Scorpio Tankers stock | Growth outlook for 2026 & price target

Scorpio Tankers

NYSE:STNG

$ 73,91

+ $1,52 (2,10%)

73,91 $

+$1,52 (2,10%)

End-of-day quote: 03/26/2026

Scorpio Tankers Stock Value

The current analyst rating for NYSE:STNG is Buy.

Buy

Scorpio Tankers Company Info

EPS Growth 5Y

22,22%

Market Cap

$3,49 B

Long-Term Debt

$0,60 B

Quarterly earnings

04/29/2026 (E)

Dividend

$1,84

Dividend Yield

2,49%

Founded

2009

Industry

Energy

Country

Monaco

Website

Scorpio Tankers

ISIN Number

MHY7542C1306

Website

http://www.scorpiotankers.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$81,00

9.59%

Last Update: 03/26/2026

Analysts: 8

Highest Price Target $90,00

Average Price Target $81,00

Lowest Price Target $70,00

In the last five quarters, Scorpio Tankers’s Price Target has fallen from $89,18 to $77,58 - a -13,01% decrease. Eight analysts predict that Scorpio Tankers’s share price will increase in the coming year, reaching $81,00. This would represent an increase of 9,59%.

Top growth stocks in the energy sector (5Y.)

What does Scorpio Tankers do?

Scorpio Tankers Inc. provides seaborne transportation of crude oil and refined petroleum products worldwide. As of March 20, 2025, the company’s fleet consisted of 99 wholly owned or leased financed tankers (38 LR2, 47 MR, and 14 Handymax) with a weighted average age of approximately 9.0 years. Commercial Pools To increase vessel utilization and thereby revenues, the company participates in commercial pools with other shipowners of similar modern, well-maintained vessels. By operating a large...

Scorpio Tankers Inc. provides seaborne transportation of crude oil and refined petroleum products worldwide.

As of March 20, 2025, the company’s fleet consisted of 99 wholly owned or leased financed tankers (38 LR2, 47 MR, and 14 Handymax) with a weighted average age of approximately 9.0 years.

Commercial Pools

To increase vessel utilization and thereby revenues, the company participates in commercial pools with other shipowners of similar modern, well-maintained vessels. By operating a large number of vessels as an integrated transportation system, commercial pools offer customers greater flexibility and a higher level of service while achieving scheduling efficiencies. As of March 20, 2025, 83 of the vessels in the company’s Operating Fleet operated in one of the Scorpio Pools.

Time Charters

Time charters give the company a fixed and stable cash flow for a known period of time. Time charters also mitigate, in part, the seasonality of the spot market business, which is generally weaker in the second and third quarters of the year (year ended December 31, 2024). As of December 31, 2024, 16 of the company’s vessels (ten LR2s and six MRs) were operating on long-term charter-out agreements with terms of three years or greater.

Spot Market

Under spot market voyage charters, the company pays voyage expenses, such as port, canal, and bunker costs. The company also considers short-term time charters (with initial terms of less than one year) as spot market voyages.

Commercial and Technical Management

The company’s vessels are commercially managed by Scorpio Commercial Management S.A.M., or SCM, and technically managed by Scorpio Ship Management S.A.M., or SSM, pursuant to the terms and conditions set forth under a revised master agreement, which, for the years ended December 31, 2023, and 2022, was effective as of January 1, 2018 (the ‘2018 Revised Master Agreement’). In 2024, certain terms of the 2018 Revised Master Agreement were amended and restated with an effective date of January 1, 2024 (the ‘2024 Revised Master Agreement’). SCM and SSM are related parties of the company.

SCM’s services include securing employment, in the spot market and on time charters, for the company’s vessels. SCM also manages the Scorpio Pools. These were the same fees that SCM charged other vessel owners in these pools, including third-party owned vessels.

SSM’s services include day-to-day vessel operations, performing general maintenance, monitoring regulatory and classification society compliance, customer vetting procedures, supervising the maintenance and general efficiency of vessels, arranging the hiring of qualified officers and crew, arranging and supervising drydocking and repairs, purchasing supplies, spare parts, and new equipment for vessels, appointing supervisors, and technical consultants, as well as providing technical support.

Amended Administrative Services Agreement

The company has an Amended Administrative Services Agreement with Scorpio Services Holding Limited (‘SSH’), or the company’s Administrator, for the provision of administrative staff and office space, and administrative services, including accounting, legal compliance, financial, and information technology services. SSH is a related party to the company. The company reimburses its Administrator for the reasonable direct or indirect expenses it incurs in providing administrative services. The services provided to the company by its Administrator may be sub-contracted to other entities within the Scorpio group of companies.

Tanker Fleet

The uncoated tanker fleet (after removing ships over 25 years old) stands at 2,253 vessels. Of these ships, the company has counted a total of 485 sanctioned or shadow tankers, which represents 21.5% of the total fleet size, a considerable increase from last year’s 15%, that was brought up due to the recent US, EU, and UK sanctions in Q4 2024. A majority of the uncoated tankers in the sanctioned fleet are Aframaxes (128 ships), including the Russian fleet and ships not adhering to the Russian price cap. The VLCC fleet stands at 867 ships in total, making it the biggest tanker fleet among all segments, while the size of uncoated Aframaxes decreased to 659 vessels, given owners’ increased interest in ordering LR2s with the capability to switch between trading crude and refined products.

