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Euronav (NYSE:EURN) +2.2% on Wednesday even after Jefferies downgraded shares to Hold from Buy with a $12 price target, cut from $13, as tanker and shipping stocks are rallying on reports that Russia will halt gas flows to Poland and Bulgaria, as tankers will be needed to ship incremental gas...
Scorpio Tankers (NYSE:STNG) is scheduled to announce Q1 earnings results on Thursday, April 28th, before market open. The consensus EPS Estimate is -$0.67 (+36.2% Y/Y) and the consensus Revenue Estimate is $159.02M (+18.5% Y/Y). Over the last 2 years, STNG has beaten EPS estimates 63% of the ...
MONACO, April 20, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, April 28, 2022, the Company plans to issue its first quarter 2022 earnings press release in the morning (Eastern Daylight Time) and h...
The product tanker sector has been very weak for the last year and a half, but green shoots have started to emerge. The orderbook sits at historically low levels, and scrapping has picked up nicely over the past few months. Significant gains in ton-mile demand are forecasted for both ...
MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into a Memorandum of Understanding (“the Agreement”) with Carbon Ridge LLC (“Carbon Ridge...
Scorpio Tankers is a shipping company involved in transporting refined petroleum products. The company owns multiple vessels managed through its four segments and has made multiple sales this year. The company reported losses in a year that showed how volatile the shipping industr...
Scorpio Tankers (NYSE:STNG) has entered into agreements to sell three vessels which includes two LR2s and one MR. The sale price of the two LR2s is $86M and sale price of the MR is $26.5M. Scorpio Services, owns a non-controlling 7.50% interest in the buyer of the MR. The compa...
MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR). The sale price of the two LR2s (2015 built ...
MONACO, March 23, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the Securities and Exchange Commission and can be accessed on the Co...
With the Russian central bank sanctioned, I think it will be very difficult to conduct ruble FX intervention in size in order to defend the RUB currency. In 2014, there were a mix of Russian sanctions, ECB/Fed rate policy divergence, ramping of US shale production, and a strong dollar...
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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...