About Scorpio Tankers (NASDAQ:STNG)
Scorpio 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
- Market Cap: $671.1 million
- Outstanding Shares: 181,378,000
- 50 Day Moving Avg: $3.56
- 200 Day Moving Avg: $3.81
- 52 Week Range: $3.20 - $4.93
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.25
- P/E Growth: -0.22
- Annual Revenue: $461.62 million
- Price / Sales: 1.45
- Book Value: $7.90 per share
- Price / Book: 0.47
- EBITDA: $122.73 million
- Net Margins: -57.63%
- Return on Equity: -19.98%
- Return on Assets: -7.98%
- Average Volume: 3.41 million shs.
- Short Ratio: 6.97
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, September 14th. Shareholders of record on Monday, September 25th will be paid a dividend of $0.01 per share on Friday, September 29th. This represents a $0.04 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Friday, September 22nd. View Scorpio Tankers' Dividend History.
How were Scorpio Tankers' earnings last quarter?
Scorpio Tankers Inc. (NASDAQ:STNG) announced its earnings results on Monday, September, 18th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.04. The firm earned $118.40 million during the quarter, compared to analyst estimates of $130.03 million. Scorpio Tankers had a negative net margin of 57.63% and a negative return on equity of 19.98%. The company's revenue for the quarter was down 13.7% on a year-over-year basis. View Scorpio Tankers' Earnings History.
When will Scorpio Tankers make its next earnings announcement?
Where is Scorpio Tankers' stock going? Where will Scorpio Tankers' stock price be in 2017?
11 brokers have issued 12-month target prices for Scorpio Tankers' stock. Their forecasts range from $4.00 to $7.50. On average, they anticipate Scorpio Tankers' stock price to reach $6.33 in the next twelve months. View Analyst Ratings for Scorpio Tankers.
Who are some of Scorpio Tankers' key competitors?
Some companies that are related to Scorpio Tankers include Hess Midstream Partners LP (HESM), Crestwood Midstream Partners LP (CMLP), Cairn Energy PLC (CNE), Exterran Corp (EXTN), Advantage Oil & Gas Ltd (AAV), Stobart Group Ltd (STOB), VTTI Energy Partners LP (VTTI), Archrock (AROC), Hunting plc (HTG), Nostrum Oil & Gas PLC (NOG), Hoegh LNG Partners LP (HMLP), Select Energy Services (WTTR), Ophir Energy Plc (OPHR), Ferrellgas Partners, L.P. (FGP), Renewable Energy Group (REGI), Gener8 Maritime (GNRT), Sound Energy PLC (SOU) and SOCO International plc (SIA).
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
- Filippo Lauro, Vice President
- Luca Forgione, General Counsel
- Anoushka Rafia Kachelo, Secretary
- Alexandre Albertini, Independent Director
- Reidar C. Brekke, Independent Director
- Ademaro Lanzara, Independent Director
Who owns Scorpio Tankers stock?
Who sold Scorpio Tankers stock? Who is selling Scorpio Tankers stock?
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?
MarketBeat Community Rating for Scorpio Tankers (NASDAQ STNG)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.
One share of Scorpio Tankers stock can currently be purchased for approximately $3.70.
Consensus Ratings for Scorpio Tankers (NASDAQ:STNG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 10 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.91)|
|Consensus Price Target: ||$6.33 (71.17% upside)|Consensus Price Target History for Scorpio Tankers (NASDAQ:STNG)
Analysts' Ratings History for Scorpio Tankers (NASDAQ:STNG)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/20/2017||Stifel Nicolaus||Reiterated Rating||Buy||$8.00 -> $7.00||Medium|
|9/19/2017||Credit Suisse Group||Reiterated Rating||Buy||$7.00||High|
|7/22/2017||Jefferies Group LLC||Reiterated Rating||Buy||$6.00 -> $5.50||Low|
|5/25/2017||Seaport Global Securities||Reiterated Rating||Buy||$7.50||High|
|5/12/2017||Bank of America Corporation||Upgrade||Underperform -> Buy||$6.00||Low|
|4/27/2017||Cowen and Company||Reiterated Rating||Outperform -> Outperform||$10.00 -> $7.00||High|
|2/23/2017||Pareto Securities||Upgrade||Hold -> Buy||N/A|
|2/22/2017||ABN Amro||Upgrade||Hold -> Buy||$7.50||N/A|
|2/15/2017||Morgan Stanley||Reiterated Rating||Underperform -> Equal Weight||N/A|
|2/15/2017||Clarkson Capital||Upgrade||Neutral -> Buy||N/A|
|2/13/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||N/A|
|4/7/2016||J P Morgan Chase & Co||Lower Price Target||$11.00 -> $10.00||N/A|
Earnings History for Scorpio Tankers (NASDAQ:STNG)Earnings History by Quarter for Scorpio Tankers (NASDAQ STNG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/18/2017||6/30/2017||($0.05)||($0.09)||$130.03 million||$118.40 million||View||N/A|
|4/27/2017||Q1||($0.10)||($0.07)||$119.80 million||$122.80 million||View||N/A|
|2/13/2017||Q416||($0.19)||($0.18)||$103.95 million||$105.60 million||View||N/A|
|11/14/2016||Q316||($0.10)||($0.11)||$118.30 million||$114.34 million||View||N/A|
|7/28/2016||Q216||$0.07||$0.04||$146.20 million||$137.21 million||View||Listen|
|4/27/2016||Q116||$0.18||$0.18||$168.95 million||$165.10 million||View||Listen|
|2/29/2016||Q415||$0.21||$0.21||$172.41 million||$178.40 million||View||Listen|
|11/4/2015||Q315||$0.43||$0.46||$218.20 million||$228.10 million||View||N/A|
|7/29/2015||Q215||$0.27||$0.32||$168.14 million||$188.50 million||View||Listen|
|4/27/2015||Q115||$0.24||$0.24||$152.50 million||$160.70 million||View||N/A|
|3/2/2015||Q414||$0.13||$0.12||$129.71 million||$125.70 million||View||N/A|
|10/27/2014||Q314||$0.02||($0.01)||$88.12 million||$82.89 million||View||Listen|
|7/28/2014||Q214||($0.04)||($0.06)||$63.48 million||$57.40 million||View||N/A|
|4/28/2014||Q114||$0.03||$0.01||$44.92 million||$76.73 million||View||N/A|
|2/24/2014||Q413||($0.08)||$30.10 million||$53.37 million||View||N/A|
|7/29/2013||Q2 2013||$0.05||$0.03||$27.50 million||$51.53 million||View||N/A|
|4/29/2013||Q1 2013||$0.06||$0.08||$44.90 million||View||N/A|
|2/25/2013||Q4 2012||($0.05)||($0.08)||$22.64 million||$30.10 million||View||N/A|
|10/29/2012||Q312||($0.15)||($0.09)||$22.80 million||$28.10 million||View||N/A|
Earnings Estimates for Scorpio Tankers (NASDAQ:STNG)
2017 EPS Consensus Estimate: ($0.24)
2018 EPS Consensus Estimate: $0.57
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Scorpio Tankers (NASDAQ STNG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Scorpio Tankers (NASDAQ:STNG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Scorpio Tankers (NASDAQ:STNG)
Latest Headlines for Scorpio Tankers (NASDAQ:STNG)
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Scorpio Tankers (STNG) Chart for Monday, October, 23, 2017