CPP total orders in 2024 totaled 341 vessels. The current coated tanker orderbook consists of 262 expected deliveries for 2025. This includes orders for 57 LR2s and 99 MR2 tankers. Aside from additions and deletions, another important supply side factor for LR2 and Aframax sectors has been the cargo switchovers. Since Russia’s invasion of Ukraine, Aframax demand and earnings have found significant support due to Russian crude redirected to the Asian market; the company has captured a net of 51 LR2s ‘riding the wave’ and switching to carry crude/fuel oil.

Environmental and Other Regulations

Under Chapter IX of the International Convention for the Safety of Life at Sea of 1974, or SOLAS Convention, or the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention (the ‘ISM Code’), the company’s operations are also subject to environmental standards and requirements.

The company relies upon the safety management system that it and its technical management team have developed for compliance with the ISM Code. The company has obtained applicable documents of compliance for its offices and safety management certificates for all of its vessels for which the certificates are required by the International Maritime Organization, or the IMO. Both the U.S. Oil Pollution Act of 1990 (‘OPA’) and the Comprehensive Environmental Response, Compensation and Liability Act (‘CERCLA’) impact the company’s operations.

The company has obtained Anti-fouling System Certificates for all of its vessels that are subject to the Anti-fouling Convention. The company complies and plans to comply going forward with the United States Coast Guard’s (‘USCG’) financial responsibility regulations by providing applicable certificates of financial responsibility.

The U.S. Environmental Protection Agency (‘EPA’) and the United States Coast Guard (‘USCG’) have also enacted rules relating to ballast water discharge, compliance with which requires the installation of equipment on the company’s vessels to treat ballast water before it is discharged, or the implementation of other port facility disposal arrangements or procedures at potentially substantial costs, and/or otherwise restrict its vessels from entering U.S. waters. The company intends to comply with the various security measures addressed by the U.S. Maritime Transportation Security Act of 2002 (‘MTSA’), the SOLAS Convention, and the International Ship and Port Facility Security Code (‘the ISPS Code’).

All of the company’s vessels are certified as being ‘in class’ by all the applicable Classification Societies (e.g., American Bureau of Shipping, Lloyd's Register of Shipping).

History

Scorpio Tankers Inc. was founded in 2009. The company was incorporated in the Republic of the Marshall Islands pursuant to the Marshall Islands Business Corporations Act in 2009.

Scorpio Tankers Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry:** Seaborne transportation of petroleum products **TOP 3 Markets:** 1. **USA:** approximately 35% 2. **Europe:** approximately 30% 3. **Asia:** approximately 25% Scorpio Tankers Inc. generates its revenues mainly from the seaborne transportation of refined petroleum products. The...

At which locations are the company’s products manufactured?

**Production:** No direct production Scorpio Tankers Inc. is a shipping company specializing in the transportation of petroleum products. It does not produce physical products but operates a fleet of tankers used for transporting refinery products such as gasoline, diesel, and other petroleum produ...

What strategy does Scorpio Tankers pursue for future growth?

**Current Fleet Size:** 113 vessels (2026) **Capital Investments:** $500 million for fleet modernization (2026) **Sustainability Goals:** Reduce CO2 emissions by 30% by 2030 Scorpio Tankers Inc. pursues a multi-faceted growth strategy focusing on both fleet expansion and modernization. The co...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Crude oil, refinery products **Countries of Origin:** Saudi Arabia, Russia, United Arab Emirates, USA, Nigeria Scorpio Tankers Inc. is a company specializing in the transportation of petroleum products. The main raw materials transported by the company are crude o...

How strong is the company’s competitive advantage?

**Market share:** Estimated 10% in the product tanker segment (2026) **Fleet size:** Over 130 ships (2026) **Average age of the fleet:** 6 years (2026) Scorpio Tankers Inc. has a significant competitive advantage in the shipping industry, especially in the product tanker segment. The company bene...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 65% (estimated for 2026) **Insider Buys/Sells:** No significant transactions in the last quarter (2026) The institutional investor share in Scorpio Tankers Inc. is approximately 65%, indicating a strong confidence from institutional investors in the company. These...

What percentage market share does Scorpio Tankers have?

**Market share of Scorpio Tankers Inc.:** Estimated around 5-7% (2026) **Top competitors and their market shares:** 1. **Euronav NV:** around 10-12% 2. **Frontline Ltd.:** around 8-10% 3. **Teekay Tankers Ltd.:** around 6-8% 4. **DHT Holdings, Inc.:** around 5-7% 5. **International Seaways, Inc.:**...

Is Scorpio Tankers stock currently a good investment?

**Revenue Growth:** 20% (2025 compared to 2024) **Fleet Expansion:** 5 new ships in 2025 **Market Demand:** Increase of 10% in 2025 Scorpio Tankers Inc. achieved an impressive revenue growth of 20% in 2025, attributed to increased demand for tanker services and a strategic expansion of the fl...

Does Scorpio Tankers pay a dividend – and how reliable is the payout?

**Dividend Yield:** 5.2% (estimated for 2026) **Dividend History:** Regular payouts since 2022 Scorpio Tankers Inc. has been paying dividends in recent years, with the dividend yield estimated to be around 5.2% for 2026. The company started regular payouts in 2022, indicating improved financial st...

New support ticket

Explore

Scorpio Tankers Stock Value

Scorpio Tankers Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Scorpio Tankers do?

Scorpio Tankers Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Scorpio Tankers Stock Value

Scorpio Tankers Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Scorpio Tankers do?

Scorpio Tankers Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.