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2023-09-08 08:00:17 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of the many ways that the global economy and investing changed during the pandemic was a greater appreciation for the supply chain. People who never considered how a retailer got their good...
2023-09-06 19:46:11 ET Summary Scorpio Tankers is the largest listed product tanker firm. The company has had a colourful history, but more recently has turned the ship around. Management is aligned with shareholders and buying back stock as fast as they can. Strong Buy. ...
2023-08-28 05:04:30 ET Summary Frontline plc reported its second quarter 2023 results, with a net income of $230.67 million and total operating revenues of $512.763 million. The company declared a quarterly dividend of $0.80 per share, an increase of 14% from the previous quarter....
2023-08-24 09:54:47 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips If manufacturing is the backbone of the economy, then transportation companies are the arteries and veins that allow goods services, and people to flow through the economy. Concerns about ris...
2023-08-15 16:29:15 ET Scorpio Tankers Inc ( NYSE: STNG ) on Tuesday announced that it has recently repurchased 980,110 of its common shares in the open market at an average price of $49.66 per share. There are currently 53.5 million shares outstanding, and there is $164.5 mil...
MONACO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today repurchases of its common shares. Scorpio Tankers has recently repurchased 980,110 of its common shares in the open market at an avera...
2023-08-12 21:46:08 ET Summary Scorpio Tankers is one of the largest product tanker operators, with a modern fleet and a focus on sustainability. Q2-2023 results showed a strong FCF generation supported by high TC day rates. The company has implemented a share repurchase progr...
NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- With the occasion of the recently announced financial and operational results of Q2 2023, Mr. Robert Bugbee, President of Scorpio Tankers (NYSE: STNG) participated in Capital Link’s Trending News Podcast Series, hosted by Mr. Nicolas Bornozis, Pr...
2023-08-07 21:15:57 ET Summary Ardmore is a buy due to elevated market rates, positive and clear capital allocation, and the status of their fleet. Ardmore's capital allocation policy includes deleveraging, dividends, and investments in performance upgrades and environmental techn...
2023-08-03 14:10:32 ET Summary The oil shipping market is currently experiencing low oil inventories, leading to increased spot rates and profitability for companies like Scorpio Tankers Inc. A strong and new fleet provides substantial asset-based value to the company. Scorpio...
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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...