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Scorpio Tankers ( (STNG) ) just unveiled an update.
On September 29, 2025, Scorpio Tankers Inc. announced agreements to sell two 2019 built LR2 product tankers, STI Lobelia and STI Lavender, for $61.2 million each, with sales expected to close in the fourth quarter of 2025. This move is part of the company’s strategy to capitalize on high secondhand vessel values while reducing its net debt, which could potentially reach zero. The company also provided updates on its outstanding debt and liquidity, highlighting the impact of these sales and other financial maneuvers on its balance sheet.
The most recent analyst rating on (STNG) stock is a Buy with a $70.00 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 driven by robust financial performance and attractive valuation. The positive earnings call further supports the outlook, despite some technical caution due to potential overbought conditions. The company’s strategic positioning and efficient operations provide a solid foundation for future growth.
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 services for petroleum products. The company owns or lease finances a fleet of 99 product tankers, including LR2, MR, and Handymax tankers, with an average age of 9.5 years.
Average Trading Volume: 1,153,463
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.95B
See more insights into STNG stock on TipRanks’ Stock Analysis page.