Scorpio Tankers Inc. is a leading provider of marine transportation for petroleum products, operating a fleet of 110 tankers, including 39 LR2 (Long Range 2), 57 MR (Medium Range), and 14 Handymax vessels. The company was founded by Emanuele A. Lauro on July 1, 2009, and is headquartered in Monaco.
In 2023, Scorpio Tankers generated $1.35 billion in revenue, with a net income of $567.85 million, translating to earnings per share (EPS) of $10.81. The company’s fleet consists of wholly owned, finance leased, and bareboat chartered-in tankers, divided into four segments: MR, LR2, Handymax, and LR1 (Long Range 1).
FINANCIAL HIGHLIGHTS
(all figures in million, except for per share data)
| Market cap: | $4,840 |
| Share price: | $82.10 |
| Shares outstanding: | 54.5 |
| Revenue: | $1,350m |
| Net income: | $567m |
| EPS: | $10.81 |
| Earnings yield: | 13.2% |