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Complete financial analysis of Scorpio Tankers Inc. (STNG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Scorpio Tankers Inc., a leading company in the Oil & Gas Midstream industry within the Energy sector.
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Scorpio Tankers Inc. (STNG)
About Scorpio Tankers Inc.
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.34B | 1.56B | 540.79M | 915.89M | 704.33M | 585.05M | 512.73M | 522.75M | 755.71M | 342.81M | 207.58M | 115.38M | 82.11M | 38.80M | 27.62M | 39.27M | 30.32M |
| Cost of Revenue | 531.33M | 623.26M | 578.55M | 587.53M | 512.06M | 521.96M | 456.13M | 389.02M | 383.21M | 268.14M | 184.19M | 110.62M | 61.00M | 20.98M | 11.64M | 15.35M | 7.60M |
| Gross Profit | 809.89M | 939.62M | -37.76M | 328.37M | 192.27M | 63.09M | 56.60M | 133.73M | 372.50M | 74.67M | 23.39M | 4.77M | 21.11M | 17.82M | 15.98M | 23.93M | 22.72M |
| Gross Profit Ratio | 60.38% | 60.12% | -6.98% | 35.85% | 27.30% | 10.78% | 11.04% | 25.58% | 49.29% | 21.78% | 11.27% | 4.13% | 25.71% | 45.92% | 57.87% | 60.93% | 74.93% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 106.26M | 88.13M | 52.75M | 66.19M | 62.30M | 52.27M | 47.51M | 54.90M | 65.83M | 48.13M | 25.79M | 11.54M | 11,636.71B | 6,200.09B | 416.91B | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -11,636.70B | -6,200.09B | -416.91B | 0.00 | 0.00 |
| SG&A | 106.26M | 88.13M | 52.75M | 66.19M | 62.30M | 52.27M | 47.51M | 54.90M | 65.83M | 48.13M | 25.79M | 11.54M | 11.64M | 6.48M | 416.91K | 600.36K | 590.77K |
| Other Expenses | -1.51M | 1.98M | 2.06M | 1.50M | -409.00K | -18.44M | 1.53M | -188.00K | 1.32M | -103.00K | -158.00K | -97.00K | 18.46M | 10.18M | 6.83M | 6.98M | 6.48M |
| Operating Expenses | 106.26M | 88.13M | 52.75M | 66.19M | 62.30M | 52.27M | 47.51M | 54.90M | 65.83M | 48.13M | 25.79M | 11.54M | 30.10M | 16.65M | 7.25M | 7.58M | 7.07M |
| Cost & Expenses | 636.07M | 711.39M | 631.29M | 653.71M | 574.35M | 574.23M | 503.64M | 443.92M | 449.04M | 316.27M | 209.98M | 122.15M | 91.10M | 37.64M | 18.89M | 22.93M | 14.67M |
| Interest Income | 19.11M | 7.37M | 3.62M | 1.25M | 8.18M | 4.46M | 1.54M | 1.21M | 145.00K | 203.00K | 1.15M | 35.00K | 51.01K | 36.53K | 4.93K | 35.49K | 142.23K |
| Interest Expense | 166.71M | 169.80M | 144.10M | 154.97M | 186.24M | 186.63M | 116.24M | 104.05M | 89.60M | 20.77M | 2.71M | 8.51M | 7.06M | 3.23M | 699.12K | 1.71M | 1.95M |
| Depreciation & Amortization | 202.50M | 206.84M | 240.25M | 245.82M | 206.97M | 176.72M | 141.42M | 121.46M | 107.36M | 42.62M | 23.60M | 14.82M | 21.82M | 11.17M | 6.83M | 6.98M | 6.48M |
| EBITDA | 916.11M | 1.00B | 146.32M | 490.86M | 343.25M | 149.53M | 96.95M | 186.21M | 412.00M | 115.48M | 21.20M | -3.21M | -57.21M | 10.59M | 10.95M | 23.33M | 22.13M |
| EBITDA Ratio | 68.30% | 68.31% | 28.74% | 55.76% | 48.94% | 29.66% | 29.95% | 38.51% | 54.98% | 20.63% | 10.87% | 6.92% | 96.90% | 33.81% | 73.09% | 65.72% | 78.85% |
| Operating Income | 705.15M | 797.71M | -84.83M | 245.33M | 129.97M | 10.54M | -44.95M | 76.75M | 307.08M | 71.01M | 17.79M | -17.18M | -75.60M | 1.16M | 4.22M | 16.34M | 15.64M |
| Operating Income Ratio | 52.58% | 51.04% | -15.69% | 26.79% | 18.45% | 1.80% | -8.77% | 14.68% | 40.64% | 20.71% | 8.57% | -14.89% | -92.07% | 2.99% | 15.28% | 41.61% | 51.60% |
| Total Other Income/Expenses | -158.25M | -160.46M | -143.93M | -151.21M | -178.46M | -200.61M | -113.29M | -101.65M | -89.34M | -18.92M | -777.00K | -9.36M | -73.74M | -3.98M | -802.44K | -4.16M | -3.59M |
| Income Before Tax | 546.90M | 637.25M | -234.44M | 94.12M | -48.49M | -190.07M | -158.24M | -24.90M | 217.75M | 52.09M | 17.02M | -26.54M | -82,726.59B | -2,822.10B | 3,418.04B | 13.86M | 13.86M |
| Income Before Tax Ratio | 40.78% | 40.77% | -43.35% | 10.28% | -6.88% | -32.49% | -30.86% | -4.76% | 28.81% | 15.20% | 8.20% | -23.00% | -100,751,313.26% | -7,273,839.70% | 12,375,600.00% | 35.29% | 45.73% |
