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STNG News and Press, Scorpio Tankers Inc. From 03/13/23

Stock Information

Company Name: Scorpio Tankers Inc.
Stock Symbol: STNG
Market: NYSE
Website: scorpiotankers.com

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STNG - Scorpio Tankers to exercise ships purchase options leading to debt reduction

2023-03-13 07:22:51 ET Scorpio Tankers ( NYSE: STNG ) exercised the purchase options on six ships which includes two 2016 built LR2 product tankers, one 2019 built LR2 product tanker, two 2019 built MR product tankers and one 2020 built MR product tanker. The leases bear ...

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

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. The Company has given notice to exercise its purchase options on two 2016 bu...

STNG - Frontline: 2022 A Golden Year For Tankers

Summary Frontline announced multi-year record revenues of $530.14 million for the fourth quarter of 2022. The tankers did exceptionally well during the fourth quarter of 2022 and posted the highest quarterly income since 2Q18. The demand is expected to fall slightly from 8% in 2022 ...

STNG - Scorpio Tankers' Climb Is Running Out Of Gas

Summary Demand growth for natural gas is starting to stabilize when compared to coming out of COVID in 2021 and early 2022. Increased refinery capacity and net additions could put downward price pressure on ton-mile fees. Europe has largely pivoted away from Russian-imported natural...

STNG - Leading Tanker, LNG/LPG Shipping Companies & Diversified MLPs Participating at Capital Link's 17th Annual International Shipping Forum March 20, 2023, in New York City

NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Senior executives from 29 shipping companies will participate on panels and presentations at Capital Link’s 17th Annual International Shipping Forum on Monday, March 20, 2023, at the Metropolitan Club in New York City. The event is organized ...

STNG - The rally might not be over for surging oil shipping stocks - Barron's

Some oil tanker stocks including Scorpio Tankers ( NYSE: STNG ) and Ardmore Shipping ( NYSE: ASC ) quadrupled last year, and as new sanctions have shifted the flow of Russian oil to more distant ports, Evercore analyst Jonathan Chappell thinks the rally " may have only just begu...

STNG - SFL Corporation: An Attractive Dividend Yield Of 9.53%

Summary SFL Corporation Ltd. operating Q4 revenues were another record of $197.82 million, compared to $152.06 million in the same quarter a year ago and up from $166.89 million in 3Q22. The SFL Corporation Board of Directors has declared an increased quarterly cash dividend of $0.24 pe...

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

Scorpio Tankers Inc. (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 ...

STNG - Scorpio Tankers Inc. 2022 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Scorpio Tankers Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Scorpio Tankers Inc. 2022 Q4 - Results - Earnings Call Presentation

STNG - Scorpio Tankers doubles dividend to $0.20

Scorpio Tankers ( NYSE: STNG ) declares $0.20/share quarterly dividend , 100% increase from prior dividend of $0.10. Forward yield 1.31% Payable March 31; for shareholders of record March 7; ex-div March 6. See STNG Dividend Scorecard, Yield Chart, & Dividend...

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