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Scorpio Tankers Inc

Scorpio Tankers Inc (STNG)

82.10
1.59
(1.97%)
Closed June 22 4:00PM
82.55
0.45
(0.55%)
After Hours: 7:56PM

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Key stats and details

Current Price
82.55
Bid
-
Ask
-
Volume
971,407
80.50 Day's Range 82.74
40.34 52 Week Range 83.33
Market Cap
Previous Close
80.51
Open
80.60
Last Trade Time
Financial Volume
$ 79,783,616
VWAP
82.132
Average Volume (3m)
711,173
Shares Outstanding
53,107,765
Dividend Yield
1.70%
PE Ratio
7.97
Earnings Per Share (EPS)
10.3
Revenue
1.34B
Net Profit
546.9M

About Scorpio Tankers Inc

Scorpio Tankers Inc is a shipping company. It is engaged in providing the seaborne transportation of refined petroleum products. It serves its end users in the petroleum supply chain by distributing products such as gasoline, heating oil, and fuel oil from refineries. Scorpio Tankers Inc is a shipping company. It is engaged in providing the seaborne transportation of refined petroleum products. It serves its end users in the petroleum supply chain by distributing products such as gasoline, heating oil, and fuel oil from refineries.

Sector
Deep Sea Frn Trans-freight
Industry
Deep Sea Frn Trans-freight
Headquarters
Monte Carlo, Monaco, Mco
Founded
1970
Scorpio Tankers Inc is listed in the Deep Sea Frn Trans-freight sector of the New York Stock Exchange with ticker STNG. The last closing price for Scorpio Tankers was $80.51. Over the last year, Scorpio Tankers shares have traded in a share price range of $ 40.34 to $ 83.33.

Scorpio Tankers currently has 53,107,765 shares outstanding. The market capitalization of Scorpio Tankers is $4.36 billion. Scorpio Tankers has a price to earnings ratio (PE ratio) of 7.97.

Scorpio Tankers (STNG) Options Flow Summary

Overall Flow

Bullish

Net Premium

740k

Calls / Puts

700.00%

Buys / Sells

60.00%

OTM / ITM

60.00%

Sweeps Ratio

0.00%

STNG Latest News

Scorpio Tankers Inc. Announces Updates on its Securities Repurchase Program and Second Quarter 2024 Daily TCE Revenues

MONACO, June 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced updates on its securities repurchase program and second quarter of 2024...

Scorpio Tankers Inc. Announces Agreements to Sell Five MR Product Tankers

MONACO, June 11, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell five MR product...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
15.386.9716210962877.1782.7475.2492380478.65263497CS
40.941.1518196299581.6182.7475.2471742179.76491553CS
121115.373864430571.5583.3367.871117375.82145258CS
2620.3132.63174807262.2483.3360.046100956369.9357949CS
5237.984.88241881344.6583.3340.34102970260.42309162CS
15661.02283.41848583421.5383.3311.02110883543.24236481CS
26056.3214.47619047626.2583.338.28128409731.54850895CS

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STNG Discussion

View Posts
Monksdream Monksdream 5 months ago
STNG new 52 week high
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Brokemillwright Brokemillwright 9 months ago
Picked up a bit at 51.50, according to newsletter this is the time for lowest rates and they are high, so if trend continues to where rates are normally highest in a few months $$$
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whytestocks whytestocks 4 years ago
NEWS: $STNG Scorpio Tankers Inc. Announces Update on the Repurchase of Its Securities and a New $250 Million Securities Repurchase Program

MONACO, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced an update on the repurchase of the Company’s securities and a new $250 Million Securities Repurchase Program. Repurchase of Secu...

Find out more STNG - Scorpio Tankers Inc. Announces Update on the Repurchase of Its Securities and a New $250 Million Securities Repurchase Program
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doczaius doczaius 4 years ago
I'm in
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Zexcaliber Zexcaliber 4 years ago
Should have more people on this board following this stock. May have some good returns next quarter! We need a following here.
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crudeoil24 crudeoil24 4 years ago
Scorpio Tankers Inc. (Scorpio Tankers) is a Monaco-based company active in the oil transportation industry. The Company is engaged on the seaborne transportation of refined petroleum products in the international shipping markets. Scorpio Tankers operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. Each of the Company’s segments represents a different type of vessel with which it operates, with the total number of vessels being around 110. Handymax represents the smaller type of ship that the Company operates with, followed by MR, LR1 and LR2 being the biggest one. The Company operates with ships under its own ownership as well as finance leased or chartered-in.
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harkmi harkmi 5 years ago
What the heck! Picked up 200 to start @ $25.75
GLTA!
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whytestocks whytestocks 5 years ago
News: $STNG Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2019 and Declaration of a Quarterly Dividend

MONACO, May 02, 2019 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers", or the "Company") today reported its results for the three months ended March 31, 2019.  The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.10...

