10 Worst Performing Mid Cap Stocks to Buy According to Analysts

4. Scorpio Tankers Inc. (NYSE:STNG)

6-Month Performance as of February 26: -42.12%

Upside Potential as of February 26: 67.64%

Number of Hedge Fund Holders: 32

Scorpio Tankers Inc. (NYSE:STNG) is a global shipping company that specializes in the seaborne transportation of crude oil and refined petroleum products. With a substantial fleet of modern tankers, including LR2, MR, and Handymax vessels, it facilitates the movement of essential energy resources.

In 2024, the company generated $513 million in adjusted net income. This came from efficient fleet management and favorable market conditions. The company improved fleet efficiency by dry-docking 54 vessels, reducing future costs, and also sold 12 older vessels. This enhanced its fleet’s age profile. Scorpio Tankers Inc. (NYSE:STNG) is optimistic about the market due to strong product demand and low inventories. It’s also navigating geopolitical risks like tariffs and Red Sea disruptions.

It maintains $1.3 billion in liquidity for flexibility and is actively working to diversify its capital structure, as shown by its recent Nordic bond issuance. This refers to the $200 million of five-year senior unsecured bonds issued in the Nordic bond market at a 7.5% coupon to diversify the company’s capital structure and secure favorable financing.