Scorpio Tankers (STNG) Misses Q2 EPS by 4c, Revenues Miss

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Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2018, Declaration of a Quarterly Dividend, and a New Sale and Leaseback Agreement for Four Product Tankers

July 31, 2018 6:30 AM EDT

MONACO, July 31, 2018 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers", or the "Company") today reported its results for the three and six months ended June 30, 2018.

The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.01 per share on the Companys common stock and that it has agreed to sell and leaseback four additional product tankers.

Results for the three months ended June 30, 2018 and 2017

For the three months ended June 30, 2018, the Company's adjusted net... More