Scorpio Tankers Key Executives
This section highlights Scorpio Tankers's key executives, including their titles and compensation details.
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Scorpio Tankers Earnings
This section highlights Scorpio Tankers's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-13 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-10-29 | $1.61 | $1.75 |
| Read Transcript | Q2 | 2024 | 2024-07-30 | $3.48 | $3.60 |
| Read Transcript | Q1 | 2024 | 2024-05-09 | $3.67 | $3.97 |
| Read Transcript | Q4 | 2023 | 2024-02-14 | $2.63 | $2.75 |
| Read Transcript | Q3 | 2023 | 2023-11-09 | $1.56 | $1.91 |
| Read Transcript | Q2 | 2023 | 2023-08-02 | $2.47 | $2.41 |
| Read Transcript | Q1 | 2023 | 2023-05-02 | $3.22 | $3.31 |
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.
$38.96
Stock Price
$1.94B
Market Cap
40
Employees
Monaco, None
Location
Financial Statements
Access annual & quarterly financial statements for Scorpio Tankers, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $1.24B | $1.34B | $1.56B | $540.79M | $915.89M |
| Cost of Revenue | $349.52M | $531.33M | $623.26M | $578.55M | $587.52M |
| Gross Profit | $894.43M | $809.89M | $939.62M | $-37.76M | $328.37M |
| Gross Profit Ratio | 71.90% | 60.38% | 60.12% | -7.00% | 35.85% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $121.05M | $106.25M | $88.13M | $52.75M | $66.19M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $121.05M | $106.25M | $88.13M | $52.75M | $66.19M |
| Other Expenses | $8.78M | $-1.51M | $1.98M | $2.06M | $1.50M |
| Operating Expenses | $129.83M | $106.25M | $88.13M | $52.75M | $66.19M |
| Cost and Expenses | $479.35M | $636.07M | $711.39M | $631.29M | $653.71M |
| Interest Income | $- | $19.11M | $7.37M | $3.62M | $1.25M |
| Interest Expense | $- | $166.71M | $169.79M | $144.10M | $154.97M |
| Depreciation and Amortization | $185.32M | $202.50M | $206.84M | $240.25M | $245.82M |
| EBITDA | $773.38M | $916.11M | $1.00B | $146.32M | $490.86M |
| EBITDA Ratio | 62.17% | 68.30% | 68.31% | 28.74% | 55.76% |
| Operating Income | $764.60M | $705.15M | $797.71M | $-84.83M | $245.33M |
| Operating Income Ratio | 61.47% | 52.58% | 51.04% | -15.69% | 26.79% |
| Total Other Income Expenses Net | $-95.83M | $-158.25M | $-160.46M | $-143.93M | $-151.21M |
| Income Before Tax | $668.77M | $546.90M | $637.25M | $-234.44M | $94.12M |
| Income Before Tax Ratio | 53.76% | 40.78% | 40.77% | -43.35% | 10.28% |
| Income Tax Expense | $- | $- | $53.78M | $146.16M | $156.47M |
| Net Income | $668.77M | $546.90M | $637.25M | $-380.60M | $-62.35M |
| Net Income Ratio | 53.76% | 40.78% | 40.77% | -70.38% | -6.81% |
| EPS | $13.15 | $10.44 | $11.49 | $-6.96 | $-1.14 |
| EPS Diluted | $13.15 | $10.03 | $10.03 | $-6.96 | $-1.11 |
| Weighted Average Shares Outstanding | 50.86M | 52.37M | 55.46M | 54.72M | 54.67M |
| Weighted Average Shares Outstanding Diluted | 50.87M | 54.53M | 63.51M | 54.72M | 56.39M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $203.97M | $267.99M | $380.66M | $391.34M | $336.31M | $291.18M | $329.30M | $384.43M | $493.72M | $490.00M | $405.07M | $174.05M | $147.91M | $119.27M | $139.44M | $134.16M | $138.24M | $177.25M | $346.24M | $254.17M |
| Cost of Revenue | $92.64M | $136.24M | $133.13M | $127.61M | $136.84M | $132.25M | $131.31M | $130.92M | $170.80M | $160.51M | $151.23M | $140.68M | $145.16M | $146.66M | $141.42M | $145.31M | $149.54M | $147.89M | $144.37M | $145.72M |
| Gross Profit | $111.33M | $131.75M | $247.53M | $263.73M | $199.47M | $158.93M | $197.99M | $253.51M | $322.92M | $329.49M | $253.85M | $33.36M | $2.75M | $-27.39M | $-1.97M | $-11.15M | $-11.31M | $29.36M | $201.87M | $108.45M |
| Gross Profit Ratio | 54.58% | 49.16% | 65.00% | 67.40% | 59.30% | 54.60% | 60.10% | 65.90% | 65.40% | 67.20% | 62.70% | 19.20% | 1.90% | -23.00% | -1.40% | -8.30% | -8.18% | 16.56% | 58.30% | 42.67% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $23.86M | $29.99M | $37.11M | $30.09M | $32.13M | $24.65M | $27.21M | $22.27M | $26.38M | $26.49M | $22.80M | $12.45M | $12.81M | $13.05M | $13.32M | $13.56M | $14.32M | $15.86M | $18.75M | $17.26M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $23.86M | $29.99M | $37.11M | $30.09M | $32.13M | $24.65M | $27.21M | $22.27M | $26.38M | $26.49M | $22.80M | $12.45M | $12.81M | $13.05M | $13.32M | $13.56M | $14.32M | $15.86M | $18.75M | $17.26M |
