Scorpio Tankers Company Profile (NASDAQ:STNG)

About Scorpio Tankers

Scorpio Tankers logoScorpio Tankers Inc. (Scorpio Tankers) is engaged in the seaborne transportation of refined petroleum products in the international shipping markets. The Company operates through four segments: Handymax, MR, Panamax/LR1 and Aframax/LR2. The Company's fleet consists of approximately 78 tankers (over 18 LR2 tankers, approximately 14 Handymax tankers and over 46 MR tankers) with a weighted average age of approximately 1.5 years, and approximately 11 time chartered-in tankers, which it operates (approximately three LR2 tankers, a LR1 tanker, over four MR tankers and approximately three Handymax tankers), which it refers to collectively as its Operating Fleet. In addition, the Company has contracts for the construction of approximately 12 newbuilding product tankers (over eight MR tankers and approximately four LR2 tankers), which it refers to as its Newbuilding Program.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Exchange: NASDAQ
  • Symbol: STNG
  • CUSIP: Y7542C10
Key Metrics:
  • Previous Close: $4.12
  • 50 Day Moving Average: $4.13
  • 200 Day Moving Average: $4.45
  • 52-Week Range: $161,868,000.00 - $3.50
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.75
  • P/E Growth: -7.65
  • Market Cap: $666.90M
  • Outstanding Shares: 161,868,000
Additional Links:
Companies Related to Scorpio Tankers:

Analyst Ratings

Consensus Ratings for Scorpio Tankers (NASDAQ:STNG) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $7.00 (69.90% upside)

Analysts' Ratings History for Scorpio Tankers (NASDAQ:STNG)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Pareto SecuritiesUpgradeHold -> BuyView Rating Details
2/22/2017Credit Suisse GroupReiterated RatingNeutralView Rating Details
2/22/2017ABN AmroUpgradeHold -> Buy$7.50View Rating Details
2/15/2017Morgan StanleyReiterated RatingUnderperform -> Equal WeightView Rating Details
2/15/2017Clarkson CapitalUpgradeNeutral -> BuyView Rating Details
2/13/2017Deutsche Bank AGUpgradeHold -> BuyView Rating Details
1/17/2017Bank of America CorpDowngradeBuy -> Underperform$5.75 -> $4.00View Rating Details
11/16/2016Jefferies Group LLCReiterated RatingBuy$6.00View Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuyView Rating Details
4/27/2016Cowen and CompanyLower Price TargetOutperform$13.00 -> $10.00View Rating Details
4/7/2016J P Morgan Chase & CoLower Price Target$11.00 -> $10.00View Rating Details
5/4/2015DNB MarketsUpgradeHold -> Buy$9.70 -> $11.00View Rating Details
3/5/2015DanskeInitiated CoverageBuy$11.50View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Scorpio Tankers (NASDAQ:STNG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
2/13/2017Q416($0.19)($0.18)$103.95 million$105.60 millionViewN/AView Earnings Details
11/14/2016Q316($0.10)($0.11)$118.30 million$114.34 millionViewN/AView Earnings Details
7/28/2016Q216$0.07$0.04$146.20 million$137.21 millionViewListenView Earnings Details
4/27/2016Q116$0.18$0.18$168.95 million$165.10 millionViewListenView Earnings Details
2/29/2016Q415$0.21$0.21$172.41 million$178.40 millionViewListenView Earnings Details
11/4/2015Q315$0.43$0.46$218.20 million$228.10 millionViewN/AView Earnings Details
7/29/2015Q215$0.27$0.32$168.14 million$188.50 millionViewListenView Earnings Details
4/27/2015Q115$0.24$0.24$152.50 million$160.70 millionViewN/AView Earnings Details
3/2/2015Q414$0.13$0.12$129.71 million$125.70 millionViewN/AView Earnings Details
10/27/2014Q314$0.02($0.01)$88.12 million$82.89 millionViewListenView Earnings Details
7/28/2014Q214($0.04)($0.06)$63.48 million$57.40 millionViewN/AView Earnings Details
4/28/2014Q114$0.03$0.01$44.92 million$76.73 millionViewN/AView Earnings Details
2/24/2014Q413($0.08)$30.10 million$53.37 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.05$0.03$27.50 million$51.53 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.06$0.08$44.90 millionViewN/AView Earnings Details
2/25/2013Q4 2012($0.05)($0.08)$22.64 million$30.10 millionViewN/AView Earnings Details
10/29/2012Q312($0.15)($0.09)$22.80 million$28.10 millionViewN/AView Earnings Details
7/31/2012($0.14)($0.10)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Scorpio Tankers (NASDAQ:STNG)
Current Year EPS Consensus Estimate: $0.10 EPS
Next Year EPS Consensus Estimate: $0.61 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.15$0.15$0.15
Q2 20162($0.04)$0.15$0.06
Q3 20162($0.20)($0.11)($0.16)
Q4 20162($0.26)($0.23)($0.25)
Q1 20172($0.10)($0.10)($0.10)
Q2 20172($0.03)$0.04$0.01
Q3 20172($0.06)$0.23$0.09
Q4 20172$0.06$0.11$0.09
Q1 20181$0.17$0.17$0.17
Q2 20181$0.17$0.17$0.17
Q3 20181$0.17$0.17$0.17
Q4 20181$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Scorpio Tankers (NASDAQ:STNG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/14/2017quarterly$0.010.89%2/21/20172/23/20173/30/2017
11/14/2016Quarterly$0.1312.38%11/22/201611/25/201612/22/2016
7/29/2016quarterly$0.1310.5%9/13/20169/15/20169/29/2016
4/27/2016quarterly$0.137.84%5/9/20165/11/20166/24/2016
3/1/2016quarterly$0.138.21%3/8/20163/10/20163/30/2016
11/5/2015quarterly$0.135.52%11/20/201511/24/201512/11/2015
7/29/2015quarterly$0.134.6%8/12/20158/14/20159/4/2015
4/27/2015$0.135/19/20155/21/20156/10/2015
3/3/2015quarterly$0.125.3%3/11/20153/13/20153/30/2015
11/11/2014quarterly$0.125.42%11/21/201411/25/201412/12/2014
7/28/2014quarterly$0.104.2%8/20/20148/22/20149/10/2014
4/28/2014quarterly$0.093.95%5/22/20145/27/20146/12/2014
2/24/2014quarterly$0.083.31%3/7/20143/11/20143/26/2014
10/28/2013quarterly$0.072.36%11/29/201312/3/201312/18/2013
7/29/2013quarterly$0.041.38%9/6/20139/10/20139/25/2013
