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Scorpio Tankers ( (STNG) ) has issued an announcement.
On January 5, 2026, Scorpio Tankers Inc. announced that it has entered into five-year time charter-out agreements for two of its 2015-built LR2 product tankers, STI Rose and STI Alexis, at a daily rate of $29,000 per vessel, with the charters expected to commence in the first quarter of 2026. The move provides the tanker owner with multi-year earnings visibility on part of its LR2 fleet and underscores its strategy of locking in fixed-rate employment as it simultaneously recycles older assets and invests in newbuildings, a combination that may smooth cash flows and support its positioning in the volatile product tanker market.
The most recent analyst rating on (STNG) stock is a Buy with a $75.00 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’ strong earnings call performance and positive technical indicators are the most significant factors driving the score. The company’s solid profitability and strategic financial management further support its position. However, challenges in revenue and cash flow growth, along with geopolitical uncertainties, present risks that temper the overall score.
To see Spark’s full report on STNG stock, click here.
More about Scorpio Tankers
Scorpio Tankers Inc. is a Monaco-based provider of marine transportation of petroleum products worldwide. The company owns or lease-finances a fleet of 93 product tankers, including LR2, MR and Handymax vessels with an average age of 9.8 years, and is actively renewing and expanding its fleet through planned sales of three LR2 tankers and newbuilding orders for MR, VLCC and LR2 vessels scheduled for delivery between 2026 and 2028.
Average Trading Volume: 869,017
Technical Sentiment Signal: Hold
Current Market Cap: $2.57B
Find detailed analytics on STNG stock on TipRanks’ Stock Analysis page.