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: Energy
  • Industry: Sea-Borne Tankers
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Symbol: NASDAQ:STNG
  • CUSIP: Y7542C10
  • Web: www.scorpiotankers.com
Capitalization:
  • Market Cap: $606.91 million
  • Outstanding Shares: 162,711,000
Average Prices:
  • 50 Day Moving Avg: $3.81
  • 200 Day Moving Avg: $4.08
  • 52 Week Range: $3.42 - $5.53
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.94
  • P/E Growth: 0.75
Sales & Book Value:
  • Annual Revenue: $480.42 million
  • Price / Sales: 1.26
  • Book Value: $8.04 per share
  • Price / Book: 0.46
Dividend:
  • Dividend Yield: 1.1%
Profitability:
  • EBIDTA: $144.97 million
  • Net Margins: -9.39%
  • Return on Equity: -3.53%
  • Return on Assets: -1.41%
Misc:
  • Average Volume: 3.07 million shs.
  • Short Ratio: 5.01
 
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 declared a quarterly dividend on Thursday, April 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.07%. 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) released its earnings results on Thursday, April, 27th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.03. The company had revenue of $122.80 million for the quarter, compared to analysts' expectations of $119.80 million. Scorpio Tankers had a negative net margin of 9.39% and a negative return on equity of 3.53%. The company's revenue for the quarter was down 25.6% on a year-over-year basis. During the same period in the previous year, the firm earned $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 12-month price objectives for Scorpio Tankers' shares. Their predictions range from $4.00 to $8.00. On average, they expect Scorpio Tankers' share price to reach $6.44 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 are Scorpio Tankers' key executives?

Scorpio Tankers' management team includes the folowing people:

  • Emanuele A. Lauro, Chairman of the Board, Chief Executive Officer
  • Robert L. Bugbee, President, Director
  • Brian Lee, Chief Financial Officer
  • Cameron K. Mackey, Chief Operating Officer, Director
  • Sergio Gianfranchi, Vice President - Vessel Operations
  • Luca Forgione, General Counsel
  • Anoushka Rafia Kachelo, Secretary
  • Alexandre Albertini, Independent Director
  • Ademaro Lanzara, Independent Director
  • Marianne Okland, Independent Director

Who owns Scorpio Tankers stock?

Scorpio Tankers' stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.95%), Malaga Cove Capital LLC (0.10%) and Nisa Investment Advisors LLC (0.02%). View Institutional Ownership Trends 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 Peregrine Capital Management LLC and Malaga Cove Capital 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.

What is Scorpio Tankers' stock price today?

One share of Scorpio Tankers stock can currently be purchased for approximately $3.73.


MarketBeat Community Rating for Scorpio Tankers (NASDAQ STNG)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  379
MarketBeat's community ratings are surveys of what our community members think about Scorpio Tankers and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Scorpio Tankers (NASDAQ:STNG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $6.44 (72.77% upside)

