SCORPIO TANKERS INC. | ||||||||||||||||||||
(registrant) | ||||||||||||||||||||
Dated: September 9, 2024 | ||||||||||||||||||||
By: | /s/ Christopher Avella | |||||||||||||||||||
Christopher Avella | ||||||||||||||||||||
Chief Financial Officer |
SCORPIO TANKERS INC. | ||||||||||||||||||||
(registrant) | ||||||||||||||||||||
Dated: September 9, 2024 | ||||||||||||||||||||
By: | /s/ Christopher Avella | |||||||||||||||||||
Christopher Avella | ||||||||||||||||||||
Chief Financial Officer |
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/21/2023 | $60.00 → $45.00 | Buy → Neutral | BofA Securities |
6/30/2023 | $55.00 | Hold → Buy | Deutsche Bank |
3/8/2023 | $87.00 | Overweight | JP Morgan |
10/11/2022 | $34.00 → $38.00 | Sell → Hold | Deutsche Bank |
7/21/2022 | $47.00 | Buy | Jefferies |
4/27/2022 | $24.00 → $27.00 | Buy | Jefferies |
3/3/2022 | $15.50 → $23.00 | Neutral → Buy | B of A Securities |
2/10/2022 | Underperform → Neutral | B of A Securities |
SC 13G/A - Scorpio Tankers Inc. (0001483934) (Subject)
SC 13G - Scorpio Tankers Inc. (0001483934) (Subject)
SC 13D/A - Scorpio Tankers Inc. (0001483934) (Subject)
MONACO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced that since July 30, 2024, the Company has repurchased 2,415,321 of its common shares in the open market at an average price of $72.45 per share under the Company's 2023 Securities Repurchase Program. Since April 1, 2024, the Company has repurchased an aggregate of 3,813,287 of its common shares in the open market at an average price of $74.54 per share. As of September 6, 2024, there are 50,760,778 common shares of the Company outstanding and $225.0 million remaining available out of the $400 million authorized under the 2023 Securities Repurchase Program. About
MONACO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has entered into agreements to sell two vessels and a new time charter-out agreement. Vessel Sales The Company has recently entered into agreements to sell two 2014 built scrubber fitted MR product tankers, STI San Antonio and STI Texas City, for $42.5 million per vessel. These sales are expected to close within the fourth quarter of 2024. Time Charter-Out Agreement The Company has entered into a three-year time charter-out agreement for the 2018 built MR product tanker, STI Jardins, for $29,550 per day. This vessel is not scrubber-fitted. The charte
MONACO, July 30, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share. Results for the three months ended June 30, 2024 and 2023 For the three months ended June 30, 2024, the Company had net income of $227.3 million, or $4.54 basic and $4.34 diluted earnings per share. For the three months ended June 30, 2024, the Company had adjusted net income (see Non-IFRS Measures section below) of $188.4 million, or $3.77 b
BofA Securities downgraded Scorpio Tankers from Buy to Neutral and set a new price target of $45.00 from $60.00 previously
Deutsche Bank upgraded Scorpio Tankers from Hold to Buy and set a new price target of $55.00
JP Morgan initiated coverage of Scorpio Tankers with a rating of Overweight and set a new price target of $87.00
Stifel analyst Benjamin Nolan maintains Scorpio Tankers (NYSE:STNG) with a Buy and raises the price target from $84 to $86.
5 analysts have shared their evaluations of Scorpio Tankers (NYSE:STNG) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 3 0 0 Last 30D 0 1 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 1 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $87.8, with a high estimate of $100.00 and a low estimate of $82.00. This current average ref
Evercore ISI Group analyst Jonathan Chappell maintains Scorpio Tankers (NYSE:STNG) with a Outperform and raises the price target from $99 to $100.
6-K - Scorpio Tankers Inc. (0001483934) (Filer)
6-K - Scorpio Tankers Inc. (0001483934) (Filer)
6-K - Scorpio Tankers Inc. (0001483934) (Filer)
MONACO, July 30, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share. Results for the three months ended June 30, 2024 and 2023 For the three months ended June 30, 2024, the Company had net income of $227.3 million, or $4.54 basic and $4.34 diluted earnings per share. For the three months ended June 30, 2024, the Company had adjusted net income (see Non-IFRS Measures section below) of $188.4 million, or $3.77 b
MONACO, July 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that on Tuesday, July 30, 2024, the Company plans to issue its second quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time. Conference Call Information Title: Scorpio Tankers Inc. Second Quarter 2024 Conference Call Date: Tuesday, July 30, 2024 Time: 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time The conference call will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.co
MONACO, May 09, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share. Results for the three months ended March 31, 2024 and 2023 For the three months ended March 31, 2024, the Company had net income of $214.2 million, or $4.29 basic and $4.11 diluted earnings per share. For the three months ended March 31, 2024, the Company had adjusted net income (see Non-IFRS Measures section below) of $206.6 million, or $4.14