Scorpio Tankers (STNG) Company Report

Analyst Coverage

Research analysts who have asked questions during Scorpio Tankers earnings calls.

Liam Burke

B. Riley Financial

6 questions for STNG

Also covers: ALTG, BWMN, CCEC +23 more

Omar Nokta

Jefferies

6 questions for STNG

Also covers: AMKBY, ASC, CCEC +21 more

Christopher Robertson

Deutsche Bank AG

4 questions for STNG

Also covers: EE, GLNG, GNK +4 more

Frode Morkedal

Clarksons Securities AS

4 questions for STNG

Also covers: CLCO, CMBT, DHT +5 more

Benjamin Nolan

Stifel

3 questions for STNG

Also covers: ASC, CDLR, CMRE +17 more

Gregory Lewis

BTIG, LLC

3 questions for STNG

Also covers: ABTC, BLBD, BTDR +27 more

Jonathan Chappell

Evercore ISI

3 questions for STNG

Also covers: ASC, CHRW, CNI +20 more

Ken Hoexter

BofA Securities

3 questions for STNG

Also covers: ARCB, CHRW, CNI +21 more

Chris Robertson

Deutsche Bank

2 questions for STNG

Also covers: EE, GLNG, GNK +3 more

Greg Lewis

BTIG

2 questions for STNG

Also covers: BLBD, BORR, BTDR +14 more

Kristoffer Skeie

Arctic Securities

2 questions for STNG

Also covers: CMBT, ESEA, HAFN +2 more

Tim Chiang

Northland Securities, Inc.

2 questions for STNG

Also covers: IDYA, KALA

Latest news

Recent press releases and 8-K filings for STNG.

Scorpio Tankers Reports Strong Q4 2025 Results and Dividend Increase

STNG

Earnings

Dividends

New Projects/Investments

Scorpio Tankers reported Adjusted EBITDA of $152 million for Q4 2025 and $568 million for the full year 2025.
The company achieved a net cash position of $308 million as of February 12, 2026, a significant reduction from $3.1 billion in net debt in 2021, and maintains approximately $1.7 billion in liquidity.
The quarterly dividend was increased to $0.45 per share, representing a 12.5% year-over-year increase, reflecting confidence in structural cash generation.
The fleet was upgraded by selling 10 older vessels and reinvesting in 10 modern new buildings, contributing to a daily cash break-even of $11,000 per day per vessel.
The market outlook remains positive, with rates improving for five consecutive quarters and momentum continuing into Q1 2026, supported by structural drivers and constrained supply growth.

Feb 12, 2026, 2:00 PM

Transcript

Scorpio Tankers Reports Strong Q4 and Full-Year 2025 Results, Increases Dividend, and Achieves Net Cash Position

STNG

Earnings

Dividends

New Projects/Investments

Scorpio Tankers reported Adjusted EBITDA of $152 million for Q4 2025 and $568 million for the full year 2025, alongside $344 million in net income on an IFRS basis for the year.
The company achieved a net cash position of $308 million as of February 12, 2026, a substantial reduction from $3.1 billion in net debt in 2021, and maintains approximately $1.7 billion in liquidity.
The quarterly dividend was increased to $0.45 per share, representing a 12.5% year-over-year increase, underpinned by strong cash flow generation and a low daily cash breakeven of $11,000 per day per vessel.
The product tanker market has strengthened for five consecutive quarters with momentum continuing into Q1 2026, driven by structural factors like increased ton-mile demand and tightening effective vessel supply.

Feb 12, 2026, 2:00 PM

Transcript

Scorpio Tankers Reports Strong Q4 2025 Results, Achieves Net Cash Position, and Increases Dividend

STNG

Earnings

Dividends

New Projects/Investments

Scorpio Tankers delivered Q4 2025 Adjusted EBITDA of $152 million and full-year 2025 Adjusted EBITDA of $568 million, with net income of $344 million for the full year.
The company achieved a net cash position of $309 million as of February 12, 2026, a significant reduction from $3.1 billion in net debt in 2021, and holds approximately $1.7 billion in liquidity.
The quarterly dividend was increased by 12.5% year-over-year to $0.45 per share.
Scorpio Tankers is upgrading its fleet by selling 10 older vessels and reinvesting in 10 modern new buildings, with 70% of new-building installment payments not due until 2027, 2028, and 2029.
Management highlighted a strong market outlook with rates improving for five consecutive quarters, driven by structural factors like refinery closures and expanding ton-mile demand, with momentum continuing into Q1 2026.

Feb 12, 2026, 2:00 PM

Transcript

Scorpio Tankers Inc. Announces Fourth Quarter and Full Year 2025 Financial Results and Dividend Increase

STNG

Earnings

Dividends

New Projects/Investments

Scorpio Tankers Inc. reported net income of $128.1 million and $2.72 basic earnings per share for the fourth quarter of 2025, and $344.3 million in net income with $7.40 basic earnings per share for the full year 2025.
The company's board of directors declared an increased quarterly cash dividend of $0.45 per share, payable on March 20, 2026.
Time Charter Equivalent (TCE) revenue for Q4 2025 increased by $49.3 million to $241.4 million, with the average daily TCE revenue rising to $28,066 per vessel.
As of February 10, 2026, the company maintained strong liquidity with $937.1 million in unrestricted cash and $767.0 million of undrawn revolver capacity.
Scorpio Tankers has commitments for ten newbuilding vessels (four LR2, four MR, and two VLCCs) with deliveries expected through 2029, and made $154.6 million in unscheduled debt prepayments during the fourth quarter of 2025.

