Declared Dividend • May 21
First quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 57% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range. 공시 • May 06
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2026 Scorpio Tankers Inc. Board of Directors declared a quarterly cash dividend of $0.45 per common share, with a payment date of June 15, 2026 to all shareholders of record as of May 29, 2026 (the record date). 공시 • Apr 22
Scorpio Tankers Inc. to Report Q1, 2026 Results on May 05, 2026 Scorpio Tankers Inc. announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 공시 • Apr 16
Scorpio Tankers Inc., Annual General Meeting, May 27, 2026 Scorpio Tankers Inc., Annual General Meeting, May 27, 2026. Location: office of scorpio commercial management s.a.m., l exotique, 99 boulevard du jardin exotique, monaco mc 98000, United States 공시 • Feb 12
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on March 20, 2026 On February 11, 2026, Scorpio Tankers Inc.'s Board of Directors declared a quarterly cash dividend of $0.45 per common share, with a payment date of March 20, 2026 to all shareholders of record as of March 6, 2026 (the record date). 공시 • Jan 29
Scorpio Tankers Inc. to Report Q4, 2025 Results on Feb 12, 2026 Scorpio Tankers Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 12, 2026 공시 • Oct 30
Scorpio Tankers Inc. Declares Quarterly Cash Dividend on Common Share, Payable on December 5, 2025 Scorpio Tankers Inc. announced on October 29, 2025, the Company's Board of Directors declared a quarterly cash dividend of $0.42 per common share, with a payment date of December 5, 2025 to all shareholders of record as of November 14, 2025 (the record date). 공시 • Oct 17
Scorpio Tankers Inc. to Report Q3, 2025 Results on Oct 30, 2025 Scorpio Tankers Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025 공시 • Jul 18
Scorpio Tankers Inc. to Report Q2, 2025 Results on Jul 30, 2025 Scorpio Tankers Inc. announced that they will report Q2, 2025 results on Jul 30, 2025 공시 • May 01
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on June 16, 2025 On April 30, 2025, the Scorpio Tankers Inc.'s Board of Directors declared a quarterly cash dividend of $0.40 per common share, with a payment date of June 16, 2025 to all shareholders of record as of May 30, 2025 (the record date). 공시 • Feb 13
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on March 21, 2025 On February 12, 2025, the Board of Directors of Scorpio Tankers Inc. declared a quarterly cash dividend of $0.40 per common share, with a payment date of March 21, 2025 to all shareholders of record as of March 7, 2025 (the record date). 공시 • Jan 31
Scorpio Tankers Inc. to Report Q4, 2024 Results on Feb 13, 2025 Scorpio Tankers Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 13, 2025 Upcoming Dividend • Nov 15
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 22 November 2024. Payment date: 13 December 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (2.8%). Declared Dividend • Nov 01
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 22nd November 2024 Payment date: 13th December 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 45% over the next 2 years. However, it would need to fall by 88% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$3.31 (vs US$2.01 in 3Q 2023) Third quarter 2024 results: EPS: US$3.31 (up from US$2.01 in 3Q 2023). Revenue: US$268.0m (down 8.0% from 3Q 2023). Net income: US$158.7m (up 58% from 3Q 2023). Profit margin: 59% (up from 35% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is expected to fall by 7.9% p.a. on average during the next 3 years compared to a 1.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. 공시 • Oct 29
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on December 13, 2024 On October 28, 2024, the Scorpio Tankers Inc. Board of Directors declared a quarterly cash dividend of $0.40 per common share, with a payment date of December 13, 2024 to all shareholders of record as of November 22, 2024 (the record date). 공시 • Oct 19
Scorpio Tankers Inc. to Report Q3, 2024 Results on Oct 29, 2024 Scorpio Tankers Inc. announced that they will report Q3, 2024 results on Oct 29, 2024 Declared Dividend • Aug 02
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 38% over the next 3 years. However, it would need to fall by 88% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$4.54 (vs US$2.50 in 2Q 2023) Second quarter 2024 results: EPS: US$4.54 (up from US$2.50 in 2Q 2023). Revenue: US$380.7m (up 16% from 2Q 2023). Net income: US$227.3m (up 72% from 2Q 2023). Profit margin: 60% (up from 40% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is expected to decline by 7.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 36%. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth. 공시 • Jul 30