| Other Expenses | $-7.36M | $-69.31M | $47.00K | $109.00K | $947.00K | $2.59M | $986.00K | $1.35M | $-216.00K | $557.00K | $1.44M | $193.00K | $2.22M | $-58.00K | $-117.00K | $11.00K | $1.92M | $285.00K | $-344.00K | $-358.00K |
| Operating Expenses | $16.50M | $-39.31M | $37.11M | $30.09M | $32.13M | $24.65M | $27.21M | $22.27M | $26.38M | $26.49M | $22.80M | $12.45M | $12.81M | $13.05M | $13.32M | $13.56M | $14.32M | $15.86M | $18.75M | $17.26M |
| Cost and Expenses | $109.14M | $96.92M | $170.24M | $157.70M | $168.97M | $156.90M | $158.52M | $153.19M | $197.18M | $187.00M | $174.03M | $153.14M | $157.97M | $159.71M | $154.74M | $158.87M | $163.86M | $163.75M | $163.12M | $162.98M |
| Interest Income | $- | $2.86M | $5.53M | $4.59M | $4.50M | $6.07M | $4.36M | $4.18M | $4.16M | $2.18M | $836.00K | $188.00K | $170.00K | $3.04M | $187.00K | $225.00K | $181.00K | $208.00K | $295.00K | $565.00K |
| Interest Expense | $- | $20.88M | $33.33M | $36.99M | $46.28M | $49.70M | $43.72M | $43.53M | $48.78M | $42.30M | $31.44M | $38.00M | $38.32M | $35.81M | $30.89M | $34.07M | $35.89M | $32.50M | $37.19M | $43.31M |
| Depreciation and Amortization | $45.22M | $45.51M | $46.68M | $47.91M | $50.66M | $51.15M | $50.71M | $49.98M | $51.20M | $50.99M | $50.82M | $53.83M | $60.09M | $60.12M | $59.42M | $60.62M | $62.53M | $61.54M | $61.71M | $60.04M |
| EBITDA | $87.47M | $225.10M | $257.10M | $281.55M | $218.00M | $201.22M | $226.83M | $286.75M | $360.07M | $359.46M | $282.66M | $7.38M | $52.42M | $22.66M | $42.55M | $32.30M | $17.91M | $76.55M | $244.78M | $151.43M |
| EBITDA Ratio | 42.89% | 84.00% | 67.54% | 71.95% | 64.82% | 66.66% | 68.88% | 74.59% | 60.86% | 72.80% | 67.86% | 43.16% | -5.19% | 19.00% | 28.10% | 26.95% | -17.02% | 41.67% | 70.14% | 59.01% |
| Operating Income | $94.83M | $171.06M | $210.42M | $233.64M | $167.34M | $141.41M | $170.78M | $231.24M | $309.24M | $305.73M | $229.56M | $21.29M | $-10.06M | $-40.44M | $-15.30M | $-24.71M | $-42.47M | $13.50M | $183.12M | $91.19M |
| Operating Income Ratio | 46.49% | 63.83% | 55.28% | 59.70% | 49.76% | 48.56% | 51.86% | 60.15% | 62.64% | 62.39% | 56.67% | 12.23% | -6.80% | -33.91% | -10.97% | -18.42% | -30.72% | 7.62% | 52.89% | 35.88% |
| Total Other Income Expenses Net | $-26.27M | $-12.36M | $16.90M | $-30.78M | $-40.84M | $-41.04M | $-38.38M | $-38.00M | $-44.84M | $-39.56M | $-38.43M | $-105.74M | $-35.93M | $-32.83M | $-37.48M | $-37.69M | $-33.79M | $-33.69M | $-39.18M | $-44.56M |
| Income Before Tax | $68.56M | $158.71M | $227.32M | $214.19M | $120.89M | $100.37M | $132.40M | $193.24M | $264.40M | $266.17M | $191.13M | $-84.45M | $-45.99M | $-73.27M | $-52.78M | $-62.39M | $-76.26M | $-20.18M | $143.94M | $46.63M |
| Income Before Tax Ratio | 33.61% | 59.22% | 59.72% | 54.73% | 35.95% | 34.47% | 40.21% | 50.27% | 53.55% | 54.32% | 47.18% | -48.52% | -31.10% | -61.43% | -37.85% | -46.51% | -55.17% | -11.39% | 41.57% | 18.35% |
| Income Tax Expense | $- | $- | $- | $47.87M | $-4.50M | $52.28M | $44.71M | $38.00M | $-63.91M | $-2.73M | $1.48M | $67.74M | $27.15M | $35.75M | $30.77M | $34.08M | $-24.72M | $33.80M | $36.84M | $42.95M |
| Net Income | $68.56M | $158.71M | $227.32M | $214.19M | $120.89M | $100.37M | $132.40M | $193.24M | $264.40M | $266.17M | $191.13M | $-152.19M | $-45.99M | $-73.27M | $-52.78M | $-62.39M | $-76.26M | $-20.18M | $143.94M | $46.63M |
| Net Income Ratio | 33.61% | 59.22% | 59.72% | 54.73% | 35.95% | 34.47% | 40.21% | 50.27% | 53.55% | 54.32% | 47.18% | -87.44% | -31.10% | -61.43% | -37.85% | -46.51% | -55.17% | -11.39% | 41.57% | 18.35% |
| EPS | $1.43 | $3.31 | $4.54 | $4.29 | $2.43 | $2.01 | $2.50 | $3.40 | $4.74 | $4.31 | $2.97 | $-2.75 | $-0.83 | $-1.34 | $-0.97 | $-1.15 | $-1.41 | $-0.37 | $2.63 | $0.85 |
| EPS Diluted | $1.43 | $3.16 | $4.34 | $4.11 | $2.34 | $1.93 | $2.40 | $3.27 | $4.33 | $4.24 | $2.97 | $-2.75 | $-0.83 | $-1.34 | $-0.97 | $-1.15 | $-1.41 | $-0.37 | $2.40 | $0.82 |
| Weighted Average Shares Outstanding | 47.94M | 47.94M | 50.02M | 49.91M | 49.80M | 49.91M | 53.04M | 56.83M | 55.81M | 61.76M | 64.42M | 55.41M | 55.33M | 54.68M | 54.40M | 54.26M | 54.27M | 54.91M | 54.83M | 54.67M |
| Weighted Average Shares Outstanding Diluted | 48.02M | 50.15M | 52.35M | 52.07M | 51.64M | 51.94M | 55.23M | 59.11M | 61.10M | 62.82M | 64.42M | 55.41M | 55.33M | 54.76M | 54.46M | 54.32M | 54.27M | 54.91M | 61.59M | 61.69M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $332.58M | $355.55M | $376.87M | $230.41M | $187.51M |
| Short Term Investments | $74.16M | $- | $- | $- | $- |
| Cash and Short Term Investments | $406.74M | $355.55M | $376.87M | $230.41M | $187.51M |
