Teekay Tankers/$TNK

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About Teekay Tankers

Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.

Ticker

$TNK
Sector

Primary listing

NYSE

Industry

Oil, Gas & Consumable Fuels

Headquarters

Hamilton, Bermuda

Employees

2,330

ISIN

BMG8726X1065

Teekay Tankers Metrics

BasicAdvanced
$1.6B
4.90
$9.52
-0.11
$2.00
2.14%

Bulls say / Bears say

Teekay Tankers reported a significant increase in net income for Q1 2025, driven by higher spot tanker rates and efficient fleet utilization. (seekingalpha.com)
The company has successfully reduced its debt-to-equity ratio over the past year, enhancing financial stability and investor confidence. (bloomberg.com)
Teekay Tankers secured long-term contracts with major oil producers, ensuring steady revenue streams and mitigating market volatility. (reuters.com)
Global oil demand is projected to decline in the coming years, potentially reducing the need for tanker services and impacting Teekay Tankers' revenue. (ft.com)
The company faces increased competition from new entrants in the tanker industry, which could pressure freight rates and profit margins. (bloomberg.com)
Regulatory changes aimed at reducing carbon emissions may require Teekay Tankers to invest heavily in fleet upgrades, potentially straining financial resources. (reuters.com)
Data summarised monthly by Lightyear AI. Last updated on 10 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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