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Teekay Tankers Ltd. (TNK)

NYSE: TNK · Delayed Price · USD
12.16 -0.02 (-0.16%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap393.86M
Revenue (ttm)886.43M
Net Income (ttm)87.32M
Shares Out29.20M
EPS (ttm)-7.96
PE Ration/a
Forward PE5.42
Dividendn/a
Ex-Dividend Daten/a
Volume159,345
Open12.21
Previous Close12.18
Day's Range11.95 - 12.27
52-Week Range8.90 - 16.09
Beta0.20
AnalystsBuy
Price Target17.33 (+42.5%)
Est. Earnings DateNov 11, 2021

About TNK

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore Ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management, liquefied natural gas terminal management, consultancy, procurement, equipment rental, and other related services; and lightering support services, including, full-servi...

IndustryOil, Gas & Consumable Fuels
IPO DateDec 13, 2007
CEOKevin Mackay
Employees2,100
Stock ExchangeNYSE
Ticker SymbolTNK
Full Company Profile

Financial Performance

In 2020, Teekay Tankers's revenue was $886.43 million, a decrease of -6.09% compared to the previous year's $943.92 million. Earnings were $87.32 million, an increase of 111.10%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for Teekay Tankers stock is "Buy." The 12-month stock price forecast is 17.33, which is an increase of 42.54% from the latest price.

Price Target
$17.33
(42.54% upside)
Analyst Consensus: Buy

News

Teekay Tankers (TNK) Reports Q2 Loss, Misses Revenue Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of -18.27% and -13.23%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Other symbols:TK
1 month ago - Zacks Investment Research

Teekay Tankers: Q2 Earnings Insights

Shares of Teekay Tankers (NYSE:TNK) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share decreased 151.46% year over year to ($1.23), which missed the estimate of (...

Other symbols:TK
1 month ago - Benzinga

Teekay Tankers Ltd. Reports Second Quarter 2021 Results

Highlights

1 month ago - GlobeNewsWire

Teekay Tankers (TNK) Reports Q1 Loss, Misses Revenue Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of 7.14% and -9.17%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Teekay Tankers: Q1 Earnings Insights

Shares of Teekay Tankers (NYSE:TNK) fell 0.7% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 119.88% over the past year to ($0.65), which bea...

Other symbols:TK
4 months ago - Benzinga

Teekay Tankers Ltd. Reports First Quarter 2021 Results

Highlights

4 months ago - GlobeNewsWire

Which shipping stocks rose the most in wake of COVID pandemic?

The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — have...

4 months ago - FreightWaves

These 2 Stock Market Plays Are Moving Up the Charts in 2021

Could these areas see more gains ahead?

5 months ago - The Motley Fool

Full steam ahead for Wall Street's shipping stocks

After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns.

6 months ago - FreightWaves

Why Nordic American Tankers, Teekay Tankers, and Scorpio Tankers Stocks All Popped Today

Rising tanker indexes beget rising tanker stock prices.

Other symbols:NATSTNG
6 months ago - The Motley Fool

3 Graham-Style Stocks for the Value Investor

To increase the effectiveness of screening for value opportunities, one method is to pick stocks whose "Graham blended multiplier" is less than 22.5. Designed by Benjamin Graham, the father of value inv...

Other symbols:MCBSPFI
8 months ago - GuruFocus

Top Oil and Gas Stocks for Q1 2021

These are the oil and gas stocks with the best value, fastest growth, and most momentum for Q1 2021.

Other symbols:EURNFLNGTGSTRMDVVVWLL
9 months ago - Investopedia

Top Oil Tanker Stocks for Q1 2021

These are the oil tanker stocks with the best value, fastest growth, and best performance for Q1 2021.

Other symbols:DHTEURNINSWNATSFL
9 months ago - Investopedia

4 Undervalued Bargain Stocks to Buy Before They Bounce

These bargain stocks could potentially outperform in the coming year. They have strong fundamentals and are worth holding long-term as well.

Other symbols:BIDUMOPFE
9 months ago - InvestorPlace

Teekay Tankers Ltd. (TNK) CEO Kevin Mackay on Q3 2020 Results - Earnings Call Transcript

Teekay Tankers Ltd. (TNK) CEO Kevin Mackay on Q3 2020 Results - Earnings Call Transcript

Other symbols:TK
10 months ago - Seeking Alpha

Teekay Tankers (TNK) Q3 Earnings Lag Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of -25.00% and 2.75%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Teekay Tankers Ltd. Reports Third Quarter 2020 Results

Highlights

10 months ago - GlobeNewsWire

Teekay Tankers (TNK) Earnings Expected to Grow: Should You Buy?

Teekay Tankers (TNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

Why crude-tanker collapse could be long and painful

Chinese water torture is defined as “a painful process in which cold water is slowly dripped onto the scalp, forehead or face for a prolonged period of time, allegedly making the restrained victim insan...

Other symbols:DHTEURNFROINSWNAT
11 months ago - FreightWaves

Teekay Tankers Is Very Attractive With A Large Discount To NAV

Teekay Tankers is trading at a large discount to net asset value, even when a more bearish scenario is considered.

11 months ago - Seeking Alpha

Top Oil Tanker Stocks for Q4 2020

These are the oil tanker stocks with the best value, growth, and most momentum for Q4 2020.

Other symbols:DHTEURNFRONATSFLTGP
1 year ago - Investopedia

Top Oil and Gas Stocks for Q4 2020

These are the oil and gas stocks with the best value, fastest growth, and most momentum for Q4 2020.

1 year ago - Investopedia

Teekay Tankers Ltd. (TNK) CEO Kevin Mackay on Q2 2020 Results - Earnings Call Transcript

Teekay Tankers Ltd. (TNK) CEO Kevin Mackay on Q2 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Teekay Tankers (TNK) Lags Q2 Earnings and Revenue Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of -17.59% and -15.73%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research