Scorpio Tankers Inc. Declares a Quarterly Cash Dividend, Payable on September 13, 2024 On July 29, 2024, the Scorpio Tankers Inc.'s Board of Directors declared a quarterly cash dividend of $0.40 per common share, with a payment date of September 13, 2024 to all shareholders of record as of August 15, 2024 (the record date). As of July 29, 2024, there were 53,175,099 common shares of the Company outstanding. 공시 • Jul 18
Scorpio Tankers Inc. to Report Q2, 2024 Results on Jul 30, 2024 Scorpio Tankers Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 30, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.4%). Board Change • Jun 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Niccolo Camerana was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • May 13
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 88% to increase the payout ratio to a potentially unsustainable range. 공시 • May 10
Scorpio Tankers Inc. Declares Quarterly Dividend, Payable on June 28, 2024 Scorpio Tankers Inc. declared a quarterly cash dividend of $0.40 per common share, with a payment date of June 28, 2024 to all shareholders of record as of June 14, 2024 (the record date). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$4.29 (vs US$3.40 in 1Q 2023) First quarter 2024 results: EPS: US$4.29 (up from US$3.40 in 1Q 2023). Revenue: US$391.3m (up 1.8% from 1Q 2023). Net income: US$214.2m (up 11% from 1Q 2023). Profit margin: 55% (up from 50% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. 공시 • Apr 21
Scorpio Tankers Inc., Annual General Meeting, May 30, 2024 Scorpio Tankers Inc., Annual General Meeting, May 30, 2024, at 15:30 Central European Standard Time. Location: the office of Scorpio Commercial Management S.A.M., L’Exotique Boulevard du Jardin Exotique Monaco City Monaco Agenda: To elect one new independent Class II Director and to re-elect one Class II Director to serve until the 2027 annual meeting of Shareholders; to ratify the appointment of PricewaterhouseCoopers Audit as the Company’s independent auditors for the fiscal year ending December 31, 2024; and to transact other such business as may properly come before the Meeting or any adjournment thereof. 공시 • Apr 16
Scorpio Tankers Inc. to Report Q1, 2024 Results on May 09, 2024 Scorpio Tankers Inc. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 25
Full year 2023 earnings released: EPS: US$10.44 (vs US$11.49 in FY 2022) Full year 2023 results: EPS: US$10.44 (down from US$11.49 in FY 2022). Revenue: US$1.34b (down 14% from FY 2022). Net income: US$546.9m (down 14% from FY 2022). Profit margin: 41% (in line with FY 2022). Revenue is forecast to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 29
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 27 March 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.4%). Declared Dividend • Feb 19
Fourth quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 7th March 2024 Payment date: 27th March 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 89% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$10.44 (vs US$11.49 in FY 2022) Full year 2023 results: EPS: US$10.44 (down from US$11.49 in FY 2022). Revenue: US$1.34b (down 14% from FY 2022). Net income: US$546.9m (down 14% from FY 2022). Profit margin: 41% (in line with FY 2022). Revenue is forecast to decline by 4.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. 공시 • Feb 14
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on March 27, 2024 On February 13, 2024, the Board of Directors of Scorpio Tankers Inc. declared a quarterly cash dividend of $0.40 per common share, with a payment date of March 27, 2024 to all shareholders of record as of March 8, 2024 (the record date). 공시 • Jan 30
Scorpio Tankers Inc. to Report Q4, 2023 Results on Feb 14, 2024 Scorpio Tankers Inc. announced that they will report Q4, 2023 results on Feb 14, 2024 Buying Opportunity • Jan 16
Now 20% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be €73.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to decline by 21% in 2 years. Earnings is forecast to decline by 29% in the next 2 years. Buying Opportunity • Dec 27
