Scorpio Tankers Company Profile (NASDAQ:STNG)

About Scorpio Tankers (NASDAQ:STNG)

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, LR1/Panamax and LR2. As of March 15, 2017, the Company's fleet consisted of 78 owned tankers (22 LR2, 14 Handymax and 42 MR) with a weighted average age of approximately 2.3 years, and 19 time or bareboat chartered-in tankers, which it operated (one LR2, one LR1, eight MR and nine Handymax) (collectively referred to as its Operating Fleet). As of March 1, 2017, the Company's total oil tanker fleet (crude, products and product/chemical tankers) consisted of 4,754 ships with a combined capacity of 525.9 million deadweight tonnage. As of December 31, 2016, the Company also had contracts for the construction of one LR2 tanker and eight MR tankers. Its vessels include STI Brixton, STI Comandante, STI Finchley, STI Hammersmith, STI Larvotto, STI San Antonio and STI Regina.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Symbol: NASDAQ:STNG
  • CUSIP: Y7542C10
  • Web: www.scorpiotankers.com
Capitalization:
  • Market Cap: $645.96 million
  • Outstanding Shares: 162,711,000
Average Prices:
  • 50 Day Moving Avg: $4.21
  • 200 Day Moving Avg: $4.21
  • 52 Week Range: $3.50 - $5.99
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.94
  • P/E Growth: -23.39
Sales & Book Value:
  • Annual Revenue: $480.42 million
  • Price / Sales: 1.34
  • Book Value: $8.04 per share
  • Price / Book: 0.49
Dividend:
  • Dividend Yield: 1.0%
Profitability:
  • EBIDTA: $144.97 million
Misc:
  • Average Volume: 2.64 million shs.
  • Short Ratio: 6.47
 

Frequently Asked Questions for Scorpio Tankers (NASDAQ:STNG)

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 announced a quarterly dividend on Thursday, April 27th. Investors of record on Thursday, May 11th will be given a dividend of $0.01 per share on Wednesday, June 14th. This represents a $0.04 annualized dividend and a yield of 1.01%. The ex-dividend date is Tuesday, May 9th. View Scorpio Tankers' Dividend History.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NASDAQ:STNG) announced its quarterly earnings results on Thursday, April, 27th. The company reported ($0.07) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.10) by $0.03. The company earned $122.80 million during the quarter, compared to analyst estimates of $119.80 million. The company's revenue was down 25.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 earnings per share. View Scorpio Tankers' Earnings History.

When will Scorpio Tankers make its next earnings announcement?

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for Scorpio Tankers.

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

11 analysts have issued 1-year price objectives for Scorpio Tankers' shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate Scorpio Tankers' stock price to reach $6.50 in the next twelve months. View Analyst Ratings for Scorpio Tankers.

What are analysts saying about Scorpio Tankers stock?

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

  • 1. 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)
  • 2. 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 are some of Scorpio Tankers' key competitors?

Who owns Scorpio Tankers stock?

Scorpio Tankers' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (12.30%), Dimensional Fund Advisors LP (9.10%), Boston Partners (2.95%), Investec Asset Management LTD (2.37%), Impala Asset Management LLC (1.95%) and Comerica Bank (1.94%). View Institutional Ownership Trends for Scorpio Tankers.

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 Vanguard Group Inc., FMR LLC, Cipher Capital LP, Morgan Stanley, Stifel Financial Corp, Gilman Hill Asset Management LLC, Wells Fargo & Company MN and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Scorpio Tankers.

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

Scorpio Tankers' stock was bought by a variety of institutional investors in the last quarter, including Impala Asset Management LLC, Boston Partners, Schroder Investment Management Group, Wellington Management Group LLP, Goldman Sachs Group Inc., Russell Investments Group Ltd., Dimensional Fund Advisors LP and Highbridge Capital Management LLC. View Insider Buying and Selling for Scorpio Tankers.

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 $3.97.

Analyst Ratings

Consensus Ratings for Scorpio Tankers (NASDAQ:STNG) (?)
Ratings Breakdown: 1 Hold Rating, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $6.50 (63.73% upside)

