Scorpio Tankers Stock News

MONACO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”), a provider of marine transportation of petroleum products worldwide, announced

Scorpio Tankers Inc. (NYSE:STNG) has a beta value of 0.83 and has seen 1.0 million shares traded in the last trading session. The company, currently valued at $757.49M, closed the last trade at $13.04 per share which meant it gained $0.73 on the day or 5.93% during that session. The STNG stock price is -89.19% Why Invest In Scorpio Tankers Inc. (STNG) Stock? Read More »

The two LR2 STI Gallantry and STI Guard, which the company led by Lauro will have to buy back at the end of the 10-year charter, will change hands

Scorpio Tankers Inc. (NYSE:STNG) has earned a consensus recommendation of Hold from the nine brokerages that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. The average 12-month price []

Cardston, Alberta--(Newsfile Corp. - December 17, 2021) - Stinger Resources Inc. (TSXV: STNG) (the "Company" or "Stinger") is pleased to announce results from the Annual General and Special Meetin

MONACO, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has signed a transaction with Ocean Yield ASA involving the sale and leaseback of two LR2 product tankers, STI Gallantry and STI Guard , for a total financing consideration of $70.2 million. Upon completion, which is expected in December 2021, the Company’s liquidity is expected to increase by $27.9 million in aggregate after the repayment of outstanding debt. As part of the agreements, the Company will bareboat charter-in the vessels for a period of 10 years and will have purchase options beginning at the end of the fourth year of each agreement. There is also a purchase obligation for each vessel upon the expiration of each agreement. The remaining terms and conditions of this lease financing arrangement, including financial covenants, are similar to those set forth in the Company’s existing lease financing arrangements. This transaction was not part of the Company’s financing initiatives that were announced on November 11, 2021.

MONACO, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 300,000 common shares (or 3,000 call option contracts) of the Company for total consideration of $825,000. The call option contracts have a strike price of $15.00 and an expiration of January 2023.

Equities analysts predict that Scorpio Tankers Inc. (NYSE:STNG) will report ($0.57) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Scorpio Tankers earnings, with the highest EPS estimate coming in at ($0.38) and the lowest estimate coming in at ($0.89). Scorpio Tankers posted earnings []

Scorpio Tankers (NYSE:STNG) had its price objective cut by Deutsche Bank Aktiengesellschaft from $13.00 to $10.50 in a research note issued to investors on Friday, The Fly reports. The firm presently has a sell rating on the shipping companys stock. Deutsche Bank Aktiengesellschafts price target suggests a potential downside of 10.26% from the stocks current []

Scorpio Tankers Inc. (NYSE:STNG) concluded the trading at $12.77 on Thursday, December 02 with a rise of 1.19% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $12.62 and 5Y monthly beta was reading 1.16 with its price kept floating in the … Scorpio Tankers Inc. (STNG): Sit Tight When Things Go Right Read More »

In last trading session, Scorpio Tankers Inc. (NYSE:STNG) saw 2.0 million shares changing hands with its beta currently measuring 0.83. Companys recent per share price level of $12.62 trading at -$1.29 or -9.27% at ring of the bell on the day assigns it a market valuation of $770.20M. That closing price of STNGs stock is Is Scorpio Tankers Inc. (NYSE:STNG), -95.48% Below Its High, Poised For A Strong Recovery? Read More »

Scorpio Tankers (NYSE:STNG) and Performance Shipping (NASDAQ:PSHG) are both small-cap transportation companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, analyst recommendations and dividends. Institutional & Insider Ownership 45.5% of Scorpio Tankers shares are held by institutional investors. Comparatively, []

Brokerages predict that Scorpio Tankers Inc. (NYSE:STNG) will announce $162.15 million in sales for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Scorpio Tankers earnings, with the lowest sales estimate coming in at $147.25 million and the highest estimate coming in at $173.90 million. Scorpio Tankers reported sales of $138.00 []

Zacks Investment Research upgraded shares of Scorpio Tankers (NYSE:STNG) from a sell rating to a hold rating in a research report sent to investors on Wednesday, Zacks.com reports. According to Zacks, Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. The Companys initial fleet consists of three modern panamax tankers. Its []