Got this from https://marketwirenews.com/news-releases/scorpio-tankers-inc-announces-financial-results-for-the-first-quarter-of-2019-and-declaration-of-a-quarterly-dividend-8099656.html
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tdeck tdeck 6 years ago
How we doing here? Am I alone on this board too? Well I will talk to myself then, don't know if I am right but been loading last two days 1.78-1.82 seems like the rest of the market is too, LOL, just kidding but serious amounts loaded almost like a sub penny trip play, I think this may have a pop to 2.50+ we will see next week I guess.

Peace out.
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ClayTrader ClayTrader 6 years ago
* * $STNG Video Chart 08-20-18 * *

Link to Video - click here to watch the technical chart video

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ClayTrader ClayTrader 6 years ago
* * $STNG Video Chart 04-25-18 * *

Link to Video - click here to watch the technical chart video

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Chugit Chugit 6 years ago
Get Ready for Dilution. Take your profits now before share count is raised
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ClayTrader ClayTrader 6 years ago
* * $STNG Video Chart 04-11-18 * *

Link to Video - click here to watch the technical chart video

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benfrankledger benfrankledger 7 years ago
Scorpio Tankers (NYSE:STNG) had declared $0.01/share quarterly dividend, in line with previous.

Payable Dec. 28; for shareholders of record Dec. 13; ex-div Dec. 12.
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benfrankledger benfrankledger 7 years ago
Scorpio Tankers (STNG -0.6%) holds up well despite pricing its 30M-share public offering at $3/share; shares fell nearly 5% in after-hours trading following disclosure of the offering.
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benfrankledger benfrankledger 7 years ago
STNG, which was already heavily leveraged to the product tanker spot market when the acquired the Navig8 product tanker fleet this summer, is increasing the reward for an improvement in the market but also increasing the risk if such an improvement were to take more time to materialize.

But the firm remains long the shares, believing the supply/demand for the product tanker market remains poised for an inflection point and STNG is the favorite pure play on the space.
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benfrankledger benfrankledger 7 years ago
Stifel analysts reduce their STNG price target to $6 from $7, saying the company is "playing defense" in trying to bolster the balance sheet and liquidity ahead of a heavy debt repayment schedule (source: Briefing.com).
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benfrankledger benfrankledger 7 years ago
Scorpio Tankers (STNG -0.6%) holds up well despite pricing its 30M-share public offering at $3/share; shares fell nearly 5% in after-hours trading following disclosure of the offering.
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benfrankledger benfrankledger 7 years ago
STNG says its LR2 segment has been outperforming all other clean tanker sectors so far in the current quarter, with time charter earnings of ~$16.5K/day for 60% of the days, up 28% compared with Q3.
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benfrankledger benfrankledger 7 years ago
"Current spot markets are stronger than the guidance we've been given for the fourth quarter... we would have not gone through the effort of acquiring the Navig8 fleet without being bullish," STNG President Robert Bugbee said.
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benfrankledger benfrankledger 7 years ago
Scorpio Tankers is optimistic about its consolidation with Navig8 Product Tankers, as OPEC's surprising discipline is leading to significant global destocking and U.S. Gulf Coast refined product exports have restarted after Hurricane Harvey, the company said in its earnings conference call.
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benfrankledger benfrankledger 7 years ago
UBS sees oversupply risk as very low due to shipyard capacity reductions and a substantial amount of capital and lending that has left the shipping sector, and .the inflection point driving freight rates back toward average levels.
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benfrankledger benfrankledger 7 years ago
UBS thinks fundamental signals are pointing in a positive direction ahead of a 2018 inflection point, as product tanker demand is expected to grow 3% and outpace supply growth of 2.8%.
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benfrankledger benfrankledger 7 years ago
Scorpio Tankers (STNG -1%) is upgraded to Buy from Neutral with a $5.50 price target, raised from $4.50, at UBS, which says the company could benefit from a looming supply-demand inflection point for product tankers in 2018.
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Mafiaxxx Mafiaxxx 7 years ago
whats going on here?
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geodan geodan 7 years ago
yep. Do see it's on year lows. I went into CPLP which worked out well. But maybe STNG worth another look.
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SmartMoney247 SmartMoney247 7 years ago
So..company raises 200M, has over 100 vessels and everyone's quiet....?
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geodan geodan 7 years ago
lowering divvy has done wonders stock 4.38

Best thing in a year for the stock,
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geodan geodan 7 years ago
Many great articles on STNG onAlpha,andRallyKeepsGoing

http://seekingalpha.com/article/4035287-scorpio-tankers-insiders-buying-rates-improve
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ClayTrader ClayTrader 7 years ago
* * $STNG Video Chart 02-13-17 * *

Link to Video - click here to watch the technical chart video
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geodan geodan 7 years ago
Market loves it!HEAVY Volume too,ReplacementDivvyStock,ESOA

I sold the STNG bot last week in 3.60s for 3.98, keeping rest.


T, if you want a high divvy check out ESOA

3% divvy,sellingAT BOOK,DoublesEarnings,InRightSpot

Everything is right about ESOA, pipelines in growing areas +gov infrastructure. Q out today.
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tsoprano-1 tsoprano-1 7 years ago
I agree.

