Scorpio Tankers Inc.Pembelian
STNG - LONG
STNG - Long
Scorpio Tankers is one of the top Energy Transportation plays
Given the Russia Ukraine situation - rates could well remain elevated
Paying off debt of 500m + 250m share buyback (relative to a
2BN market cap this is significant!)
Management has invested in heavily ships in prior years - giving it a very young fleet (6.5 yrs avg) - as a result management has no plans to purchase/replace ships anytime soon (mentioned on earnings call) - This should free up cashflow
Could see another retest of that $37.50 area, but I'm happy to try for a position now
Scorpio Tankers is one of the top Energy Transportation plays
Given the Russia Ukraine situation - rates could well remain elevated
Paying off debt of 500m + 250m share buyback (relative to a
2BN market cap this is significant!) Management has invested in heavily ships in prior years - giving it a very young fleet (6.5 yrs avg) - as a result management has no plans to purchase/replace ships anytime soon (mentioned on earnings call) - This should free up cashflow
Could see another retest of that $37.50 area, but I'm happy to try for a position now
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.