- Scorpio Tankers ( NYSE: STNG ) on Tuesday reported its first quarter 2023 and fourth quarter 2022 daily TCE revenues.
- In Q1 2023, LR2 had average daily TCE revenue of $72,250 in pool and spot market, and $30,060 outside of the pools.
- In Q1 2023, MR had average daily TCE revenue of $46,000 in pool and spot market, and $21,800 outside of the pools.
- In Q1 2023, Handymax had average daily TCE revenue of $63,000 in pool and spot market.
- In Q4 2022, LR2 had average daily TCE revenue of $58,000 in pool and spot market, and $28,700 outside of the pools.
- In Q4 2022, MR had average daily TCE revenue of $43,000 in pool and spot market, and $21,600 outside of the pools.
- In Q4 2022, Handymax had average daily TCE revenue of $50,000 in pool and spot market.
- Since January 4, Scorpio repurchased an 958,806 of its common shares in the open market at an average price of $49.47 per share.
- Since December 1, 2022, Scorpio repurchased 2,324,372 of its common shares at an average price of $50.78 per share.
- The company said it has $132 million available under its securities repurchase program, and has 59.7 million shares outstanding.
For further details see:
Scorpio Tankers updates on daily TCE revenues, share buyback