Scorpio Tankers Inc (NYSE:STNG)

North American company
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Market Info - STNG

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Company Info - STNG

  • Market Cap$635.120m
  • SymbolNYSE:STNG
  • IndustryEnergy
  • SectorOil & Gas Midstream
  • Currency
  • ISINMHY7542C1306

Company Profile

Scorpio Tankers Inc is a shipping company based in the Republic of the Marshall Islands. The company is engaged in providing the seaborne transportation of refined petroleum products. It serves its end users in the petroleum supply chain by distributing products like gasoline, heating oil, and fuel oil from refineries. The company manages its business activities in four segments namely LR1, Handymax, LR2, and MR. It generates a vast majority of its revenue from the MR segment.Scorpio Tankers Inc acts as a provider in the transportation of refined petroleum products. The company operates its vessels in the Scorpio LR2 Pool, Scorpio Aframax Pool, Scorpio Panamax Pool, Scorpio MR Pool, and Scorpio Handymax Pool.

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