Cash FlowSTNG's 2025 OCF estimate of ~$619M points to a ~20% OCF yield, which should provide flexibility to buy back stock, pay down debt, and increase the dividend.
Financial PerformanceDespite maintaining a neutral rating, the price objective for Scorpio Tankers has been increased to $52, reflecting a slightly higher 2025 EBITDA estimate.
Market PositioningScorpio Tankers bought an additional ~$42 million stake in crude tanker DHT to capitalize on the improving tanker market.