Analysts' Ratings History for Scorpio Tankers (NASDAQ:STNG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017Jefferies Group LLCReiterated RatingBuy$6.00 -> $5.50N/AView Rating Details
5/25/2017Seaport Global SecuritiesReiterated RatingBuy$7.50HighView Rating Details
5/25/2017Stifel NicolausReiterated RatingBuy$8.00HighView Rating Details
5/24/2017Credit Suisse Group AGSet Price TargetBuy$7.00LowView Rating Details
5/12/2017Bank of America CorporationUpgradeUnderperform -> 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
4/7/2016J P Morgan Chase & CoLower Price Target$11.00 -> $10.00N/AView Rating Details
(Data available from 7/22/2015 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: $0.03
2018 EPS Consensus Estimate: $0.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.10)($0.09)($0.10)
Q2 20172($0.05)($0.03)($0.04)
Q3 20172($0.05)$0.13$0.04
Q4 20172($0.01)$0.25$0.12
Q1 20181$0.14$0.14$0.14
Q2 20181$0.14$0.14$0.14
Q3 20181$0.14$0.14$0.14
Q4 20181$0.15$0.15$0.15
(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 logoScorpio Tankers Inc. (STNG) Earns "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - July 22 at 8:52 PM
americanbankingnews.com logoAnalyzing Scorpio Tankers (NASDAQ:STNG) and International Seaways (INSW)
www.americanbankingnews.com - July 19 at 6:28 PM
americanbankingnews.com logoComparing Gener8 Maritime (GNRT) & Scorpio Tankers (STNG)
www.americanbankingnews.com - July 17 at 12:18 AM
americanbankingnews.com logoReviewing Gener8 Maritime (GNRT) & Scorpio Tankers (STNG)
www.americanbankingnews.com - July 15 at 12:28 AM
americanbankingnews.com logo Brokerages Expect Scorpio Tankers Inc. (NASDAQ:STNG) Will Post Quarterly Sales of $139.16 Million
www.americanbankingnews.com - July 8 at 9:32 AM
americanbankingnews.com logo Analysts Expect Scorpio Tankers Inc. (NASDAQ:STNG) Will Announce Earnings of -$0.03 Per Share
www.americanbankingnews.com - July 6 at 2:32 PM
finance.yahoo.com logoScorpio Tankers, Inc. breached its 50 day moving average in a Bearish Manner : STNG-US : July 6, 2017
finance.yahoo.com - July 6 at 11:05 AM
americanbankingnews.com logoContrasting Scorpio Tankers (STNG) & Nordic American Tankers Limited (NAT)
www.americanbankingnews.com - June 29 at 7:50 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 28 at 12:05 AM
finance.yahoo.com logoScorpio Tankers, Inc. – Value Analysis (NYSE:STNG) : June 27, 2017
finance.yahoo.com - June 27 at 8:08 PM
finance.yahoo.com logoScorpio Tankers, Inc. breached its 50 day moving average in a Bullish Manner : STNG-US : June 26, 2017
finance.yahoo.com - June 27 at 8:43 AM
americanbankingnews.com logoInternational Seaways (INSW) versus Scorpio Tankers (STNG) Head to Head Comparison
www.americanbankingnews.com - June 24 at 12:14 PM
americanbankingnews.com logoReviewing Scorpio Tankers (STNG) & Nordic American Tankers Limited (NAT)
www.americanbankingnews.com - June 18 at 7:24 AM
globenewswire.com logoScorpio Tankers Announces Acquisition of Four LR1 Product Tankers from Navig8 Product Tankers Inc. - GlobeNewswire (press release)
globenewswire.com - June 15 at 9:29 PM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Expected to Post Quarterly Sales of $139.16 Million
www.americanbankingnews.com - June 14 at 11:36 AM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Expected to Announce Earnings of -$0.03 Per Share
www.americanbankingnews.com - June 12 at 2:32 PM
americanbankingnews.com logoScorpio Tankers (STNG) and Hoegh LNG Partners (HMLP) Financial Contrast
www.americanbankingnews.com - June 12 at 10:50 AM
americanbankingnews.com logoHead to Head Survey: Scorpio Tankers (STNG) & Seaspan (SSW)
www.americanbankingnews.com - June 7 at 6:18 PM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - June 2 at 2:36 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Scorpio Tankers Inc. Boosted by Analyst (STNG)
www.americanbankingnews.com - May 29 at 7:04 AM
americanbankingnews.com logoSeaport Global Securities Equities Analysts Boost Earnings Estimates for Scorpio Tankers Inc. (STNG)
www.americanbankingnews.com - May 29 at 7:02 AM
americanbankingnews.com logoScorpio Tankers' (STNG) Buy Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - May 27 at 6:22 PM
americanbankingnews.com logoScorpio Tankers Inc. (STNG) Forecasted to Earn Q1 2018 Earnings of $0.14 Per Share
www.americanbankingnews.com - May 26 at 10:11 AM
americanbankingnews.com logoFY2017 EPS Estimates for Scorpio Tankers Inc. Lifted by Analyst (STNG)
www.americanbankingnews.com - May 26 at 9:54 AM
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
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

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Scorpio Tankers (STNG) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff