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STNG 3Q22 Earnings Report Analysis by xxzezo503xx is a document available to read on EtoBox.

What is STNG 3Q22 Earnings Report Analysis about?

This report analyzes Scorpio Tankers Inc. (STNG) and its record third quarter 2022 earnings. STNG posted record EPS of $4.29, exceeding estimates, on strong tanker rates. While rates in the fourth quarter are projected to be lower than Q3, full year 2023 EPS is forecasted to be $9.55. The company aims to continue using cash flows to rapidly pay down debt.

Author

xxzezo503xx

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EN