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Teekay Tankers Ltd. (TNK)

Stock Price: $15.90 USD 0.43 (2.78%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
After-hours: $16.00 +0.10 (0.63%) Aug 12, 7:53 PM

Stock Price Chart

Key Info

Market Cap 534.65M
Revenue (ttm) 1.05B
Net Income (ttm) 41.36M
Shares Out 29.10M
EPS (ttm) 4.02
PE Ratio 3.96
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 12, 2020
Last Price $15.90
Previous Close $15.47
Change ($) 0.43
Change (%) 2.78%
Day's Open 15.56
Day's Range 15.30 - 15.99
Day's Volume 521,410
52-Week Range 7.68 - 26.92

More Stats

Market Cap 534.65M
Enterprise Value 1.49B
Earnings Date (est) Aug 13, 2020
Ex-Dividend Date n/a
Shares Outstanding 29.10M
Float 23.71M
EPS (basic) 1.23
EPS (diluted) 4.02
FCF / Share 3.75
Dividend n/a
Dividend Yield n/a
Earnings Yield 25.28%
FCF Yield 23.57%
Payout Ratio n/a
Shares Short 2.60M
Short Ratio 2.77
Short % of Float 10.96%
Beta 0.26
PE Ratio 3.96
Forward PE n/a
P/FCF Ratio 4.24
PS Ratio 0.51
PB Ratio 0.47
Revenue 1.05B
Operating Income 123.88M
Net Income 41.36M
Free Cash Flow 126.04M
Net Cash -951.56M
Net Cash / Share -28.30
Gross Margin 27.66%
Operating Margin 11.82%
Profit Margin 4.40%
FCF Margin 12.03%
ROA 6.23%
ROE 13.20%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 6
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$20.86*
(31.19% upside)
Low
12.0
Current: $15.90
High
30.0
Target: 20.86
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue944776431551535250180197215240
Revenue Growth21.56%80.09%-21.68%2.97%113.87%38.88%-8.82%-8.2%-10.52%-
Gross Profit29016714824730411873.8492.70115153
Operating Income1247.201.4289.2419165.869.27-340-44.4557.60
Net Income41.36-52.55-58.0267.8218460.54-2.71-370-113-23.14
Shares Outstanding33.6233.5623.4021.2617.9910.7410.459.947.605.29
Earnings Per Share1.23-1.57-2.483.2010.005.28-0.80-36.32-1.202.96
EPS Growth----68%89.39%-----
Dividend Per Share-0.240.962.400.960.960.963.206.6410.24
Dividend Growth--75%-60%150%0%0%-70%-51.81%-35.16%-
Operating Cash Flow118-7.2680.4920720220.9414.7527.5424.0258.40
Capital Expenditures8.38-5.2447.4018.32-8371487.21-2.52-4.3423.41
Free Cash Flow126-12.50128225-63516921.9625.0219.6881.81
Cash & Equivalents92.4759.9874.0595.7897.2916316214618.5712.45
Total Debt1,0441,1111,1019331,165709745762937468
Net Cash / Debt-952-1,051-1,027-837-1,067-546-583-616-919-456
Assets2,2292,1612,1971,9642,1691,2411,0981,1061,641937
Liabilities1,2401,2141,1911,0321,2927638138031,063494
Book Value9909471,007933877478285302578443
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Teekay Tankers Ltd.
Country Canada
Employees 2,200
CEO Kevin J. Mackay

Stock Information

Ticker Symbol TNK
Stock Exchange New York Stock Exchange
Sector Energy
Industry Oil & Gas Midstream
Unique Identifier NYSE: TNK
IPO Date December 13, 2007

Description

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Tanker and Ship-to-ship Transfer (STS). The company offers voyage and time charter services; and offshore STS 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, LNG terminal management, consultancy, procurement, and equipment rental services; and lightering support services, including full service lightering and other lightering support services. As of December 31, 2019, the company owned and leased 55 double-hull oil tankers, 2 ship-to-ship support vessels, and 9 time chartered-in tankers. Its vessels are employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. Teekay Tankers Ltd. was founded in 2007 and is based in Vancouver, Canada.