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Scorpio Tankers reports Q2 2026 net income of $387.5M and declares $0.45 dividend per share

Company Fundamentals
30 Jul 2026
GlobeNewsWire
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Bullish
pluang ai news

Scorpio Tankers Inc. announced strong financial results for Q2 2026 with net income of $387.5 million, significantly up from $73.5 million in Q2 2025, driven by higher tanker rates amid Middle East trade disruptions. The company declared a quarterly dividend of $0.45 per share, payable August 31, 2026. Scorpio also completed vessel sales, issued $605 million in convertible notes, and advanced newbuilding projects, positioning for continued growth despite market volatility. The company maintains strong liquidity with $2 billion in cash and plans ongoing fleet expansion and debt reduction.

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