Analysts' Ratings History for Scorpio Tankers (NASDAQ:STNG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Seaport Global SecuritiesReiterated RatingBuy$7.50N/AView Rating Details
5/25/2017Stifel NicolausReiterated RatingBuy$8.00LowView Rating Details
5/24/2017Credit Suisse Group AGSet Price TargetBuy$7.00LowView Rating Details
5/25/2017Jefferies Group LLCReiterated RatingBuy$6.00HighView Rating Details
5/12/2017Bank of America CorpUpgradeUnderperform -> Buy$6.00LowView Rating Details
4/27/2017Cowen and CompanyReiterated RatingOutperform -> Outperform$10.00 -> $7.00HighView Rating Details
2/23/2017Pareto SecuritiesUpgradeHold -> BuyN/AView Rating Details
2/22/2017ABN AmroUpgradeHold -> Buy$7.50N/AView Rating Details
2/15/2017Morgan StanleyReiterated RatingUnderperform -> Equal WeightN/AView Rating Details
2/15/2017Clarkson CapitalUpgradeNeutral -> BuyN/AView Rating Details
2/13/2017Deutsche Bank AGUpgradeHold -> BuyN/AView Rating Details
4/7/2016JPMorgan Chase & Co.Lower Price Target$11.00 -> $10.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Scorpio Tankers (NASDAQ:STNG)
Earnings by Quarter for Scorpio Tankers (NASDAQ:STNG)
Earnings History by Quarter for Scorpio Tankers (NASDAQ:STNG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1($0.10)($0.07)$119.80 million$122.80 millionViewN/AView Earnings Details
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)
2017 EPS Consensus Estimate: $0.09
2018 EPS Consensus Estimate: $0.68
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.10)($0.09)($0.10)
Q2 20172($0.06)($0.03)($0.05)
Q3 20172($0.06)$0.13$0.04
Q4 20172$0.11$0.27$0.19
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 by Quarter for Scorpio Tankers (NASDAQ:STNG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.010.88%5/9/20175/11/20176/14/2017
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