4/16/2013special$0.036/7/20136/11/20136/25/2013
4/15/2013quarterly$0.036/11/20136/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Scorpio Tankers (NASDAQ:STNG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Scorpio Tankers (NASDAQ:STNG)
DateHeadline
News IconClarksons Platou Upgrades Scorpio Tankers to Buy - Energy Index (NASDAQ:STNG)
www.energyindexwatch.com - February 26 at 7:03 PM
News IconScorpio Tankers Inc. (STNG) Stock Rating Reaffirmed by Credit Suisse Group (NASDAQ:STNG)
latribunadecanarias.com - February 25 at 7:34 PM
News IconAnalysts Watch Scorpio Tankers Inc. (NYSE:STNG) And Issue New Targets (NASDAQ:STNG)
www.graffiotech.com - February 25 at 7:34 PM
News IconStock Check: Reviewing the Numbers for Scorpio Tankers Inc (STNG) - Davidson Register (NASDAQ:STNG)
davidsonregister.com - February 25 at 3:19 AM
News IconEarnings Guidance on Scorpio Tankers Inc.(STNG) - Energy Index (NASDAQ:STNG)
www.energyindexwatch.com - February 25 at 3:19 AM
News IconEquity Focus: Zeroing in on Shares of Scorpio Tankers Inc (STNG) - Rives Journal (NASDAQ:STNG)
rivesjournal.com - February 23 at 1:17 AM
bizjournals.com logoTechnical Reports on Shipping Stocks -- DryShips, Scorpio Tankers, DHT Holdings, and Nordic American Tankers (NASDAQ:STNG)
www.bizjournals.com - February 22 at 10:07 AM
4-traders.com logoScorpio Tankers Inc. : Post Earnings Coverage as Scorpio Tankers Exceeded Market Expectations (NASDAQ:STNG)
www.4-traders.com - February 21 at 4:53 PM
News IconThe Scorpio Tankers Inc. (STNG) Lifted to Buy at Deutsche Bank AG (NASDAQ:STNG)
www.hellenicshippingnews.com - February 21 at 4:53 PM
capitalcube.com logoScorpio Tankers, Inc. breached its 50 day moving average in a Bullish Manner : STNG-US : February 21, 2017 (NASDAQ:STNG)
www.capitalcube.com - February 21 at 4:52 PM
finance.yahoo.com logoPost Earnings Coverage as Scorpio Tankers Exceeded Market Expectations (NASDAQ:STNG)
finance.yahoo.com - February 21 at 4:52 PM
nasdaq.com logoScorpio Tankers Inc. (STNG) Ex-Dividend Date Scheduled for February 21, 2017 - Nasdaq (NASDAQ:STNG)
www.nasdaq.com - February 19 at 6:57 PM
seekingalpha.com logoScorpio Tankers (STNG) Presents At Stifel 2017 Transportation & Logistics Conference - Slideshow (NASDAQ:STNG)
seekingalpha.com - February 16 at 7:49 PM
capitalcube.com logoScorpio Tankers, Inc. :STNG-US: Earnings Analysis: Q4, 2016 By the Numbers : February 15, 2017 (NASDAQ:STNG)
us.rd.yahoo.com - February 16 at 7:49 PM
News IconWhy The Focus Shifts On Scorpio Tankers Inc. (NYSE:STNG)? (NASDAQ:STNG)
wallstreetpr.com - February 15 at 6:17 AM
News IconEarnings Reaction History: Scorpio Tankers Inc, 22.2% Follow-Through Indicator, 3.7% Sensitive (NASDAQ:STNG)
emfizz.com - February 15 at 6:17 AM
News IconShould You Expect Scorpio Tankers Inc (STNG) To Deliver A Superior ROE To Its Industry? (NASDAQ:STNG)
simplywall.st - February 15 at 6:17 AM
News IconScorpio Tankers Inc. (STNG) Raised to "Overweight" at Morgan Stanley (NASDAQ:STNG)
fairydetox.org - February 15 at 6:17 AM
News IconScorpio Tankers Inc. (STNG) Sees Large Volume Increase After Earnings Beat (NASDAQ:STNG)
eleganthomesinla.com - February 15 at 6:17 AM
capitalcube.com logoScorpio Tankers, Inc. :STNG-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NASDAQ:STNG)
us.rd.yahoo.com - February 15 at 6:17 AM
us.rd.yahoo.com logoHow Virtually Eliminating Its Dividend Earned Scorpio Tankers An Upgrade From Morgan Stanley (NASDAQ:STNG)
us.rd.yahoo.com - February 15 at 6:17 AM
us.rd.yahoo.com logo5:19 pm Scorpio Tankers announced that Scorpio Services Holding Limited, a related party affiliate, purchased an aggregate of 650,000 common shares of the Company in the open market at an average price of $4.40 per share (NASDAQ:STNG)
us.rd.yahoo.com - February 15 at 6:17 AM
finance.yahoo.com logoEdited Transcript of STNG earnings conference call or presentation 13-Feb-17 2:00pm GMT (NASDAQ:STNG)
finance.yahoo.com - February 14 at 1:26 AM
News IconStock Chalking up Significant Action in Session: Scorpio Tankers Inc. (NYSE:STNG) - Winfield Review (NASDAQ:STNG)
