Debt ManagementScorpio Tankers sold three of its 99 vessel fleet for $164 million, effectively reducing its pro-forma net debt position to a relatively minor $131 million.
Earnings PotentialSeaborne oil flows are expected to be meaningfully higher, benefiting Scorpio Tankers' future earnings potential.
Financial PerformanceSTNG's annualized EPS is expected to return to the $10-11 range, showcasing strong financial performance.