Teekay Tankers Ltd. (LON: 0EAQ)
Market Cap | 1.14B |
Revenue (ttm) | 888.98M |
Net Income (ttm) | 315.04M |
Shares Out | n/a |
EPS (ttm) | 9.09 |
PE Ratio | 3.62 |
Forward PE | n/a |
Dividend | 2.36 (5.51%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 1,407 |
Average Volume | 1,220 |
Open | 40.81 |
Previous Close | 42.85 |
Day's Range | 40.50 - 41.46 |
52-Week Range | 35.06 - 64.30 |
Beta | -0.33 |
RSI | 47.42 |
Earnings Date | Feb 20, 2025 |
About Teekay Tankers
Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It also engages management of vessels, procurement, and equipment rental businesses. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Bermuda. [Read more]
Financial Performance
In 2023, Teekay Tankers's revenue was $1.36 billion, an increase of 28.35% compared to the previous year's $1.06 billion. Earnings were $513.67 million, an increase of 124.23%.
Financial numbers in USD Financial StatementsNews
Teekay Tankers Ltd (TNK) Trading 3.37% Higher on Jan 2
Teekay Tankers Ltd (TNK) Trading 3.37% Higher on Jan 2
Teekay Tankers: Valuation Secured By Scrap Value And Huge Cash Pile
Teekay Tankers is an undervalued opportunity with strong financial position and potential for significant upside at $50 per share. Read my analysis of TNK stock.
Teekay Tankers: Watch Out For Geopolitics In 2025
TNK's stock price is driven by tanker rates, which are currently suppressed by weak global oil demand and extended OPEC+ production cuts. Explore more details here.
Teekay Corporation: Offering Exposure To Teekay Tankers At A Discount
At the end of Oct. 2024, Teekay Corporation owned 10.6M Class A and Class B common shares of Teekay Tankers. Read why TK stock is a Strong Buy.
Teekay Group Announces Changes to Boards of Directors
HAMILTON, Bermuda, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) announced today the following changes to their respe...
Teekay Tankers: Significant Free Cash Flow Generation With 35% Of Market Cap In Net Cash
Teekay Tankers continues to generate significant free cash flows. Click here to see why TNK stock is a Buy.
Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns
In recent months, seasonality has impacted dirty tanker rates. Besides that, China's crude imports declined. On the other hand, tanker supply fundamentals are still favorable. Teekay Tankers reported ...
Teekay Tankers Ltd. (TNK) Q3 2024 Earnings Call Transcript
Teekay Tankers Ltd. (TNK) Q3 2024 Earnings Call Transcript
Teekay Corporation Ltd. Reports Third Quarter 2024 Results; Declares a Special Dividend; and Announces New Share Repurchase Program
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2024. The full earnings ...
Teekay Tankers Ltd. Reports Third Quarter 2024 Results and Declares Dividend
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended September 30, 2024 and a...
Teekay Group to Announce Third Quarter 2024 Earnings Results on October 30, 2024
HAMILTON, Bermuda, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release the...
Teekay Corporation and Teekay Tankers Ltd. Announce Senior Management Changes
HAMILTON, Bermuda, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the foll...
Teekay Tankers: Navigating Challenges, Seizing Opportunities Amid Favorable Market Dynamics
Teekay Tankers stock dropped 12% after Q2-2024 results, but financial health remains strong. Q2-2024 revenues dropped by 20% due to decreasing tanker spot day rates. Teekay Tankers benefits from histo...
Teekay Tankers Ltd. (TNK) Q2 2024 Earnings Call Transcript
Teekay Tankers Ltd. (NYSE:TNK) Q2 2024 Results Conference Call August 1, 2024 11:00 AM ET Company Participants Kevin Mackay - President and Chief Executive Officer Stewart Andrade - Chief Financial O...
Teekay Corporation Reports Second Quarter 2024 Results
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended June 30, 2024.
Teekay Tankers Ltd. Reports Second Quarter 2024 Results and Declares Dividend
HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2024 and announ...
Teekay Group to Announce Second Quarter 2024 Earnings Results on August 1, 2024
HAMILTON, Bermuda, July 24, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the second qu...
Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend
Global transport stocks have outperformed the S&P 500, with the US Global Sea to Sky Cargo ETF up 36% YoY. Teekay Tankers leads the performance with its strong balance sheet, EPS growth, debt-free sta...
Teekay Tankers Ltd. Reports First Quarter 2024 Results and Declares Dividends
HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended March 31, 2024 and announ...
Teekay Corporation Reports First Quarter 2024 Results
HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended March 31, 2024.
Teekay Group to Announce First Quarter 2024 Earnings Results on May 9, 2024
HAMILTON, Bermuda, May 01, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the first quar...
Teekay Tankers: Low Tanker Fleet Growth Points To Years Of High Profits
The shipping industry, particularly the oil tanker sector, has performed well due to a shortage of vessels and increased global oil transportation needs. Teekay Tankers has significantly reduced its l...
Teekay Group Publishes 2023 Sustainability Report and Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2023
HAMILTON, Bermuda, March 25, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the pub...
Teekay Tankers Ltd. (TNK) Q4 2023 Earnings Call Transcript
Teekay Tankers Ltd. (TNK) Q4 2023 Earnings Call Transcript
Teekay Corporation Reports Fourth Quarter and Annual 2023 Results
HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2023.