Scorpio Tankers Option Alert: Apr 17 $52.5 Puts Sweep (3) near the Bid: 500 vs 3513 OI; Earnings 5/8 Before Open [est] 

Scorpio Tankers Option Alert: Apr 17 $52.5 Puts Sweep (3) near the Bid: 500 @ $11.287 vs 3513 OI; Earnings 5/8 Before Open [est] Ref=$41.25

Scorpio Tankers (NYSE:STNG) Stock

Scorpio Tankers

Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owned, lease financed, or chartered in vessels spanning three different vessel segments Handymax, MR, and LR2. The company's fleet of tankers is the eco-friendly, and newest fleet on the water hauling clean petroleum products. It provides seaborne transportation of crude oil and refined petroleum products. The company generates the majority of its revenue from LR2.

Scorpio Tankers Inc

<p>Evercore ISI Group  analyst Jonathan Chappell   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Outperform and lowers the price target from $64 to $60.</p>


News

Price Target

Analyst Ratings

STNG

Evercore ISI Group Maintains Outperform on Scorpio Tankers, Lowers Price Target to $60

<p>The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.</p>
<p>Here's the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3 class="wp-block-heading"><strong>New Fortress Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>)</strong></h3>
<ul>
<li>On March 3, New Fortress Energy reported better-than-expected quarterly financial results. "In February 2025, we issued additional notes in Brazil raising $350 million that will be utilized to repay existing debt in Brazil and to add additional liquidity to our balance sheet. In March 2025, we upsized our Term Loan B by an additional $425 million," the company said. The company's stock fell around 26% over the past month and has a <a href="https://www.benzinga.com/quote/NFE">52-week low of $7.82</a>.</li>
<li><strong>RSI Value:</strong> 28.2</li>
<li><strong>NFE Price Action:</strong> Shares of New Fortress Energy dipped 9% to close at $8.98 on Monday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">NFE news</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="911" height="811" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071340/image-59.png" alt="" class="wp-image-818447" style="width:574px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071340/image-59.png 911w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071340/image-59-300x267.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071340/image-59-768x684.png 768w" sizes="(max-width: 911px) 100vw, 911px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Noble Corporation PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></h3>
<ul>
<li>On Feb. 17, Noble Corp posted downbeat quarterly earnings. Robert W. Eifler, President and Chief Executive Officer of Noble, stated &#8220;The fourth quarter capped our first full quarter incorporating the Diamond acquisition, with solid results. We have also had a number of important contract wins recently which collectively have augmented our revenue coverage for 2025 and 2026." The company's stock fell around 26% over the past month and <a href="https://www.benzinga.com/quote/NE">has a 52-week low</a> of $22.05.</li>
<li><strong>RSI Value:</strong> 27.5</li>
<li><strong>NE Price Action:</strong> Shares of Noble dipped 5.5% to close at $23.36 on Monday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the tren<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">d in NE stock</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="921" height="840" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071433/image-60.png" alt="" class="wp-image-818450" style="width:501px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071433/image-60.png 921w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071433/image-60-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071433/image-60-768x700.png 768w" sizes="(max-width: 921px) 100vw, 921px" /></figure></p>
<h3 class="wp-block-heading"><strong>Scorpio Tankers Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>)</strong></h3>
<ul>
<li>On Feb. 12, Scorpio Tankers reported worse-than-expected fourth-quarter financial results.. The company's stock fell around 20% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/STNG">low of $38.03.</a></li>
<li><strong>RSI Value:</strong> 26.8</li>
<li><strong>STNG Price Action:</strong> Shares of Scorpio Tankers fell 3.1% to close at $38.45 on Monday.</li>
<li><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1</a>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">STNG shares</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="897" height="832" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071521/image-61.png" alt="" class="wp-image-818451" style="width:538px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071521/image-61.png 897w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071521/image-61-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/11071521/image-61-768x712.png 768w" sizes="(max-width: 897px) 100vw, 897px" /></a></figure></p>
<p><strong>Read This Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/25/03/44218016/top-3-financial-stocks-that-may-fall-off-a-cliff-in-march">Top 3 Financial Stocks That May Fall Off A Cliff In March</a></strong></li>
</ul>


Long Ideas

Pre-Market Outlook

Markets

Trading Ideas

Top 3 Energy Stocks Which Could Rescue Your Portfolio This Quarter

<p>Stifel  analyst Benjamin Nolan   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Hold and lowers the price target from $51 to $49.</p>


Stifel Maintains Hold on Scorpio Tankers, Lowers Price Target to $49

WIIM

Scorpio Tankers shares are trading lower after the company reported worse-than-expected Q4 financial results.

