Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide.
Management has been aggressively buying back shares Strong earnings should allow management to continue dividend payments Strong return over the last month Prominent player in the Oil, Gas & Consumable Fuels industry
B.Riley analyst raised the price target on Scorpio Tankers (NYSE:STNG) to $80.00 (from $65.00)