Reidar Brekke - Scorpio Tankers Independent Director

STNG Stock  USD 51.76  0.98  1.86%   

Director

Mr. Reidar C. Brekke is Independent Director of the Company. Mr. Brekke has over 20 years experience in the international energy, container logistics and transportation sector. He also serves as a member of the board of directors of Diana Containerships Inc., a position he has held since June 2010. Mr. Brekke has served as a board member and President of Intermodal Holdings LP, a New York based portfolio company that invests in and operates marine containers, since 2012. From 2008 to 2012, Mr. Brekke served as President of Energy Capital Solution Inc., a company that provides strategic and financial advisory services to international shipping, logistics and energy related companies. From 2003 to 2008, he served as Manager of Poten Capital Services LLC, a registered brokerdealer specialized in the maritime sector. Prior to 2003, Mr. Brekke served as Chief Financial Officer, then President and Chief Operating Officer, of SynchroNet Marine, a logistics service provider to the global container transportation industry. He also held various senior positions with AMA Capital Partners LLC, a merchant banking firm focused on the maritime and energy industries. Furthermore, Mr. Brekke was an adjunct professor at Columbia Universitys School of International and Public Affairs Center for Energy, Marine Transportation and Public Policy since 2016.
Age 59
Tenure 8 years
Professional MarksMBA
Address 99 Boulevard du Jardin Exotique, Monaco, Monaco, 98000
Phone377 9798 5716
Webhttps://www.scorpiotankers.com
Brekke graduated from the New Mexico Military Institute in 1986 and has an MBA from the University of Nevada, Reno.

Scorpio Tankers Management Efficiency

The company has return on total asset (ROA) of 0.1093 % which means that it generated a profit of $0.1093 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2729 %, meaning that it created $0.2729 on every $100 dollars invested by stockholders. Scorpio Tankers' management efficiency ratios could be used to measure how well Scorpio Tankers manages its routine affairs as well as how well it operates its assets and liabilities. The Scorpio Tankers' current Return On Tangible Assets is estimated to increase to 0.14. The Scorpio Tankers' current Return On Capital Employed is estimated to increase to 0.20. At this time, Scorpio Tankers' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Scorpio Tankers' current Return On Tangible Assets is estimated to increase to 0.14, while Non Current Assets Total are projected to decrease to roughly 2.7 B.
Scorpio Tankers currently holds 1.59 B in liabilities with Debt to Equity (D/E) ratio of 1.35, which is about average as compared to similar companies. Scorpio Tankers has a current ratio of 1.5, which is within standard range for the sector. Note, when we think about Scorpio Tankers' use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Florian WeidingerNavigator Holdings
39
David KenwrightNavigator Holdings
72
Alexander OetkerNavigator Holdings
45
David GreenbergInternational Seaways
66
Joseph KronsbergInternational Seaways
37
Svenn EdvardsenDHT Holdings
54
Stephen EglinDHT Holdings
N/A
Timothy BernlohrInternational Seaways
61
Susan ReedyDHT Holdings
45
Jeremy KramerDHT Holdings
58
Ian BlackleyInternational Seaways
65
Randee DayInternational Seaways
72
David SchellenbergTeekay Tankers
56
James OShaughnessyFrontline
57
Heiko FischerNavigator Holdings
52
Ulrika LaurinFrontline
48
Tor SvellandFrontline
53
Sai ChuTeekay Tankers
53
Richard MoulinTeekay Tankers
73
Joseph PyneDHT Holdings
73
Ty WallachInternational Seaways
48
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco. Scorpio Tankers operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 26 people. Scorpio Tankers (STNG) is traded on New York Stock Exchange in USA. It is located in 99 Boulevard du Jardin Exotique, Monaco, Monaco, 98000 and employs 24 people. Scorpio Tankers is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Scorpio Tankers Leadership Team

Elected by the shareholders, the Scorpio Tankers' board of directors comprises two types of representatives: Scorpio Tankers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Scorpio. The board's role is to monitor Scorpio Tankers' management team and ensure that shareholders' interests are well served. Scorpio Tankers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Scorpio Tankers' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ademaro Lanzara, Lead Independent Director
Lars Nielsen, Commercial Director
Auste Adelborg, Secretary
Robert Bugbee, President, Director
Monica Pahwa, Sec
Marianne Oekland, Independent Director
Marianne Okland, Independent Director
Filippo Lauro, Vice President
James Doyle, Financial Analyst
Merrick Rayner, Independent Director
Jose Tarruella, Independent Director
Reidar Brekke, Independent Director
Alexandre Albertini, Independent Director
Brian Lee, Chief Financial Officer
Christopher Avella, Chief Officer
Auste Vizbaraite, Secretary
David Morant, Managing UK
Cameron Mackey, Chief Operating Officer, Director
Sujata Kumar, MD Director
Emanuele Lauro, Chairman of the Board, Chief Executive Officer
Fan Yang, Secretary

Scorpio Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Scorpio Tankers a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scorpio Tankers. If investors know Scorpio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scorpio Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.637
Dividend Share
1.55
Earnings Share
13.97
Revenue Per Share
27.856
Quarterly Revenue Growth
(0.08)
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.