Scorpio Tankers Stock Today
| STNG Stock | USD 69.84 0.31 0.45% |
Performance1 of 100
| Odds Of DistressLess than 1
|
Scorpio Tankers is trading at 69.84 as of the 23rd of April 2024. This is a 0.45 percent increase since the beginning of the trading day. The stock's lowest day price was 68.33. Scorpio Tankers has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Scorpio Tankers are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco. Scorpio Tankers operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. The company has 53.11 M outstanding shares of which 2.08 M shares are at this time shorted by private and institutional investors with about 2.36 trading days to cover. More on Scorpio Tankers
Moving together with Scorpio Stock
| 0.65 | ET | Energy Transfer LP Aggressive Push | PairCorr |
Moving against Scorpio Stock
| 0.69 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
Follow Valuation Odds of Bankruptcy
Financial Report 7th of May 2024
Scorpio Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Scorpio Tankers' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Scorpio Tankers or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Emanuele Lauro |
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) |
| Financial Strength Based on the key indicators related to Scorpio Tankers' liquidity, profitability, solvency, and operating efficiency, Scorpio Tankers is not in a good financial situation at this time. It has a very high risk of going through financial distress in May. Financial strength of Scorpio Tankers is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
Scorpio Tankers (STNG) is traded on New York Stock Exchange in USA. It is located in 99 Boulevard du Jardin Exotique, Monaco, Monaco, 98000 and employs 24 people. Scorpio Tankers is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Scorpio Tankers's market, we take the total number of its shares issued and multiply it by Scorpio Tankers's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Scorpio Tankers conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 53.11 M outstanding shares of which 2.08 M shares are at this time shorted by private and institutional investors with about 2.36 trading days to cover.
Scorpio Tankers currently holds about 359.53 M in cash with 865.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.44.
Check Scorpio Tankers Probability Of Bankruptcy
Ownership AllocationScorpio Tankers maintains a total of 53.11 Million outstanding shares. Over half of Scorpio Tankers' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Scorpio Tankers. Please watch out for any change in the institutional holdings of Scorpio Tankers as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Scorpio Ownership Details
Scorpio Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Scorpio Tankers jumping above the current price in 90 days from now is about 39.85%. The Scorpio Tankers probability density function shows the probability of Scorpio Tankers stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Scorpio Tankers has a beta of 0.5032. This usually implies as returns on the market go up, Scorpio Tankers average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scorpio Tankers will be expected to be much smaller as well. Additionally, scorpio Tankers has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Scorpio Tankers to move above the current price in 90 days from now is about 39.85 (This Scorpio Tankers probability density function shows the probability of Scorpio Stock to fall within a particular range of prices over 90 days) .
Scorpio Tankers Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Scorpio Tankers market risk premium is the additional return an investor will receive from holding Scorpio Tankers long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Scorpio Tankers. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Scorpio Tankers' alpha and beta are two of the key measurements used to evaluate Scorpio Tankers' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) |
Scorpio Stock Against Markets
Picking the right benchmark for Scorpio Tankers stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Scorpio Tankers stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Scorpio Tankers is critical whether you are bullish or bearish towards Scorpio Tankers at a given time. Please also check how Scorpio Tankers' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Scorpio Tankers without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Scorpio Tankers Corporate Directors
Scorpio Tankers corporate directors refer to members of a Scorpio Tankers board of directors. The board of directors generally takes responsibility for the Scorpio Tankers' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Scorpio Tankers' board members must vote for the resolution. The Scorpio Tankers board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ademaro Lanzara | Lead Independent Director | Profile | |
| Donald Trauscht | Independent Director | Profile | |
| Marianne Okland | Independent Director | Profile | |
| Merrick Rayner | Independent Director | Profile |
How to buy Scorpio Stock?
Before investing in Scorpio Tankers, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Scorpio Tankers. To buy Scorpio Tankers stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Scorpio Tankers. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Scorpio Tankers stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Scorpio Tankers stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Scorpio Tankers stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Scorpio Tankers, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
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The danger of trading Scorpio Tankers is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Scorpio Tankers is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Scorpio Tankers. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Scorpio Tankers is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Scorpio Stock analysis
When running Scorpio Tankers' price analysis, check to measure Scorpio Tankers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scorpio Tankers is operating at the current time. Most of Scorpio Tankers' value examination focuses on studying past and present price action to predict the probability of Scorpio Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scorpio Tankers' price. Additionally, you may evaluate how the addition of Scorpio Tankers to your portfolios can decrease your overall portfolio volatility.
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Is Scorpio Tankers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scorpio Tankers. If investors know Scorpio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scorpio Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.