<p>Jefferies  analyst Omar Nokta   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Buy and maintains $75 price target.</p>


Jefferies Maintains Buy on Scorpio Tankers, Maintains $75 Price Target

<p>Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) reported quarterly earnings of $0.63 per share which missed the analyst consensus estimate of $1.01 by 37.62 percent. This is a 77.09 percent decrease over earnings of $2.75 per share from the same period last year.  The company reported quarterly sales of $203.97 million which missed the analyst consensus estimate of $222.39 million by 8.28 percent.  This is a 39.35 percent decrease over sales of $336.31 million the same period last year.</p>


Earnings

Earnings Misses

Scorpio Tankers Q4 2024 Adj EPS $0.63 Misses $1.01 Estimate, Sales $203.97M Miss $222.39M Estimate

CLNE

DINO

EQNR

Shares of energy stocks are trading higher amid reports that President Donald Trump is preparing to issue a memorandum directing the U.S. Treasury to impose maximum economic pressure on Iran.

TALO

TRGP

VTLE

Shares of oil, gas and tanker companies are trading higher following reports suggesting the US is preparing sanctions against Russian oil and gas.

CGBS

VIST

Shares of oil and gas companies are trading higher after President-elect Donald Trump said that he will reverse President Biden's ban on offshore drilling. Also, natural gas rose on cold weather forecasts.

<p>Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $76.83, a high estimate of $90.00, and a low estimate of $65.00. A decline of 9.08% from the prior average price target is evident in the current average. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1734004830_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive Scorpio Tankers. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Omar Nokta</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$75.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Omar Nokta</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$80.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Jonathan Chappell</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Omar Nokta</td>
<td>Jefferies</td>
<td>Maintains</td>
<td>Buy</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Benjamin Nolan</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$65.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Ken Hoexter</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$71.00</td>
<td>$73.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Scorpio Tankers. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Scorpio Tankers compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Scorpio Tankers's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>To gain a panoramic view of Scorpio Tankers's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/STNG/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Scorpio Tankers analyst ratings.</strong></a></p>
<h2>Discovering Scorpio Tankers: A Closer Look</h2>
<p>Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters in hundred ten product tankers namely thirty nine LR2 tankers, fifty seven MR tankers and forteeen Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products. They provide seaborne transportation of crude oil and refined petroleum products worldwide. The company generates majority of its revenue from MR vessel.</p>
<h3>Unraveling the Financial Story of Scorpio Tankers</h3>
<p><strong>Market Capitalization Analysis:</strong> Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Scorpio Tankers's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately <strong>-7.97%</strong>. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.</p>
<p><strong>Net Margin:</strong> Scorpio Tankers's net margin is impressive, surpassing industry averages. With a net margin of <strong>59.22%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>5.5%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Scorpio Tankers's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>4.04%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.32</strong>.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


6 Analysts Assess Scorpio Tankers: What You Need To Know

<p>Jefferies  analyst Omar Nokta   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Buy and lowers the price target from $80 to $75.</p>


Jefferies Maintains Buy on Scorpio Tankers, Lowers Price Target to $75

<p>Jefferies  analyst Omar Nokta   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Buy and lowers the price target from $90 to $80.</p>


Jefferies Maintains Buy on Scorpio Tankers, Lowers Price Target to $80

<p>Evercore ISI Group  analyst Jonathan Chappell   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Outperform and lowers the price target from $84 to $80.</p>


Evercore ISI Group Maintains Outperform on Scorpio Tankers, Lowers Price Target to $80

<p>Jefferies  analyst Omar Nokta   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Buy and maintains $90 price target.</p>


Jefferies Maintains Buy on Scorpio Tankers, Maintains $90 Price Target

Scorpio Tankers shares are trading lower after the company reported worse-than-expected Q3 financial results.

<p>Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) reported quarterly earnings of $1.75 per share which missed the analyst consensus estimate of $2.17 by 19.35 percent.  The company reported quarterly sales of $267.99 million which missed the analyst consensus estimate of $290.84 million by 7.86 percent.  This is a 7.97 percent decrease over sales of $291.18 million the same period last year.</p>


Scorpio Tankers Q3 2024 Adj EPS $1.75 Misses $2.17 Estimate, Vessel Revenue $267.99M Miss $290.84M Estimate

