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Scorpio Tankers ( (STNG) ) has issued an announcement.
On September 21, 2025, Scorpio Tankers Inc. announced a resolution by its Board of Directors to increase the number of shares of Common Stock available for issuance under its Amended and Restated 2013 Equity Incentive Plan by 748,000 shares. This decision reflects the company’s strategy to enhance its equity incentive offerings, potentially impacting its market positioning by attracting and retaining talent, which is crucial for its operations and growth in the competitive shipping industry.
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. operates in the shipping industry, focusing on the transportation of refined petroleum products. The company is known for its fleet of modern tankers and is headquartered in Monaco.
Average Trading Volume: 1,166,594
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.96B
Find detailed analytics on STNG stock on TipRanks’ Stock Analysis page.