Teekay Tankers Ltd. (TNK)

NYSE: TNK · IEX Real-Time Price · USD
33.28
+1.11 (3.45%)
Nov 29, 2022 3:30 PM EDT - Market open
3.45%
Market Cap 1.09B
Revenue (ttm) 856.10M
Net Income (ttm) 42.85M
Shares Out 34.04M
EPS (ttm) 1.27
PE Ratio 26.23
Forward PE 3.51
Dividend n/a
Ex-Dividend Date n/a
Volume 328,414
Open 33.34
Previous Close 32.17
Day's Range 32.91 - 34.45
52-Week Range 9.89 - 35.44
Beta -0.09
Analysts Buy
Price Target 36.43 (+9.4%)
Earnings Date Nov 3, 2022

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 services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd.... [Read more]

Industry Oil, Gas & Consumable Fuels
IPO Date Dec 13, 2007
CEO Kevin Mackay
Employees 1,900
Stock Exchange NYSE
Ticker Symbol TNK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for TNK stock is "Buy." The 12-month stock price forecast is 36.43, which is an increase of 9.35% from the latest price.

Price Target
$36.43
(9.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Shipping Stocks Worth Betting on Despite Industry Headwinds

STNG, TNK and GLOP stand tall in the Zacks Transportation -Shipping industry, battling inflated operating costs and supply-chain snarls.

Other symbols: GLOPSTNG
32 minutes ago - Zacks Investment Research

Teekay Tankers (TNK) Recently Broke Out Above the 20-Day Moving Average

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

1 day ago - Zacks Investment Research

Teekay Tankers (TNK) Lags Q3 Earnings and Revenue Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of -6.08% and 6.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Teekay Tankers Ltd. Reports Third Quarter 2022 Results

HAMILTON, Bermuda, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended September 30, 2022:

3 weeks ago - GlobeNewsWire

Teekay Tankers (TNK) to Post Q3 Earnings: What's in Store?

Favorable tanker rates are likely to have aided Teekay Tankers' (TNK) Q322 performance.

3 weeks ago - Zacks Investment Research

What Makes Teekay Tankers (TNK) a Strong Momentum Stock: Buy Now?

Does Teekay Tankers (TNK) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Teekay Tankers (TNK) Earnings Expected to Grow: What to Know Ahead of Q3 Release

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.

1 month ago - Zacks Investment Research

3 Top-Ranked Stocks Pushing 52-Week Highs

Stocks making new highs tend to make even higher highs, especially when positive earnings estimate revisions roll in from analysts.

Other symbols: DCPRELL
1 month ago - Zacks Investment Research

Oil Tanker Stocks Hit New Highs On Unexpected War Booty

Oil tanker stocks are hitting new highs after the Russia-Ukraine war disrupted trade and drove overseas shipping demand. The post Oil Tanker Stocks Hit New Highs On Unexpected War Booty appeared first o...

Other symbols: ASCSTNG
1 month ago - Investors Business Daily

Best Momentum Stocks to Buy for October 5th

TNK, AVNW and CPNG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 5, 2022.

Other symbols: AVNWCPNG
1 month ago - Zacks Investment Research

New Strong Buy Stocks for October 5th

SFL, TNK, AVNW, CPNG and DDL have been added to the Zacks Rank #1 (Strong Buy) List on October 5, 2022.

Other symbols: AVNWCPNGDDLSFL
1 month ago - Zacks Investment Research

Teekay Tankers (TNK) Soars 12.5%: Is Further Upside Left in the Stock?

Teekay Tankers (TNK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

2 months ago - Zacks Investment Research

Biotech, Tanker Stocks Hit New Highs, Top Bullish Patterns

Both are in buy zones after topping follow-on patterns. The post Biotech, Tanker Stocks Hit New Highs, Top Bullish Patterns appeared first on Investor's Business Daily.

Other symbols: CPRX
2 months ago - Investors Business Daily

Teekay Tankers Ltd. Reports Second Quarter 2022 Results

HAMILTON, Bermuda, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2022:

3 months ago - GlobeNewsWire

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

6 months ago - FreightWaves

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

Teekay Tankers (TNK) delivered earnings and revenue surprises of 32.79% and 31.15%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Teekay Tankers Ltd. Reports First Quarter 2022 Results

HAMILTON, Bermuda, May 12, 2022 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended March 31, 2022:

6 months ago - GlobeNewsWire

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

6 months ago - FreightWaves

Will Teekay Tankers (TNK) Report Negative Earnings Next Week? What You Should Know

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.

6 months ago - Zacks Investment Research

Tanker shares jump as war rages; other shipping shares mixed

One of the axioms of shipping is that war can boost freight rates and share prices, particularly for tankers. Since Russia invaded Ukraine last week, tanker shares have indeed outperformed, but upside i...

Other symbols: NATDHTEURNFROINSWSTNG
8 months ago - FreightWaves

Teekay Tankers (TNK) Reports Q4 Loss, Tops Revenue Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of 11.90% and 6.29%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2021 Results

HAMILTON, Bermuda, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and year ended December 31, 2021:

9 months ago - GlobeNewsWire

Teekay Tankers (TNK) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

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.

9 months ago - Zacks Investment Research

Teekay Tankers (TNK) Reports Q3 Loss, Misses Revenue Estimates

Teekay Tankers (TNK) delivered earnings and revenue surprises of 9.20% and -0.87%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Other symbols: TK
1 year ago - Zacks Investment Research

Teekay Tankers Ltd. Reports Third Quarter 2021 Results

Highlights

1 year ago - GlobeNewsWire