Feb 12, 2026, 11:50 AM

6-K

Scorpio Tankers Announces Fourth Quarter and Full Year 2025 Financial Results and Quarterly Dividend Increase

STNG

Earnings

Dividends

Debt Issuance

Scorpio Tankers Inc. reported net income of $128.1 million and $2.72 basic earnings per share for the three months ended December 31, 2025, an increase from $68.6 million and $1.48 basic EPS in the prior year period.
The company's board of directors declared a quarterly cash dividend of $0.45 per share on its common shares.
Gross debt outstanding decreased from $896.586 million as of September 30, 2025, to $628.433 million as of December 31, 2025, resulting in net debt of $(123.522) million.
TCE revenue for the three months ended December 31, 2025, increased to $241.4 million from $192.1 million in the prior year, with average daily TCE revenue rising to $28,066 per vessel.

Feb 12, 2026, 11:44 AM

Press Release

Scorpio Tankers Inc. Updates on Liquidity, Debt, and Vessel Commitments

STNG

Debt

New Projects/Investments

Scorpio Tankers Inc. reported $628.4 million in total debt and $793.2 million in cash as of January 9, 2026, resulting in net cash of $164.7 million. On a pro forma basis, total debt was $609.2 million and cash was $992.0 million, leading to net cash of $382.7 million.
The company had $783.9 million in availability under its revolving credit facilities as of January 9, 2026.
During the fourth quarter of 2025, Scorpio Tankers completed several vessel sales, including the STI Maestro for $42.0 million, STI Battery, STI Venere, and STI Milwaukee for $32.0 million each, STI Yorkville for $32.0 million, and STI Lobelia for $61.2 million. These sales contributed to significant debt prepayments across various credit facilities.
Scorpio Tankers has newbuilding purchase commitments totaling $572.8 million, with payments scheduled through 2028. This includes $14.2 million already paid in Q1 2026, $26.7 million to be paid in Q1 2026, $57.6 million in Q2 2026, $14.2 million in Q3 2026, $59.2 million in Q4 2026, $212.6 million in 2027, and $188.3 million in 2028.

Jan 13, 2026, 9:14 PM

6-K

Scorpio Tankers Provides Update on Liquidity, Debt, and Newbuilding Commitments

STNG

New Projects/Investments

Guidance Update

Scorpio Tankers Inc. reported a strong liquidity position as of January 9, 2026, with $793.2 million in cash and $783.9 million in available revolving credit facilities, resulting in a net cash position of $164.7 million.
The company's total debt significantly decreased to $628.4 million as of January 9, 2026, from $896.6 million on September 30, 2025, primarily due to $194.1 million in debt prepayments and the repayment of lease obligations during the fourth quarter of 2025.
Scorpio Tankers has newbuilding commitments totaling $572.8 million for two Very Large Crude Carriers (VLCCs), two LR2s, and four MRs, with deliveries scheduled from Q2 2026 through H2 2028.
The company also enhanced its financial position through asset sales, including its remaining DHT Holdings Inc. shares and several product tankers, which contributed to the debt reduction and increased cash.

Jan 13, 2026, 11:44 AM

Press Release

Scorpio Tankers Announces Vessel Sale Agreement

STNG

M&A

New Projects/Investments

Scorpio Tankers Inc. has entered into an agreement to sell the 2015 built scrubber-fitted LR2 product tanker, STI Kingsway, for $57.5 million.
The sale is expected to close within the first or second quarter of 2026.
This is one of four LR2 product tankers that Scorpio Tankers has agreed to sell, with all sales anticipated to close in the first or second quarter of 2026.
The company currently owns or lease finances 93 product tankers and has agreements for four MR newbuildings (expected delivery in 2026 and 2027), two VLCC newbuildings (expected delivery in the second half of 2028), and two LR2 newbuildings (expected delivery in the third quarter of 2027).

Jan 12, 2026, 11:45 AM

Press Release

Scorpio Tankers Inc. Announces Time Charter-Out Agreements

STNG

New Projects/Investments

Guidance Update

Scorpio Tankers Inc. has entered into five-year time charter-out agreements for its STI Rose and STI Alexis LR2 product tankers at a rate of $29,000 per vessel per day, with commencement expected in the first quarter of 2026.
The company currently owns or lease finances 93 product tankers with an average age of 9.8 years.
Scorpio Tankers has also reached agreements for eight newbuildings (four MR, two VLCC, and two LR2) with deliveries scheduled between 2026 and 2028, and expects to sell three LR2 product tankers in the first quarter of 2026.

Jan 5, 2026, 9:14 PM

6-K

Scorpio Tankers Announces Time Charter-Out Agreements

STNG

New Projects/Investments

Scorpio Tankers Inc. has entered into agreements to time charter-out two 2015 built LR2 product tankers, STI Rose and STI Alexis.
Each agreement is for a five-year term at a rate of $29,000 per vessel per day, with commencement expected in the first quarter of 2026.
The company currently owns or lease finances 93 product tankers and has agreements to sell three LR2 product tankers and acquire several newbuildings, including four MR newbuildings, two VLCC newbuildings, and two LR2 newbuildings.