| Net Receivables | $150.18M | $203.50M | $276.70M | $38.07M | $33.02M |
| Inventory | $10.17M | $7.82M | $15.62M | $8.78M | $9.26M |
| Other Current Assets | $9.23M | $10.21M | $18.16M | $11.96M | $24.86M |
| Total Current Assets | $576.32M | $577.08M | $687.35M | $285.22M | $267.42M |
| Property Plant Equipment Net | $3.19B | $3.58B | $3.78B | $4.61B | $4.81B |
| Goodwill | $8.20M | $8.20M | $8.20M | $8.90M | $8.90M |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $8.20M | $8.20M | $8.20M | $8.90M | $8.90M |
| Long Term Investments | $- | $11.80M | $9.42M | $7.49M | $1.75M |
| Tax Assets | $- | $- | $- | $-7.49M | $-1.75M |
| Other Non-Current Assets | $58.31M | $53.64M | $75.11M | $113.75M | $72.24M |
| Total Non-Current Assets | $3.26B | $3.65B | $3.87B | $4.73B | $4.89B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $3.83B | $4.23B | $4.56B | $5.01B | $5.16B |
| Account Payables | $32.21M | $10.00M | $28.75M | $35.08M | $12.86M |
| Short Term Debt | $131.39M | $427.72M | $674.49M | $700.43M | $549.53M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $11.65M | $10.96M | $- | $- |
| Other Current Liabilities | $73.59M | $61.02M | $-240.95M | $-207.67M | $-156.22M |
| Total Current Liabilities | $237.19M | $510.40M | $473.25M | $527.84M | $406.18M |
| Long Term Debt | $730.58M | $1.16B | $1.58B | $2.65B | $2.69B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $3.97M | $- | $- | $- |
| Total Non-Current Liabilities | $730.58M | $1.16B | $1.58B | $2.65B | $2.69B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $967.77M | $1.67B | $2.05B | $3.18B | $3.09B |
| Preferred Stock | $- | $- | $0 | $- | $- |
| Common Stock | $760.00K | $745.00K | $727.00K | $659.00K | $656.00K |
| Retained Earnings | $1.17B | $587.13M | $97.89M | $-539.36M | $-304.92M |
| Accumulated Other Comprehensive Income Loss | $-0 | $- | $2.41B | $2.38B | $2.37B |
| Other Total Stockholders Equity | $1.69B | $1.97B | $2.41B | $2.38B | $2.37B |
| Total Stockholders Equity | $2.87B | $2.55B | $2.51B | $1.84B | $2.07B |
| Total Equity | $2.87B | $2.55B | $2.51B | $1.84B | $2.07B |
| Total Liabilities and Stockholders Equity | $3.83B | $4.23B | $4.56B | $5.01B | $5.16B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.83B | $4.23B | $4.56B | $5.01B | $5.16B |
| Total Investments | $74.16M | $11.80M | $9.42M | $7.49M | $1.75M |
| Total Debt | $861.97M | $1.59B | $1.93B | $3.12B | $3.05B |
| Net Debt | $529.39M | $1.23B | $1.56B | $2.89B | $2.86B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $332.58M | $201.00M | $224.65M | $369.50M | $355.55M | $364.91M | $313.92M | $612.65M | $376.87M | $467.63M | $359.53M | $242.68M | $230.41M | $192.42M | $282.23M | $269.54M | $187.51M | $218.09M | $250.59M | $119.83M |
| Short Term Investments | $74.16M | $88.05M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $406.74M | $289.05M | $224.65M | $369.50M | $355.55M | $364.91M | $313.92M | $612.65M | $376.87M | $467.63M | $359.53M | $242.68M | $230.41M | $192.42M | $282.23M | $269.54M | $187.51M | $218.09M | $250.59M | $119.83M |
| Net Receivables | $150.18M | $169.89M | $227.72M | $234.14M | $203.50M | $192.55M | $201.57M | $233.59M | $276.70M | $247.01M | $206.46M | $70.27M | $38.07M | $40.75M | $31.73M | $45.09M | $33.02M | $59.81M | $114.92M | $148.54M |
| Inventory | $10.17M | $8.58M | $7.87M | $8.19M | $7.82M | $8.48M | $8.51M | $8.36M | $15.62M | $15.28M | $13.29M | $15.37M | $8.78M | $8.54M | $8.40M | $8.10M | $9.26M | $9.03M | $9.81M | $9.87M |
| Other Current Assets | $9.23M | $68.10M | $156.79M | $41.53M | $10.21M | $19.37M | $35.23M | $9.64M | $18.16M | $21.19M | $77.46M | $355.88M | $11.96M | $9.90M | $10.45M | $9.09M | $24.86M | $12.40M | $11.86M | $11.77M |
| Total Current Assets | $576.32M | $535.62M | $617.03M | $653.36M | $577.08M | $585.31M | $559.23M | $864.25M | $687.35M | $751.11M | $656.74M | $684.21M | $285.22M | $251.61M | $332.81M | $331.82M | $267.42M | $299.35M | $387.18M | $290.00M |
| Property Plant Equipment Net | $3.19B | $3.24B | $3.31B | $3.48B | $3.58B | $3.62B | $3.67B | $3.74B | $3.78B | $3.81B | $3.85B | $3.94B | $4.61B | $4.66B | $4.71B | $4.76B | $4.81B | $4.86B | $4.85B | $4.86B |
| Goodwill | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.43M | $8.90M | $8.90M | $8.90M | $8.90M | $8.90M | $8.90M | $11.54M | $11.54M | $11.54M |
| Intangible Assets | $- | $- | $1 | $1 | $-1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $8.90M | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.20M | $8.43M | $8.90M | $8.90M | $8.90M | $8.90M | $8.90M | $8.90M | $11.54M | $11.54M | $11.54M |
