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2023-08-01 12:04:03 ET Scorpio Tankers ( NYSE: STNG ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, before market open. The consensus EPS Estimate is $2.49 (-20.4% Y/Y) and the consensus Revenue Estimate is $344.12M (-15.0% Y/Y). Over the last ...
2023-07-27 12:38:03 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips For contrarians seeking significant upside for the second half of this year, the best sleeper stocks may represent an avenue to explore. According to Cambridge University, a sleeper stock is a ...
2023-07-21 13:05:24 ET Scorpio Tankers ( NYSE: STNG ) -2.7% in Friday's trading as Bank of America downgraded the stock to Neutral from Buy with a $45 price target, cut from $60, which the bank said makes it Wall Street's only non-Buy analyst. The BofA team said it sees risi...
MONACO, July 17, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today repurchases of its common shares, and on August 2, 2023 the Company will issue second quarter 2023 results and have a conference call. ...
MONACO, July 12, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced the sale of the 2013 built MR product tanker, STI Ville , for $32.5 million in July 2023. As the vessel is unencumbered, the Company wil...
2023-07-05 15:43:32 ET Summary Danish tanker operator TORM plc has seen a choppy performance in 2023, with its stock down by -3% YTD, compared to a 300% return in 2022. Despite short-term headwinds, underlying conditions for the industry look promising, with longer ton-miles and l...
2023-07-03 00:47:28 ET Summary Ardmore Shipping's stock price has decreased by over 30% in the past three months due to decreased MR tanker TCE rates. However, the company's strong financial position and Russian and U.S. Gulf refined product exports should prevent its quarterly di...
2023-06-27 08:00:00 ET Summary Marine Money Week is the top shipping conference in the United States. The events were held this year in NYC from June 20-22. Our team attended the conference and we met with over 20 shipping firms and attended the key shipping sector panels. A l...
MONACO, June 27, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has received commitments from a group of financial institutions for a previously announced $1.0 billion term loan and revolving credi...
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...
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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...