Now 22% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be €72.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to decline by 21% in 2 years. Earnings is forecast to decline by 31% in the next 2 years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €58.38, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 595% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €72.81 per share. Upcoming Dividend • Nov 22
Upcoming dividend of US$0.35 per share at 2.5% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 6.2% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (2.7%). Buying Opportunity • Nov 14
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be €68.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 89%. Revenue is forecast to decline by 21% in 2 years. Earnings is forecast to decline by 31% in the next 2 years. 공시 • Nov 10
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on December 15, 2023 Scorpio Tankers Inc. announced on November 9, 2023, the Board of Directors declared a quarterly cash dividend of $0.35 per common share, with a payment date of December 15, 2023 to all shareholders of record as of November 30, 2023 (the record date). Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$2.01 (vs US$4.84 in 3Q 2022) Third quarter 2023 results: EPS: US$2.01 (down from US$4.84 in 3Q 2022). Revenue: US$291.2m (down 41% from 3Q 2022). Net income: US$100.4m (down 62% from 3Q 2022). Profit margin: 35% (down from 54% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 89% per year whereas the company’s share price has increased by 86% per year. 공시 • Oct 24
Scorpio Tankers Inc. to Report Q3, 2023 Results on Nov 09, 2023 Scorpio Tankers Inc. announced that they will report Q3, 2023 results on Nov 09, 2023 Reported Earnings • Oct 01
Second quarter 2023 earnings released: EPS: US$2.50 (vs US$3.44 in 2Q 2022) Second quarter 2023 results: EPS: US$2.50 (down from US$3.44 in 2Q 2022). Revenue: US$329.3m (down 19% from 2Q 2022). Net income: US$132.4m (down 31% from 2Q 2022). Profit margin: 40% (down from 47% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 78% per year whereas the company’s share price has increased by 77% per year. 공시 • Sep 23
Scorpio Tankers Inc. Appoints Niccolò Camerana to the Board Scorpio Tankers Inc. announced that effective on September 20, 2023, the Company’s Board of Directors has appointed Niccolò Camerana to the Board, filling the vacancy created after Mr. Alexandre Albertini’s resignation. Mr. Camerana will serve as a Class I Director and the Board has determined that Mr. Camerana is an “independent director” as such term is defined under the Securities Exchange Act of 1934, as amended, and the New York Stock Exchange Listing Manual. Niccolò Camerana has been working for Stellantis (formerly Fiat Chrysler Automobiles) since 2010 and he serves as Principal in Stellantis Ventures (the Corporate Venture Capital fund of Stellantis). From 2003 to 2006 Niccolò worked for PwC in Italy, in its transaction services and audit department. Thereafter, between 2006 and 2009, he worked for UBS Investment Bank in London in its mergers and acquisitions department. During his career within Fiat Group Niccolò covered different roles whereby between 2016 and 2019 he was Head of Debt Capital Markers and Head of Business Development in FCA Bank, and then in 2019 he became responsible for FCA EMEA Business development, up until its merger with the Peugeot Group. Between 2016 and 2023 Niccolò was a member and invitee of the Exor N.V. Board of Directors. Mr. Camerana has an International Baccalaureate Diploma from Sevenoaks School and a degree in International Business Studies from the European Business School of London. Buying Opportunity • Aug 07
Now 20% undervalued Over the last 90 days, the stock is up 7.7%. The fair value is estimated to be €56.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 33% in 2 years. Earnings is forecast to decline by 50% in the next 2 years. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.25 per share at 2.0% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 4.2% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.2%). 공시 • Aug 05
Scorpio Tankers Inc. Announces Resignation of Alexandre Albertini as a Member of the Board of Directors On August 1, 2023, Alexandre Albertini, a member of the board of directors of Scorpio Tankers Inc. resigned from the Board to focus on other professional interests. Mr. Albertini served on the Company's Board since the closing of its initial public offering in April 2010. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$2.50 (vs US$3.44 in 2Q 2022) Second quarter 2023 results: EPS: US$2.50 (down from US$3.44 in 2Q 2022). Revenue: US$329.3m (down 19% from 2Q 2022). Net income: US$132.4m (down 31% from 2Q 2022). Profit margin: 40% (down from 47% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 17% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. 공시 • Aug 03