| Income Tax Expense | 0.00 | 53.78M | 146.16M | 156.47M | 185.83M | -37.74M | 117.77M | 103.86M | 90.91M | 22.14M | 2.92M | 8.42M | 73.74M | 3.98M | 5.31M | 4.16M | 3.59M |
| Net Income | 546.90M | 637.25M | -380.60M | -62.35M | -234.32M | -190.07M | -158.24M | -24.90M | 217.75M | 52.09M | 17.02M | -26.54M | -82.73M | -2.82M | 3.42M | 12.19M | 12.05M |
| Net Income Ratio | 40.78% | 40.77% | -70.38% | -6.81% | -33.27% | -32.49% | -30.86% | -4.76% | 28.81% | 15.20% | 8.20% | -23.00% | -100.75% | -7.27% | 12.38% | 31.03% | 39.76% |
| EPS | 10.44 | 11.49 | -6.96 | -1.14 | -4.70 | -5.46 | -7.35 | -1.55 | 13.50 | 3.00 | 1.20 | -6.41 | -28.82 | -1.81 | 6.10 | 21.80 | 21.60 |
| EPS Diluted | 10.03 | 10.03 | -6.96 | -1.11 | -4.70 | -5.46 | -7.35 | -1.55 | 12.00 | 3.00 | 1.10 | -6.41 | -28.82 | -1.81 | 6.10 | 21.80 | 21.60 |
| Weighted Avg Shares Out | 52.37M | 55.46M | 54.72M | 54.67M | 49.86M | 34.81M | 21.53M | 16.07M | 16.14M | 17.36M | 14.65M | 4.14M | 2.87M | 1.56M | 558.91K | 558.91K | 558.91K |
| Weighted Avg Shares Out (Dil) | 54.53M | 63.51M | 54.72M | 56.39M | 49.86M | 34.82M | 21.53M | 16.11M | 19.97M | 17.36M | 14.83M | 4.14M | 2.87M | 1.56M | 558.91K | 558.91K | 558.91K |
Scorpio Tankers Inc. (STNG) Q3 2024 Earnings Call Transcript
Scorpio Tankers Inc. (NYSE:STNG ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Corporate Participants James Doyle - Head of Corporate Development and IR Emanuele Lauro - Chief Executive Officer Robert Bugbee - President Chris Avella -...
Scorpio Tankers (STNG) Q3 Earnings Surpass Estimates
Scorpio Tankers (STNG) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.91 per share a year ago.
Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2024 and the Declaration of a Dividend
MONACO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2024. The Company also announced that its board of directors...
Scorpio Tankers: Top-Notch Fleet And Low LTV At A Steep Discount, Still A Strong Buy
Scorpio Tankers reported a strong 2Q24 with an 81.5% YoY EPS increase and significant debt reduction. Despite short-term headwinds in the CPP market, long-term fundamentals and macro tailwinds support a bullish outlook for product tankers. STNG trades at a 38%...
Scorpio Tankers (STNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Scorpio Tankers (STNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Scorpio Tankers Inc. Announces That on October 29, 2024, the Company Plans to Issue Its Third Quarter 2024 Results and Have a Conference Call
MONACO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG ) ("Scorpio Tankers," or the "Company") announced today that on Tuesday, October 29, 2024, the Company plans to issue its third quarter 2024 earnings press release in the...
Scorpio Tankers: Great Returns Should Stay This And Next Year
Scorpio Tankers is undervalued despite a 43% growth, with strong financials, low debt, and favorable market conditions, making it a "Buy". High TCE rates and operational efficiencies led to significant revenue and net income growth, with management optimistic about short-to-medium-term...
Scorpio Tankers Announces Vessel Sale Agreement
MONACO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into an agreement to sell its 2019 built LR2 product tanker, STI Lily. The sale price is $73.5...
Scorpio Tankers Inc. Announces Purchase of Call Options by the President of the Company
MONACO, Sept. 26, 2024 (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 234,300 common shares (or 2,343 call option...
Scorpio Tankers Inc. Announces an Update to its Securities Repurchase Program
MONACO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that since July 30, 2024, the Company has repurchased 2,415,321 of its common shares in the open market at an average price of...
Source: https://incomestatements.info
Category: Stock Reports