Scorpio Tankers (STNG) Operating Leases (2019 - 2023)
Scorpio Tankers (STNG) reported Operating Leases of $161.9 million for Q2 2023, down 65.58% year-over-year from $470.3 million in Q2 2022, and down 63.5% quarter-over-quarter from $443.5 million in Q4 2022.
Scorpio Tankers (STNG) Operating Leases (2019 - 2023) Analysis & Trends
Scorpio Tankers (STNG) has 5 years of Operating Leases data on file, last reported at $161.9 million in Q2 2023.
- Operating Leases for Q2 2023 came in at $161.9 million, down 65.58% year-over-year; the trailing twelve-month figure through Jun 2023 was $161.9 million (down 65.58% YoY), and the FY2022 annual result was $443.5 million, down 14.85% from the prior year.
- Operating Leases declined to $161.9 million in Q2 2023 per STNG's latest filing, 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.
- A 5-year average of $261.3 million and a median of $161.9 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2020 and 2021: Operating Leases plunged 96.62% in 2020, then jumped 37574.56% in 2021.
- A 5-year view of Operating Leases shows it stood at $24.2 million in 2019, then surged by 2279.32% to $575.8 million in 2020, then retreated by 9.54% to $520.9 million in 2021, then slipped by 14.85% to $443.5 million in 2022, then plunged by 63.5% to $161.9 million in 2023.
- Business Quant data shows STNG's Operating Leases at $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 | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 161.89 Mn |
| Dec 31, 2022 | 443.53 Mn |
| Jun 30, 2022 | 470.30 Mn |
| Dec 31, 2021 | 520.86 Mn |
| Jun 30, 2021 | 602.79 Mn |
| Dec 31, 2020 | 575.80 Mn |
| Jun 30, 2020 | 1.60 Mn |
| Mar 31, 2020 | 1.60 Mn |
| Dec 31, 2019 | 24.20 Mn |
| Jun 30, 2019 | 47.36 Mn |
| Mar 31, 2019 | 24.20 Mn |