Scorpio Tankers Q4 adjusted EPS beats estimates on stronger product tanker market

Scorpio Tankers

12/02/2026 11:52

Overview

Monaco-based tanker operator's Q4 adjusted EPS beat analyst expectations

Adjusted net income for Q4 missed analyst expectations

Company declared a quarterly cash dividend of $0.45 per share

Outlook

Scorpio Tankers expects average daily TCE revenue of $46,000 for LR2 vessels in Q1 2026

Company anticipates deliveries of new vessels from 2026 to 2029

Scorpio Tankers sees uncertainty in market conditions affecting demand

Result Drivers

HIGHER TCE REVENUE - Co reported a $49.3 mln increase in TCE revenue for Q4 2025 due to stronger product tanker market and reduced vessel supply

REDUCED OPERATING COSTS - Vessel operating costs decreased by $6.6 mln in Q4 2025 due to fewer vessels and lower crewing costs

VESSEL SALES AND PURCHASES - Co completed sales of six vessels and entered agreements for new vessel purchases, affecting financial results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
$1.70
$1.58 (7 Analysts)
Q4 EPS
$2.72
Q4 Adjusted Net Income
Miss
$80 mln
$82.29 mln (7 Analysts)
Q4 Net Income
$128.10 mln
Q4 Dividend
$0.45


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Scorpio Tankers Inc is $77.00, about 10.2% above its February 11 closing price of $69.89

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNXDRNSf

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)