IMO 2020 Drives Lower Fuel Costs And Creates Additional Demand For Scorpio Tankers, Inc. [Seeking Alpha]
Scorpio Tankers Inc. Common Shares (STNG)
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am
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scorpiotankers.com/investors/shareholder-services/stock-price-information
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Source: Seeking Alpha
Seeking Alpha | Services Editors' Picks IMO 2020 Drives Lower Fuel Costs And Creates Additional Demand For Scorpio Tankers, Inc. Oct. 30, 2019 8:00 AM ET About: Scorpio Tankers Inc. (STNG) by: 1035 Capital Management , growth at reasonable price, small-cap, micro-cap Summary STNG is well situated to benefit from the anticipated spread between high and low Sulfur fuel driven by the implementation of IMO 2020 fuel standards, a significant regulatory catalyst. STNG has the most scrubbers of any tanker company allowing it to take advantage of much cheaper high sulfur fuel oil and drive improved margins and cash flow. As the most modern and largest product tanker fleet in the world, STNG is best positioned to handle the associated increased demand to ship distillates as a result of IMO. The recent surge in spot prices is driving significant operating leverage and earnings growth for STNG which should be supported by the product tanker shipping market fundamentals. The company is also po
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High impacting Scorpio Tankers Inc. Common Shares news events
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STNG
News
- Scorpio Tankers Inc. (NYSE: STNG) had its price target lowered by analysts at Jefferies Financial Group Inc. from $90.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
- Scorpio Tankers Inc. (NYSE: STNG) had its price target lowered by analysts at Evercore ISI from $84.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
- Scorpio Tankers Inc. (NYSE: STNG) had its "buy" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $90.00 price target on the stock.MarketBeat
- Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2024 and the Declaration of a DividendGlobeNewswire
- Scorpio Tankers: Top-Notch Fleet And Low LTV At A Steep Discount, Still A Strong Buy [Seeking Alpha]Seeking Alpha
STNG
Earnings
- 10/29/24 - Beat
STNG
Sec Filings
- 10/29/24 - Form 6-K
- 10/21/24 - Form 6-K
- 10/4/24 - Form 144
- STNG's page on the SEC website