Scorpio Tankers Sets May 27, 2026 Shareholder Meeting to Elect Directors and Ratify Auditor
Scorpio Tankers has scheduled its 2026 annual shareholder meeting for May 27, 2026, in Monaco. Shareholders will vote on the election of one new independent Class I director and the re-election of two Class I directors, as well as the ratification of PricewaterhouseCoopers Audit as the company's independent auditors for the fiscal year ending December 31, 2026. The company has a "Buy" analyst rating with a $90.00 price target, and TipRanks' AI Analyst, Spark, rates STNG as "Outperform" due to strong financial performance and favorable technicals.
MAR 31·Stock Titan→
Scorpio Tankers (NYSE: STNG) signs $35M‑per‑ship MR sales amid fleet renewal
Scorpio Tankers Inc. (NYSE: STNG) announced agreements to sell two 2015-built MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million each, with sales expected to close in Q2 2026. This move is part of the company's continuous fleet renewal strategy, which also includes the sale of additional tankers and the ordering of multiple newbuild vessels (MR, LR2, and VLCC) scheduled for delivery between 2026 and 2029. The company currently operates a fleet of 89 product tankers with an average age of 10.1 years.
MAR 15·MarketBeat▲
Short Interest in Scorpio Tankers Inc. (NYSE:STNG) Declines By 31.1%
Short interest in Scorpio Tankers Inc. (NYSE:STNG) decreased by 31.1% to 1,281,388 shares as of February 27th. The company recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend. Analysts hold a "Moderate Buy" consensus rating for STNG, with a price target of $79.67.