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023 On August 1, 2023, the Board of Directors of Scorpio Tankers Inc. declared a quarterly cash dividend of $0.25 per common share, with a payment date of September 15, 2023 to all shareholders of record as of August 15, 2023 (the record date). 공시 • Jul 16
Scorpio Tankers Inc. to Report Q2, 2023 Results on Aug 02, 2023 Scorpio Tankers Inc. announced that they will report Q2, 2023 results on Aug 02, 2023 Upcoming Dividend • Jun 05
Upcoming dividend of US$0.25 per share at 2.1% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 3.1% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.5%). Buying Opportunity • May 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be €57.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 31% in 2 years. Earnings is forecast to decline by 39% in the next 2 years. 공시 • May 10
Scorpio Tankers Inc., Annual General Meeting, May 30, 2023 Scorpio Tankers Inc., Annual General Meeting, May 30, 2023, at 09:00 Central European Standard Time. Location: office of Scorpio Commercial Management S.A.M., Le Millenium, 9 Boulevard Charles III, Monaco MC 98000 Monaco City Monaco Agenda: To elect two Class I Directors to serve until the 2026 annual meeting of Shareholders ; to ratify the appointment of PricewaterhouseCoopers Audit as the Company's independent auditors for the fiscal year ending December 31, 2023; to transact other such business as may properly come before the Meeting or any adjournment thereof; and to consider other matters if any. Buying Opportunity • May 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €52.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 31% in 2 years. Earnings is forecast to decline by 43% in the next 2 years. Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: US$11.49 (vs US$4.28 loss in FY 2021) Full year 2022 results: EPS: US$11.49 (up from US$4.28 loss in FY 2021). Revenue: US$1.56b (up 189% from FY 2021). Net income: US$637.3m (up US$871.7m from FY 2021). Profit margin: 41% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Feb 27
Upcoming dividend of US$0.20 per share at 1.3% yield Eligible shareholders must have bought the stock before 06 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 3.5% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (1.4%). 공시 • Feb 18
Scorpio Tankers Inc. (NYSE:STNG) announces an Equity Buyback. Scorpio Tankers Inc. (NYSE:STNG) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of its common shares and senior unsecured notes due 2025. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: US$11.49 (vs US$4.28 loss in FY 2021) Full year 2022 results: EPS: US$11.49 (up from US$4.28 loss in FY 2021). Revenue: US$1.56b (up 189% from FY 2021). Net income: US$637.3m (up US$871.7m from FY 2021). Profit margin: 41% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.1%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Feb 17
Scorpio Tankers Inc. Declares Quarterly Cash Dividend, Payable on or About March 31, 2023 Scorpio Tankers Inc.'s Board of Directors declared a quarterly cash dividend of $0.20 per common share, payable on or about March 31, 2023 to all shareholders of record as of March 7, 2023 (the record date). As of February 15, 2023, there were 59,371,535 common shares of the Company outstanding. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €51.36, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €52.62 per share. 공시 • Feb 01
Scorpio Tankers Inc. to Report Q4, 2022 Results on Feb 16, 2023 Scorpio Tankers Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 16, 2023 Buying Opportunity • Jan 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €52.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 2.5% in 2 years. Earnings is forecast to grow by 51% in the next 2 years. 공시 • Jan 19
Scorpio Tankers Inc. Appoints Auste Vizbaraite as Secretary Effective as of January 12, 2023, Ms. Auste Vizbaraite has been appointed as secretary for Scorpio Tankers Inc. Ms. Vizbaraite also serves as secretary of Eneti Inc. Ms. Vizbaraite has been working for Scorpio Commercial Management S.A.M. since 2018, where she has been overseeing the development and implementation of the Know Your Customer and sanctions procedures. 공시 • Jan 05
