Scorpio Tankers Inc. Common Shares (STNG) Company Bio
Scorpio Tankers engages in the seaborne transportation of refined petroleum products and crude oil worldwide. The company was founded in 2009 and is based in Monaco, Monaco.
STNG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for STNG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Scorpio Tankers Inc ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. In terms of the factors that were most noteworthy in this DCF analysis for STNG, they are:
The company's balance sheet shows it gets 17% of its capital from equity, and 83% of its capital from debt. Notably, its equity weight is greater than only 22.05% of US equities in the Energy sector yielding a positive free cash flow.
Scorpio Tankers Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Scorpio Tankers Inc? See CLR, CVI, EXTN, GLOG, and KLXE.
MONACO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Scorpio Tankers, Inc. (NYSE: STNG) (“Scorpio Tankers”, or the “Company”) announced today an update on daily TCE rates. Below is a summary of the estimated average daily Time Charter Equivalent ("TCE") revenue (see definition below) and duration of contracted pool activities (voyages and time charters) for the Company's vessels as of today for the three months ending September 30, 2020. For the three months ending September 30, 2020 Pool Total average daily TCE revenue (1)% of days (1) LR2 $ 19,25090% LR1 18,50090% MR 14,25080% Handymax 10,00085% > (1) TCE revenue, a Non-IFRS measure, is vessel revenues less voya...
Scorpio Tankers (STNG) approves $250M share repurchase program.The new plan includes its common stocks, convertible notes due 2022 and senior unsecured notes due 2025.Update on the Repurchase: July 1, 2020 till date, STNG repurchased $52.3M FV of its convertible notes due 2022 at an average price of $894.12 per $1,000...
Shares of oil transporter Scorpio Tankers (NYSE: STNG) are up a strong 14.9% as of 1:35 p.m. EDT, as investors continue buying. Turns out, though, investors aren't the only ones buying heavily into the company. Scorpio Tankers is doing some buying of its own.
MONACO, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced an update on the repurchase of the Company’s securities and a new $250 Million Securities Repurchase Program.Repurchase of SecuritiesBetween July 1, 2020 and today, the Company repurchased $52.3 million face value of its Convertible Notes due 2022 at an average price of $894.12 per $1,000 principal amount, or $46.7 million. The current outstanding face value of the Convertible Notes due 2022 is $151.2 million.So far in September 2020, the Company has acquired an aggregate of 1,170,000 of its common shares at an average price of $11.18 per share for a total of $13.1 million; the repurchased shares are being held as treasury shares.New $250 Million Securities Repurc...