HAMILTON, Bermuda (AP) _ Teekay Tankers Ltd. (TNK) on Thursday reported earnings of $106.8 million in its first quarter.
The Hamilton, Bermuda-based company said it had profit of $3.15 per share. Earnings, adjusted for non-recurring costs, came to $3.25 per share.
The oil and gas shipping company posted revenue of $341.9 million in the period. Its adjusted revenue was $222.7 million.
Teekay Tankers shares have declined 33% since the beginning of the year. The stock has risen 44% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TNK at https://www.zacks.com/ap/TNK
Automated Insights, source Associated Press News