Teekay Tankers Ltd. (TNK)
| Market Cap | 2.70B |
| Revenue (ttm) | 951.80M |
| Net Income (ttm) | 351.19M |
| Shares Out | 34.64M |
| EPS (ttm) | 10.10 |
| PE Ratio | 7.73 |
| Forward PE | 5.58 |
| Dividend | $2.00 (2.56%) |
| Ex-Dividend Date | Mar 2, 2026 |
| Volume | 354,397 |
| Open | 78.91 |
| Previous Close | 77.71 |
| Day's Range | 77.45 - 79.33 |
| 52-Week Range | 41.05 - 82.24 |
| Beta | -0.30 |
| Analysts | Strong Buy |
| Price Target | 80.00 (+2.53%) |
| Earnings Date | May 7, 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 Forecast
According to 2 analysts, the average rating for TNK stock is "Strong Buy." The 12-month stock price target is $80.0, which is an increase of 2.53% from the latest price.
News
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 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 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 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 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...
Teekay Corporation Ltd. Second Quarter 2025 Business Update
HAMILTON, Bermuda, July 30, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported a business update for the three months ended June 30, 2025. The business u...
Teekay Tankers Earnings Call Transcript: Q2 2025
Q2 2025 saw strong net income, robust free cash flow, and active fleet renewal with vessel sales and acquisitions. Market outlook is positive but volatile due to geopolitical factors, with continued focus on core tanker segments and disciplined capital allocation.
Teekay Group to Announce Second Quarter 2025 Earnings Results on July 30, 2025
HAMILTON, Bermuda, July 22, 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 Group Publishes 2024 Sustainability Report
HAMILTON, Bermuda, June 09, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the...
Teekay Corporation Ltd. First Quarter 2025 Business Update; and Declares a Special Dividend
HAMILTON, Bermuda, May 07, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported a business update for the three months ended March 31, 2025.
Teekay Tankers Ltd. Reports First Quarter 2025 Results and Declares Dividends
HAMILTON, Bermuda, May 07, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended March 31, 2025 and announ...
Teekay Tankers Earnings Call Transcript: Q1 2025
Q1 2025 saw strong net income, robust free cash flow, and significant vessel sales as part of a fleet renewal strategy. Spot rates and dividends rose, while the company remains cautious but optimistic about future asset purchases amid supportive market fundamentals and ongoing geopolitical risks.
Teekay Group to Announce First Quarter 2025 Earnings Results on May 7, 2025
HAMILTON, Bermuda, April 29, 2025 (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 Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2024
HAMILTON, Bermuda, April 01, 2025 (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 Ltd. Reports Fourth Quarter and Annual 2024 Results and Declares Dividend
HAMILTON, Bermuda, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and the year ended December 31...
Teekay Corporation Ltd. Reports Fourth Quarter and Annual 2024 Results
HAMILTON, Bermuda, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2024. The full ...
Teekay Tankers Earnings Call Transcript: Q4 2024
Adjusted net income reached $52M for Q4 and $355M for 2024, with strong free cash flow and a $3/share annual dividend. Fleet renewal continued with vessel sales and a new LR2 acquisition, while market volatility persists due to geopolitical and regulatory factors.
Teekay Group to Announce Fourth Quarter and Annual 2024 Earnings Results on February 19, 2025
HAMILTON, Bermuda, Feb. 11, 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 Group Announces Changes to Boards of Directors
HAMILTON, Bermuda, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) announced today the following changes to their respe...
Teekay Corporation Ltd. Reports Third Quarter 2024 Results; Declares a Special Dividend; and Announces New Share Repurchase Program
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2024. The full earnings ...