Company Profile


Scorpio Tankers Inc.(STNG:NYSE)

Scorpio Tankers Inc. (NYSE:STNG)

Stock data as of
17.2


Last: 16.32
Change: 16.95(1618320600%)
Vol: 971000
Open: Tue April 13, 2021 1:30 PM
Low: 0
High: -0.63
Mkt: 1022.439


About Scorpio Tankers Inc.

Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. The firm is engaged on the seaborne transportation of refined petroleum products in the international shipping markets. Scorpio Tankers operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. Each of the Company’s segments represents a different type of vessel with which it operates, with the total number of vessels being around 110. Handymax represents the smaller type of ship that the Company operates with, followed by MR, LR1 and LR2 being the biggest one. The firm operates with ships under its own ownership as well as finance leased or chartered-in.

Recent News

Scorpio Tankers Inc. Announces Purchase of Call Options by President of the Company

Fri, 09 Apr 2021 17:26:00 -0400 - MONACO, April 09, 2021 (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 300,000 common shares (or 3,000 call option contracts) of the Company for total consideration of $408,000. The call option contracts have a strike price of $20.00 and an expiration of July 2021.

Scorpio Tankers Inc. Announces Availability of 2020 Annual Report on Form 20-F

Thu, 01 Apr 2021 16:13:00 -0400 - MONACO, April 01, 2021 (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, 2020 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.

Scorpio Tankers Inc. Announces Closing of $138.2 Million Convertible Note Exchange and New Issuance

Tue, 30 Mar 2021 17:23:00 -0400 - MONACO, March 30, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has closed its previously announced private exchange offer (the “Exchange Offer”), pursuant to which certain holders of the Company's 3.00% Convertible Senior Notes due 2022 (the “Existing Notes”) exchanged $62.1 million in aggregate principal amount of such Existing Notes for $62.1 million in aggregate principal amount of the Company's 3.00% Convertible Senior Notes due 2025 (the “Exchange Notes”). In addition, the Company has closed separate, privately negotiated, agreements with certain investors for the sale (the “Sale”) of $76.1 million in aggregate principal amount of the new 3.00% Convertible Senior Notes due 2025 (the “Purchased Notes” at 100% of par, plus accrued interest from November 15, 2020, and together with the Exchange Notes, the “New Notes”) in a private offering.

Shipping, Containers And Energy Are Potential Beneficiaries From Suez Blockade

Thu, 25 Mar 2021 13:12:39 -0400 - The Suez Canal blockade is potentially worse than Bloomberg and other financial media currently report. There's consensus a longer-duration blockade could be disruptive.

Scorpio Tankers Inc. Announces Purchase of Common Shares by Scorpio Holdings Limited

Mon, 22 Mar 2021 18:19:00 -0400 - MONACO, March 22, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that Scorpio Holdings Limited, a related party, has purchased 40,000 common shares of the Company today in the open market at an average price of $19.56 per share.

Scorpio Tankers Inc. Announces Purchase of Common Shares by Scorpio Services Holding Limited

Fri, 19 Mar 2021 18:31:00 -0400 - MONACO, March 19, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers,” or the “Company”) announced that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 110,000 common shares of the Company today in the open market at an average price of $19.70 per share.

Scorpio Tankers Inc. Announces $138.2 Million Convertible Note Exchange and New Issuance

Fri, 19 Mar 2021 08:20:00 -0400 - MONACO, March 19, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into separate, privately negotiated, agreements with certain holders of its outstanding 3.00% Convertible Senior Notes due 2022 (the “Existing Notes”) to exchange approximately $62.1 million in aggregate principal amount of the Existing Notes for approximately $62.1 million in aggregate principal amount of new 3.00% Convertible Senior Notes due 2025 (the “Exchange Notes” and such transaction, the “Exchange Offer”). In addition, the Company has entered into separate, privately negotiated, agreements with certain investors to issue and sell approximately $76.1 million in aggregate principal amount of the new 3.00% Convertible Senior Notes due 2025 (the “Purchased Notes” at 100% of par, plus accrued interest from November 15, 2020, and together with the Exchange Notes, the “New Notes”) in a private offering.

New Strong Sell Stocks for March 15th

Mon, 15 Mar 2021 09:27:34 -0400 - Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today

Full steam ahead for Wall Street's shipping stocks

Fri, 12 Mar 2021 10:42:15 -0500 - After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns.

Why Nordic American Tankers, Teekay Tankers, and Scorpio Tankers Stocks All Popped Today

Wed, 10 Mar 2021 15:55:00 -0500 - Rising tanker indexes beget rising tanker stock prices.

Source:StockNews