NYSE:STNGOil and Gas
Is Scorpio Tankers (STNG) Pricing In Recent Share Gains And Strong DCF Upside Potential
If you are wondering whether Scorpio Tankers is still fairly priced after a strong run, this article walks through what the current share price could imply about value.
The stock last closed at US$63.62, with returns of 8.7% over 7 days, 25.2% over 30 days, 28.0% year to date, and 38.5% over 1 year. This naturally raises questions about how much of the story is already reflected in the price.
Recent news around product tanker market conditions, fleet supply and demand, and refined product...