Scorpio Tankers Inc. to Report Q4, 2022 Results on Jan 11, 2023 Scorpio Tankers Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 11, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Independent Director Merrick Rayner was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 16 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (0.9%). Reported Earnings • Oct 05
Second quarter 2022 earnings released: EPS: US$3.44 (vs US$0.97 loss in 2Q 2021) Second quarter 2022 results: EPS: US$3.44 (up from US$0.97 loss in 2Q 2021). Revenue: US$405.1m (up 191% from 2Q 2021). Net income: US$191.1m (up US$243.9m from 2Q 2021). Profit margin: 47% (up from net loss in 2Q 2021). Revenue is expected to fall by 8.1% p.a. on average during the next 3 years compared to a 5.0% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 03
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 10 August 2022. Payment date: 15 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (1.1%). Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$3.44 (vs US$0.97 loss in 2Q 2021) Second quarter 2022 results: EPS: US$3.44 (up from US$0.97 loss in 2Q 2021). Revenue: US$405.1m (up 191% from 2Q 2021). Net income: US$191.1m (up US$243.9m from 2Q 2021). Profit margin: 47% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Upcoming Dividend • May 12
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 15 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.3%). Reported Earnings • Apr 29
First quarter 2022 earnings released: US$1.52 loss per share (vs US$1.15 loss in 1Q 2021) First quarter 2022 results: US$1.52 loss per share (down from US$1.15 loss in 1Q 2021). Revenue: US$174.0m (up 30% from 1Q 2021). Net loss: US$84.4m (loss widened 35% from 1Q 2021). Over the next year, revenue is forecast to grow 50%, compared to a 44% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Independent Director Merrick Rayner was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 01 March 2022. Payment date: 15 March 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 15
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$4.28 loss per share (down from US$1.72 profit in FY 2020). Revenue: US$540.8m (down 41% from FY 2020). Net loss: US$234.4m (down 349% from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 36%, compared to a 77% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Nov 25
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 15 December 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.1%). Reported Earnings • Nov 12
Third quarter 2021 earnings released: US$1.34 loss per share (vs US$0.37 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$119.3m (down 33% from 3Q 2020). Net loss: US$73.3m (loss widened 263% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 03
Second quarter 2021 earnings released: US$0.97 loss per share (vs US$2.63 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$139.4m (down 60% from 2Q 2020). Net loss: US$52.8m (down 137% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 01
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 29 September 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.3%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: US$0.97 loss per share (vs US$2.63 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$139.4m (down 60% from 2Q 2020). Net loss: US$52.8m (down 137% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • May 08
First quarter 2021 earnings released: US$1.15 loss per share (vs US$0.85 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$134.2m (down 47% from 1Q 2020). Net loss: US$62.4m (down 234% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS US$1.72 (vs US$0.97 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$915.9m (up 30% from FY 2019). Net income: US$94.1m (up US$142.6m from FY 2019). Profit margin: 10% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. 공시 • Apr 01
Scorpio Tankers Inc. announced that it has received $76.1 million in funding On March 30, 2021, Scorpio Tankers Inc. (NYSE:STNG) closed the transaction. 공시 • Mar 21
