Scorpio Tankers Inc
NYSE:STNG
Net Margin
Scorpio Tankers Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| MC |
|
Scorpio Tankers Inc
NYSE:STNG
|
2.4B USD |
48%
|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
135.6B CAD |
10%
|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
71.9B USD |
21%
|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
68.4B USD |
10%
|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
61.6B USD |
6%
|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
62.2B USD |
17%
|
|
| US |
|
MPLX LP
NYSE:MPLX
|
52.9B USD |
36%
|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
51.9B USD |
18%
|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
51.4B USD |
12%
|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
67.6B CAD |
33%
|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
36.4B USD |
7%
|
Scorpio Tankers Inc
Glance View
In the world of maritime transport, Scorpio Tankers Inc. sails as a significant player, primarily navigating the vast liquid cargo market. With its headquarters in Monaco, the company operates a dynamic fleet of tankers that transport refined petroleum products and other liquid substances across global seas. At the heart of Scorpio's operations lies a focus on medium-range and long-range vessels, which cater effectively to the diverse demands of this segment. The economic rationale behind their operations is straightforward: moving vital products like gasoline, diesel, and other liquid chemicals from areas of supply to regions of demand, which ensures a steady stream of income anchored in competitive shipping rates. Scorpio Tankers thrives in the cyclical nature of the maritime industry, where supply and demand fluctuation can significantly impact freight rates. The company has strategically positioned itself to capitalize on periods of improved rates, often driven by geopolitical factors, economic activity cycles, and changes in regulations that affect global shipping. By optimizing the efficiency and age profile of its fleet, the company seeks to maximize its returns on investment while minimizing environmental impact, recognizing the increasing global emphasis on sustainability. This blend of strategic fleet management and market positioning forms the core of Scorpio Tankers’ business model and its continued quest for profitability amid the waves of the ever-changing shipping landscape.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Scorpio Tankers Inc's most recent financial statements, the company has Net Margin of 48.1%.
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