| Long Term Investments | $- | $- | $- | $- | $11.80M | $783.00K | $10.33M | $783.00K | $9.42M | $783.00K | $7.38M | $783.00K | $7.49M | $5.29M | $1.75M | $5.29M | $1.75M | $1.75M | $1.75M | $1.75M |
| Tax Assets | $- | $- | $- | $- | $1 | $-783.00K | $-10.33M | $-783.00K | $- | $-783.00K | $- | $-783.00K | $-7.49M | $-5.29M | $12.04M | $-5.29M | $-1.75M | $11.66M | $19.95M | $32.37M |
| Other Non-Current Assets | $58.31M | $59.48M | $63.08M | $63.35M | $53.64M | $95.22M | $84.53M | $84.45M | $75.11M | $85.59M | $83.19M | $93.97M | $113.75M | $114.94M | $88.94M | $102.57M | $72.24M | $68.30M | $74.28M | $75.15M |
| Total Non-Current Assets | $3.26B | $3.31B | $3.38B | $3.56B | $3.65B | $3.72B | $3.76B | $3.83B | $3.87B | $3.90B | $3.95B | $4.04B | $4.73B | $4.78B | $4.82B | $4.87B | $4.89B | $4.96B | $4.96B | $4.98B |
| Other Assets | $- | $- | $- | $-1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.83B | $3.85B | $4.00B | $4.21B | $4.23B | $4.31B | $4.32B | $4.69B | $4.56B | $4.65B | $4.61B | $4.72B | $5.01B | $5.03B | $5.15B | $5.20B | $5.16B | $5.26B | $5.35B | $5.27B |
| Account Payables | $32.21M | $32.55M | $13.83M | $14.00M | $10.00M | $21.49M | $11.22M | $24.09M | $28.75M | $18.81M | $12.87M | $16.69M | $35.08M | $15.25M | $12.30M | $14.80M | $12.86M | $13.81M | $17.37M | $21.55M |
| Short Term Debt | $131.39M | $134.97M | $147.27M | $329.87M | $427.72M | $611.72M | $376.80M | $422.09M | $353.00M | $399.36M | $372.58M | $542.00M | $467.86M | $463.90M | $445.73M | $311.75M | $549.53M | $388.90M | $402.46M | $456.20M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $11.65M | $- | $13.96M | $- | $10.96M | $- | $915.00K | $- | $15.19M | $- | $- | $- | $15.94M | $- | $- | $- |
| Other Current Liabilities | $73.59M | $74.44M | $70.40M | $64.59M | $61.02M | $73.16M | $72.89M | $62.33M | $80.55M | $70.41M | $43.45M | $31.08M | $24.91M | $24.66M | $23.70M | $27.89M | $-156.22M | $31.71M | $33.66M | $45.62M |
| Total Current Liabilities | $237.19M | $241.96M | $231.50M | $408.47M | $510.40M | $706.37M | $460.91M | $508.50M | $473.25M | $488.58M | $428.89M | $589.76M | $527.84M | $503.81M | $481.73M | $354.44M | $406.18M | $434.41M | $453.49M | $523.37M |
| Long Term Debt | $730.58M | $766.46M | $835.01M | $1.04B | $1.16B | $1.15B | $1.44B | $1.63B | $1.58B | $2.04B | $2.24B | $2.38B | $2.65B | $2.65B | $2.72B | $2.84B | $2.69B | $2.68B | $2.72B | $2.72B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $5.17M | $- | $3.97M | $3.97M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $730.58M | $766.46M | $840.17M | $1.04B | $1.16B | $1.16B | $1.44B | $1.63B | $1.58B | $2.04B | $2.24B | $2.38B | $2.65B | $2.65B | $2.72B | $2.84B | $2.69B | $2.68B | $2.72B | $2.72B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $967.77M | $1.01B | $1.07B | $1.45B | $1.67B | $1.86B | $1.90B | $2.14B | $2.05B | $2.53B | $2.67B | $2.97B | $3.18B | $3.15B | $3.20B | $3.19B | $3.09B | $3.11B | $3.18B | $3.24B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $1 | $- | $0 | $- | $0 | $- | $- | $- | $- | $- | $- | $- | $0 | $- |
| Common Stock | $760.00K | $760.00K | $760.00K | $745.00K | $745.00K | $745.00K | $745.00K | $743.00K | $727.00K | $669.00K | $669.00K | $659.00K | $659.00K | $659.00K | $659.00K | $656.00K | $656.00K | $655.00K | $652.00K | $650.00K |
| Retained Earnings | $1.17B | $1.12B | $985.76M | $780.08M | $587.13M | $484.83M | $397.85M | $279.26M | $97.89M | $-166.51M | $-432.67M | $-623.80M | $-539.36M | $-493.37M | $-420.10M | $-367.32M | $-304.92M | $-228.66M | $-208.48M | $-352.42M |
| Accumulated Other Comprehensive Income Loss | $-0 | $- | $- | $- | $1.97B | $1.96B | $2.03B | $2.27B | $2.41B | $2.29B | $2.37B | $2.37B | $2.38B | $2.38B | $2.38B | $2.38B | $- | $-896.43M | $-0 | $0 |
| Other Total Stockholders Equity | $1.69B | $1.72B | $1.94B | $1.98B | $1.97B | $1.96B | $2.03B | $2.27B | $2.41B | $2.29B | $2.37B | $2.37B | $2.38B | $2.38B | $2.38B | $2.37B | $2.37B | $2.37B | $2.38B | $2.38B |
| Total Stockholders Equity | $2.87B | $2.84B | $2.93B | $2.76B | $2.55B | $2.44B | $2.42B | $2.55B | $2.51B | $2.12B | $1.94B | $1.75B | $1.84B | $1.88B | $1.96B | $2.01B | $2.07B | $2.14B | $2.17B | $2.03B |
| Total Equity | $2.87B | $2.84B | $2.93B | $2.76B | $2.55B | $2.44B | $2.42B | $2.55B | $2.51B | $2.12B | $1.94B | $1.75B | $1.84B | $1.88B | $1.96B | $2.01B | $2.07B | $2.14B | $2.17B | $2.03B |
