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Scorpio Tankers (NYSE:STNG): Q3 Non-GAAP EPS of -$1.39 misses by $0.11; GAAP EPS of -$1.34 misses by $0.08. Revenue of $119.27M (-32.7% Y/Y) misses by $2.37M. Press Release As of November 10, 2021, the Company had $228.9M in unrestricted cash and cash equivalents. For further details see: ...
MONACO, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2021. The Company also announced that its Board of Directors has declared a quarterly cash dividend o...
Scorpio Tankers (NYSE:STNG) is scheduled to announce Q3 earnings results on Thursday, November 11th, before market open. The consensus EPS Estimate is -$1.28 (compared to -$0.37 in year ago quarter) and the consensus Revenue Estimate is $121.64M (-31.4% Y/Y). Over the last 2 years, STNG has b...
MONACO, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, November 11, 2021, the Company plans to issue its third quarter 2021 earnings press release in the morning (Eastern Standard Time) and...
October 4th saw a massive selloff in the shipping industry. This seems to have primarily been in line with broader market trends and short term fluctuations in container rates. Given the season nature of the rate selloff and insulation of many companies from these fluctuations, th...
Rates for refined product transportation were extremely weak at the beginning of the quarter and any marked improvement on particular routes has been obscured by seemingly lackluster market conditions. 3Q21 financial performance will likely reflect additional declines in EBITDA ...
The Federal Reserve bond buying/QE taper will have a more significant downward effect on US inflation than US growth due to global and emerging market spill-back effects. The US economy is on very firm footing and growth/employment has made substantial progress surpassing expectations...
Gainers: SilverBow Resources (NYSE:SBOW) +14%, Calumet Specialty Products Partners (NASDAQ:CLMT) +7%. Losers: Overseas Shipholding Group OSG -21%, Ferroglobe (NASDAQ:GSM) -10%, Montauk Renewables (NASDAQ:MNTK) -9%, Yield10 Bioscience (NASDAQ:YTEN) -9%, ...
I believe higher risk asset valuations such as equities and commodities are being subsidized by low US bond yields. I also believe this is unsustainable. In scenario one, where risk assets continue to rise - bond yields will eventually be pulled up as well thereby reducing the low rat...
Michael Burry has been in a lot of headlines lately for shorting Tesla and Ark ETFs. But more important than what he is shorting is what he's buying. Today, more than half of his portfolio is invested in real assets, and in this article, we explore why that may be. For furth...
News, Short Squeeze, Breakout and More Instantly...
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...