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
DateValue
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