Scorpio Tankers (STNG) Operating Leases (2019 - 2023)
Scorpio Tankers (STNG) posted quarterly Operating Leases of $95.2 million for Q3 2023, down 79.17% year-over-year from $456.9 million in Q3 2022, and down 41.21% quarter-over-quarter from $161.9 million in Q2 2023.
Scorpio Tankers (STNG) Operating Leases (2019 - 2023) Analysis & Trends
Scorpio Tankers (STNG) has reported Operating Leases for 5 consecutive years, with $95.2 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Operating Leases fell 79.17% year-over-year to $95.2 million; the TTM figure through Sep 2023 stood at $95.2 million (down 79.17% YoY), while the FY2022 annual figure was $443.5 million, down 14.85% from the prior year.
- Operating Leases fell to $95.2 million in Q3 2023 per STNG's latest filing, from $161.9 million in the prior quarter.
- Across five years, Operating Leases topped out at $589.5 million in Q3 2020 and bottomed at $1.6 million in Q1 2020.
- Historically, Operating Leases has averaged $336.7 million across 5 years, with a median of $456.9 million in 2022.
- Annual changes were most pronounced in 2020 — Operating Leases plunged 96.62% — and 2021, when it surged 35034.12%.
- Scorpio Tankers' Operating Leases 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 slumped by 78.54% to $95.2 million in 2023.
- Business Quant data shows STNG's Operating Leases at $95.2 million in Q3 2023, $161.9 million in Q2 2023, and $336.5 million in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | Scorpio Tankers | 3.71 Bn | 1.73 Bn | 343.91 Mn |
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 | 1.60 Mn |
| Mar 31, 2020 | 1.60 Mn |
| Dec 31, 2019 | 24.20 Mn |
| Sep 30, 2019 | 519.18 Mn |
| Jun 30, 2019 | 47.36 Mn |
| Mar 31, 2019 | 24.20 Mn |