DNB Carnegie Lowers from Buy to Hold on Scorpio Tankers Inc. (STNG)

Group 1 - Scorpio Tankers Inc. has been recognized as one of the 10 best shipping stocks to buy according to analysts, although DNB Carnegie has recently downgraded the stock from Buy to Hold with a price target of $76 [1][6] - The company announced the sale of three product tankers, including two MR vessels for $35 million each and one LR2 vessel for $60 million, with closings expected in Q1 or Q2 [2] - Scorpio Tankers has signed charter agreements for two LR2 tankers, with a five-year deal at $33,000 per day and an eight-year contract at $30,500 per day, both set to commence in Q1 or Q2 [2] Group 2 - For Q4 2025, Scorpio Tankers reported an adjusted EBITDA of $151.6 million and an adjusted net income of $80 million, equating to $1.70 per share [3] - The company increased its quarterly dividend to $0.45 per share, marking a 12.5% year-over-year increase [3] - Scorpio Tankers prepaid $154.6 million in debt, covering anticipated amortization until 2027, and completed several vessel sales and newbuilding purchase agreements through early 2026 [3] Group 3 - Scorpio Tankers operates in four segments: MR, LR2, Handymax, and LR1, providing marine transportation of petroleum products [4]