Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2026, the Declaration of a Dividend and an Increase to its Securities Repurchase Program
Scorpio Tankers reported a exceptional Q1 2026 with net income of $216.3 million, a significant jump from $58.2 million in the prior year, driven by a 48% increase in TCE revenue to $303.0 million. The board declared a quarterly dividend of $0.45 per share and replenished its securities repurchase program with a $500 million authorization, reflecting robust liquidity of $1.4 billion.
Key figures
- Eps
- 4.58
- Revenue
- 312860000
- Revenue Yoy
- 46.2%
- Net income
- 216300000
- Tce revenue
- 303021000
- Adjusted ebitda
- 214128000
- Average daily tce
- 37697
- Dividend per share
- 0.45
- Adjusted net income
- 150900000
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.