Scorpio Tankers Inc. Announces First Quarter 2019 Earnings Release and Conference Call on May 2, 2019
18 April 2019 - 6:15AM
Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the
"Company") announced today that on Thursday, May 2, 2019, the
Company plans to issue its first quarter 2019 earnings in the
morning (Eastern Daylight Time) and host a conference call at 8:30
AM Eastern Daylight Time and 2:30 PM Central European Summer Time.
Conference Call Details
Date: Thursday, May 2, 2019 Time: 8:30 AM Eastern Daylight Time
and 2:30 PM Central European Summer Time
US Dial-In Number: 1 (855) 861-2416
International Dial-In Number: +1 (703) 736-7422
Conference ID: 5249065
Participants should dial into the call 10 minutes before the
scheduled time.
The information provided on the teleconference is only accurate
at the time of the conference call, and the Company will take no
responsibility for providing updated information.
Slides and Audio Webcast: There will also be a
simultaneous live webcast over the internet, through the Scorpio
Tankers Inc. website www.scorpiotankers.com. Participants for
the live webcast should register on the website approximately 10
minutes prior to the start of the webcast.
Webcast
URL: https://edge.media-server.com/m6/p/fuakrmuz
About Scorpio Tankers Inc.Scorpio Tankers is a
provider of marine transportation of petroleum products worldwide.
The Company currently owns or finance leases 109 product tankers
(38 LR2 tankers, 12 LR1 tankers, 45 MR tankers and 14 Handymax
tankers) with an average age of 3.7 years and bareboat charters-in
10 product tankers (three MR tankers and seven Handymax
tankers).
Forward-Looking Statements
Matters discussed in this press release may constitute
forward‐looking statements. The Private Securities Litigation
Reform Act of 1995 provides safe harbor protections for
forward‐looking statements in order to encourage companies to
provide prospective information about their business.
Forward‐looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements, which are other than
statements of historical facts. Scorpio Tankers desires to take
advantage of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and is including this cautionary
statement in connection with this safe harbor legislation. The
words “believe,” “expect,” “anticipate,” “estimate,” “intend,”
“plan,” “target,” “project,” “likely,” “may,” “will,” “would,”
“could” and similar expressions identify forward‐looking
statements. The forward‐looking statements in this press release
are based upon various assumptions, many of which are based, in
turn, upon further assumptions, including without limitation,
management’s examination of historical operating trends, data
contained in the Company’s records and other data available from
third parties. Although management believes that these assumptions
were reasonable when made, because these assumptions are inherently
subject to significant uncertainties and contingencies which are
difficult or impossible to predict and are beyond the Company’s
control, there can be no assurance that Scorpio Tankers will
achieve or accomplish these expectations, beliefs or projections.
The Company undertakes no obligation, and specifically declines any
obligation, except as required by law, to publicly update or revise
any forward‐ looking statements, whether as a result of new
information, future events or otherwise. In addition to these
important factors, other important factors that, in the Company’s
view, could cause actual results to differ materially from those
discussed in the forward‐looking statements include, unforeseen
liabilities, future capital expenditures, revenues, expenses,
earnings, synergies, economic performance, indebtedness, financial
condition, losses, future prospects, business and management
strategies for the management, expansion and growth of the
Company’s operations, risks relating to the integration of assets
or operations of entities that we have or may in the future acquire
and the possibility that the anticipated synergies and other
benefits of such acquisitions may not be realized within expected
timeframes or at all, the failure of counterparties to fully
perform their contracts with the Company, the strength of world
economies and currencies, general market conditions, including
fluctuations in charter rates and vessel values, changes in demand
for tanker vessel capacity, changes in the Company’s operating
expenses, including bunker prices, drydocking and insurance costs,
the market for the Company’s vessels, availability of financing and
refinancing, charter counterparty performance, ability to obtain
financing and comply with covenants in such financing arrangements,
changes in governmental rules and regulations or actions taken by
regulatory authorities, potential liability from pending or future
litigation, general domestic and international political
conditions, potential disruption of shipping routes due to
accidents or political events, vessels breakdowns and instances of
off‐hires, and other factors. Please see Scorpio Tankers’ filings
with the SEC for a complete discussion of certain of these and
other risks and uncertainties.
Contact Information
Scorpio Tankers Inc. (212) 542-1616
Scorpio Tankers (NYSE:STNG)
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