{"id":987030,"date":"2026-07-30T06:48:52","date_gmt":"2026-07-30T10:48:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/scorpio-tankers-inc-announces-financial-results-for-the-second-quarter-of-2026-and-the-declaration-of-a-dividend\/"},"modified":"2026-07-30T06:48:52","modified_gmt":"2026-07-30T10:48:52","slug":"scorpio-tankers-inc-announces-financial-results-for-the-second-quarter-of-2026-and-the-declaration-of-a-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scorpio-tankers-inc-announces-financial-results-for-the-second-quarter-of-2026-and-the-declaration-of-a-dividend\/","title":{"rendered":"Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2026 and the Declaration of a Dividend"},"content":{"rendered":"
\n

MONACO, July 30, 2026 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) today reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of directors (the “Board of Directors”) has declared a quarterly cash dividend on its common shares of $0.45 per share.<\/p>\n

\n Results for the <\/strong>
\n three months ended June 30, 2026<\/strong>
\n and <\/strong>
\n 2025<\/strong>\n <\/p>\n

For the three months ended June 30, 2026, the Company had net income of\u00a0$387.5 million, or $8.47\u00a0basic and $7.37 diluted earnings per share.<\/p>\n

For the three months ended June 30, 2026, the Company had adjusted net income (see Non-IFRS Measures section below) of $243.7 million, or $5.33 basic and $4.68 diluted earnings per share, which excludes from net income (i) a $154.1 million, or $3.37 per basic and $2.88 per diluted share, gain on sales of vessels, (ii) a $20.2 million, or $0.44 per basic and $0.38 per diluted share, write-off of deferred financing fees and debt extinguishment costs (which includes $12.8 million for the make-whole premium on the redemption of the Company\u2019s Unsecured Senior Notes Due 2030), (iii) $13.8 million, or $0.30 per basic and $0.26 per diluted share, fair value gain on financial liabilities measured at fair value, and (iv) $4.0 million, or $0.09 per basic and $0.07 per diluted share, of transaction costs related to the second quarter issuances of the Convertible Notes (described below).<\/p>\n

For the three months ended June 30, 2025, the Company had net income of $73.5 million, or $1.59 basic and $1.53 diluted earnings per share.<\/p>\n

For the three months ended June 30, 2025, the Company had adjusted net income (see Non-IFRS Measures section below) of $67.8 million, or $1.47 basic and $1.41 diluted earnings per share, which excludes from net income (i) a $7.5 million, or $0.16 per basic and diluted share, fair value gain on financial assets measured at fair value, and (ii) a $1.8 million, or $0.04 per basic and diluted share, loss on the extinguishment of debt and write-offs of deferred financing fees.<\/p>\n

\n Results for the <\/strong>
\n six months ended June 30, 2026<\/strong>
\n and <\/strong>
\n 2025<\/strong>\n <\/p>\n

For the six months ended June 30, 2026, the Company had net income of\u00a0$603.8 million, or $13.00\u00a0basic and $11.76 diluted earnings per share.<\/p>\n

For the six months ended June 30, 2026, the Company had adjusted net income (see Non-IFRS Measures section below) of $394.6 million, or $8.49 basic and $7.73 diluted earnings per share, which excludes from net income (i) a $220.1 million, or $4.74 per basic and $4.24 per diluted share, gain on sales of vessels, (ii) a $20.7 million, or $0.45 per basic and $0.40 per diluted share, write-off of deferred financing fees and debt extinguishment costs (which includes $12.8 million for the make-whole premium on the redemption of the Company\u2019s Unsecured Senior Notes Due 2030), (iii) $13.8 million, or $0.30 per basic and $0.27 per diluted share, fair value gain on financial liabilities measured at fair value, and (iv) $4.0 million, or $0.09 per basic and $0.08 per diluted share, of transaction costs related to the second quarter issuances of the Convertible Notes (described below).<\/p>\n

For the six months ended June 30, 2025, the Company had net income of $131.7 million, or $2.85 basic and $2.74 diluted earnings per share.<\/p>\n

For the six months ended June 30, 2025, the Company had adjusted net income (see Non-IFRS Measures section below) of $116.8 million, or $2.53 basic and $2.43 diluted earnings per share, which excludes from net income (i) a $17.0 million, or $0.37 per basic and $0.35 per diluted share, fair value gain on financial assets measured at fair value, and (ii) a $2.1 million, or $0.05 per basic and $0.04 per diluted share, loss on the extinguishment of debt and write-offs of deferred financing fees.<\/p>\n

\n Declaration of Dividend<\/strong>\n <\/p>\n

On July 29, 2026, the Board of Directors declared a quarterly cash dividend of $0.45 per common share, with a payment date of August 31, 2026 to all shareholders of record as of August 17, 2026 (the record date). As of July 28, 2026, there were 50,081,352 common shares of the Company issued and outstanding.<\/p>\n

\n Summary of <\/strong>
\n Second<\/strong>
\n Quarter <\/strong>
\n 2026<\/strong>
\n and Other Recent Significant Events<\/strong>\n <\/p>\n