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: $564.61 million
- Outstanding Shares: 162,711,000
- 50 Day Moving Avg: $3.58
- 200 Day Moving Avg: $3.91
- 52 Week Range: $3.20 - $5.01
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.26
- P/E Growth: -0.38
- Annual Revenue: $480.42 million
- Price / Sales: 1.18
- Book Value: $8.04 per share
- Price / Book: 0.43
- EBIDTA: $144.97 million
- Net Margins: -9.39%
- Return on Equity: -3.53%
- Return on Assets: -1.41%
- Average Volume: 2.86 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 announced a quarterly dividend on Thursday, September 14th. Shareholders of record on Monday, September 25th will be given a dividend of $0.01 per share on Friday, September 29th. This represents a $0.04 dividend on an annualized basis and a yield of 1.15%. 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) released its quarterly earnings data on Monday, September, 18th. The company reported ($0.09) EPS for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.04. The business earned $118.40 million during the quarter, compared to analysts' expectations of $130.03 million. Scorpio Tankers had a negative return on equity of 3.53% and a negative net margin of 9.39%. The business'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 predictions range from $4.00 to $7.50. On average, they anticipate Scorpio Tankers' stock price to reach $6.33 in the next year. View Analyst Ratings for Scorpio Tankers.
Who are some of Scorpio Tankers' key competitors?
Some companies that are related to Scorpio Tankers include Cairn Energy PLC (CNE), Stobart Group Ltd (STOB), Hunting plc (HTG), Nostrum Oil & Gas PLC (NOG), Hoegh LNG Partners LP (HMLP), Ophir Energy Plc (OPHR), Select Energy Services (WTTR), Genel Energy PLC (GENL), Gener8 Maritime (GNRT), SOCO International plc (SIA), Faroe Petroleum plc (FPM), Lamprell Plc (LAM), Hurricane Energy PLC (HUR), Seadrill Partners LLC (SDLP), Premier Oil PLC (PMO), Sound Energy PLC (SOU), Enquest Plc (ENQ) and Gulf Keystone Petroleum Limited (GKP).
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 many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (9.83%), FMR LLC (4.60%), Boston Partners (2.62%), Investec Asset Management LTD (2.51%), State Street Corp (1.89%) and Tricadia Capital Management LLC (1.82%). 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 Numeric Investors LLC, Clear Harbor Asset Management LLC, Impala Asset Management LLC, Boston Partners, Comerica Bank, Cipher Capital LP, Bamco Inc. NY and Vanguard Group Inc.. View Insider Buying and Selling for Scorpio Tankers.
Who bought Scorpio Tankers stock? Who is buying Scorpio Tankers stock?
Scorpio Tankers' stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Laurion Capital Management LP, Solus Alternative Asset Management LP, Dimensional Fund Advisors LP, UBS Oconnor LLC, Schneider Capital Management Corp, Ameriprise Financial Inc. and Goldman Sachs Group Inc.. 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?
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 $3.47.
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 (82.52% upside)|
Analysts' Ratings History for Scorpio Tankers (NASDAQ:STNG)
(Data available from 9/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/20/2017||Stifel Nicolaus||Reiterated Rating||Buy||$8.00 -> $7.00||Low|
|9/19/2017||Credit Suisse Group||Reiterated Rating||Buy||$7.00||Medium|
|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: $0.03
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)
|Stifel Nicolaus Reaffirms Buy Rating for Scorpio Tankers Inc. (STNG)|
www.americanbankingnews.com - September 20 at 11:50 AM
|Scorpio Tankers Inc. (STNG) Cut to Sell at Zacks Investment Research|
www.americanbankingnews.com - September 20 at 9:46 AM
|Scorpio Tankers: Mixed Bag - Seeking Alpha|
seekingalpha.com - September 20 at 9:36 AM
|First Week Of STNG November 17th Options Trading|
www.thestreet.com - September 20 at 9:36 AM
|Reviewing Scorpio Tankers (STNG) & Dorian LPG (LPG)|
www.americanbankingnews.com - September 20 at 6:14 AM
|Scorpio Tankers Inc. (STNG) Receives "Buy" Rating from Credit Suisse Group|
www.americanbankingnews.com - September 19 at 4:32 PM
|Investor Network: Scorpio Tankers Inc. to Host Earnings Call|
finance.yahoo.com - September 19 at 8:05 AM
|Edited Transcript of STNG earnings conference call or presentation 18-Sep-17 3:00pm GMT|
finance.yahoo.com - September 19 at 8:05 AM
|Scorpio Tankers Inc. (STNG) Posts Quarterly Earnings Results, Misses Expectations By $0.04 EPS|
www.americanbankingnews.com - September 18 at 8:58 AM
|5 Stocks To Watch For September 18, 2017 - Benzinga|
www.benzinga.com - September 18 at 6:54 AM
|Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2017|
finance.yahoo.com - September 18 at 6:54 AM
|Scorpio Tankers reports 2Q loss|
finance.yahoo.com - September 18 at 6:54 AM
