Scorpio Tankers Inc. (STNG) Form 6-K — Jul 30, 2026
Scorpio Tankers reported a significant increase in net income to $387.5 million for the second quarter of 2026, up from $73.5 million in the prior year, driven by stronger TCE revenue which rose to $391.8 million. The company also declared a quarterly dividend of $0.45 per share. The company strengthened its balance sheet by issuing $605 million in convertible notes and using proceeds to repay $389.1 million in secured debt facilities while redeeming $200 million in senior unsecured notes. As of late July, Scorpio Tankers held $2.0 billion in unrestricted cash.
Key figures
- Eps
- 8.47
- Revenue
- 408734000
- Net Income
- 387536000
- Total Debt
- 655000000
- Cash Position
- 1962251000
- Adjusted EBITDA
- 300500000
- TCERevenue
- 391800000
- Adjusted EPS
- 5.33
- Debt Prepayments
- 389100000
- Dividend Per Share
- 0.45
- Average Daily TCERevenue
- 52661
- Convertible Notes Issued
- 605000000
AI analysis
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