Scorpio Tankers

Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. Its consists of wholly owned, finance leased, and bareboat chartered-in tankers. It operates through the following segments: MR, LR2, Handymax, and LR1. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.

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Scorpio Tankers achieves record-breaking earnings, eyes strong market growth

Scorpio Tankers had a stellar year in 2022, focusing on debt reduction and shareholder value. Management is optimistic about 2023, highlighting positive market trends. Challenges include regulatory constraints and fleet inefficiencies.

Scorpio Tankers excels in Q1 2023, prioritizes debt reduction and shareholder value

Scorpio Tankers' Q1 2023 performance reflects a robust financial position and strategic initiatives focused on enhancing shareholder value through debt reduction and capital returns. While facing challenges related to industry dynamics and fleet renewal, the company remains optimistic about market conditions and growth opportunities. Leveraging its strengths in financial management and vessel optimization, Scorpio Tankers is poised for continued success in the evolving tanker market.

Scorpio Tankers excels in Q2, eyes growth amid market dynamics

Scorpio Tankers navigated challenges in Q2, maintaining strong financial performance and strategic capital allocation. Market conditions support continued strength, with opportunities for growth amidst global trends.

Scorpio Tankers reports strong Q3 earnings amidst global demand

Scorpio Tankers is performing well financially, focusing on debt reduction and shareholder value. Strong global demand for refined products presents opportunities for rate improvement. Challenges include Panama Canal disruptions and rising chartering costs.

Scorpio Tankers posts stellar Q4 results amidst global disruptions

Scorpio Tankers' Q4 2023 earnings reflect a financially robust period, marked by strong EBITDA and net income figures. Despite facing challenges from global disruptions and market uncertainties, the company's strategic focus on deleveraging and shareholder returns showcases resilience and long-term vision.

Scorpio Tankers excels in Q1, eyes growth amidst market dynamics

Scorpio Tankers' strong Q1 performance and focus on debt reduction and shareholder value highlight a positive trajectory.
While facing challenges from structural changes and market volatility, the company is well-positioned to capitalize on growth opportunities.
Management's long-term approach and strategic initiatives underscore a commitment to sustainable growth and operational excellence.

Scorpio Tankers excels in Q2 2024, eyes growth amid challenges

Scorpio Tankers' Q2 2024 performance reflects financial strength and strategic capital allocation. While challenges exist in market dynamics and fleet growth, the company is well-positioned to leverage opportunities in the product tanker market. By focusing on debt reduction and shareholder value, Scorpio Tankers aims to sustain its positive momentum and deliver returns to investors.

Scorpio Tankers excels in Q3, eyes growth in tanker sector

Scorpio Tankers' Q3 2024 performance reflects a robust financial standing, marked by debt reduction, shareholder returns, and strategic acquisitions.
The company's focus on operational efficiency, asset sales, and market positioning underscores its commitment to long-term growth and value creation.
While challenges persist in the industry, Scorpio Tankers remains poised to leverage opportunities in the tanker market and deliver sustainable shareholder value.

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MONACO, April 03, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has repurchased its common shares in the open market.

Scorpio Tankers Inc. Announces Repurchases of Its Common Shares

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MONACO, March 24, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") announced today that its Annual Report on Form 20-F for the year ended December 31, 2022 has been filed with the Securities and Exchange Commission and can be accessed on the Company's website www.scorpiotankers.com in the Investors section under Reports and Presentations.

Scorpio Tankers Inc. Announces Availability of 2022 Annual Report on Form 20-F

MONACO, March 21, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into a new time charter-out agreement.

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MONACO, March 13, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that it has exercised the purchase options on six ships.

Scorpio Tankers Inc. Announces the Exercise of Purchase Options on Six Ships

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Scorpio Tankers: Windfall Profits at an Inflection Point

Scorpio Tankers Inc. (NYSE:STNG ) Q4 2022 Earnings Conference Call February 16, 2022 8:30 AM ET Company Participants James Doyle - Head of Corporate Development and IR Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Brian Lee - Chief Financial Officer Cameron Mackey - Chief Operating Officer Lars Dencker Nielsen - Commercial Director Conference Call Participants Omar Nokta - Jefferies Frode Morkedal - Clarksons Platou Securities Benjamin Nolan - Stifel Ken Hoexter - Bank of America Merrill Lynch Greg Lewis - BTIG Operator Hello, and welcome to the Scorpio Tankers Inc. Fourth Quarter 2022 Conference Call. All participants will be in listen-only mode.

Scorpio Tankers Inc. (STNG) Q4 2022 Earnings Call Transcript

Scorpio Tankers (STNG) delivered earnings and revenue surprises of -3.20% and 4.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Scorpio Tankers (STNG) Q4 Earnings and Revenues Miss Estimates

MONACO, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2022. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's common stock.

Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2022 and an Increase to its Quarterly Dividend

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High fuel costs are likely to have dented Scorpio Tankers' (STNG) bottom-line performance in fourth-quarter 2022.

What's in Store for Scorpio Tankers (STNG) in Q4 Earnings?

Scorpio Tankers (STNG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Scorpio Tankers (STNG) Soars 5.6%: Is Further Upside Left in the Stock?

MONACO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, February 16, 2023, the Company plans to issue its fourth quarter 2022 earnings press release in the morning (Eastern Standard Time) and host a conference call at 8:30 AM Eastern Standard Time and 2:30 PM Central European Time.

Scorpio Tankers Inc. To Announce Fourth Quarter 2022 Results and Have a Conference Call on February 16, 2023

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STNG has started the year on the wrong foot, falling by about 11% amid a notable decline in product tanker rates. The Baltic Clean Tanker Index has fallen by as much as 67% YTD and sustained weakness could adversely impact STNG's revenue and earnings outlook.

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Scorpio Tankers is engaged in refined petroleum seaborne transportation all around the globe. Strong market conditions are driving very high market rates.

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MONACO, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces updates on fourth quarter of 2022 and first quarter of 2023 Daily TCE Revenues, and its Securities Repurchase Program.

Scorpio Tankers Inc. Announces Update on Daily TCE Revenues and Securities Repurchase Program

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Scorpio Tankers (STNG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

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