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STNG

Scorpio Tankers NYSE:STNG Stock Report

Last Price

US$42.04

Market Cap

US$2.3b

7D

6.2%

1Y

116.5%

Updated

02 Oct, 2022

Data

Company Financials +
STNG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends1/6

STNG Stock Overview

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide.

Scorpio Tankers Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Scorpio Tankers
Historical stock prices
Current Share PriceUS$42.04
52 Week HighUS$46.30
52 Week LowUS$11.02
Beta0.48
1 Month Change-1.71%
3 Month Change23.03%
1 Year Change116.48%
3 Year Change24.93%
5 Year Change15.50%
Change since IPO-66.53%

Recent News & Updates

Sep 29

Scorpio Tankers repurchases 225K shares

Scorpio Tankers (NYSE:STNG) has purchased 225,000 shares in the open market at an average price of $40.80 per share as part of the company’s securities repurchase program. Company has a market cap of $2.37B, stock gained 0.40% after hours.

Sep 29
Returns On Capital Are Showing Encouraging Signs At Scorpio Tankers (NYSE:STNG)

Returns On Capital Are Showing Encouraging Signs At Scorpio Tankers (NYSE:STNG)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...

Sep 03
Does Scorpio Tankers (NYSE:STNG) Have A Healthy Balance Sheet?

Does Scorpio Tankers (NYSE:STNG) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Sep 01

Scorpio Tankers: Earnings Turning Strong With A Bullish Chart

Summary Energy equities finished modestly higher in a down August tape. Oil and gas transport stocks have caught a big absolute and relative bid. Scorpio Tankers features big EPS upside and bullish technicals. The Energy and Utilities sectors were the lone areas of the S&P 500 that were in the black during what was a tumultuous month of August. Stocks soared during the first half of last month as optimism about a soft landing, care of a hot U.S. July jobs report and tamer than expected CPI, helped bring down interest rates. The party did not last long. The SPX kissed its 200-day moving average and then turned south. Chair Powell provided a gut punch with his 'painful' message to investors at Jackson Hole, which helped bring about another burst of profit taking after a summer rally. Oil prices wobbled throughout August. Ranging from the mid-$80s to the mid-$90s. Energy equities, though, did relatively well. One foreign small-cap energy name has outpaced even the best sector of the market recently. Energy Finishes Higher In August StockCharts.com According to Bank of America Global Research, Scorpio Tankers (STNG) provides seaborne transport of refined petroleum products worldwide, such as gasoline, heating oil, and fuel oil. Product tankers move refined products from global refineries to points near consuming markets. STNG operates the world's largest, youngest, and most modern fleet of publicly traded product tankers consisting of 131 owned product tankers. STNG largely operates in the spot shipping markets. The Monaco-based $2.4 billion market cap Oil, Gas & Consumable Fuels industry stock within the Energy sector has negative trailing 12-month earnings and pays a low 1.0% dividend yield, according to The Wall Street Journal. On valuation, analysts at BofA see a massive positive profit turnaround this year for STNG. EPS growth is seen moderating in 2023 and 2024, though the Bloomberg consensus earnings outlook is more optimistic. Dividends are seen as increasing at a steady rate over the coming years. With earnings set to climb into positive territory, the forward earnings multiple is just 5.2, according to Seeking Alpha. BofA sees Scorpio generating strong free cash flow this year through 2024. STNG: Earnings, Valuation, Free Cash Flow Forecasts StockCharts.com Looking ahead, Wall Street Horizon has a dividend pay date of Thursday, September 15. The company's Q3 2022 earnings date is unconfirmed for Thursday, October 27, before the open. So there are few catalysts in the near future to spark volatility. Expect price trends to dominate near-term action. STNG Corporate Event Calendar Wall Street Horizon The Technical Take Let's dive into what's happening with price. On a relative basis versus the Vanguard FTSE All-World Ex-US ETF (VEU), Scorpio is busting to fresh 5-year highs. That's a bullish trend against the broad foreign market. Scorpio's Relative Strength StockCharts.com On an absolute basis, I like what I see too. STNG has climbed above its December 2019 peak and is holding there for now. Bulls definitely want to see shares hold the $38 to $40 range. If that breaks, then a bearish false breakdown would trigger and could send shares down to the June low in the upper $20s - that was also the April 2020 peak.

Shareholder Returns

STNGUS Oil and GasUS Market
7D6.2%2.2%-2.5%
1Y116.5%32.0%-23.2%

Return vs Industry: STNG exceeded the US Oil and Gas industry which returned 32% over the past year.

Return vs Market: STNG exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is STNG's price volatile compared to industry and market?
STNG volatility
STNG Average Weekly Movement8.0%
Oil and Gas Industry Average Movement8.0%
Market Average Movement6.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: STNG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: STNG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200926Emanuele Laurohttps://www.scorpiotankers.com

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company’s fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.

Scorpio Tankers Inc. Fundamentals Summary

How do Scorpio Tankers's earnings and revenue compare to its market cap?
STNG fundamental statistics
Market CapUS$2.31b
Earnings (TTM)-US$12.58m
Revenue (TTM)US$846.30m

2.7x

P/S Ratio

-183.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STNG income statement (TTM)
RevenueUS$846.30m
Cost of RevenueUS$358.88m
Gross ProfitUS$487.42m
Other ExpensesUS$500.00m
Earnings-US$12.58m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin57.59%
Net Profit Margin-1.49%
Debt/Equity Ratio28.0%

How did STNG perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

-176%

Payout Ratio