· 2025-11-14 21:05
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]
Scorpio Tankers Inc. Announces Agreements to Construct VLCCs
Globenewswire· 2025-11-11 12:43
Core Viewpoint - Scorpio Tankers Inc. has signed letters of intent to construct two Very Large Crude Carriers (VLCCs) at a price of $128 million each, with expected deliveries in late 2028, reflecting a strong long-term outlook for the crude tanker market [1][3]. Company Developments - The company has sold 2,382,226 common shares of DHT Holdings Inc. at an average price of $13.25 per share, retaining ownership of 1,169,568 shares as of the press release date [2]. - Scorpio Tankers currently owns or finances 98 product tankers, including 38 LR2, 46 MR, and 14 Handymax tankers, with an average age of 9.6 years [3]. - The company has agreements to sell four MR and two LR2 product tankers, expected to close in Q4 2025 and Q1 2026, and has four MR newbuildings under construction for delivery in 2026 and 2027 [3]. Market Outlook - The CEO expressed confidence in the fundamentals of the crude tanker market, indicating that the newbuilding agreements are a strategic extension of the company's positive outlook [3].
CSE Bulletin: New Listing - Stinger Resources Inc. (STNG)
Newsfile· 2025-11-06 19:49
Core Points - Stinger Resources Inc. has received approval for its common shares to be listed on the Canadian Securities Exchange (CSE) [1][3] - The company is focused on mineral exploration, particularly in gold and silver properties located in British Columbia [2][4] Company Overview - Stinger Resources Inc. is a Canadian mineral exploration company with an experienced management team [2][4] - The company holds a 100% interest in the Dunwell high-grade gold and silver mine, which is located in the "Golden Triangle" near Stewart [2][4] - Additionally, Stinger Resources owns a 100% interest in the Gold Hill property near Fort Steele and has interests in other gold and silver properties in the province [2][4] Listing Details - The number of issued and outstanding securities is 49,647,742, with an additional 4,493,137 securities reserved for issuance [5] - The listing date for the common shares is set for November 10, 2025 [5] - The trading currency will be Canadian dollars (CDN$) [5]
Scorpio Tankers Inc. Announces Agreements to Sell Four MR Product Tankers and to Purchase Four MR Newbuilding Vessels
Globenewswire· 2025-11-06 11:43
Core Viewpoint - Scorpio Tankers Inc. is strategically enhancing its fleet by selling older MR product tankers and acquiring new scrubber-fitted MR newbuildings, which is expected to improve the fleet's age profile and quality while minimizing capital expenditure [4]. Vessel Sales - The company has agreed to sell four 2014 built scrubber-fitted MR product tankers for $32.0 million each, with the sales expected to close in the first quarter of 2026 [2]. - Each of these vessels has an outstanding debt of $7.3 million, financed through the company's 2023 $225.0 million Revolving Credit Facility [2]. Newbuilding MRs - Scorpio Tankers has committed to purchasing four scrubber-fitted MR newbuildings at a price of $45.0 million each, with deliveries scheduled for 2026 and 2027 [3]. - The expected delivery timeline includes one vessel in the second and third quarters of 2026, and one vessel in the first and second quarters of 2027 [3]. Company Overview - Scorpio Tankers Inc. operates a fleet of 99 product tankers, including 38 LR2 tankers, 47 MR tankers, and 14 Handymax tankers, with an average fleet age of 9.6 years [4]. - The company has also entered into agreements to sell five MR and two LR2 product tankers, with expected closures in the fourth quarter of 2025 and the first quarter of 2026 [4].
Scorpio Tankers Inc. 2025 Q3 - Results - Earnings Call Presentation (NYSE:STNG) 2025-11-05
Seeking Alpha· 2025-11-05 23:04
Group 1 - The article does not provide any specific content related to a company or industry [1]
Stinger Resources Inc. Announces CSE Listing and TSXV Delisting
Newsfile· 2025-11-05 14:00
Core Viewpoint - Stinger Resources Inc. is set to transition its common shares from the TSX Venture Exchange to the Canadian Securities Exchange, with trading expected to commence on November 10, 2025 [1][2]. Group 1: Company Announcement - The Company has received confirmation from the Canadian Securities Exchange that its common shares will begin trading on November 10, 2025 [1]. - Stinger Resources has requested to voluntarily delist its common shares from the TSX Venture Exchange, effective at the close of the market on November 7, 2025 [2]. - The trading symbol "STNG" will remain unchanged, and no action is required from shareholders regarding the CSE listing [2]. Group 2: Company Profile - Stinger Resources holds interests in gold and silver properties in British Columbia, including the 100% owned Dunwell Mine, which is located in the "Golden Triangle" [3]. - The Company also owns a 100% interest in the Gold Hill property and the Silver Side property, along with an optioned interest in the Ample Goldmax property in British Columbia [4].
Scorpio Tankers: Entering A Mature Phase With Stable Dividends Ahead (NYSE:STNG)
Seeking Alpha· 2025-11-05 09:14
Core Insights - Scorpio Tankers (STNG) reported mixed results for Q3 2025, with a decline in profitability but a stronger balance sheet than ever before [1] - The company is actively reducing debt, accumulating cash, and increasing liquidity, indicating a focus on financial stability [1] - Capital expenditures (CAPEX) appear to be moderate, suggesting a cautious approach to investment [1] Financial Performance - Profitability decreased in Q3 2025 compared to previous periods, raising concerns about operational efficiency [1] - The balance sheet has improved significantly, reflecting effective financial management and strategic planning [1] Strategic Focus - The company is prioritizing aggressive debt reduction, which may enhance its long-term financial health [1] - Increased liquidity and cash reserves position the company well for future opportunities and challenges [1] - Moderate CAPEX indicates a strategic approach to growth, balancing investment with financial prudence [1]