Scorpio Tankers Announces Key Board Elections and Auditor Appointment

Scorpio Tankers ( (STNG) ) has issued an announcement.

On May 28, 2025, Scorpio Tankers Inc. held its annual meeting of shareholders, where key decisions were made, including the election of Cameron Mackey, Marianne Økland, and Sujata Parekh Kumar as Class III Directors until 2028. Additionally, the shareholders ratified the appointment of PricewaterhouseCoopers Audit as the independent auditors for the fiscal year ending December 31, 2025. These decisions are expected to reinforce the company’s governance structure and ensure financial oversight, potentially impacting its operational stability and stakeholder confidence.

The most recent analyst rating on (STNG) stock is a Hold with a $65.00 price target. To see the full list of analyst forecasts on Scorpio Tankers stock, see the STNG Stock Forecast page.

Spark’s Take on STNG Stock

According to Spark, TipRanks’ AI Analyst, STNG is a Outperform.

Scorpio Tankers is financially robust with strong profitability and efficient cash flow management, making it attractive from a valuation standpoint. The positive outlook from the earnings call further supports this view, despite technical indicators suggesting short-term weakness and global uncertainties posing risks.

To see Spark’s full report on STNG stock, click here.

More about Scorpio Tankers

Scorpio Tankers Inc. operates in the shipping industry, focusing on the transportation of refined petroleum products. The company is known for its fleet of modern tankers, which serve various global markets.

Average Trading Volume: 941,811

Technical Sentiment Signal: Sell

Current Market Cap: $2.02B

Learn more about STNG stock on TipRanks’ Stock Analysis page.