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Scorpio Tankers Inc (STNG.N)

STNG.N on New York Stock Exchange

2.11USD
24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Scorpio Tankers Q2 Adjusted Loss Per Share $0.15 Excluding Items
Tuesday, 31 Jul 2018 06:30am EDT 

July 31 (Reuters) - Scorpio Tankers Inc ::. ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2018, DECLARATION OF A QUARTERLY DIVIDEND, AND A NEW SALE AND LEASEBACK AGREEMENT FOR FOUR PRODUCT TANKERS.Q2 LOSS PER SHARE $0.22.Q2 EARNINGS PER SHARE VIEW $-0.11 -- THOMSON REUTERS I/B/E/S.Q2 ADJUSTED LOSS PER SHARE $0.15 EXCLUDING ITEMS.QTRLY VESSEL REVENUE $141.8 MILLION VERSUS $118.4 MILLION.Q2 REVENUE VIEW $148.7 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Scorpio Tankers Reports Q1 Loss Per Share Of $0.10
Wednesday, 25 Apr 2018 06:24am EDT 

April 25 (Reuters) - Scorpio Tankers Inc ::. ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2018, DECLARATION OF A QUARTERLY DIVIDEND, AND NEW FINANCING INITIATIVES.Q1 LOSS PER SHARE $0.10.Q1 EARNINGS PER SHARE VIEW $-0.08 -- THOMSON REUTERS I/B/E/S.SCORPIO TANKERS - SIGNED TERM SHEETS OR AGREED MAIN TERMS FOR BANK LOANS AND SALE LEASEBACKS TO REFINANCE SOME OF ITS OUTSTANDING SECURED INDEBTEDNESS.Q1 ADJUSTED LOSS PER SHARE $0.10 EXCLUDING ITEMS.CO SIGNED TERM SHEETS THAT, IF CONSUMMATED, WOULD BE EXPECTED TO RAISE $334 MILLION IN AGGREGATE OF NEW LIQUIDITY.TCE REVENUE FOR THREE MONTHS ENDED MARCH 31, 2018 INCREASED $32.8 MILLION TO $153.1 MILLION.  Full Article

Scorpio Tankers Inc Announces Pricing Of Public Offering Of 30 Mln Common Shares
Wednesday, 29 Nov 2017 08:58am EST 

Nov 29 (Reuters) - Scorpio Tankers Inc ::SCORPIO TANKERS INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF 30,000,000 COMMON SHARES.SCORPIO TANKERS INC-PRICED PREVIOUSLY ANNOUNCED UNDERWRITTEN PUBLIC OFFERING AT $3/SHARE​.  Full Article

Scorpio Tankers Announces Public Offering Of Common Shares
Tuesday, 28 Nov 2017 04:09pm EST 

Nov 28 (Reuters) - Scorpio Tankers Inc ::SCORPIO TANKERS INC. ANNOUNCES PUBLIC OFFERING OF COMMON SHARES.SCORPIO TANKERS INC - ‍INTENDS TO OFFER, ISSUE AND SELL TO PUBLIC 30 MILLION SHARES OF ITS COMMON STOCK THROUGH UNDERWRITTEN PUBLIC OFFERING​.SCORPIO TANKERS-‍AS PART OF OFFERING, SCORPIO SERVICES HOLDING EXPRESSED INTEREST TO BUY AT LEAST $20 MILLION OF COMMON SHARES AT PUBLIC OFFERING PRICE​.  Full Article

Scorpio Tankers reports Q3 loss $0.16/shr
Thursday, 16 Nov 2017 06:45am EST 

Nov 16 (Reuters) - Scorpio Tankers Inc :Scorpio Tankers Inc. Announces financial results for the third quarter of 2017.Q3 loss per share $0.16.Q3 earnings per share view $-0.12 -- Thomson Reuters I/B/E/S.Q3 adjusted loss per share $0.15 excluding items.Scorpio Tankers Inc - qtrly ‍vessel revenue $123.1 million versus $114.3 million.Scorpio Tankers Inc - qtrly ‍TCE revenue increased $7.8 million to $121.8 million​.Q3 revenue view $127.9 million -- Thomson Reuters I/B/E/S.  Full Article

