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The Latest Breaking News from Scorpio Tankers Inc

3 Oil & Gas Stocks Energizing Portfolios This December

The energy market, witnessing a sturdy surge in worldwide energy demand, indicates an upward trajectory for oil prices, creating lucrative opportunities for the energy sector players. Therefore, quality oil and gas stocks Cheniere Energy Partners, L.P. (CQP), Ampol Limited (CTXAY), and Scorpio Tankers (STNG) could be solid buys, energizing the…

StockNews.com · Dec 6, 2023

3 Energy Stocks to Watch as Energy Prices Rise

The energy sector is well-positioned to witness a positive growth trajectory on the backs of the reopening of China and production cuts by OPEC+. Considering that the combination could raise oil prices in the near term, quality energy stocks Scorpio Tankers (STNG), North European Oil Royalty Trust (NRT), and Epsilon…

StockNews.com · May 5, 2023

Eneti Stock Slips Post Q1 Results

Eneti Inc (NYSE:NETI) reported a first-quarter revenue decline of 62.5% year-over-year to $22.44 million, beating the consensus of $18.11 million. GAAP EPS was $0.11 versus $3.84 a year ago. Eneti reported an operating loss of $(11.86) million, compared to a profit of $34.11 million a year ago. EBITDA declined by 72.7% Y/Y to…

Benzinga · May 12, 2022

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H.C. Wainwright Raises Frontline's Price Target Post Merger Announcement

Frontline Ltd's (NYSE:FRO) price target has been raised to $9 (a downside of 8%) from $8 by H.C. Wainwright analyst Magnus Fyhr. The analyst maintains a Neutral rating on the shares. The target price raise comes after the company agreed to merge with Euronav NV (NYSE:EURN), a crude tanker company, to create a tanker powerhouse with a fleet of…

Benzinga · Apr 8, 2022

Beware of These 4 Overvalued Oil Tanker Stocks

The oil tanker industry could face a setback amid the global oil supply crunch as the Russia-Ukraine war continues. It might also take some time for the oil tanker industry to reorganize its routes around the current geopolitical unrest. Hence, we think it might be best to now avoid the…

StockNews.com · Apr 7, 2022

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