DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Scorpio Tankers Soars: Wall Street's Bullish Bets
Scorpio Tankers Soars: Wall Street's Bullish Bets

Scorpio Tankers Soars: Wall Street's Bullish Bets

Update: 2025-09-08
Share

Description

Scorpio Tankers stock jumped nearly 9% after Wall Street analysts issued bullish upgrades, citing rising tanker rates and a lucrative five-year charter for the STI Orchard at over $28,000 per day. While the stock remains volatile, Scorpio's strong Q3 rates—LR2 vessels averaging $32,700 daily and MR tankers earning $23,500—signal robust demand and a potentially rewarding trajectory for long-term investors, turning a $1,000 investment five years ago into over $4,400 today.

Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Scorpio Tankers Soars: Wall Street's Bullish Bets

Scorpio Tankers Soars: Wall Street's Bullish Bets