Scorpio Tankers reports Q2 loss per share of $0.38
Monday, 18 Sep 2017 06:00am EDT 

Sept 18 (Reuters) - Scorpio Tankers Inc :Scorpio Tankers Inc announces financial results for the second quarter of 2017.Q2 loss per share $0.38.Q2 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S.Q2 adjusted loss per share $0.09 excluding items.Qtrly ‍TCE revenue $117.5 million versus $136.7 million ​.  Full Article

Scorpio Tankers announces Navig8 Product Tankers’ shareholders approve merger
Tuesday, 29 Aug 2017 04:36pm EDT 

Aug 29 (Reuters) - Scorpio Tankers Inc :Scorpio Tankers Inc announces Navig8 Product Tankers’ shareholders approve merger.Scorpio Tankers Inc - ‍At meeting, approximately 94.25% of NPTI shares outstanding were voted, all of which were voted in favor of merger​.Scorpio Tankers Inc - Merger remains subject to customary closing conditions and is expected to close on or about September 1, 2017.  Full Article

Scorpio Tankers Inc announces pricing of public offering of 50 million common shares
Wednesday, 24 May 2017 09:11am EDT 

May 24 (Reuters) - Scorpio Tankers Inc : :Scorpio Tankers Inc announces pricing of public offering of 50 million common shares.Says offering of 50.0 million common shares priced at $4.00per share.  Full Article

Scorpio Tankers to merge with Navig8 Product Tankers
Tuesday, 23 May 2017 04:30pm EDT 

May 23 (Reuters) - Scorpio Tankers Inc :Scorpio tankers inc. Announces merger agreement with navig8 product tankers inc. And the launch of a concurrent public offering of common shares.Scorpio tankers inc - in connection with lr1 vessel acquisitions, scorpio will pay cash consideration of $42.2 million.Scorpio tankers inc - launch of an underwritten public offering of up to $200.0 million of its shares of common stock.Scorpio tankers inc - net proceeds of offering are expected to be used to provide cash to further strengthen co's balance sheet and enhance liquidity.Scorpio tankers inc - cash consideration in connection with lr1 vessel acquisitions is net of assumed debt.Scorpio tankers inc - cash consideration expected to remain with navig8 through closing and will form part of balance sheet of combined company.Scorpio tankers inc - proceeds of offering are also expected to be to fund purchase price of lr1 vessel acquisitions.Scorpio tankers inc - merger has been unanimously approved by board of directors of scorpio.Scorpio tankers inc - consideration for deal reflects a total equity value for navig8 of approximately $228.8 million.Scorpio tankers inc - consideration for deal reflects total enterprise value of approximately $1.1 billion, including assumption of debt.Scorpio tankers inc - through merger, scorpio is acquiring an operating fleet of 27 eco-design product tankers.  Full Article

Scorpio Tankers announces an agreement to sell two Mr Product tankers
Monday, 8 May 2017 06:33am EDT 

May 8 (Reuters) - Scorpio Tankers Inc ::Scorpio Tankers Inc announces an agreement to sell two Mr Product tankers.Scorpio Tankers Inc - deal for approximately $56.4 million.Scorpio Tankers - sales are expected to close in June 2017 at which time co will repay outstanding secured debt for vessels of $27.6 million in aggregate.Scorpio Tankers Inc - will record a write-down of approximately $9.3 million during Q2 of 2017 in connection with entry into agreement.Scorpio Tankers Inc - agreement with an unrelated third party to sell two of its 2013 built mr product tankers.  Full Article

BRIEF-Scorpio Announces Sale, Leaseback Agreements For Five Tankers

* SCORPIO TANKERS ANNOUNCES SALE AND LEASEBACK AGREEMENTS FOR FIVE PRODUCT TANKERS