Scorpio Tankers Inc. Common Shares (STNG)

Shipping and freight quotes are on the rise, futures traders are leading the way to a highly expected earnings cycle for the space. ZIM Integrated is a top pick

Shares of Scorpio Tankers Inc. (NYSE: STNG) traded at a new 52-week high today and are currently trading at $56.29. So far today, approximately 1.03M shares have been exchanged, as compared to an average 30-day volume of 1M shares.

Scorpio Tankers Inc. (NYSE: STNG) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved -2.48% on the day to $56.29.

OPEC+ cut production by 1.65 million barrels per day, starting in May. Could this signal a green-light for the oil bull thesis once again?

Mid-cap two-baggers over a one-year period are rare, yet analysts predict that these three companies have what it takes.

Oil tankers are trending higher due to short supply and high demand. Nordic American Tanker and International Seaways recently boosted shareholder payouts.

Oil tankers offer a compelling alternative to energy stocks. The embargo on Russian oil has the potential to create a spike in tanker demand.

It’s not very typical these days to find a stock like International Seaways, which boasts eye-popping returns while the market has been correcting.

Shares of Scorpio Tankers Inc. (NYSE:STNG) traded today at $46.30, eclipsing its 52-week high. Approximately 748,000 shares have changed hands today, as compared to an average 30-day volume of 902,000 shares.

Scorpio Tankers Inc. (NYSE:STNG) traded at a new 52-week high today of $44.95. Approximately 233,000 shares have changed hands today, as compared to an average 30-day volume of 915,000 shares.

Scorpio Tankers Inc. (NYSE:STNG) traded today at a new 52-week high of $44.60. So far today approximately 354,000 shares have been exchanged, as compared to an average 30-day volume of 927,000 shares.