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MONACO, June 21, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the President of the Company and Scorpio Holdings Limited, a related party, have purchased common shares of the Company in the open mar...
The rise in the cost of seaborne transportation of refined petroleum products has been a huge boon for STNG, a Monaco based operator of 124 product tankers. STNG stock has more than doubled YTD despite the broader market slipping into bear territory. STNG's bull run looks poised to co...
Spot market rates for liquefied natural gas tankers set new records for the year this week as traders bid up available vessels to meet rising global demand, Reuters reported on Monday. Spot rates for transporting 160k cm of LNG in the Atlantic Basin reached $100K/day and $85K/for Asia, or the...
MONACO, June 08, 2022 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces an update on Q2 2022 events, including the quarter to date Daily TCE Revenues. Second Quarter of 2022 Daily Time Charter Equivalent (&...
Exxon Mobil (NYSE:XOM) closed +4.6% in Tuesday's trading to easily breach $100 and reach its highest level in eight years, closing less than a dollar from its all-time closing high of $104.38 set on June 23, 2014. Exxon (XOM) enjoyed some Wall Street love from Evercore ISI, which upgraded the...
Europe has announced measures to phase out Russian oil (USO) imports in 2022; however, the impact on global supply and demand could be limited, as seaborne exports re-route to other markets. Importantly, Europe also plans to ban distillate imports (heating oil, diesel, jet fuel); a much more ...
Wall Street succumbed to lingering worries about the economy on Wednesday, with the major averages finishing solidly in negative territory. Stocks retreated early in the day but cut their losses during the afternoon. Pessimistic comments from JPMorgan's CEO contributed to the decline, with fi...
Scorpio Tankers Inc. (NYSE:STNG) traded today at a new 52-week high of $34.72. This new high was reached on approximately average trading volume as 1 million shares traded hands, while the average 30-day volume is approximately 1.4 million shares. Scorpio Tankers Inc. share prices have m...
Shares of Scorpio Tankers Inc. (NYSE:STNG) traded at a new 52-week high today of $34.06. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares. Scorpio Tankers Inc is a shipping company. It is engaged in providing the sea...
Discussing encouraging first quarter earnings report. Over the past six months, the company has more than doubled its contracted backlog with both 2022 and 2023 now reasonably well-covered. Expect Q2 and particularly Q3 numbers to show impressive profitability. Company continu...
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2024-07-24 20:14:00 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...
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 ...