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>> No.19053022 [View]
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19053022

STNG BUYBACKS
STNG BUYBACKS
MONACO, May 12, 2020 (GLOBE NEWSWIRE) -- Scorpio Tankers, Inc. (NYSE: STNG) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 100,000 common shares of the Company at an average price of $17.36 per share in the open market. The Company currently has 58,672,080 common shares outstanding, of which the Scorpio Group of companies, including SSH, owns 2,657,839 or 4.5%.

THE FLOOR IS IN FOR STNG

>> No.18933698 [View]
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18933698

>>18933436
scorpio tankers are trading in CPP products. These are higher value fuels that can also be stockpiled that aren't crude. Markets are fucking tight because there aren't many coated LR2 aframaxes (some have traded crude which dirties them up). Rates for LR2's are through the roof d/t this reason. The fucking million dollar question is: how many of FRO's LR2's have stayed clean and not traded crude? IF a fair number are trading CPP products FRO is in a great spot too.

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