Scorpio Tankers (NYSE:STNG) reported Q2 EPS of $3.44, $0.71 better than the analyst estimate of $2.73.
Investors always look for stocks with low P/E ratios as the measure indicates undervaluation. This ratio is obtained by dividing a stock’s current market price with its...
For Immediate ReleaseChicago, IL – May 14, 2020 - Stocks in this week’s article are Scorpio Tankers (NYSE:STNG) Inc. STNG, 21Vianet Group (NASDAQ:VNET) Inc. VNET and...
Take a company’s revenues over a given period of time, subtract the cost of production and you will have its earnings! Right from the top brass to research analysts, earnings...
Scorpio Tankers Inc. (Scorpio Tankers) is a Monaco-based company active in the oil transportation industry. The Company is engaged on the seaborne transportation of refined petroleum products in the international shipping markets. Scorpio Tankers operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. Each of the Company’s segments represents a different type of vessel with which it operates, with the total number of vessels being around 110. Handymax represents the smaller type of ship that the Company operates with, followed by MR, LR1 and LR2 being the biggest one. The Company operates with ships under its own ownership as well as finance leased or chartered-in.