Scorpio Tankers Inc. (STNG)

[geodan]

STNG presentation and last4Qs,TripleIsInOrder


The table below shows the preliminary results and recent trends for key metrics such as revenues and net income growth:

2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30
Relevant Numbers (Quarterly)
Revenues (mil) 114.34 137.21 165.13 178.4 228.14
Revenue Growth (%YOY) -49.88 -27.19 2.75 41.88 175.23
Earnings (mil) -27.12 3.85 28.03 34.21 85.25

So basically STNG grew like a weed for 3 years, then in 2016 has had lower sales 4 Qs in a row and in last Q lost money for first time.

http://www.scorpiotankers.com/corporate-presentations the newest one on that list shows they have newest fleet in the world with best fuel economy and lowest polution. That older tankers are being scrapped by others.

Their fleet is about 2 years old! and huge. And they are building more. That means going forward they will be the low cost leader in terms of operating costs. So unless they go broke they will prosper going forward. Being banks just gave them more money JMHO they will not go broke. In 2010, 2011, 2013, 2014 and 2015 they traded over $10 a share during a portion of those years.

Revenue 12/31/2015 12/31/2014 12/31/2013
Total Revenue 755,711 342,807 207,580
Cost of Revenue 174,556 78,823 40,204
Gross Profit 581,155 263,984 167,376

In 2016 they have much more revenue that in either 2013 or 2014, when it traded over $10. We are at $3.58 now. A stock triple seems in order as this cycle low will come to an end like prior one did.