Teekay Tankers Ltd. (TNK)
| Market Cap | 2.66B +79.2% |
| Revenue (ttm) | 1.01B -7.9% |
| Net Income | 428.71M +29.6% |
| EPS | 12.31 +29.3% |
| Shares Out | 34.64M |
| PE Ratio | 6.25 |
| Forward PE | 5.24 |
| Dividend | $2.00 (2.60%) |
| Ex-Dividend Date | May 26, 2026 |
| Volume | 232,997 |
| Open | 77.19 |
| Previous Close | 77.19 |
| Day's Range | 76.30 - 79.12 |
| 52-Week Range | 41.05 - 83.99 |
| Beta | -0.23 |
| Analysts | Buy |
| Price Target | 86.20 (+12.06%) |
| Earnings Date | May 13, 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 4 analysts, the average rating for TNK stock is "Buy." The 12-month stock price target is $86.2, which is an increase of 12.06% from the latest price.
News
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 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.
Teekay Tankers reports Q4 adjusted EPS $2.80, consensus $2.73
Reports Q4 revenue $258.27M vs. $229.02M last year. “Teekay Tankers (TNK) posted strong financial results for the fourth quarter and full year 2025, generating GAAP net income of $351 million…
Teekay Corporation Ltd. Fourth Quarter and Annual 2025 Update
HAMILTON, Bermuda, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported an update for the three months and year ended December 31, 2025. The updat...
Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2025 Results and Declares Dividend
HAMILTON, Bermuda, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the three months and year ended December 3...
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
HAMILTON, Bermuda, Feb. 04, 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 Corporation Ltd. Third Quarter 2025 Update
HAMILTON, Bermuda, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported an update for the three months ended September 30, 2025. The update and Te...
Teekay Tankers Ltd. Reports Third Quarter 2025 Results and Declares Dividend
HAMILTON, Bermuda, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended September 30, 2025 and a...
Teekay Tankers Earnings Call Transcript: Q3 2025
Q3 2025 saw record net income, strong spot rates, and robust cash flow with no debt and $775M cash. Fleet renewal advanced through vessel sales and acquisitions, while the outlook remains positive amid high oil supply and trade volumes.
Teekay Tankers price target raised to $60 from $53 at Evercore ISI
Evercore ISI analyst Jonathan Chappell raised the firm’s price target on Teekay Tankers (TNK) to $60 from $53 and keeps an Outperform rating on the shares. Heading into the winter…
Teekay Tankers price target raised to $55 from $41 at BofA
BofA raised the firm’s price target on Teekay Tankers (TNK) to $55 from $41 and keeps an Underperform rating on the shares. The firm raised the multiple target it applies…
Teekay Group to Announce Third Quarter 2025 Earnings Results on October 29, 2025
HAMILTON, Bermuda, Oct. 21, 2025 (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 reports Q2 EPS $1.41, consensus $1.40
Reports Q2 revenue $232.87M vs. $328.26M last year. “Teekay Tankers (TNK) posted strong financial results for the second quarter of 2025, generating GAAP net income of $62.6 million and adjusted…
Teekay Tankers Ltd. Reports Second Quarter 2025 Results and Declares Dividend
HAMILTON, Bermuda, July 30, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2025 and announ...