Invest Now and Reap the Benefits of Scorpio Tankers Stock!
February 12, 2023
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Scorpio Tankers ($NYSE:STNG) Inc. is one of the leading tanker companies in the world, and is renowned for their comprehensive fleet of tanker vessels capable of transporting refined petroleum products, chemicals and other liquid bulk cargoes. With headquarters located in Monaco, Scorpio Tankers has a presence in several countries including the United States, the United Kingdom, and Singapore. The company has also recently announced an increase in their dividend yield, which has further contributed to their stock performance.
Additionally, they engage in proactive environmental initiatives such as reducing emissions, further improving their sustainability credentials. Scorpio Tankers Inc. is also well-positioned to benefit from the rising demand for transporting liquid bulk cargoes across regions, which has been positively affected by the rising global energy needs. As the world economy continues to grow, this will drive up the demand for Scorpio Tankers’ services and consequently, their stock price. In conclusion, investing in Scorpio Tankers Inc. stock is an excellent opportunity for investors looking to reap the benefits of a great Buy-In Opportunity. With a growing demand for their services, high dividends, and numerous sustainability initiatives, Scorpio Tankers Inc. is sure to be a great choice for any investor who is looking for strong returns on their investment.
Market Price
Investing in the stock of Scorpio Tankers Inc. has the potential to bring significant returns for shareholders. On Friday, Scorpio Tankers Inc. opened at $57.8, which was higher than the previous day’s closing price of $57.3. The stock closed the day at $57.6, which was 0.5% higher than the previous closing price. This indicates that there is potential for the stock to further increase in value over the coming months. Scorpio Tankers Inc. is involved in the transportation of crude oil and petroleum products worldwide and owns and operates a fleet of tankers. This provides investors with the opportunity to benefit from long-term growth as the demand for crude oil and petroleum products is increasing continuously. The company has an experienced management team which is focused on delivering consistent financial performance.
With a strong balance sheet and good cash flow, Scorpio Tankers Inc. is well positioned to deliver robust returns in the near future. The company also has a solid track record of financial performance and has been consistently meeting or exceeding expectations of investors. This makes it a reliable option for those looking for long-term investments with minimal risks. Overall, investing in Scorpio Tankers Inc. stock could be a great opportunity for investors looking to benefit from long-term growth in the sector. With its strong financial performance and reliable management team, Scorpio Tankers Inc. is well suited to deliver substantial returns in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Scorpio Tankers. More…
| Total Revenues | Net Income | Net Margin |
| 1.22k | 326.86 | 29.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Scorpio Tankers. More…
| Operations | Investing | Financing |
| 503.21 | 577.4 | -805.39 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Scorpio Tankers. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.65k | 2.53k | 32.66 |
Key Ratios Snapshot
Some of the financial key ratios for Scorpio Tankers are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.2% | 76.6% | 39.0% |
| FCF Margin | ROE | ROA |
| 38.7% | 14.6% | 6.4% |
Analysis
SCORPIO TANKERS has been analyzed by GoodWhale for its wellbeing. The risk rating assigned to the company is low, indicating that it is a low risk investment from both a financial and a business perspective. GoodWhale has detected one risk warning in the balance sheet of SCORPIO TANKERS. To be able to view the warning and get more information, one needs to register with GoodWhale. GoodWhale conducts thorough analysis of companies to provide investors with detailed and reliable information regarding the company’s performance and stability. The risk rating system is designed to assess companies and give indications as to whether they are suitable investments given their financial and business history. For SCORPIO TANKERS, the risk rating is low, which implies that the company is stable and reliable. GoodWhale has unearthed one risk warning in the balance sheet of SCORPIO TANKERS. Although the risk rating is low, this warning might cause investors to reconsider their investments. To view the risk warning and get more information about SCORPIO TANKERS, one has to register with GoodWhale. With access to more detailed information, investors can make informed decisions regarding their investments in SCORPIO TANKERS. In conclusion, SCORPIO TANKERS is a low risk investment in terms of both financial and business aspects. GoodWhale has detected one risk warning in the balance sheet of the company which might be a cause for concern for investors. To view the warning and get more information about the company, one has to register with GoodWhale. More…
Peers
Scorpio Tankers Inc is one of the largest tanker shipping companies in the world. Founded in 2009, the company is headquartered in Monaco. Scorpio Tankers Inc has a fleet of over 100 tankers and operates in over 30 countries. The company’s main competitors are TORM PLC, Petro Times JSC, and Pilipinas Shell Petroleum Corp.
– TORM PLC ($LTS:0RG4)
In 2022, Dorman Products, Inc. had a market capitalization of $16.22 billion and a return on equity of 17.86%. Dorman Products, Inc. is a leading supplier of original equipment dealer “exclusive” automotive and heavy duty replacement parts, automotive hardware, brake parts, and fasteners to the automotive aftermarket.
– Petro Times JSC ($HNX:PPT)
Pilipinas Shell Petroleum Corporation is a publicly listed company in the Philippines with a market capitalization of 28.95 billion as of 2022. The company is engaged in the business of refining, marketing, and distributing petroleum products in the Philippines. The company has a return on equity of 17.04%.
Summary
Scorpio Tankers Inc. is a global provider of shipping transportation services for liquid bulk commodities. The company’s stock has been receiving positive news coverage lately, and investing in it can bring many potential benefits.
Additionally, it has an industry leading scale and low cost base, making it a highly attractive investment choice. It has a strong balance sheet and low leverage, allowing it to maintain low financing costs and increase equity values. Investing in Scorpio Tankers could potentially provide long-term capital appreciation and income, making it a worthwhile consideration for any investor.
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