| Total Liabilities and Stockholders Equity | $3.83B | $3.85B | $4.00B | $4.21B | $4.23B | $4.31B | $4.32B | $4.69B | $4.56B | $4.65B | $4.61B | $4.72B | $5.01B | $5.03B | $5.15B | $5.20B | $5.16B | $5.26B | $5.35B | $5.27B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.83B | $3.85B | $4.00B | $4.21B | $4.23B | $4.31B | $4.32B | $4.69B | $4.56B | $4.65B | $4.61B | $4.72B | $5.01B | $5.03B | $5.15B | $5.20B | $5.16B | $5.26B | $5.35B | $5.27B |
| Total Investments | $74.16M | $88.05M | $- | $- | $11.80M | $783.00K | $10.33M | $783.00K | $9.42M | $783.00K | $7.38M | $783.00K | $7.49M | $5.29M | $1.75M | $5.29M | $1.75M | $1.75M | $1.75M | $1.75M |
| Total Debt | $861.97M | $901.42M | $982.28M | $1.37B | $1.59B | $1.77B | $1.81B | $2.05B | $1.93B | $2.44B | $2.61B | $2.92B | $3.12B | $3.11B | $3.16B | $3.15B | $3.05B | $3.07B | $3.12B | $3.17B |
| Net Debt | $529.39M | $700.42M | $757.63M | $1.00B | $1.23B | $1.40B | $1.50B | $1.44B | $1.56B | $1.97B | $2.25B | $2.68B | $2.89B | $2.92B | $2.88B | $2.88B | $2.86B | $2.85B | $2.87B | $3.05B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $668.77M | $546.90M | $637.25M | $-234.44M | $94.12M |
| Depreciation and Amortization | $194.56M | $202.50M | $206.84M | $240.25M | $245.82M |
| Deferred Income Tax | $- | $- | $-20.40M | $-22.93M | $-28.51M |
| Stock Based Compensation | $62.51M | $47.34M | $20.40M | $22.93M | $28.51M |
| Change in Working Capital | $53.10M | $59.47M | $-175.58M | $14.34M | $14.58M |
| Accounts Receivables | $57.05M | $73.20M | $-238.63M | $-5.05M | $19.96M |
| Inventory | $-2.04M | $7.80M | $-7.52M | $480.00K | $-615.00K |
| Accounts Payables | $- | $-16.75M | $-4.48M | $20.72M | $-5.09M |
| Other Working Capital | $-1.91M | $-4.79M | $75.05M | $-1.81M | $335.00K |
| Other Non Cash Items | $-153.76M | $9.28M | $100.83M | $53.15M | $64.86M |
| Net Cash Provided by Operating Activities | $825.18M | $865.49M | $769.33M | $73.30M | $419.38M |
| Investments in Property Plant and Equipment | $- | $-23.09M | $-34.48M | $-47.10M | $-174.48M |
| Acquisitions Net | $- | $64.88M | $-1.75M | $-5.18M | $- |
| Purchases of Investments | $- | $- | $-1.75M | $-6.70M | $- |
| Sales Maturities of Investments | $- | $- | $493.00K | $1.52M | $- |
| Other Investing Activities | $307.99M | $1.82M | $609.44M | $5.18M | $-174.48M |
| Net Cash Used for Investing Activities | $307.99M | $43.61M | $571.96M | $-52.28M | $-174.48M |
| Debt Repayment | $-736.68M | $-354.17M | $-1.01B | $62.57M | $-219.33M |
| Common Stock Issued | $- | $- | $- | $-47.00K | $2.60M |
| Common Stock Repurchased | $-335.59M | $-489.68M | $-161.37M | $47.00K | $-13.12M |
| Dividends Paid | $-83.52M | $-57.66M | $-23.31M | $-23.32M | $-23.30M |
| Other Financing Activities | $-354.00K | $-28.91M | $2.31M | $-17.36M | $-6.55M |
| Net Cash Used Provided by Financing Activities | $-1.16B | $-930.42M | $-1.19B | $21.88M | $-259.70M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-22.97M | $-21.32M | $146.46M | $42.90M | $-14.79M |
| Cash at End of Period | $332.58M | $355.55M | $376.87M | $230.41M | $187.51M |
| Cash at Beginning of Period | $355.55M | $376.87M | $230.41M | $187.51M | $202.30M |
| Operating Cash Flow | $825.18M | $865.49M | $769.33M | $73.30M | $419.38M |
| Capital Expenditure | $- | $-23.09M | $-34.48M | $-47.10M | $-174.48M |
| Free Cash Flow | $825.18M | $842.40M | $734.85M | $26.20M | $244.90M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $68.56M | $158.71M | $227.32M | $214.19M | $120.89M | $100.37M | $132.40M | $193.24M | $264.40M | $266.17M | $191.13M | $-84.45M | $-45.99M | $-73.27M | $-52.78M | $-62.39M | $-76.26M | $-20.18M | $143.94M | $46.63M |
| Depreciation and Amortization | $46.74M | $45.51M | $46.68M | $47.91M | $50.66M | $51.15M | $50.71M | $49.98M | $51.20M | $50.99M | $50.82M | $53.83M | $60.09M | $60.12M | $59.42M | $60.62M | $62.53M | $61.54M | $61.71M | $60.04M |
| Deferred Income Tax | $- | $- | $- | $- | $-18.50M | $-12.26M | $-12.75M | $-3.82M | $-4.25M | $-5.47M | $-6.18M | $- | $- | $- | $- | $- | $15.36M | $- | $-7.51M | $-7.84M |
| Stock Based Compensation | $16.45M | $16.92M | $19.53M | $9.61M | $18.50M | $12.26M | $12.75M | $3.82M | $4.25M | $5.47M | $6.18M | $4.49M | $4.70M | $5.75M | $6.29M | $6.19M | $-15.36M | $6.78M | $7.51M | $7.84M |
| Change in Working Capital | $23.59M | $68.50M | $17.80M | $-40.05M | $-14.00M | $16.66M | $28.58M | $28.23M | $4.53M | $-12.06M | $-123.73M | $-44.31M | $22.61M | $748.00K | $6.96M | $-15.98M | $1.95M | $57.91M | $29.72M | $-75.00M |
