LOGO
LOGO

Quick Facts

Scorpio Tankers Turns To Profit In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Scorpio Tankers Inc. (STNG), Monaco based seaborne transporters of crude oil and refined petroleum products, on Monday reported first quarter net income of $6.6 million or $0.08 per share, compared to a net loss of $5.1 million or a loss of $0.14 per share in the comparable quarter last year.

Vessel revenue for the quarter was $44.92 million, compared to $29.12 million a year ago.

In April 2013, the company declared a quarterly cash dividend on its common stock of $0.025 per share, payable on June 25, 2013 to all shareholders of record at the close of business as of June 11, 2013.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19