Scorpio Tankers Inc. Overview
Pro stress-test →Scorpio Tankers engages in seaborne transportation of crude oil and petroleum worldwide and has moved from $3.1 billion in net debt in 2021 to a net cash position of roughly $332 million as of early 2026. As of March 2025, its fleet consisted of 99 owned and leased financed tankers, including 38 LR2, 47 MR, and 14 Handymax vessels.
Strategic Profile
Pro stress-test →The company reported strong fourth-quarter results with net income rising to $128.1 million and daily TCE rates increasing year over year, while complementing financial improvement with a higher quarterly dividend of $0.45 per share and continued investment in scrubber-fitted vessels. The company has 10 newbuilding vessels delivering through 2029, all scrubber-fitted.
Competitive Landscape
Pro stress-test →Scorpio Tankers operates a large fleet of product tankers (LR2, MR, and Handymax) in the global seaborne crude oil and petroleum transportation market. The company competes with other major tanker operators and benefits from strong market conditions and improved freight rates. The stock has an average analyst rating of "Moderate Buy" with an average price target of $79.67.
Industry Context
Scorpio Tankers Inc. operates in Seaborne Oil & Petroleum Transportation / Tanker Shipping.
Key facts
Founded: 2009 · Headquarters: Monaco, Monaco · Revenue: $252.65M (Q4 2025)