| Scorpio Tankers Inc. (STNG) Q1 2025 Earnings Call Transcript |
Scorpio Tankers Inc. (NYSE:STNG ) Q1 2025 Earnings Conference Call May 1, 2025 9:00 AM ET Company Participants James Doyle – Head-Corporate Development and Investor Relations Emanuele Lauro – Chief Executive Officer Chris Avella – Chief Financial Officer Lars Dencker Nielsen – Chief Commercial Officer Robert Bugbee – President Conference Call Participants Omar Nokta – Jefferies Chris Robertson – Deutsche Bank Liam Burke – B. Riley Frode Morkedal - Clarkson Securities Operator Hello and welcome to the Scorpio Tankers Inc. First Quarter 2025 Conference Call. |
seekingalpha.com |
2025-05-01 17:32:30 |
Czytaj oryginał (ang.) |
| Scorpio Tankers (STNG) Q1 Earnings and Revenues Surpass Estimates |
Scorpio Tankers (STNG) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $3.97 per share a year ago. |
zacks.com |
2025-05-01 13:00:42 |
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| Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2025 and the Declaration of a Dividend |
MONACO, May 01, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2025. 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. |
globenewswire.com |
2025-05-01 10:45:00 |
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| Earnings Preview: Scorpio Tankers (STNG) Q1 Earnings Expected to Decline |
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-24 15:08:29 |
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| Scorpio Tankers Inc. Announces that on May 1, 2025, the Company Plans to Issue Its First Quarter 2025 Results and Have a Conference Call |
MONACO, April 18, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Thursday, May 1, 2025, the Company plans to issue its first quarter 2025 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. |
globenewswire.com |
2025-04-18 11:44:00 |
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| Are Investors Undervaluing Scorpio Tankers (STNG) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-04-16 14:46:18 |
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| Scorpio Tankers (STNG) Surges 11.0%: Is This an Indication of Further Gains? |
Scorpio Tankers (STNG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. |
zacks.com |
2025-04-08 15:55:35 |
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| Scorpio Tankers: Priced Like It's Peaking, Performing Like It's Just Beginning |
Scorpio Tankers boasts a modern fleet and high profitability, trading at a P/E GAAP (TTM) of less than 3 and a dividend yield over 4%. The company benefits from structural trends like shifting global refining capacity and stable demand for refined petroleum products, despite cyclical market perceptions. Financially robust, Scorpio's net profit margin exceeds 53.7%, and its EV/EBITDA ratio is only 2.93, indicating operational excellence and a lean structure. |
seekingalpha.com |
2025-04-04 13:26:37 |
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| 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. |
globenewswire.com |
2025-03-21 19:22:00 |
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| 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. |
seekingalpha.com |
2025-02-13 13:16:37 |
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| Scorpio Tankers (STNG) Beats Q4 Earnings Estimates |
Scorpio Tankers (STNG) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $2.75 per share a year ago. |
zacks.com |
2025-02-12 21:21:11 |
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| 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. |
globenewswire.com |
2025-02-12 19:00:00 |
Czytaj oryginał (ang.) |
| Earnings Preview: Scorpio Tankers (STNG) Q4 Earnings Expected to Decline |
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-06 13:06:26 |
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| 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. |
globenewswire.com |
2025-01-30 18:21:00 |
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| 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. |
globenewswire.com |
2025-01-16 11:55:00 |
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| 5 Explosive Dividend Growers To Put On Your Radar In 2025 |
These five stocks may deliver big dividend raises. I'm talking potential payout hikes starting at 20%. |
forbes.com |
2025-01-14 11:00:00 |
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| 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. |
globenewswire.com |
2025-01-12 17:26:00 |
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| 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. |
globenewswire.com |
2025-01-06 14:36:00 |
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| 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. |
seekingalpha.com |
2024-12-21 08:26:19 |
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| 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”). |
globenewswire.com |
2024-12-12 18:14:00 |
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| 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. |
seekingalpha.com |
2024-10-29 15:03:07 |
Czytaj oryginał (ang.) |
| Scorpio Tankers (STNG) Q3 Earnings Surpass Estimates |
Scorpio Tankers (STNG) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.91 per share a year ago. |
zacks.com |
2024-10-29 10:56:08 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-10-29 08:41:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-10-25 02:38:56 |
Czytaj oryginał (ang.) |
| Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release |
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-22 15:05:40 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-10-18 20:15:00 |
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| 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. |
seekingalpha.com |
2024-10-03 14:23:39 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-10-01 12:30:00 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-09-26 20:15:00 |
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| 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. |
globenewswire.com |
2024-09-09 10:45:00 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-09-03 10:45:00 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-08-10 07:37:04 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-08-01 07:07:15 |
Czytaj oryginał (ang.) |
| Scorpio Tankers (STNG) Q2 Earnings and Revenues Beat Estimates |
Scorpio Tankers (STNG) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.52 per share. This compares to earnings of $2.41 per share a year ago. |
zacks.com |
2024-07-30 12:55:49 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-07-30 10:45:00 |
Czytaj oryginał (ang.) |
| Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release |
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-07-23 15:06:26 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-07-17 20:36:00 |
Czytaj oryginał (ang.) |
| 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. |
globenewswire.com |
2024-06-17 10:45:00 |
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