Trade Scorpio Tankers Inc. - STNG CFD

Trading Conditions

• Spread: 0.34
• Long position overnight feeLong position overnight feeMargin. Your investment$1,000.00Overnight feeCharges from full value of position-0.026179 %(-$1.05)Trade size with leverage ~ $5,000.00Short position overnight fee ~ $4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investment$1,000.00Overnight feeCharges from full value of position0.003957 %($0.16)Trade size with leverage ~ $5,000.00Short position overnight fee ~ $4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: $1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-$1.05)

• Margin. Your investment: $1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  ($0.16)

Key Stats

• Prev. Close: 69.22
• Open: 70.5
• 1-Year Change: 35.21%
• Day's Range: 68.99 - 70.5

Scorpio Tankers Inc. Company profile

About Scorpio Tankers Inc.

Scorpio Tankers Inc. (Scorpio Tankers) is a Monaco-based company active in the oil transportation industry. The Company is engaged on the seaborne transportation of refined petroleum products in the international shipping markets. Scorpio Tankers operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. Each of the Company’s segments represents a different type of vessel with which it operates, with the total number of vessels being around 110. Handymax represents the smaller type of ship that the Company operates with, followed by MR, LR1 and LR2 being the biggest one. The Company operates with ships under its own ownership as well as finance leased or chartered-in.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Scorpio Tankers Inc. revenues decreased 41% to $540.8M. Net loss totaled $234.4M vs. income of $94.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain on repurchase of Convertible Notes increase from $1M (income) to $5.5M (expense), Depreciation increase of 2% to $197.5M (expense).

Equity composition

Common Stock $0.01 Par, 12/10, 250M auth., 25,123,205 shares issd. Insider own 9.47%. IPO: TBA.