Scorpio Tankers (STNG) Tops Q1 EPS by 2c

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Go back to Scorpio Tankers (STNG) Tops Q1 EPS by 2c

Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2015 and Declaration of a Quarterly Dividend

April 27, 2015 8:16 AM EDT

MONACO -- (Marketwired) -- 04/27/15 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers," or the "Company") today reported its results for the three months ended March 31, 2015.

Results for the three months ended March 31, 2015 and 2014

For the three months ended March 31, 2015, the Company's adjusted net income was $39.3 million (see Non-GAAP Measures section below), or $0.26 basic and $0.24 diluted earnings per share, which excludes (i) a gain of $2.0 million, or $0.01 per basic and diluted shares, related to the closing of the sales of Venice, STI Harmony and STI Heritage and (ii) an unrealized... More

Scorpio Tankers Inc. Announces Newbuilding Vessel Deliveries and Reminder for Upcoming Conference Call

April 24, 2015 4:10 PM EDT

MONACO -- (Marketwired) -- 04/24/15 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has recently taken delivery of two newbuilding vessels and will have a conference call on Monday April 27, 2015.

The Company recently took delivery of the following vessels:

STI Oxford, an LR2 product tanker, was delivered from Hyundai Samho Heavy Industries Co. Ltd. ("HSHI"). Upon delivery, this vessel began a voyage for 50 days at approximately $41,000 per day. STI Queens, an MR product tanker, was delivered from SPP Shipbuilding Co., Ltd. of South Korea... More