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Scorpio Tankers Announces Board Change with COO Retaining Role

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Scorpio Tankers Announces Board Change with COO Retaining Role

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Scorpio Tankers ( (STNG) ) just unveiled an update.

On October 19, 2025, Scorpio Tankers Inc. announced the resignation of Cameron Mackey from his position as director, although he will continue to serve as the Chief Operating Officer. This change in the board does not stem from any disagreements with the company, indicating a stable internal environment. The announcement is part of the company’s ongoing governance and operational adjustments, which may have implications for its strategic direction and stakeholder relations.

The most recent analyst rating on (STNG) stock is a Buy with a $80.00 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 receives a strong overall score due to its robust financial performance, attractive valuation, and positive technical indicators. The earnings call further supports this with optimistic guidance and strategic improvements. However, challenges such as declining revenue and geopolitical uncertainties temper the outlook.

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

More about Scorpio Tankers

Scorpio Tankers Inc. operates in the shipping industry, focusing primarily on the transportation of refined petroleum products. The company is known for its fleet of modern tankers and plays a significant role in the global maritime transport of oil and related products.

Average Trading Volume: 1,004,599

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.93B

See more data about STNG stock on TipRanks’ Stock Analysis page.

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