T
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value1008 value1008 7 years ago
I, too, was surprised-- probably the slashed divi makes this company less risky, and the announcement of shares repurchased, and debt covenants looking okay has reassured the mkt that STNG will survive this era of depressed shipping rates and s/price will bounce back robustly whenever shipping rates improve.
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tsoprano-1 tsoprano-1 7 years ago
Now there is an unexpected result, up .50 so far. Nice.

T
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value1008 value1008 7 years ago
Q4 and yearly results posted; not quite as bad as analysts had predicted, but dividend was slashed for Q1 to just $0.01. Pre-mkt trading was very briefly down to lower $3.20s, but now back up to $3.40s. Obviously any investor in STNG and other shippers is looking forward to at least late 2017 or, more likely, 2018, when these names should skyrocket on (hopefully) better supply/demand dynamics.

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tsoprano-1 tsoprano-1 7 years ago
Thanks, I agree. Hoping to get a dividend announcement next week. Of course, they could suspend one q to enhance balance sheet. But that could be an opportunity.

T
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geodan geodan 7 years ago
STNG presentation and last4Qs,TripleIsInOrder


The table below shows the preliminary results and recent trends for key metrics such as revenues and net income growth:

2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30
Relevant Numbers (Quarterly)
Revenues (mil) 114.34 137.21 165.13 178.4 228.14
Revenue Growth (%YOY) -49.88 -27.19 2.75 41.88 175.23
Earnings (mil) -27.12 3.85 28.03 34.21 85.25

So basically STNG grew like a weed for 3 years, then in 2016 has had lower sales 4 Qs in a row and in last Q lost money for first time.

http://www.scorpiotankers.com/corporate-presentations the newest one on that list shows they have newest fleet in the world with best fuel economy and lowest polution. That older tankers are being scrapped by others.

Their fleet is about 2 years old! and huge. And they are building more. That means going forward they will be the low cost leader in terms of operating costs. So unless they go broke they will prosper going forward. Being banks just gave them more money JMHO they will not go broke. In 2010, 2011, 2013, 2014 and 2015 they traded over $10 a share during a portion of those years.

Revenue 12/31/2015 12/31/2014 12/31/2013
Total Revenue 755,711 342,807 207,580
Cost of Revenue 174,556 78,823 40,204
Gross Profit 581,155 263,984 167,376

In 2016 they have much more revenue that in either 2013 or 2014, when it traded over $10. We are at $3.58 now. A stock triple seems in order as this cycle low will come to an end like prior one did.
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tsoprano-1 tsoprano-1 7 years ago
In response to your message on BWMG board(I am only allowed 1 post per day per board):
I agree, I had a good day too. Of course, BWMG up 40% helps.

T
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geodan geodan 7 years ago
Do not know, but the money does not disappear, no divvy more cash on balance sheet.

I bot a few more today. At all time low, at .42 times Book. And econ in China is going up.
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tsoprano-1 tsoprano-1 7 years ago
Geo, how confident are you that we will see a dividend? No announcement yet. Have a little liquidity and was thinking STNG, but a div cut could be real bad. So I thought I would check in with the oracle. What do you think?

T
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tsoprano-1 tsoprano-1 7 years ago
Joined you with some yesterday at 3.73. Hoping for a pop when div info is announced. Of course, if they cut div we will be able to buy even more at cheaper prices. Not hoping for that, though.

T
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geodan geodan 7 years ago
bot more 3.93 just see no reason for this drop.
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geodan geodan 7 years ago
within 10% of low now. Oh well
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tsoprano-1 tsoprano-1 7 years ago
Thanks, did not see that. But, you are probably right about it bringing down sector.

T
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newmoon4 newmoon4 7 years ago
NAT cut its dividend yesterday. Probably brought the sector down.
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geodan geodan 7 years ago
I was surprised at drop today, see no reason for it. The recent news is this:

08:02 AM EST, 01/19/2017 (MT Newswires) -- Scorpio Tankers(STNG) said early Friday it has secured commitments for a loan facility of up to $172 million from a group of financial institutions.

The loan facility, which comprises multiple tranches, will be used to finance up to 60% of the market value of eight MR product tankers under construction at Hyundai Mipo Dockyard. The tankers are scheduled for delivery in 2017 and 2018.

The maturity date of each tranche is between six and 12 years from its respective drawdown date, and the facility bears interest at LIBOR plus a blended margin of 2.02% per annum.

The group of lenders include the Macquarie Bank in London, DekaBank Deutsche Girozentrale, The Export-Import Bank of Korea and Garanti-Instituttet for Eksportkreditt, the company said in a statement.


Which indicates they are expanding and the banks trust in their future. Its strange that it dropped today.
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tsoprano-1 tsoprano-1 7 years ago
Geo, what do you think, buying opp down here or is there good reason for dip? I have not seen any PRs or articles saying anything bad. Are rates going down for shippers?

T
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tsoprano-1 tsoprano-1 7 years ago
Agreed. One of those to stick in a drawer and leave for a year or two.

T
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geodan geodan 7 years ago
STNG looks great on chart, cup and handle breakout today, good value great divvy
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geodan geodan 7 years ago
Merry Christmas T. Yes STNG looks like winner, plus great divvy.

Have you checked out FCHS? Did writeup on it on its board here, best growth stock know of.
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