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NEW YORK, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Senior executives from 32 shipping companies will participate on panels and presentations at Capital Link’s 14th Annual New York Maritime Forum on Wednesday, September 21, 2022 at the Metropolitan Club in New York City. The event is organi...
Summary Recent geopolitical events have changed product tanker dynamics materially with the healthy charter rate environment now widely expected to persist well into 2023 and potentially longer. Robust chartering outlook in combination with soaring costs for newbuildings has resul...
MONACO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announces an update on Q3 2022 events, including the Q3 2022 quarter to date Daily TCE Revenues and the exercise of purchase options on eight ships. ...
Summary Shortage of refined petroleum products - not oil - will lead to a spike in shipping demand and increased ton-mile demand. The Russia-Ukraine conflict has strained Europe’s energy supply, with threats of additional supply constraints ahead of winter, leading to incre...
Summary Energy equities finished modestly higher in a down August tape. Oil and gas transport stocks have caught a big absolute and relative bid. Scorpio Tankers features big EPS upside and bullish technicals. The Energy and Utilities sectors were the lone areas of t...
Operating revenues were another record of $153.297 million compared to $116.76 million in the same quarter a year ago and up from $152.39 million in 1Q22. The quarterly dividend increased to $0.23 per share in 2Q22. I recommend buying SFL at or below $10.70 with potential lower su...
MONACO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the Company has repurchased 1,293,661 of its common shares at $38.65 per share for a total of $50 million from Eneti Inc., a related pa...
MONACO, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE: NETI) (“Eneti” or the “Company”), today reported its results for the three months ended June 30, 2022. The Company also announced that on August 3, 2022 its Board of Directors declared a quart...
With the tanker sector finally on the rise after a difficult year-and-a-half, prices for newbuilds and secondhand tonnage are now "on a tear ," a new report from tanker broker Poten & Partners said, according to Splash247.com. VLCC newbuilding prices have climbed to $119M fr...
Image source: The Motley Fool. Scorpio Tankers Inc. (NYSE: STNG) Q2 2022 Earnings Call Jul 28, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: Scorpio Tankers Inc. (STNG) Q2 2022 Earnings Call Transcript
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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 ...
MONACO, July 15, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that it recently repurchased 756,312 of its common shares in the open market at an average price of $78.07 per share under the 2023 Securities Rep...
2024-06-24 21:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...