Scorpio Tankers Inc. announced that it expects to receive $76.1 million in funding Scorpio Tankers Inc. (NYSE:STNG) announced that it has entered into privately negotiated agreements with certain investors for private placement of 3% convertible senior unsecured notes due 2025 for gross proceeds of approximately $76,100,000 on March 19, 2021. The notes are issue at par having a fixed interest rate of 3% per annum with interest payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2021. The notes will mature on May 15, 2025, unless earlier converted, redeemed or repurchased in accordance with the terms. On the date that the notes are issued, principal will accrete on the principal amount of the notes to maturity, compounded semi-annually, at a rate equal to approximately 5.52% per annum with the accreted principal amount at maturity is equal to 125.3% of par, which together with the 3% interest rate, compounds to a yield-to-maturity of 8.25%. The notes are freely convertible at the option of the holder at any time, for common shares of the company and the company may redeem for cash all or any portion of the notes at a redemption price equal to 100% of the accreted principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date, if the volume weighted average price of the company’s common shares has been at least 125.3% of the conversion price for at least 20 trading days during any 30 consecutive trading day period. The conversion rate for the notes is initially 26.6617 common shares per $1,000 principal amount of notes equivalent to an initial conversion price of approximately $37.507 per share of the company’s common stock, and is subject to adjustment upon the occurrence of certain events. In addition, holders who convert notes in connection with a make-whole fundamental change will, under certain circumstances, be entitled to a make-whole premium in the form of an increase in the applicable conversion rate. Holders of the Notes will have the right to require the company to repurchase such holders’ notes if the company undergoes a fundamental change at a repurchase price equal to 100% of the principal amount of the Notes on the fundamental change repurchase date, plus accrued and unpaid interest, if any, up to, but excluding, such repurchase date. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improved over the past week After last week's 17% share price gain to US$15.30, the stock is trading at a trailing P/E ratio of 10.7x, up from the previous P/E ratio of 9.1x. This compares to an average P/E of 13x in the Oil and Gas industry in Europe. Total return to shareholders over the past three years is a loss of 3.9%. Is New 90 Day High Low • Mar 04
New 90-day high: €13.93 The company is up 46% from its price of €9.54 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €77.89 per share. Upcoming Dividend • Feb 22
Upcoming Dividend of US$0.10 Per Share Will be paid on the 15th of March to those who are registered shareholders by the 1st of March. The trailing yield of 2.4% is below the top quartile of German dividend payers (3.4%), and is lower than industry peers (4.8%). Reported Earnings • Feb 20
Full year 2020 earnings released: EPS US$1.72 (vs US$0.97 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$915.9m (up 30% from FY 2019). Net income: US$94.1m (up US$142.6m from FY 2019). Profit margin: 10% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Feb 20
Revenue misses expectations Revenue missed analyst estimates by 0.3%. Over the next year, revenue is expected to shrink by 19% compared to a 27% growth forecast for the Oil and Gas industry in Germany. 공시 • Feb 09
Scorpio Tankers Inc. to Report Q4, 2020 Results on Feb 18, 2021 Scorpio Tankers Inc. announced that they will report Q4, 2020 results Pre-Market on Feb 18, 2021 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 17% share price gain to US$12.23, the stock is trading at a trailing P/E ratio of 4.5x, up from the previous P/E ratio of 3.8x. This compares to an average P/E of 14x in the Oil and Gas industry in Europe. Total return to shareholders over the past three years is a loss of 29%. Is New 90 Day High Low • Feb 09
New 90-day high: €12.23 The company is up 32% from its price of €9.24 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.90 per share. 공시 • Jan 13
Scorpio Tankers Inc. Announces Update on Financing Activities Scorpio Tankers Inc. announced that it has received a commitment to sell and leaseback three MR product tankers (STI Memphis, STI Soho, and STI Osceola) and one LR2 product tanker (STI Lombard) to AVIC International Leasing Co. Ltd. Upon completion, the Company’s liquidity is expected to increase by about $32 million in aggregate after the repayment of outstanding debt. The terms and conditions of these arrangements are similar to those set forth in the Company’s existing lease financing arrangements. These new lease financing arrangements are subject to certain conditions precedent and the execution of definitive documentation.