Teekay Tankers Ltd. (TNK)
| Market Cap | 3.08B +84.9% |
| Revenue (ttm) | 1.15B +15.6% |
| Net Income | 592.00M +109.7% |
| EPS | 16.97 +108.7% |
| Shares Out | 34.68M |
| PE Ratio | 5.23 |
| Forward PE | 6.08 |
| Dividend | $1.00 (1.13%) |
| Ex-Dividend Date | Aug 10, 2026 |
| Volume | 352,965 |
| Open | 87.13 |
| Previous Close | 88.20 |
| Day's Range | 87.13 - 89.64 |
| 52-Week Range | 47.18 - 94.44 |
| Beta | -0.23 |
| Analysts | Buy |
| Price Target | 93.80 (+5.75%) |
| Earnings Date | Jul 29, 2026 |
About TNK
Teekay Tankers Ltd., together with its subsidiaries, provides marine transportation services to oil industries in Bermuda and internationally. The company operates in two segments: Tankers and Marine Servies. It offers voyage and time charter services; offshore ship-to-ship transfer of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. In addition, the company is involved in the vessels management, procurement, and equipment rental businesses. It serves energy and utility companies... [Read more]
Financial Performance
In 2025, Teekay Tankers's revenue was $951.80 million, a decrease of -22.58% compared to the previous year's $1.23 billion. Earnings were $351.19 million, a decrease of -13.00%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for TNK stock is "Buy." The 12-month stock price target is $93.8, which is an increase of 5.75% from the latest price.
News
Teekay Tankers price target raised to $78 from $75 at BofA
BofA analyst Ken Hoexter raised the firm’s price target on Teekay Tankers (TNK) to $78 from $75 and keeps an Underperform rating on the shares. The firm increased its Q3,…
Teekay Tankers Earnings Call Transcript: Q2 2026
Record net income and spot rates drove $200M in free cash flow and a $1.2B cash position with no debt. Fleet renewal continued with vessel sales and acquisitions, while geopolitical disruptions and low inventories support a positive tanker demand outlook.
Teekay Tankers Slides: Q2 2026
Teekay Tankers has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
Teekay Tankers Earnings release: Q2 2026
Teekay Tankers released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Teekay Tankers Ltd. Reports Second Quarter 2026 Results and Declares Dividend
HAMILTON, Bermuda, July 29, 2026 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the three months ended June 30, 2026 and a...
Teekay Tankers price target raised to $90 from $86 at Evercore ISI
Evercore ISI raised the firm’s price target on Teekay Tankers (TNK) to $90 from $86 and keeps an Outperform rating on the shares.
Teekay Group Publishes 2025 Sustainability Report
HAMILTON, Bermuda, July 15, 2026 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the...
Teekay Group To Announce Second Quarter 2026 Earnings Results On July 29, 2026
HAMILTON, Bermuda, July 14, 2026 (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 Tankers price target raised to $75 from $69 at BofA
BofA analyst Ken Hoexter raised the firm’s price target on Teekay Tankers (TNK) to $75 from $69 and keeps an Underperform rating on the shares. Given record tanker rates around…
Teekay Tankers price target lowered to $86 from $90 at Evercore ISI
Evercore ISI analyst Jonathan Chappell lowered the firm’s price target on Teekay Tankers (TNK) to $86 from $90 and keeps an Outperform rating on the shares.
Teekay Tankers Earnings Call Transcript: Q1 2026
Net income and free cash flow surged year-over-year, driven by record spot tanker rates and strong operational leverage. Fleet renewal continued with disciplined vessel sales and acquisitions, while a robust cash position and no debt support future growth and shareholder returns.
Teekay Tankers Earnings release: Q1 2026
Teekay Tankers released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.
Teekay Tankers Slides: Q1 2026
Teekay Tankers has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 14, 2026.
Teekay Tankers reports Q1 adjusted EPS $3.69, consensus $3.54
Reports Q1 revenue $286.09M, consensus $218.72M. “Teekay Tankers (TNK) posted strong financial results for the first quarter of 2026, generating GAAP net income of $153.6 million and adjusted net inco...
Teekay Tankers declares $1.00 per share special cash dividend
In addition, the company declared a special dividend of $1.00 per share. The company said, “While the near-term tanker market outlook remains difficult to predict and significantly influenced by highl...
Teekay Tankers Ltd. Reports First Quarter 2026 Results; and Declares Dividends
HAMILTON, Bermuda, May 13, 2026 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the three months ended March 31, 2026 and a...
Teekay Corporation Ltd. First Quarter 2026 Update; and Declares a Special Dividend
HAMILTON, Bermuda, May 13, 2026 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported an update for the three months ended March 31, 2026. The update and Teekay ...
Teekay Group to Announce First Quarter 2026 Earnings Results on May 13, 2026
HAMILTON, Bermuda, April 29, 2026 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release th...
Teekay Tankers price target raised to $90 from $84 at Evercore ISI
Evercore ISI raised the firm’s price target on Teekay Tankers (TNK) to $90 from $84 and keeps an Outperform rating on the shares. The Iran War and Strait of Hormuz…
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
HAMILTON, Bermuda, March 13, 2026 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) have released thei...
Teekay Tankers price target raised to $69 from $60 at BofA
BofA analyst Ken Hoexter raised the firm’s price target on Teekay Tankers (TNK) to $69 from $60 and keeps an Underperform rating on the shares. The firm remain concerned about…
Teekay Tankers price target raised to $84 from $74 at Evercore ISI
Evercore ISI raised the firm’s price target on Teekay Tankers (TNK) to $84 from $74 and keeps an Outperform rating on the shares.
Teekay Tankers downgraded to Hold from Buy at DNB Carnegie
DNB Carnegie downgraded Teekay Tankers (TNK) to Hold from Buy.
Teekay Tankers Earnings Call Transcript: Q4 2025
Q4 and FY25 saw strong net income, high spot rates, and robust free cash flow with no debt. Fleet renewal advanced through vessel sales and acquisitions, while a strong cash position supports future growth. Market outlook remains positive amid geopolitical shifts and an aging fleet.