|Bid||6.41 x 800|
|Ask||6.42 x 800|
|Day's Range||6.32 - 6.48|
|52 Week Range||5.25 - 8.45|
|Beta (3Y Monthly)||2.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||0.08 (1.31%)|
|1y Target Est||9.33|
SAN JOSE, Calif., Dec. 04, 2018 -- Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine™ Exhaust Gas Scrubbing System (System), is pleased to announce.
Scorpio Bulkers Inc. (SALT) (“Scorpio Bulkers,” or the “Company”) announced today that as part of its previously announced program to install exhaust gas cleaning systems across its fleet, it has entered into an agreement with third parties to purchase exhaust gas cleanings systems for 18 of its vessels in 2019 and for 10 of its vessels in 2020. The total value of these agreements is estimated to be $42.4 million. The systems that are being fitted are of ‘hybrid ready’ design, which allows them to be upgraded to a ‘closed loop’ configuration at a future date. As part of the above-mentioned agreement, Scorpio Bulkers also has an option to purchase exhaust gas cleaning systems for up to 18 additional vessels in 2020.
Scorpio Bulkers Inc. (SALT) (“Scorpio Bulkers,” or the “Company”) announced today that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Libra, one of its Ultramax drybulk carriers, for a period of between five and seven months at a rate of $15,250 per day. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels), and one time chartered-in Ultramax vessel. The Company’s owned and finance leased fleet has a total carrying capacity of approximately 3.9 million dwt and all of the Company’s owned vessels have carrying capacities of greater than 60,000 dwt.
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, notched its biggest gain in about two years on Friday, propelled by robust demand for capesize vessels. ...
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday, buoyed by higher demand for capesize vessels. * The overall index, which factors ...
NEW YORK, Nov. 16, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Investors are always looking for growth in small-cap stocks like Scorpio Bulkers Inc (NYSE:SALT), with a market cap of US$480m. However, an important fact which most ignore is: how financially Read More...
Scorpio Bulkers (SALT) delivered earnings and revenue surprises of -33.33% and -1.11%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, were 2 cents per share. The results fell short of Wall Street expectations. The average estimate of eight ...
MONACO, Oct. 22, 2018 -- Scorpio Bulkers Inc. (NYSE: SALT) (“Scorpio Bulkers”, or the “Company”), today reported its results for the three and nine months ended September 30,.
MONACO, Oct. 16, 2018 -- Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced today that time charter-out agreements have been entered into for.
Scorpio Bulkers Inc. (SALT) (“Scorpio Bulkers,” or the “Company”) announced today that it has agreed letters of intent, which are subject to the execution of definitive documentation, with suppliers, engineering firms, and ship repair facilities to cover the purchase and installation of Exhaust Gas Cleaning Systems ("Scrubbers") on substantially all of its owned and finance leased Kamsarmax and Ultramax vessels between the second quarter of 2019 and the third quarter of 2020. The Scrubbers and their installation will cost between $1.5 - $2.2 million per vessel, and the Company anticipates that between 60-70% of these costs will be financed. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc. has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels), and one time chartered-in Ultramax vessel.
Scorpio Bulkers Inc. (SALT) (“Scorpio Bulkers,” or the “Company”) plans to announce third quarter 2018 financial results in a press release that will be issued before the market open on Monday, October 22, 2018. A conference call to discuss the Company’s results will be held at 9:00 AM Eastern Daylight Time / 3:00 PM Central European Summer Time. Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 4664187. 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.
Scorpio Bulkers (SALT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of Scorpio Bulkers Inc. dropped 8.2% in morning trade Wednesday after Evercore ISI downgraded the dry bulk shipping company, after the company announced a $100 million investment in affiliated Scorpio Tankers Inc. , a petroleum shipping company. Analyst Jonathan Chappell cut his rating to in line from outperform, and slashed his price target to $8 from $10. "Although the investment may prove shrewd, coming at a massive discount to [Scorpio Tankers' net asset value] at what we believe to be the trough of the product tanker cycle, [Scorpio Bulkers] is now no long a pure-play on the dry bulk shipping market recovery that we forecast, and for that reason we no longer believe that the shares deserve a premium multiple to the peer group," Chappell wrote in a note to clients. Scorpio Tankers' stock dropped 9.2%, as Scorpio Bulkers's investment to buy $100 million, or 54.1 million shares, of Scorpio Tankers, was part of Scorpio Tankers's public offering of 162,162,163 shares of common stock at $1.85, to raise $300 million. Scorpio Bulkers' stock has lost 11% year to date and Scorpio Tankers shares have slid 37%, while the S&P 500 has gained 6.7%.
MONACO, Oct. 09, 2018 -- Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced today that the Company has agreed to invest $100.0 million in a.
Scorpio Tankers Inc. (STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has priced its previously announced underwritten public offering (the “Offering”) of 162,162,163 common shares, par value $0.01 per share (“Common Shares”), at $1.85 per share.
Scorpio Tankers Inc. (STNG) (“Scorpio Tankers,” or the “Company”) announced today that it intends to offer, issue and sell to the public $250 million of common shares, par value $0.01 per share (“Common Shares”), through an underwritten public offering (the “Offering”). The net proceeds of the Offering are expected to be used for general corporate purposes. As part of this offering, Scorpio Bulkers Inc. (SALT), or SALT, and Scorpio Services Holding Limited, or SSH, each a related party and members of the Scorpio Group of companies, have each expressed an interest in purchasing common shares at the public offering price with a value of at least $100 million and $10 million, respectively. However, because indications of interest are not binding agreements or commitments to purchase, the underwriters may determine to sell more, fewer or no common shares in this offering to either or both of these entities, or either or both of these entities may determine to purchase more, fewer or no common shares in this offering.
B. Riley FBR initiated coverage of multiple shipping stocks this week, taking bullish stances on Scorpio Bulkers Inc (NYSE: SALT ), 2) Golar LNG Limited (NASDAQ: GLNG ) and Eagle Bulk Shipping Inc. (NASDAQ: ...
Scorpio Bulkers Inc. (SALT) (“Scorpio Bulkers,” or the “Company”) announced today that the Company has received a commitment from Nordea Bank Abp, acting through its New York branch, and DVB Bank SE for a loan facility of up to $90.0 million. The loan facility will be used to finance up to 60% of the fair market value of six Ultramax dry bulk vessels (SBI Orion, SBI Hyperion, SBI Tethys, SBI Hercules, SBI Samson and SBI Phoenix).
Scorpio Bulkers Inc. (SALT) (“Scorpio Bulkers,” or the “Company”) announced today that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party. As part of the transaction, the Company will sell a 2016 Japanese built Ultramax dry bulk vessel, SBI Hermes, for a consideration of $20.5 million and then lease it back from the buyer through a five-year bareboat charter agreement at a rate of $5,850 per day.
Every investor in Scorpio Bulkers Inc (NYSE:SALT) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insidersRead More...