Seaborne transportation of crude oil and petroleum
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Scorpio Tankers Has $334M Net Cash and Reddit Is Still Treating It Like a War Bet
247Wallst· 2026-02-26 18:21
Core Viewpoint - Scorpio Tankers has significantly improved its financial position, transitioning from a net debt of $3.1 billion in 2021 to a net cash position of approximately $332 million by early 2026 [1] Financial Performance - The company has reduced its net debt from $3.1 billion in 2021 to a net cash position of roughly $332 million as of early 2026 [1]