| Accounts Receivables | $20.64M | $58.63M | $8.42M | $-30.64M | $-10.95M | $9.02M | $32.02M | $43.11M | $-29.69M | $-42.11M | $-139.70M | $-27.14M | $2.68M | $-9.02M | $13.36M | $-12.07M | $1.60M | $55.11M | $33.62M | $-70.36M |
| Inventory | $-1.27M | $-706.00K | $314.00K | $-370.00K | $1.16M | $-474.00K | $-142.00K | $7.26M | $-339.00K | $-13.06M | $8.46M | $-2.59M | $-243.00K | $-143.00K | $-291.00K | $1.16M | $-227.00K | $772.00K | $61.00K | $-1.22M |
| Accounts Payables | $- | $14.39M | $-1.32M | $3.66M | $-11.09M | $10.84M | $-12.75M | $-3.74M | $8.49M | $7.76M | $-3.58M | $-17.16M | $18.02M | $2.99M | $-2.73M | $2.43M | $-274.00K | $603.00K | $-4.75M | $-675.00K |
| Other Working Capital | $4.22M | $-3.82M | $10.39M | $-12.70M | $6.88M | $-2.73M | $9.45M | $-18.39M | $26.07M | $35.33M | $11.08M | $2.58M | $2.15M | $6.92M | $-3.38M | $-7.49M | $854.00K | $1.43M | $791.00K | $-2.74M |
| Other Non Cash Items | $-42.10M | $-71.93M | $65.76M | $123.75M | $26.79M | $10.14M | $13.18M | $5.03M | $-3.79M | $8.10M | $16.05M | $80.47M | $13.51M | $9.56M | $14.15M | $15.92M | $28.42M | $11.37M | $12.62M | $12.44M |
| Net Cash Provided by Operating Activities | $113.24M | $217.71M | $271.61M | $222.62M | $184.34M | $178.32M | $224.87M | $276.48M | $316.35M | $313.19M | $134.27M | $5.53M | $50.22M | $-2.84M | $27.75M | $-1.83M | $16.64M | $110.64M | $247.99M | $44.10M |
| Investments in Property Plant and Equipment | $- | $-30.45M | $-13.32M | $-10.56M | $-5.99M | $-3.56M | $-5.06M | $-8.48M | $-8.06M | $-3.64M | $-8.50M | $-14.28M | $607.00K | $-20.40M | $-10.71M | $-16.60M | $-21.86M | $-32.81M | $-56.32M | $-63.49M |
| Acquisitions Net | $- | $- | $70.15M | $38.56M | $32.69M | $32.19M | $- | $- | $-1.75M | $66.71M | $315.37M | $225.81M | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $-1.58M | $-361.00K | $- | $- | $- | $- | $-1.75M | $-66.47M | $- | $- | $- | $-6.70M | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $1.26M | $- | $- | $- | $1.49M | $- | $493.00K | $-240.00K | $- | $240.00K | $1.52M | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $118.68M | $135.59M | $56.03M | $28.14M | $1.82M | $28.63M | $-845.00K | $845.00K | $1.06M | $66.96M | $306.87M | $226.06M | $-5.18M | $-13.70M | $-10.71M | $-16.60M | $-21.86M | $-32.81M | $-56.32M | $-63.49M |
| Net Cash Used for Investing Activities | $118.68M | $105.15M | $56.52M | $27.64M | $28.53M | $28.63M | $-4.42M | $-7.64M | $-10.01M | $63.32M | $306.87M | $211.78M | $-4.57M | $-20.40M | $-10.71M | $-16.60M | $-21.86M | $-32.81M | $-56.32M | $-63.49M |
| Debt Repayment | $-41.45M | $-82.74M | $-397.62M | $-214.87M | $-191.43M | $-42.65M | $-242.34M | $122.24M | $-314.99M | $-177.52M | $-318.92M | $-201.02M | $1.47M | $-55.77M | $6.97M | $109.91M | $-22.05M | $-92.15M | $-49.69M | $-55.44M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $2.60M | $- | $- | $- |
| Common Stock Repurchased | $-38.88M | $-242.99M | $-53.73M | $- | $-12.04M | $-78.70M | $-260.76M | $-138.18M | $-76.48M | $-84.89M | $- | $- | $- | $- | $- | $- | $- | $-13.12M | $- | $- |
| Dividends Paid | $-20.00M | $-20.63M | $-21.64M | $-21.24M | $-18.59M | $-13.39M | $-13.80M | $-11.87M | $-5.63M | $-5.91M | $-5.94M | $-5.84M | $-5.84M | $-5.84M | $-5.84M | $-5.81M | $-5.80M | $-5.76M | $-5.87M | $-5.87M |
| Other Financing Activities | $-14.00K | $-138.00K | $- | $-202.00K | $-166.00K | $-21.22M | $-2.28M | $-5.24M | $-1.00K | $-80.00K | $568.00K | $1.82M | $-3.24M | $-4.96M | $-5.48M | $-3.64M | $2.49M | $697.00K | $-7.95M | $-1.78M |
| Net Cash Used Provided by Financing Activities | $-100.34M | $-346.50M | $-472.99M | $-236.31M | $-222.22M | $-155.96M | $-519.19M | $-33.05M | $-397.10M | $-268.40M | $-324.30M | $-205.04M | $-7.66M | $-66.57M | $-4.35M | $100.46M | $-25.36M | $-110.33M | $-60.91M | $-63.09M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $131.58M | $-23.65M | $-144.85M | $13.95M | $-9.36M | $50.98M | $-298.73M | $235.78M | $-90.77M | $108.11M | $116.84M | $12.27M | $37.99M | $-89.81M | $12.69M | $82.03M | $-30.58M | $-32.50M | $130.77M | $-82.48M |
| Cash at End of Period | $332.58M | $201.00M | $224.65M | $369.50M | $355.55M | $364.91M | $313.92M | $612.65M | $376.87M | $467.63M | $359.53M | $242.68M | $230.41M | $192.42M | $282.23M | $269.54M | $187.51M | $218.09M | $250.59M | $119.83M |
| Cash at Beginning of Period | $201.00M | $224.65M | $369.50M | $355.55M | $364.91M | $313.92M | $612.65M | $376.87M | $467.63M | $359.53M | $242.68M | $230.41M | $192.42M | $282.23M | $269.54M | $187.51M | $218.09M | $250.59M | $119.83M | $202.30M |
