Home » Stocks » TNK

Teekay Tankers Ltd. (TNK)

Stock Price: $15.55 USD -0.10 (-0.64%)
Updated Jun 11, 2021 4:00 PM EDT - Market closed
Market Cap 524.83M
Revenue (ttm) 886.43M
Net Income (ttm) 87.32M
Shares Out 29.13M
EPS (ttm) -1.22
PE Ratio n/a
Forward PE 4.76
Dividend $0.03
Dividend Yield 0.19%
Trading Day June 11
Last Price $15.55
Previous Close $15.65
Change ($) -0.10
Change (%) -0.64%
Day's Open 15.80
Day's Range 15.48 - 15.99
Day's Volume 310,824
52-Week Range 8.90 - 16.59

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

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?

1 month ago - Zacks Investment Research

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 stocks mentioned: TK
1 month ago - Benzinga

Highlights

1 month ago - GlobeNewsWire

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...

Other stocks mentioned: AMKBY, CMRE, DAC, DHT, EDRY, EGLE, ESEA ...
1 month ago - FreightWaves

Could these areas see more gains ahead?

Other stocks mentioned: APHA, BTI, FRO, GWPH, JAZZ, MJ, NAT ...
2 months ago - The Motley Fool

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

Other stocks mentioned: CMRE, DHT, DSSI, EGLE, ESEA, FRO, GNK ...
3 months ago - FreightWaves

Rising tanker indexes beget rising tanker stock prices.

Other stocks mentioned: NAT, STNG
3 months ago - The Motley Fool

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 stocks mentioned: MCB, SPFI
4 months ago - GuruFocus

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

Other stocks mentioned: EURN, FLNG, TGS, TRMD, VVV, WLL
6 months ago - Investopedia

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

Other stocks mentioned: DHT, EURN, INSW, NAT, SFL
6 months ago - Investopedia

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

Other stocks mentioned: BIDU, MO, PFE
6 months ago - InvestorPlace

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

Other stocks mentioned: TK
7 months ago - Seeking Alpha

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?

7 months ago - Zacks Investment Research

Highlights

7 months ago - GlobeNewsWire

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.

7 months ago - Zacks Investment Research

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 stocks mentioned: DHT, DSSI, EURN, FRO, INSW, NAT
7 months ago - FreightWaves

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

8 months ago - Seeking Alpha

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

Other stocks mentioned: DHT, EURN, FRO, NAT, SFL, TGP
8 months ago - Investopedia

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

Other stocks mentioned: CNNEF, HMLP, REGI, TALO, TRMD, WLL, XLE
8 months ago - Investopedia

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

10 months ago - Seeking Alpha

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?

10 months ago - Zacks Investment Research

Shares of Teekay Tankers (NYSE:TNK) moved higher by 4% in pre-market trading after the company reported Q2 results.

10 months ago - Benzinga

Highlights

10 months ago - GlobeNewsWire

Coronavirus-induced supply-chain disruptions might hurt Teekay Tankers' (TNK) Q2 results.

10 months ago - Zacks Investment Research

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

In the latest trading session, Teekay Tankers (TNK) closed at $14.71, marking a +1.45% move from the previous day.

10 months ago - Zacks Investment Research

Tanker stocks have a "tree falls in empty woods and no one hears it" problem. They have a compelling longer-term pitch — almost no newbuild contracts, a giant plus for rates — but buyers are looking els...

Other stocks mentioned: DHT, EURN, FRO, INSW, NAT, STNG
10 months ago - Benzinga

The tanker sector refuses to follow its script. Rates were supposed to keep on sinking into the summer.

Other stocks mentioned: DHT, DSSI, EURN, FRO, INSW, NAT, TNP
11 months ago - Benzinga

Investment in stocks made on diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound.

Other stocks mentioned: BIG, CSIQ, TEVA
11 months ago - Zacks Investment Research

P/B ratio is emerging as a convenient tool for identifying low-priced stocks that have high growth prospects.

Other stocks mentioned: BIG, CNC, CSIQ, TEVA
11 months ago - Zacks Investment Research

Investors should know how much debt a company owns, because the higher the degree of financial leverage, higher is the interest payment for the capital borrowed.

Other stocks mentioned: NEE, NICE, TSLA, WST
11 months ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

11 months ago - Zacks Investment Research

Earnings yield has an edge over P/E ratio as it can be used to compare a stock with not just other stocks but also with fixed income securities.

Other stocks mentioned: BMY, GILD, TGNA, VST
11 months ago - Zacks Investment Research

This selection of growth stocks includes some surprise choices and companies set to benefit from the lasting effects of the pandemic.

Other stocks mentioned: ACLS, FORM, LOGI, VIVO, ZM, ZYXI
11 months ago - InvestorPlace

Teekay Tankers And The Current Oil Storage Situation

11 months ago - Seeking Alpha

Want to try an out-of-the-box approach? Tap five stocks with increasing P/E ratios.

Other stocks mentioned: AVGR, CSV, MOGO, PTE
1 year ago - Zacks Investment Research

TNK vs. KEX: Which Stock Is the Better Value Option?

Other stocks mentioned: KEX
1 year ago - Zacks Investment Research

Here are six best-performing stocks with substantial net profit margins that can contribute to making an enriching portfolio.

Other stocks mentioned: EBMT, MFNC, ORN, PRDO, SYX
1 year ago - Zacks Investment Research

Debt financing is a feasible option as long as the companies succeed in generating a higher rate of return compared to the interest rate

Other stocks mentioned: CHE, SNPS, TSLA, WST
1 year ago - Zacks Investment Research

Teekay Tankers: A Story Of Very Rapid Deleveraging

Other stocks mentioned: TK
1 year ago - Seeking Alpha

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 year ago - Zacks Investment Research

Investors always look for companies with a high level of profitability regardless of the present market condition.

Other stocks mentioned: BWXT, ISDR, MDWD
1 year ago - Zacks Investment Research

Teekay Tankers Ltd. (TNK) CEO Kevin Mackay on Q1 2020 Results - Earnings Call Transcript

Other stocks mentioned: TK
1 year ago - Seeking Alpha

Teekay Tankers (TNK) delivered earnings and revenue surprises of 19.93% and 0.66%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Shares of Teekay Tankers (NYSE:TNK) moved higher by 2.7% in pre-market trading after the company reported Q1 results.

1 year ago - Benzinga

Highlights

Other stocks mentioned: TK
1 year ago - GlobeNewsWire

The current market situation seems favorable for corporates to take debt since the COVID-19 pandemic has forced the Federal Reserve to drag down interest rate to a near-zero level.

Other stocks mentioned: KNSL, NEE, VEC, WST
1 year ago - Zacks Investment Research

Let's take a look at five top-ranked stocks with impressive net profit margins for a winning portfolio.

Other stocks mentioned: EBMT, EURN, PRDO, VST
1 year ago - Zacks Investment Research

Teekay Tankers' (TNK) Q1 performance is expected to have been affected by coronavirus-induced supply-chain disruptions.

1 year ago - Zacks Investment Research

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... [Read more...]

Industry
Oil & Gas Midstream
IPO Date
Dec 13, 2007
CEO
Kevin Mackay
Employees
2,100
Stock Exchange
NYSE
Ticker Symbol
TNK
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 Forecasts

According to 6 analysts, the average rating for Teekay Tankers stock is "Buy." The 12-month stock price forecast is 18.75, which is an increase of 20.58% from the latest price.

Price Target
$18.75
(20.58% upside)
Analyst Consensus: Buy