Scorpio Tankers Announces Fleet Modernization with New Vessel Acquisitions

The latest announcement is out from Scorpio Tankers ( (STNG) ).

On November 6, 2025, Scorpio Tankers Inc. announced agreements to sell four 2014-built MR product tankers and purchase four new MR newbuilding resales with deliveries expected between 2026 and 2027. This strategic move aims to modernize the fleet with scrubber-fitted vessels, improving the age profile and quality of their operations while maintaining minimal capital expenditure. The sales, expected to close in the first quarter of 2026, reflect the company’s commitment to enhancing its market position and operational efficiency.

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’ 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 global provider of marine transportation for petroleum products. The company currently owns or lease finances 99 product tankers, including LR2, MR, and Handymax tankers, with an average age of 9.6 years. Scorpio Tankers is focused on optimizing its fleet through strategic sales and acquisitions to enhance its operational efficiency and market competitiveness.

Average Trading Volume: 911,405

Technical Sentiment Signal: Buy

Current Market Cap: $3.1B

For detailed information about STNG stock, go to TipRanks’ Stock Analysis page.