| Operating Cash Flow | $113.24M | $217.71M | $271.61M | $222.62M | $184.34M | $178.32M | $224.87M | $276.48M | $316.35M | $313.19M | $134.27M | $5.53M | $50.22M | $-2.84M | $27.75M | $-1.83M | $16.64M | $110.64M | $247.99M | $44.10M |
| Capital Expenditure | $- | $-30.45M | $-13.32M | $-10.56M | $-5.99M | $-3.56M | $-5.06M | $-8.48M | $-8.06M | $-3.64M | $-8.50M | $-14.28M | $607.00K | $-20.40M | $-10.71M | $-16.60M | $-21.86M | $-32.81M | $-56.32M | $-63.49M |
| Free Cash Flow | $113.24M | $187.26M | $258.29M | $212.06M | $178.35M | $174.76M | $219.81M | $267.99M | $308.28M | $309.55M | $125.77M | $-8.74M | $50.83M | $-23.24M | $17.04M | $-18.43M | $-5.22M | $77.84M | $191.67M | $-19.38M |
Scorpio Tankers Dividends
Explore Scorpio Tankers's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.30%
Dividend Payout Ratio
12.49%
Dividend Paid & Capex Coverage Ratio
9.88x
Scorpio Tankers Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.4 | $0.4 | March 07, 2025 | March 07, 2025 | March 21, 2025 | February 12, 2025 |
| $0.4 | $0.4 | November 22, 2024 | November 22, 2024 | December 13, 2024 | October 28, 2024 |
| $0.4 | $0.4 | August 15, 2024 | August 15, 2024 | September 13, 2024 | July 30, 2024 |
| $0.4 | $0.4 | June 14, 2024 | June 14, 2024 | June 28, 2024 | May 08, 2024 |
| $0.4 | $0.4 | March 07, 2024 | March 08, 2024 | March 27, 2024 | February 13, 2024 |
| $0.35 | $0.35 | November 29, 2023 | November 30, 2023 | December 15, 2023 | November 09, 2023 |
| $0.25 | $0.25 | August 14, 2023 | August 15, 2023 | September 15, 2023 | August 01, 2023 |
| $0.25 | $0.25 | June 12, 2023 | June 13, 2023 | June 30, 2023 | May 02, 2023 |
| $0.2 | $0.2 | March 06, 2023 | March 07, 2023 | March 31, 2023 | February 15, 2023 |
| $0.1 | $0.1 | November 16, 2022 | November 17, 2022 | December 15, 2022 | October 31, 2022 |
| $0.1 | $0.1 | August 10, 2022 | August 11, 2022 | September 15, 2022 | July 27, 2022 |
| $0.1 | $0.1 | May 19, 2022 | May 20, 2022 | June 15, 2022 | April 27, 2022 |
| $0.1 | $0.1 | March 01, 2022 | March 02, 2022 | March 15, 2022 | February 11, 2022 |
| $0.1 | $0.1 | December 02, 2021 | December 03, 2021 | December 15, 2021 | November 10, 2021 |
| $0.1 | $0.1 | September 08, 2021 | September 09, 2021 | September 29, 2021 | August 04, 2021 |
| $0.1 | $0.1 | May 20, 2021 | May 21, 2021 | June 15, 2021 | May 06, 2021 |
| $0.1 | $0.1 | March 01, 2021 | March 02, 2021 | March 15, 2021 | February 17, 2021 |
| $0.1 | $0.1 | November 20, 2020 | November 23, 2020 | December 14, 2020 | November 03, 2020 |
| $0.1 | $0.1 | September 08, 2020 | September 09, 2020 | September 29, 2020 | August 05, 2020 |
| $0.1 | $0.1 | May 29, 2020 | June 01, 2020 | June 15, 2020 | May 05, 2020 |
Scorpio Tankers News
Read the latest news about Scorpio Tankers, including recent articles, headlines, and updates.
Scorpio Tankers Inc. Announces Availability of 2024 Annual Report on Form 20-F
MONACO, March 21, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the Securities and Exchange Commission and can be accessed on the Company's website www.scorpiotankers.com in the Investors section under Reports and Presentations.
Scorpio Tankers Inc. (STNG) Q4 2024 Earnings Call Transcript
Scorpio Tankers Inc. (NYSE:STNG ) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Company Participants James Doyle - Head, Corporate Development & Investor Relations Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Chris Avella - Chief Financial Officer Cameron Mackey - Chief Operating Officer Lars Dencker Nielsen - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore ISI Ken Hoexter - Bank of America Greg Lewis - BTIG Ben Nolan - Stifle Chris Robertson - Deutsche Bank Frode Mørkedal - Clarkson Securities Liam Burke - B. Riley Operator And welcome to the Scorpio Tankers Fourth Quarter 2024 Conference Call.
Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2024 and the Declaration of a Dividend
MONACO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
Scorpio Tankers Inc. Announces that on February 13, 2025, the Company Plans to Issue Its Fourth Quarter 2024 Results and Have a Conference Call
MONACO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, February 13, 2025, the Company plans to issue its fourth quarter 2024 earnings press release in the morning (Eastern Standard Time) and host a conference call at 9:00 AM Eastern Standard Time and 3:00 PM Central European Time.
