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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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 20, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, April 28, 2022, the Company plans to issue its first quarter 2022 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 11:00 AM Eastern Daylight Time and 5:00 PM Central European Summer Time.

Scorpio Tankers Inc. to Announce First Quarter 2022 Results and Have a Conference Call on April 28, 2022

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MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into a Memorandum of Understanding (“the Agreement”) with Carbon Ridge LLC (“Carbon Ridge”) to collaborate on the development of onboard carbon capture for maritime vessels. Carbon Ridge is a US-based startup working to commercialize existing gas separation technology without the need for large structural modifications. The Agreement addresses the collaboration for detailed front-end engineering, design, and validation process with a small-scale test unit onboard one of the Company's vessels.

Scorpio Tankers Inc. Announces an Agreement to Collaborate With Carbon Ridge on the Development of Onboard Carbon Capture

MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR).

Scorpio Tankers Inc. Announces Agreements to Sell Three Vessels

MONACO, March 23, 2022 (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, 2021 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 2021 Annual Report on Form 20-F

MONACO, March 03, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company"), a provider of marine transportation of petroleum products worldwide, announced today that it will participate in three investor events in March 2022.

Scorpio Tankers Inc. to Participate in a Conference Call With Bank of America Securities, the DNB Energy & Shipping Conference, and the Capital Link International Shipping Forum

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Scorpio Tankers Inc. (STNG) CEO Emanuele Lauro on Q4 2021 Results - Earnings Call Transcript

Scorpio Tankers (STNG) delivered earnings and revenue surprises of 8.14% and 0.38%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Scorpio Tankers (STNG) Reports Q4 Loss, Tops Revenue Estimates

MONACO, Feb. 14, 2022 (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, 2021. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on the Company's common stock.

Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2021 and Declaration of a Quarterly Dividend

MONACO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Monday, February 14, 2022, the Company plans to issue its fourth quarter 2021 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 2021 Results and Have a Conference Call on February 14, 2022

MONACO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell 14 vessels (two MRs and 12 LR1s), an update on financings, and the preliminary Q4 2021 daily TCE revenues.

Scorpio Tankers Inc. Announces Agreements to Sell 14 Vessels, an Update on Financings, and Preliminary Q4 2021 Daily TCE Revenues

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 today that it will participate in Capital Link's Corporate Presentation Webinar Series.

Scorpio Tankers Inc. to Present at Capital Link's Corporate Presentation Series

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.

Scorpio Tankers Inc. Announces Update on Financing Activities

Scorpio Tankers Inc. (STNG) CEO Emanuele Lauro on Q3 2021 Earnings Conference Call - Earnings Call Transcript

Scorpio Tankers Inc. (NYSE: STNG) reported a third-quarter vessel revenue decline of 32.7% Y/Y to $119.27 million. TCE revenue decreased to $118.61 million.

Scorpio Tankers Stock Gains After Q3 Results

MONACO, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2021. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on the Company's common stock.

Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2021 and Declaration of a Quarterly Dividend

MONACO, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, November 11, 2021, the Company plans to issue its third quarter 2021 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 Third Quarter 2021 Results and Have a Conference Call on November 11, 2021

I have been following Scorpio Tankers Inc ( STNG , Financial) for around a decade. I even owned the stock at one point in 2013, as I thought the company looked undervalued compared to the balance sheet value of its assets.

A Look at the Cheap and Growing Scorpio Tankers

Rates for refined product transportation were extremely weak at the beginning of the quarter and any marked improvement on particular routes has been obscured by seemingly lackluster market conditions.

Scorpio Tankers: Q3 2021 Results Will Be Weak But The Future Is More Promising

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MONACO, Aug. 12, 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 100,000 common shares (or 1,000 call option contracts) of the Company for total consideration of $465,000. The call option contracts have a strike price of $15.00 and an expiration of January 2023.

Scorpio Tankers Inc. Announces Purchase of Call Options by President of the Company

Scorpio Tankers Inc. (STNG) CEO Emanuele Lauro on Q2 2021 Results - Earnings Call Transcript

Scorpio Tankers Inc. (NYSE: STNG) reported a second-quarter vessel revenue decline of ~60% Y/Y to $139.44 million, missing the consensus of $155.89 million. Adjusted loss per share of $(0.94) missed the consensus of $(0.64).

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