Scorpio Tankers (STNG) Operating Leases (2019 - 2023)
Scorpio Tankers' (STNG) quarterly Operating Leases came in at $161.9 million in Q2 2023, down 65.58% year-on-year from $470.3 million in Q2 2022, and down 63.5% sequentially from $443.5 million in Q4 2022.
Scorpio Tankers (STNG) Operating Leases (2019 - 2023) Analysis & Trends
Scorpio Tankers' Operating Leases history runs 5 years deep, the most recent figure standing at $161.9 million for Q2 2023.
- In Q2 2023, Operating Leases fell 65.58% year-over-year to $161.9 million; the TTM figure through Jun 2023 stood at $161.9 million (down 65.58% YoY), while the FY2022 annual figure was $443.5 million, down 14.85% from the prior year.
- Operating Leases came in at $161.9 million for Q2 2023 at Scorpio Tankers, down from $443.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $602.8 million in Q2 2021 and troughed at $1.6 million in Q1 2020.
- The 5-year median for Operating Leases is $161.9 million (2023), against an average of $261.3 million.
- The widest annual swing landed in 2020, when Operating Leases sank 96.62%; it then surged 37574.56% in 2021.
- A 5-year view of Operating Leases shows it stood at $24.2 million in 2019, then soared by 2279.32% to $575.8 million in 2020, then decreased by 9.54% to $520.9 million in 2021, then dropped by 14.85% to $443.5 million in 2022, then sank by 63.5% to $161.9 million in 2023.
- Per Business Quant data, the three most recent Operating Leases figures were $161.9 million in Q2 2023, $443.5 million in Q4 2022, and $470.3 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Scorpio Tankers | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 95.17 Mn |
| Jun 30, 2023 | 161.89 Mn |
| Mar 31, 2023 | 336.52 Mn |
| Dec 31, 2022 | 443.53 Mn |
| Sep 30, 2022 | 456.92 Mn |
| Jun 30, 2022 | 470.30 Mn |
| Mar 31, 2022 | 483.64 Mn |
| Dec 31, 2021 | 520.86 Mn |
| Sep 30, 2021 | 534.64 Mn |
| Jun 30, 2021 | 548.41 Mn |
| Mar 31, 2021 | 562.15 Mn |
| Dec 31, 2020 | 575.80 Mn |
| Sep 30, 2020 | 589.45 Mn |
| Jun 30, 2020 | 571.30 Mn |
| Mar 31, 2020 | 1.60 Mn |
| Dec 31, 2019 | 24.20 Mn |
| Sep 30, 2019 | 519.18 Mn |
| Jun 30, 2019 | -7.13 Mn |
| Mar 31, 2019 | 24.20 Mn |