<p>Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Scorpio Tankers to report an <strong>earnings per share</strong> (EPS) of $2.38.</p>
<p>Scorpio Tankers bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Overview of Past Earnings</h3>
<p>The company's EPS beat by $0.01 in the last quarter, leading to a 0.25% drop in the share price on the following day.</p>
<p>Here's a look at Scorpio Tankers's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>3.59</td>
<td>3.72</td>
<td>2.63</td>
<td>1.52</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>3.60</td>
<td>3.97</td>
<td>2.75</td>
<td>1.91</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-0.0%</td>
<td>1.0%</td>
<td>6.0%</td>
<td>2.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730134912_0.png" alt="eps graph" /></p>
<h3>Scorpio Tankers Share Price Analysis</h3>
<p>Shares of Scorpio Tankers were trading at $62.02 as of October 25. Over the last 52-week period, shares are up 9.2%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analysts' Perspectives on Scorpio Tankers</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Scorpio Tankers.</p>
<p>With 3 analyst ratings, Scorpio Tankers has a consensus rating of Neutral. The average one-year price target is $75.33, indicating a potential 21.46% upside.</p>
<h3>Analyzing Ratings Among Peers</h3>
<p>The analysis below examines the analyst ratings and average 1-year price targets of Plains GP Holdings, Hess Midstream and International Seaways, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.</p>
<ul>
<li>Analysts currently favor an Neutral trajectory for Plains GP Holdings, with an average 1-year price target of $19.0, suggesting a potential 69.36% downside.</li>
<li>As per analysts' assessments, Hess Midstream is favoring an Neutral trajectory, with an average 1-year price target of $39.0, suggesting a potential 37.12% downside.</li>
<li>International Seaways is maintaining an Buy status according to analysts, with an average 1-year price target of $61.0, indicating a potential 1.64% downside.</li>
</ul>
<h3>Insights: Peer Analysis</h3>
<p>Within the peer analysis summary, vital metrics for Plains GP Holdings, Hess Midstream and International Seaways are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Scorpio Tankers</td>
<td>Neutral</td>
<td>15.60%</td>
<td>$247.53M</td>
<td>8.00%</td>
</tr>
<tr>
<td>Plains GP Holdings</td>
<td>Neutral</td>
<td>11.47%</td>
<td>$818M</td>
<td>2.59%</td>
</tr>
<tr>
<td>Hess Midstream</td>
<td>Neutral</td>
<td>12.70%</td>
<td>$314.10M</td>
<td>11.39%</td>
</tr>
<tr>
<td>International Seaways</td>
<td>Buy</td>
<td>-11.91%</td>
<td>$140.54M</td>
<td>7.86%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Scorpio Tankers ranks highest in Gross Profit and Return on Equity among its peers. It is in the middle for Revenue Growth.</p>
<h3>Discovering Scorpio Tankers: A Closer Look</h3>
<p>Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters in hundred ten product tankers namely thirty nine LR2 tankers, fifty seven MR tankers and forteeen Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products. They provide seaborne transportation of crude oil and refined petroleum products worldwide. The company generates majority of its revenue from MR vessel.</p>
<h3>A Deep Dive into Scorpio Tankers's Financials</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Scorpio Tankers's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>15.6%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Scorpio Tankers's net margin is impressive, surpassing industry averages. With a net margin of <strong>59.72%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Scorpio Tankers's ROE excels beyond industry benchmarks, reaching <strong>8.0%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>5.54%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> Scorpio Tankers's debt-to-equity ratio is below the industry average at <strong>0.34</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<p><a href="https://www.benzinga.com/quote/STNG/earnings"><strong>To track all earnings releases for Scorpio Tankers visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


What's Next: Scorpio Tankers's Earnings Preview

Scorpio Tankers shares are trading lower after Stifel downgraded the stock from Buy to Hold and lowered its price target from $90 to $65.

<p>Stifel  analyst Benjamin Nolan   downgrades Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) from Buy to Hold and lowers the price target from $90 to $65.</p>


Downgrades

Stifel Downgrades Scorpio Tankers to Hold, Lowers Price Target to $65

<p>B of A Securities  analyst Ken Hoexter   maintains Scorpio Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STNG#NYSE">STNG</a>) with a Neutral and lowers the price target from $73 to $71.</p>


B of A Securities Maintains Neutral on Scorpio Tankers, Lowers Price Target to $71

Press Releases

General

Shipping: State of Play & What Lies Ahead

Scorpio Tankers Inc. Announces Fixed Income Investor Meetings

Scorpio Tankers Inc. Announces Successful Placement of 5-year Senior Unsecured Bonds

Scorpio Tankers Inc. Announces that on February 13, 2025, the Company Plans to Issue Its Fourth Quarter 2024 Results and Have a Conference Call

Scorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2024 and the Declaration of a Dividend

Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday March 31, 2025, New York City

Gas & Tankers Shipping Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City

Scorpio Tankers Inc. Announces Availability of 2024 Annual Report on Form 20-F

REMINDER: Gas & Tankers Shipping Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City

Scorpio Tankers Inc. Announces that on May 1, 2025, the Company Plans to Issue Its First Quarter 2025 Results and Have a Conference Call

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