Scorpio Tankers Inc. Announces Successful Placement of 5-year Senior Unsecured Bonds
MONACO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) announces today that it has successfully placed USD 200 million of new senior unsecured bonds in the Nordic bond market. An application will be made for the bonds to be listed on the Oslo Stock Exchange. The new bonds are due to mature in January 2030 and will pay a fixed coupon of 7.5% per annum, payable semi-annually in arrears.
Scorpio Tankers Inc. Announces Fixed Income Investor Meetings
MONACO, Jan. 12, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) through its Norwegian investment banks, will arrange a series of fixed income investor calls commencing on January 13, 2025. A five-year USD denominated senior unsecured bond issue may follow, subject to inter alia market conditions.
Scorpio Tankers (STNG) & International Seaways (INSW) Kick Off Capital Link's 2025 Virtual Company Presentation Series
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Capital Link is hosting a series of online Company Presentations, whereby the Senior Management teams of leading listed maritime companies will present their business development, strategy, growth prospects, and overall sector outlook.
Scorpio Tankers: One Of The Largest And Youngest Fleets In The Refined Product Market
With a capital structure composed of 80% equity and one of the youngest fleets in the refined product market, Scorpio Tankers is well-positioned to navigate the current market weakness. Using the average daily rate of ~$29,500 reported in Q3, Scorpio Tankers would generate approximately $450 million in annual free cash flows after accounting for $182 million in depreciation. This would represent a free cash flow yield of ~17.5% relative to the current market capitalization of $2.56 billion.
Scorpio Tankers Inc. Announces Commitments for New $500.0 Million Revolving Credit Facility
MONACO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that it has received commitments from a group of financial institutions for a revolving loan of up to $500.0 million (the “Revolving Credit Facility”).
Scorpio Tankers Inc. (STNG) Q3 2024 Earnings Call Transcript
Scorpio Tankers Inc. (NYSE:STNG ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Corporate Participants James Doyle - Head of Corporate Development and IR Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Chris Avella - Chief Financial Officer Lars Dencker Nielsen - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore ISI Greg Lewis - BTIG Ken Hoexter - Bank of America Chris Robertson - Deutsche Bank Frode Mørkedal - Clarkson Securities Liam Burke - B. Riley FBR Ben Nolan - Stifle Operator Hello and welcome to the Scorpio Tankers Third Quarter 2024 Conference Call.
Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2024 and the Declaration of a Dividend
MONACO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
Scorpio Tankers: Top-Notch Fleet And Low LTV At A Steep Discount, Still A Strong Buy
Scorpio Tankers reported a strong 2Q24 with an 81.5% YoY EPS increase and significant debt reduction. Despite short-term headwinds in the CPP market, long-term fundamentals and macro tailwinds support a bullish outlook for product tankers. STNG trades at a 38% discount to NAV, offering an attractive buying opportunity with a top-quality fleet and low leverage. I keep Scorpio's rating a Strong Buy.
Scorpio Tankers Inc. Announces That on October 29, 2024, the Company Plans to Issue Its Third Quarter 2024 Results and Have a Conference Call
MONACO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Tuesday, October 29, 2024, the Company plans to issue its third quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 2:00 PM Central European Time.
Scorpio Tankers: Great Returns Should Stay This And Next Year
Scorpio Tankers is undervalued despite a 43% growth, with strong financials, low debt, and favorable market conditions, making it a "Buy". High TCE rates and operational efficiencies led to significant revenue and net income growth, with management optimistic about short-to-medium-term prospects. The company is reducing debt, optimizing operations, and repurchasing shares, aiming to enhance cash flow and shareholder value amid a high-rate environment.
Scorpio Tankers Announces Vessel Sale Agreement
MONACO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into an agreement to sell its 2019 built LR2 product tanker, STI Lily. The sale price is $73.5 million and the sale is expected to close within the fourth quarter of 2024.
Scorpio Tankers Inc. Announces Purchase of Call Options by the President of the Company
MONACO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 234,300 common shares (or 2,343 call option contracts) of the Company for total consideration of $1.5 million. The call option contracts have a strike price of $67.50 and an expiration of January 2025.
Scorpio Tankers Inc. Announces an Update to its Securities Repurchase Program
MONACO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that since July 30, 2024, the Company has repurchased 2,415,321 of its common shares in the open market at an average price of $72.45 per share under the Company's 2023 Securities Repurchase Program.
Scorpio Tankers Announces Vessel Sales Agreements and a New Time Charter-Out Agreement
MONACO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two vessels and a new time charter-out agreement.
Scorpio Tankers Q2 2024 Earnings: Supportive Market Fundamentals And A Stronger Balance Sheet
Scorpio Tankers' thesis remains at play, with elevated product rates due to increased ton-mile demand from various global events. TCE revenue declined sequentially, but was up 14% (Y/Y). STNG has been deleveraging its balance sheet, reducing the cash break-even level to $12,500 per day. We think the Dangote refinery coming online has increased the ton-mile demand. However, this could be counterproductive once the refinery starts to ramp up gasoline production, reducing imports from Europe.
Scorpio Tankers: H1 2024 Earnings Show That The Company Can Grow More And More
Q2-2024 results: Revenues up 16% year-on-year, net income up 48% year-on-year. Demand for oil tankers is currently higher than supply, leading to pressure on vessel day rates. Vessel day rates remain at historically high levels.
Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2024, the Declaration of a Dividend and an Increase to its Securities Repurchase Program
MONACO, July 30, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and six months ended June 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share.
Scorpio Tankers Inc. Announces That on July 30, 2024, the Company Plans to Issue Its Second Quarter 2024 Results and Have a Conference Call
MONACO, July 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) (“Scorpio Tankers,” or the “Company”) announced today that on Tuesday, July 30, 2024, the Company plans to issue its second quarter 2024 earnings press release in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time.
Scorpio Tankers Inc. Announces Updates on its Securities Repurchase Program and Second Quarter 2024 Daily TCE Revenues
MONACO, June 17, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues.
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