Scorpio Tankers Reports Q3 Net Income of $84.5 Million

Reuters
2025/10/30
<a href="https://laohu8.com/S/SBNA">Scorpio Tankers</a> Reports Q3 Net Income of $84.5 Million

Scorpio Tankers Inc. reported total shareholders' equity of $3,074.2 million as of September 30, 2025, up from $2,865.9 million at the same point in 2024. Unrestricted cash and cash equivalents stood at $626.7 million as of October 28, 2025, with $788.3 million of undrawn revolver capacity. For the nine months ended September 30, 2025, the company recorded net income of $216.2 million, compared to $600.2 million for the same period in 2024. Adjusted EBITDA was $416.4 million for the nine months ended September 30, 2025, down from $736.9 million in the prior year period. Net cash inflow from operating activities contributed to an increase in cash and cash equivalents, which reached $603.2 million at the end of Q3 2025, compared to $201.0 million at the end of Q3 2024. During the first nine months of 2025, Scorpio Tankers made debt repayments of $181.5 million, issued $200.0 million of new debt, and paid dividends totaling $60.8 million. The company also repurchased $0.3 million in common stock. The time charter equivalent (TCE) per revenue day for the nine months ended September 30, 2025, was $25,272, compared to $35,822 in the same period of 2024. Vessel operating costs per day averaged $7,906 in the first nine months of 2025, slightly down from $8,047 in the prior year. The company expects to receive approximately $61.8 million from the Scorpio pools with respect to the monthly cash distribution within two weeks from October 28, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scorpio Tankers Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9565306-en) on October 30, 2025, and is solely responsible for the information contained therein.

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