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0.000436893203883555 0 0 0.00485436893203895 -0.00242718446601937 -0.00970873786407768 -0.00970873786407768 -0.00970873786407768
Stock impact report

Scorpio Tankers +10% as Deutsche Bank sees 'major opportunity' [Seeking Alpha]

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: Seeking Alpha
Scorpio Tankers +10% as Deutsche Bank sees 'major opportunity'Scorpio Tankers (STNG+9.8%) surges as Deutsche Bank enthusiasticallymaintains its Buy rating on the shares, seeing a "major opportunity" for STNG investors after the stock has dropped 38% YTD.Market participants are "rightfully concerned" about the expected step-function increase in cash calls related to debt repayments, Deutsche Bank analyst Amit Mehrota says, and the negative implication is that STNG would need a highly dilutive equity offering to meet increasing cash flows.But Mehrota says his analysis implies "significant dislocation" if management is able to extend its runway, which he believes is "highly probable."See all stocks on the move »Now read:Scorpio Tankers Inc. 2017 Q4 - Results - Earnings Call Slides » Show less Read more
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