Headline Trends for Scorpio Tankers (NASDAQ:STNG)
Latest Headlines for Scorpio Tankers (NASDAQ:STNG)
Source:
DateHeadline
americanbankingnews.com logoSeaport Global Securities Reiterates Buy Rating for Scorpio Tankers Inc. (STNG)
www.americanbankingnews.com - May 26 at 12:58 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Rating Reiterated by Stifel Nicolaus
www.americanbankingnews.com - May 26 at 12:58 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Given a $7.00 Price Target by Credit Suisse Group AG Analysts
www.americanbankingnews.com - May 25 at 4:57 PM
finance.yahoo.com logoScorpio Tankers Inc. Announces Pricing of Public Offering of 50 Million Common Shares
finance.yahoo.com - May 25 at 3:29 AM
nasdaq.com logoPre-Market Most Active for May 24, 2017 : NOW, FGL, GLYC, FCAU, INO, LOW, STNG, BAC, NVDA, TTD, QQQ, ALNY - Nasdaq
www.nasdaq.com - May 24 at 9:05 AM
streetinsider.com logoScorpio Tankers (STNG) Reports $42.2M Merger Agreement with Navig8 Product Tankers Inc.; Announces $200M Common Offering
www.streetinsider.com - May 23 at 7:28 PM
globenewswire.com logoScorpio Tankers Inc. Announces Merger Agreement with Navig8 Product Tankers Inc. and the Launch of a Concurrent ... - GlobeNewswire (press release)
globenewswire.com - May 23 at 7:27 PM
americanbankingnews.com logo$131.11 Million in Sales Expected for Scorpio Tankers Inc. (STNG) This Quarter
www.americanbankingnews.com - May 21 at 8:32 PM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Expected to Announce Earnings of -$0.04 Per Share
www.americanbankingnews.com - May 16 at 10:48 AM
finance.yahoo.com logoETFs with exposure to Scorpio Tankers, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 7:17 PM
finance.yahoo.com logoScorpio Tankers, Inc. breached its 50 day moving average in a Bearish Manner : STNG-US : May 12, 2017
finance.yahoo.com - May 13 at 1:24 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Upgraded at Bank of America Corp
www.americanbankingnews.com - May 13 at 12:32 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 8 at 4:54 PM
feeds.benzinga.com logoScorpio Tankers Inc. Announces an Agreement to Sell Two MR Product Tankers
feeds.benzinga.com - May 8 at 7:07 AM
finance.yahoo.com logoETFs with exposure to Scorpio Tankers, Inc. : May 4, 2017
finance.yahoo.com - May 4 at 9:21 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Very Likely to Affect Scorpio Tankers (STNG) Share Price
www.americanbankingnews.com - May 3 at 9:18 PM
finance.yahoo.com logoScorpio Tankers, Inc. :STNG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 6:15 PM
finance.yahoo.com logoScorpio Tankers, Inc. – Value Analysis (NYSE:STNG) : May 1, 2017
finance.yahoo.com - May 1 at 7:14 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Scorpio Tankers Inc. Lifted by Jefferies Group (STNG)
www.americanbankingnews.com - May 1 at 7:35 AM
americanbankingnews.com logoScorpio Tankers (STNG) Receives Daily Coverage Optimism Rating of 0.22
www.americanbankingnews.com - April 30 at 1:09 PM
finance.yahoo.com logoScorpio Tankers, Inc. breached its 50 day moving average in a Bullish Manner : STNG-US : April 28, 2017
finance.yahoo.com - April 28 at 3:48 PM
finance.yahoo.com logoEdited Transcript of STNG earnings conference call or presentation 27-Apr-17 2:00pm GMT
finance.yahoo.com - April 28 at 3:48 PM
americanbankingnews.com logoFY2017 EPS Estimates for Scorpio Tankers Inc. (STNG) Boosted by Analyst
www.americanbankingnews.com - April 28 at 3:46 PM
americanbankingnews.com logoScorpio Tankers Inc. Declares Quarterly Dividend of $0.01 (STNG)
www.americanbankingnews.com - April 27 at 9:14 PM
seekingalpha.com logoScorpio Tankers' (STNG) CEO Emanuele Lauro on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 27 at 8:27 PM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 27 at 7:04 PM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Price Target Cut to $7.00
www.americanbankingnews.com - April 27 at 4:54 PM
americanbankingnews.com logo$133.83 Million in Sales Expected for Scorpio Tankers Inc. (STNG) This Quarter
www.americanbankingnews.com - April 27 at 12:26 PM
americanbankingnews.com logoScorpio Tankers (STNG) Receiving Very Positive Media Coverage, Study Shows
www.americanbankingnews.com - April 27 at 9:00 AM
nasdaq.com logoScorpio Tankers Inc. Announces Financial Results for the First ... - Nasdaq
www.nasdaq.com - April 27 at 6:43 AM
finance.yahoo.com logoScorpio Tankers Inc. Announces Financial Results for the First Quarter of 2017 and Declaration of a Quarterly Dividend - Yahoo Finance
finance.yahoo.com - April 26 at 9:31 PM
finance.yahoo.com logoScorpio Tankers Inc. Announces Financial Results for the First Quarter of 2017 and Declaration of a Quarterly Dividend
finance.yahoo.com - April 26 at 4:28 PM
americanbankingnews.com logoQ1 2017 EPS Estimates for Scorpio Tankers Inc. (STNG) Lifted by Jefferies Group
www.americanbankingnews.com - April 26 at 8:21 AM
americanbankingnews.com logoZacks: Analysts Expect Scorpio Tankers Inc. (STNG) to Announce -$0.08 Earnings Per Share
www.americanbankingnews.com - April 25 at 11:59 AM
americanbankingnews.com logoSomewhat Critical Press Coverage Extremely Likely to Impact Scorpio Tankers (STNG) Share Price
www.americanbankingnews.com - April 24 at 11:17 AM
americanbankingnews.com logoSomewhat Negative Media Coverage Likely to Affect Scorpio Tankers (STNG) Stock Price
www.americanbankingnews.com - April 20 at 1:29 PM
finance.yahoo.com logoScorpio Tankers Inc. Announces April 27, 2017 Conference Call Details - Yahoo Finance
finance.yahoo.com - April 19 at 9:02 AM
finance.yahoo.com logoScorpio Tankers Inc. Announces April 27, 2017 Conference Call Details
finance.yahoo.com - April 18 at 7:14 PM
finance.yahoo.com logoScorpio Tankers Inc. Announces First Quarter Earnings Release and Conference Call on April 27, 2017
finance.yahoo.com - April 17 at 6:56 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Very Unlikely to Impact Scorpio Tankers (STNG) Stock Price
www.americanbankingnews.com - April 17 at 6:35 PM
finance.yahoo.com logoScorpio Tankers, Inc. breached its 50 day moving average in a Bearish Manner : STNG-US : April 14, 2017
finance.yahoo.com - April 14 at 12:22 PM
finance.yahoo.com logoAre Options Traders Betting on a Big Move in Scorpio Tankers (STNG) Stock? - Yahoo Finance
finance.yahoo.com - April 13 at 7:53 PM
nasdaq.com logoAre Options Traders Betting on a Big Move in Scorpio Tankers (STNG) Stock? - Nasdaq
www.nasdaq.com - April 13 at 1:22 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 11 at 4:35 PM
finance.yahoo.com logoAre Options Traders Betting on a Big Move in Scorpio Tankers (STNG) Stock?
finance.yahoo.com - April 11 at 9:26 AM
us.rd.yahoo.com logoScorpio Tankers Inc. Announces Public Offering of Senior Unsecured Notes Due 2019 and Commencement of Cash Tender Offer for Outstanding 7.50% Senior Unsecured Notes due 2017
us.rd.yahoo.com - March 28 at 7:54 PM
finance.yahoo.com logoScorpio Tankers Inc. Announces Pricing of $50 Million Senior Unsecured Notes Due 2019
finance.yahoo.com - March 28 at 7:54 PM
finance.yahoo.com logoSCORPIO TANKERS INC. Financials
finance.yahoo.com - March 24 at 1:44 AM
finance.yahoo.com logoScorpio Tankers Inc. Announces Availability of 2016 Annual Report on Form 20-F
finance.yahoo.com - March 16 at 8:49 PM
finance.yahoo.com logo5:43 pm Scorpio Tankers related party affiliate Scorpio Services Holding purchased 200K common shares in the open market at an average price of $3.81 per share
finance.yahoo.com - March 6 at 7:17 PM

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Scorpio Tankers (STNG) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff