Scorpio Tankers: H1 2024 Earnings Show That The Company Can Grow More And More

AvigatorPhotographer On July 30th, Scorpio Tankers (NYSE:STNG) released its Q2-2024 eamings report, which slightly surpassed analysts' expectations. Consequently, the stock rose by over 3% during the following trading hours, with trading volumes exceeding the average. In this article, I will provide an overview of the Q2-2024 results and explain why I believe Scorpio Tankers-one of the largest product tanker fleet companies in the world-remains a strong buy. Despite its significant market value increase in ...