Scorpio Tankers is generating about $200m in cash per quarter, boasts a market capitalisation above $3bn and it may be that the product tanker giant is just getting warmed up, even as winter prepares to cool things down in the Northern Hemisphere.
“It’s literally like a dream,” Scorpio president Robert Bugbee told Streetwise this week.
“We’re where we’ve always dreamt and hoped we would be.