STNG News and Press, Scorpio Tankers Inc. From 04/11/23

MONACO, April 11, 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 and that it has repurchased its common shares in the open market. The ...

2023-04-11 01:23:27 ET Summary In 2022, Scorpio Tankers’ net debt-to-equity and net debt-to-EBITDA ratios dropped deeply to 0.62x and 1.56x, respectively. Frontline’s liquidity condition is promising. Its current ratio doubled to 2.25x, and its cash ratio boosted to ...

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. Recently, the Company purchased 1,269,864 of its common shares in ...

2023-04-03 10:43:32 ET Shares in Frontline ( NYSE: FRO ) and other oil tanker companies plunge in Monday's trading in reaction to the surprise OPEC+ production cut that could provide another spark for inflation and weigh on the world economy. Analysts say OPEC's move is ...

2023-04-03 01:41:16 ET Summary Imperial Petroleum was a spin-off from StealthGas Inc. IMPP is currently extremely undervalued. However, I don't think the value will ever get unlocked due to the different incentive structure between shareholders and the CEO. Introduct...

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&...

2023-03-21 17:58:39 ET Scorpio Tankers ( NYSE: STNG ) said Tuesday it entered a new time charter-out agreement for a LR2 tanker with scrubber for a period of three years. The company said the tanker has a daily TCE rate of $40,000 per day, translating to revenues of about $43....

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. Summary of New Time Charter About Scorpio Tankers Inc. Sco...

NEW YORK, March 14, 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...

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 ...