|Earnings Scheduled For September 18, 2017|
feeds.benzinga.com - September 18 at 5:15 AM
|Scorpio Tankers Inc. Announces Quarterly Dividend and Reminder of Second Quarter Earnings and Conference Call - GlobeNewswire (press release)|
globenewswire.com - September 15 at 9:25 AM
|Scorpio Tankers Inc. (STNG) to Issue $0.01 Quarterly Dividend|
www.americanbankingnews.com - September 14 at 5:24 PM
|Scorpio Tankers Inc. Announces Quarterly Dividend and Reminder of Second Quarter Earnings and Conference Call|
feeds.benzinga.com - September 13 at 6:23 PM
|Scorpio Tankers Inc. (STNG) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - September 13 at 3:14 AM
|Scorpio Tankers Inc. (STNG) Set to Announce Earnings on Monday|
www.americanbankingnews.com - September 11 at 2:10 AM
|Scorpio Tankers, Inc. breached its 50 day moving average in a Bearish Manner : STNG-US : September 8, 2017|
finance.yahoo.com - September 9 at 8:55 AM
|Scorpio Tankers Inc. Announces September 18, 2017 Conference Call Details|
finance.yahoo.com - September 8 at 8:49 AM
|Scorpio Tankers Inc. (STNG) Expected to Announce Quarterly Sales of $135.84 Million|
www.americanbankingnews.com - September 7 at 5:52 AM
|Energy Sector Update for 08/30/2017: STNG, HESM, FRO - Nasdaq ... - Nasdaq|
www.nasdaq.com - September 1 at 9:12 AM
|Scorpio Tankers Inc. Announces Closing of Merger with Navig8 Product Tankers Inc. - GlobeNewswire (press release)|
globenewswire.com - September 1 at 9:12 AM
|Scorpio Tankers Inc. Announces Closing of Merger with Navig8 Product Tankers Inc.|
finance.yahoo.com - September 1 at 9:11 AM
|Scorpio Tankers, Inc. – Value Analysis (NYSE:STNG) : August 30, 2017|
finance.yahoo.com - August 31 at 10:33 AM
|ETF Preview: ETFs, Futures in Positive Territory Following ADP Private Payrolls, Revised Q2 GDP Data - Nasdaq|
www.nasdaq.com - August 30 at 9:39 AM
|Scorpio Tankers Inc. Announces Navig8 Product Tankers' Shareholders Approve Merger - GlobeNewswire (press release)|
globenewswire.com - August 30 at 9:39 AM
|Scorpio Tankers Inc. Announces Navig8 Product Tankers’ Shareholders Approve Merger|
finance.yahoo.com - August 30 at 9:39 AM
|Stifel Nicolaus Analysts Give Scorpio Tankers Inc. (STNG) a $8.00 Price Target|
www.americanbankingnews.com - August 29 at 7:02 PM
|Scorpio Tankers, Inc. breached its 50 day moving average in a Bullish Manner : STNG-US : August 25, 2017|
finance.yahoo.com - August 25 at 4:38 PM
|Scorpio Tankers Inc. (STNG) Stock Rating Upgraded by BidaskClub|
www.americanbankingnews.com - August 25 at 4:10 PM
|Breakfast Technical Briefing on Shipping Stocks -- Scorpio Tankers, Teekay, Safe Bulkers, and Ship Finance|
www.prnewswire.com - August 24 at 6:31 PM
|First Week Of STNG April 2018 Options Trading|
www.thestreet.com - August 23 at 12:08 PM
|Scorpio Tankers Inc. (STNG) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - August 19 at 2:42 AM
|$135.84 Million in Sales Expected for Scorpio Tankers Inc. (STNG) This Quarter|
www.americanbankingnews.com - August 19 at 1:36 AM
|Scorpio Tankers Announces Second Quarter 2017 Earnings Release Date - GlobeNewswire (press release)|
globenewswire.com - August 15 at 7:24 AM
|Scorpio Tankers Announces Second Quarter 2017 Earnings Release Date|
finance.yahoo.com - August 15 at 7:24 AM
|Scorpio Tankers October 2017 Bonds Offer A 6% Yield - Seeking Alpha|
seekingalpha.com - August 10 at 8:19 AM
|Head to Head Review: Scorpio Tankers (STNG) vs. KNOT Offshore Partners (KNOP)|
www.americanbankingnews.com - August 9 at 2:12 PM
|Comparing Teekay Corporation (TK) & Scorpio Tankers (STNG)|
www.americanbankingnews.com - August 7 at 2:38 PM
|Analyzing Scorpio Tankers (NASDAQ:STNG) & KNOT Offshore Partners (KNOP)|
www.americanbankingnews.com - August 6 at 7:12 AM
|Analyzing Scorpio Tankers (STNG) & Gener8 Maritime (GNRT)|
www.americanbankingnews.com - August 2 at 10:14 AM
|Scorpio Tankers Inc. (NASDAQ:STNG) Expected to Post Quarterly Sales of $135.84 Million|
www.americanbankingnews.com - August 1 at 8:01 AM
|-$0.05 Earnings Per Share Expected for Scorpio Tankers Inc. (NASDAQ:STNG) This Quarter|
www.americanbankingnews.com - July 30 at 6:25 PM
|Scorpio Tankers Inc. (NASDAQ:STNG) Cut to Strong Sell at BidaskClub|
www.americanbankingnews.com - July 29 at 11:39 AM
|Scorpio Tankers Announces Information on Its Second Quarter 2017 Earnings Release|
finance.yahoo.com - July 27 at 7:56 AM
|Scorpio Tankers Inc. (STNG) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - July 25 at 11:38 AM
|Scorpio Tankers Inc. (STNG) Earns "Buy" Rating from Jefferies Group LLC|
www.americanbankingnews.com - July 22 at 8:52 PM
|Analyzing Scorpio Tankers (NASDAQ:STNG) and International Seaways (INSW)|
www.americanbankingnews.com - July 19 at 6:28 PM
|Comparing Gener8 Maritime (GNRT) & Scorpio Tankers (STNG)|
www.americanbankingnews.com - July 17 at 12:18 AM
Scorpio Tankers (STNG) Chart for Wednesday, September, 20, 2017