STNG

Scorpio Tankers Inc

Industrial/Transportation


Presented:05/10/2017
Price:$43.20
Cap:$0.70B
Current Price:$66.70
Cap:$3.55B

Presented

Date05/10/2017
Price$43.20
Market Cap$0.70B
Ent Value$2.57B
P/E RatioN/A
Book Value$75.00
Div Yield0.95%
Shares O/S16.27M
Ave Daily Vol282,601
Short Int6.04%

Current

Price$66.70
Market Cap$3.55B
Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products worldwide. The company operates through the following business segments: Handymax, MR, Panamax/LR1, and Aframax/LR2. The Handymax segment includes the vessels STI Conqueror, STI Matador, STI Gladiator, and STI Highlander. The MR segment comprises the vessels STI Coral and STI Diamond. The Panamax/LR1 segment constitutes the vessels STI Harmony and STI Heritage. The Aframax/LR2 segment includes the vessels STI Spirit and Khawr Aladid. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.

Please note, this stock split on 1/18/2019 at a ratio of 1/10. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $4.32.

Publicly traded companies mentioned herein: Scorpio Tankers Inc (STNG)

Highlights

The presenter is long shares of Scorpio Tankers (STNG), a shipping company specializing in product tankers, forecasting structurally favorable supply/demand dynamics for refined products shipping over the next few years. By his thesis, STNG shares could triple as day rates for product tankers improve. He believes STNG can generate $3.00 of free cash flow per share in the next couple of years, which translates to a $12 share price on a 4x free cash multiple.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.