Scorpio Tankers Stock Price, News & Analysis

Scorpio Tankers (NYSE:STNG) announced agreements to sell four 2014-built, scrubber-fitted MR product tankers—STI Battery, STI Venere, STI Milwaukee and STI Yorkville—for $32.0 million per vessel, with closings expected within Q1 2026. Each sold vessel currently carries $7.3 million of outstanding debt under the company’s 2023 $225.0 million revolving credit facility.

The company will purchase four scrubber-fitted MR newbuilding resales at Jingjiang Nanyang Shipbuilding for $45.0 million per vessel, with deliveries scheduled in Q2 2026, Q3 2026, Q1 2027, and Q2 2027. Management said the transactions improve the fleet age profile and quality while requiring minimal incremental capital expenditure.

Scorpio Tankers (NYSE: STNG) reported Q3 2025 net income of $84.5 million ($1.81 basic, $1.73 diluted) and adjusted net income $72.7 million ($1.56 basic). The board declared a $0.42 quarterly cash dividend payable Dec 5, 2025 to holders of record Nov 14, 2025. As of Oct 28, 2025, unrestricted cash was $626.7 million with $788.3 million undrawn revolver capacity and pro‑forma gross debt of $881.8 million (net debt $255.1 million).

Material actions include announced unscheduled prepayments totaling $154.6 million (expected Q4 2025) and expected vessel sale proceeds of $159.5 million to close in Q4 2025.

Scorpio Tankers (NYSE: STNG) will issue its Third Quarter 2025 earnings release on Thursday, October 30, 2025 in the morning EDT and host a conference call at 9:00 AM Eastern Daylight Time (2:00 PM Central European Time).

The live webcast will be available on the company website www.scorpiotankers.com and at the provided webcast link; participants should register about 10 minutes before the start. Telephonic access: US/Canada 1-833-636-1321 and International +1-412-902-4260. Callers should request to join the Scorpio Tankers call and dial in ~10 minutes early. The company notes teleconference information is accurate only at call time.

Scorpio Tankers (NYSE:STNG) has announced significant vessel sales and provided a debt update, showcasing strong financial management. The company has agreed to sell two 2019-built scrubber-fitted LR2 product tankers for $61.2 million each, with closings expected in Q4 2025.

The company's financial position shows remarkable improvement, with net debt potentially approaching zero. As of September 25, 2025, pro-forma figures indicate net debt of $131.3 million, down from $290.8 million, with gross debt of $814.7 million offset by $683.4 million in cash. Additionally, STNG has sold 4.78 million DHT Holdings shares at an average price of $12.50 per share during Q3 2025.

Scorpio Tankers (NYSE:STNG) has announced an agreement to sell its STI Maestro, a 2020-built scrubber-fitted MR product tanker. The vessel sale is priced at $42.0 million and is anticipated to be completed in Q4 2025.

Scorpio Tankers (NYSE:STNG) has announced a significant time charter-out agreement for its 2014-built LR2 product tanker, STI Orchard, securing a five-year contract at $28,350 per day starting Q3 2025.

The company also provided Q3 2025 TCE rate updates across its fleet segments: LR2 vessels are achieving $32,700 per day in the pool/spot market and $31,500 for time charters, MR tankers are earning $23,500 and $22,500 respectively, while Handymax vessels are securing $20,500 and $23,000 per day. The company maintains high fleet utilization with 86% of LR2, 85% of MR, and 67% of Handymax expected revenue days in pool and spot markets.

Scorpio Tankers (NYSE:STNG) reported Q2 2025 financial results with net income of $73.5 million ($1.59 basic EPS), down from $227.3 million in Q2 2024. The company declared a quarterly dividend of $0.40 per share, payable August 29, 2025.

Key Q2 2025 operational metrics include average daily TCE revenue of $33,185 for LR2 vessels, $20,421 for MR vessels, and $22,698 for Handymax vessels. The company maintains strong liquidity with $472.7 million in unrestricted cash and $833.7 million in undrawn revolver capacity.

Notable developments include a new bareboat charter agreement for MR tanker STI Bosphorus, purchase options exercised on three vessels, and strategic time charter extensions for three LR2 vessels at $31,000 per day.

Scorpio Tankers (NYSE:STNG) has scheduled its second quarter 2025 earnings release and conference call for July 30, 2025. The company will release its Q2 2025 earnings in the morning (EDT) and host a conference call at 9:00 AM EDT / 3:00 PM CEST.

Investors can access the conference call through Scorpio Tankers' website or via telephone. For the webcast, participants should register approximately 10 minutes before the start time. The call will be accessible through US/Canada dial-in (1-833-636-1321) and international dial-in (+1-412-902-4260).

Scorpio Tankers (NYSE: STNG) reported its Q1 2025 financial results, with net income of $58.2 million ($1.26 basic EPS), down from $214.2 million in Q1 2024. The company declared a quarterly cash dividend of $0.40 per share, payable on June 16, 2025. The company's fleet performance showed average daily TCE revenue of $34,000 for LR2 vessels, $21,000 for MR vessels, and $23,000 for Handymax vessels in the spot market.

Key financial highlights include strong liquidity with $397.0 million in unrestricted cash and $838.2 million in undrawn revolver capacity. The company executed several financing initiatives, including a new $500.0 million revolving credit facility and placement of $200.0 million in senior unsecured bonds due 2030. Total gross debt outstanding as of April 30, 2025, was $932.4 million.