winfieldreview.com - February 13 at 8:23 PM
News IconStocks Roundup Colgate-Palmolive Company (NYSE:CL), Scorpio Tankers Inc. (NYSE:STNG) - Financial Breaking News (NASDAQ:STNG)
wsbreakingnews.com - February 13 at 3:20 PM
News IconIs a Pullback Coming For Scorpio Tankers Inc. (NYSE:STNG)? - Aiken Advocate (NASDAQ:STNG)
aikenadvocate.com - February 13 at 3:20 PM
nasdaq.com logoEarnings Reaction History: Scorpio Tankers Inc, 22.2% Follow-Through Indicator, 3.7% Sensitive - Nasdaq (NASDAQ:STNG)
www.nasdaq.com - February 13 at 3:20 PM
sg.finance.yahoo.com logoScorpio Tankers reports 4Q loss (NASDAQ:STNG)
sg.finance.yahoo.com - February 13 at 3:20 PM
News IconForward Earnings Estimate of Scorpio Tankers Inc.(STNG ... - Highland Mirror (NASDAQ:STNG)
www.highlandmirror.com - February 11 at 3:58 AM
fool.com logoWhy Scorpio Tankers Inc. Stock Sank 16% in January (NASDAQ:STNG)
www.fool.com - February 10 at 5:21 AM
News IconScorpio Tankers Inc. (NYSE:STNG) Institutional Ownership stands at 82.1 - The Newburgh Press (NASDAQ:STNG)
newburghpress.com - February 9 at 5:30 AM
News IconScorpio Tankers Inc. (NYSE:STNG) shows weekly volitility of 4.29% - The Newburgh Press (NASDAQ:STNG)
newburghpress.com - February 8 at 6:22 AM
News IconKohl's Corporation (NYSE:KSS)- Stocks Skyrockets on Unusual Volume: Scorpio Tankers Inc. (NYSE:STNG) - Street Wise Report (press release) (blog) (NASDAQ:STNG)
streetwisereport.com - February 6 at 8:14 AM
News IconScorpio Tankers Inc. (NYSE:STNG) 52 Week High stands at 6.7 - The Newburgh Press (NASDAQ:STNG)
newburghpress.com - February 4 at 2:50 AM
seekingalpha.com logoIndustrial Sector Dogs Yield And Gains Led By Scorpio, Navios, And Seaspan Into February (NASDAQ:STNG)
seekingalpha.com - February 4 at 2:50 AM
News IconScorpio Tankers Inc. (NYSE:STNG) Insider Trading Update - The Newburgh Press (NASDAQ:STNG)
newburghpress.com - February 3 at 6:02 AM
wallstrt24.com logoSteady Stocks Walt Disney Co (NYSE:DIS), Scorpio Tankers Inc. (NYSE:STNG) - Wall Street 24 (NASDAQ:STNG)
wallstrt24.com - January 30 at 10:27 PM
News IconTicker Tracker: Looking at Scorpio Tankers Inc. (STNG) - Rives Journal (NASDAQ:STNG)
rivesjournal.com - January 28 at 8:10 PM
nasdaq.com logoWhat Makes Scorpio Tankers (STNG) a Strong Sell? - Nasdaq (NASDAQ:STNG)
www.nasdaq.com - January 28 at 6:46 AM
finance.yahoo.com logoWhat Makes Scorpio Tankers (STNG) a Strong Sell? (NASDAQ:STNG)
finance.yahoo.com - January 28 at 6:46 AM
finance.yahoo.com logoScorpio Tankers Inc. Announces Fourth Quarter Earnings Release and Conference Call on February 13, 2017 (NASDAQ:STNG)
finance.yahoo.com - January 28 at 6:46 AM
News IconScorpio Tankers Inc. (NYSE:STNG) will report its next earnings on ... - The Newburgh Press (NASDAQ:STNG)
newburghpress.com - January 27 at 5:21 AM
News IconBofA: Scorpio Tankers Downgraded to Underperform (NASDAQ:STNG)
www.shippingherald.com - January 25 at 6:18 AM
News IconShares Hitting The Skids, Bounding Lower Mid-Day: Scorpio Tankers Inc. (NYSE:STNG) - Wall Street Beacon (NASDAQ:STNG)
wsbeacon.com - January 24 at 3:34 AM
capitalcube.com logoScorpio Tankers, Inc. : STNG-US: Dividend Analysis : November 25th, 2016 (record date) : By the numbers : January 23, 2017 (NASDAQ:STNG)
www.capitalcube.com - January 23 at 10:32 PM
News IconInvestors are Watching Technical Levels on Shares of Scorpio Tankers Inc. (STNG) - Sherwood Daily (NASDAQ:STNG)
sherwooddaily.com - January 23 at 12:47 AM
News IconScorpio Tankers Inc. (STNG) Stock Price Decreases -5.46% - RSS - Highland Mirror (NASDAQ:STNG)
www.highlandmirror.com - January 23 at 12:47 AM
News IconScorpio Tankers Inc. (STNG) Downgraded to "Underperform" at Bank of America Corporation (NASDAQ:STNG)
flapship.com - January 21 at 2:16 AM
finanznachrichten.de logoSCORPIO TANKERS INC (NASDAQ:STNG)
www.finanznachrichten.de - January 20 at 6:54 AM
News IconScorpio Tankers Inc. (STNG) Downgraded to “Underperform” at Bank of America Corporation (NASDAQ:STNG)
www.hellenicshippingnews.com - January 20 at 6:54 AM

