NYSE:STNGOil and Gas
Assessing Scorpio Tankers (STNG) Valuation After Fleet Renewal Moves And Shift To Net Cash
Scorpio Tankers (STNG) has been in focus after outlining a fleet renewal plan that includes selling several LR2 vessels, adding newbuildings across tanker classes, and signing fresh five year time charter agreements.
See our latest analysis for Scorpio Tankers.
Those fleet moves and the shift to a net cash position have arrived alongside a 13.99% 1 month share price return and an 18.90% year to date share price return. The 5 year total shareholder return is very large, and together these...