STNG Scorpio Tankers (STNG) Q2 FY26 earnings call
Scorpio Tankers delivered record Q2 FY26 results, driven by strong market conditions and strategic financial management. The company significantly strengthened its balance sheet through a low-cost convertible bond issuance and substantial debt reduction, achieving a net cash position. While geopolitical uncertainty and moderating freight rates present headwinds, the company remains focused on fleet optimization, capital returns, and maintaining a low cash breakeven to navigate market cycles.
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STNG operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Vessels sold | 4This includes a $66 million gain on the sale of 4 vessels during the quarter.Source: earnings call transcript | 15We also closed on the sales of 15 vessels, all at cyclically high prices.Source: earnings call transcript | +275% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.