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2023-06-22 06:37:14 ET Scorpio Tankers ( NYSE: STNG ) has received a commitment from DekaBank Deutsche Girozentrale for a credit facility of up to $94M to finance one MR product tanker and three LR2 product tankers. The credit facility has a final maturity of five years from t...
MONACO, June 22, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has received a commitment from DekaBank Deutsche Girozentrale for a credit facility of up to $94 million. The credit facility will be...
2023-06-08 09:13:27 ET Summary Healthcare Realty is the largest pure play Medical Office Buildings (MOB) REIT in the United States. The REIT has a forward dividend yield of 6.6% and is well-covered by a 75% payout ratio. With the stock down more than 30% over the last year, we...
2023-06-06 06:52:12 ET Summary Scorpio Tankers is a good investment option for someone looking for exposure to the product tanker market. Company is trading at 2/3rds of current NAV, implying 50% upside from here. With a young fleet, reasonable market conditions, and managemen...
2023-06-02 04:41:05 ET Summary Frontline reported a net income of $199.63 million, or $0.90 per diluted share, for the first quarter of 2023. Another solid quarter. Frontline's Q2'23 outlook looks very positive. Frontline declared a cash dividend of $0.70 per share in 1Q23. ...
2023-06-01 06:55:52 ET Scorpio Tankers ( NYSE: STNG ) reloads 2023 securities repurchase program to purchase up to an aggregate of $250M of the Company’s common stock and also includes senior unsecured notes due 2025 ( NYSE: SBBA ). Securities repurchase program...
MONACO, June 01, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (the “Company”) announced today that it has recently purchased 851,978 of its common shares in the open market at an average price of $46.74 per share as part of the Company’s securities repu...
2023-05-29 21:48:09 ET Summary International Seaways is a medium-sized tanker company with a diverse fleet of 76 tankers. The company has strong earnings, with a P/E ratio of around 3, and a solid balance sheet. INSW is a cheap investment option for exposure to the tanker mark...
2023-05-11 07:36:28 ET Scorpio Tankers ( NYSE: STNG ) has exercised the purchase options on five ships and that it has repurchased its common shares in the open market. The purchases, which are expected to occur in July 2023, will result in a debt reduction of $119.4...
MONACO, May 11, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that it has exercised the purchase options on five ships and that it has repurchased its common shares in the open market. The Exerci...
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2024-07-23 15:15:03 ET Evercore ISI analyst issues UNDERPERFORM recommendation for STNG on July 23, 2024 01:02PM ET. The previous analyst recommendation was Underperform. STNG was trading at $76.995 at issue of the analyst recommendation. The overall analyst consensus : ...
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...