Cash Flow ManagementSTNG'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.
Debt ReductionThe company reduced its outstanding debt by $83 million, and the reduction in leverage lowers its cash breakeven TCE to $12,500 per day.
Strategic InvestmentsScorpio Tankers bought an additional ~$42 million stake in crude tanker DHT to capitalize on the improving tanker market.