Social

What is Scorpio Tankers' stock symbol?

Scorpio Tankers trades on the NASDAQ under the ticker symbol "STNG."

How often does Scorpio Tankers pay dividends? What is the dividend yield for Scorpio Tankers?

Scorpio Tankers declared a quarterly dividend on Tuesday, February 14th. Investors of record on Thursday, February 23rd will be paid a dividend of $0.01 per share on Thursday, March 30th. This represents a $0.04 annualized dividend and a yield of 0.97%. The ex-dividend date is Tuesday, February 21st.

Where is Scorpio Tankers' stock going? Where will Scorpio Tankers' stock price be in 2017?

10 brokerages have issued 12-month price targets for Scorpio Tankers' shares. Their forecasts range from $4.00 to $10.00. On average, they anticipate Scorpio Tankers' stock price to reach $7.00 in the next twelve months.

When will Scorpio Tankers announce their earnings?

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

What are analysts saying about Scorpio Tankers stock?

Here are some recent quotes from research analysts about Scorpio Tankers stock:

  • According to Zacks Investment Research, "Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. The Company's initial fleet consists of three modern panamax tankers. Its vessels carry petroleum products and crude oil for integrated oil companies, oil traders, and other customers. Scorpio Tankers Inc. is headquartered in Monaco, Scorpio. " (2/18/2017)

  • Deutsche Bank AG analysts commented, "one of the most bullish conference call[s] we've heard in over a year."The brokerage said, "Management communicated significant confidence in product tanker fundamentals [...] and reaffirmed its commitment and confidence in its dividend (10 percent yield)."Net/net STNG continues to be our top pick and we see shares re-rating back to our $9 price target on greater confidence in the outlook," analyst Amit Mehrotra wrote in a note.Scorpio Tankers underlying second-quarter EPS of $0.04 matched Deutsche Bank's estimate and was consistent with the "sharply lowered expectations over the past month."The company disclosed that roughly half its third quarter days came in around 15 percent lower rates versus those in the second quarter, implying a potential for an even lower EPS sequentially."This should not be a surprise and we note expectations are largely already there," Mehrotra noted.Related Link: Volatile Oil Price Takes A Toll On Exxon Mobil's Q2 ResultsFinancially, Scorpio reported $165 million in cash, $2 billion in debt and $280 million in contracted capex, as of July 27."Importantly we think the company is currently active in add'l repurchase activity, providing another source of return above-and-beyond 10 precent dividend yield," Mehrotra continued.Further, Scorpio noted a 75–95 percent confidence "that rates will inflect higher in the seasonally strong back half of this year." The analyst expects "rates to remain elevated in 2017, largely on lower supply growth which should translate to higher utilization."In addition, Mehrotra sees total product tanker capacity to increase 1.9 percent by year-end 2016 and 2.7 percent in 2017, "making the product tanker market one of the few (if not only) bright spots in shipping." (8/1/2016)

Who owns Scorpio Tankers stock?

Scorpio Tankers' stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.87%), FMR LLC (4.40%), Putnam Investments LLC (3.01%), Investec Asset Management LTD (2.45%), Comerica Bank (1.95%) and State Street Corp (1.88%).

Who sold Scorpio Tankers stock? Who is selling Scorpio Tankers stock?

Scorpio Tankers' stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Cipher Capital LP, AQR Capital Management LLC, Comerica Bank, Investec Asset Management LTD, Dimensional Fund Advisors LP, FMR LLC and Wall Street Access Asset Management LLC.

Who bought Scorpio Tankers stock? Who is buying Scorpio Tankers stock?

Scorpio Tankers' stock was acquired by a variety of institutional investors in the last quarter, including Oxford Asset Management, Russell Investments Group Ltd., Numeric Investors LLC, Allianz Asset Management AG, Zebra Capital Management LLC, Royce & Associates LP, State Street Corp and Bowling Portfolio Management LLC.

How do I buy Scorpio Tankers stock?

Shares of Scorpio Tankers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Scorpio Tankers stock cost?

One share of Scorpio Tankers stock can currently be purchased for approximately $4.12.

Scorpio Tankers (NASDAQ:STNG) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Scorpio Tankers (NASDAQ:STNG)

Earnings History Chart

Earnings by Quarter for Scorpio Tankers (NASDAQ:STNG)

Dividend History Chart

Dividend Payments by Quarter for Scorpio Tankers (NASDAQ:STNG)

Last Updated on 2/27/2017 by MarketBeat.com Staff