Teekay Tankers Ltd.

Equities

TNK

MHY8565N3002

Oil & Gas Transportation Services

Real-time Estimate Cboe BZX Other stock markets 12:03:17 2024-04-19 pm EDT			5-day change	1st Jan Change
55.68 ^USD	+0.29%		-3.41%	+11.50%

Feb. 23	Evercore ISI Adjusts Price Target on Teekay Tankers to $73 From $77, Maintains Outperform Rating	MT
Feb. 22	Teekay Tankers Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI

Teekay Tankers Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020

May 21, 2020 at 01:57 am EDT

Teekay Tankers Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was USD 341.900 million compared to USD 238.161 million a year ago. Operating income was USD 120.126 million compared to USD 32.097 million a year ago. Net income was USD 106.839 million compared to USD 12.447 million a year ago. Basic earnings per share was USD 3.17 compared to USD 0.37 a year ago. Diluted earnings per share was USD 3.15 compared to USD 0.37 a year ago.

Latest news about Teekay Tankers Ltd.

Evercore ISI Adjusts Price Target on Teekay Tankers to $73 From $77, Maintains Outperform Rating	Feb. 23	MT
Teekay Tankers Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 22	CI
Teekay Tankers Ltd. Seeks M&A	Feb. 22	CI
Transcript : Teekay Tankers Ltd., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Teekay Tankers' Shares Fall After Company Posts Lower Q4 Adjusted Earnings, Net Revenue	Feb. 22	MT
Teekay Tankers Ltd. Declares Cash Dividend for the Quarter Ended December 31, 2023, Payable on March 15, 2024	Feb. 22	CI
BofA Securities Upgrades Teekay Tankers to Buy From Neutral, Adjusts Price Target to $72 From $56	Jan. 19	MT
Tranche Update on Teekay Tankers Ltd.'s Equity Buyback Plan announced on May 11, 2023.	Nov. 03	CI
Teekay Tankers Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Transcript : Teekay Tankers Ltd., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Teekay Tankers Q3 Adjusted Earnings, Revenue Rise	Nov. 02	MT
Teekay Tankers Ltd. Declares Cash Dividend for the Quarter Ended September 30, 2023, Payable on November 27, 2023	Nov. 02	CI
Risk Intelligence A/S Signs an Agreement with Teekay Tankers	23-10-17	CI
Tranche Update on Teekay Tankers Ltd.'s Equity Buyback Plan announced on May 11, 2023.	23-08-04	CI
Teekay Tankers Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-03	CI
Transcript : Teekay Tankers Ltd., Q2 2023 Earnings Call, Aug 03, 2023	23-08-03
Teekay Tankers Q2 Adjusted Earnings, Revenue Rise	23-08-03	MT
Teekay Tankers Ltd. Declares Cash Dividend for the Quarter Ended June 30, 2023, Payable on August 25, 2023	23-08-03	CI
Teekay Tankers Ltd.(NYSE:TNK) dropped from Russell Microcap Index	23-06-23	CI
Teekay Tankers Ltd.(NYSE:TNK) dropped from Russell Microcap Value Index	23-06-23	CI
Teekay Tankers Ltd.(NYSE:TNK) dropped from Russell 3000E Value Index	23-06-23	CI
Teekay Tankers Ltd.(NYSE:TNK) dropped from Russell 3000E Index	23-06-23	CI
Sector Update: Energy Stocks Slipping Late Tuesday	23-05-11	MT
Sector Update: Energy Stocks Falling Thursday Afternoon	23-05-11	MT
Teekay Tankers Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI

Chart Teekay Tankers Ltd.

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Company Profile

Teekay Tankers Ltd. is a provider of marine transportation to global oil industries. The Company is engaged in the business of owning and operating crude oil and product tankers. It provides vessel operation services for various vessels under the contracts with the Australian Government. Under these contracts the Company delivers all constituent support capabilities: vessel operations, engineering support, maintenance support, supply support, crewing and training and provide support services. The Company owns a fleet of approximately 45 double-hull tankers, including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers. The Company also owns a very large crude carrier (VLCC) through a 50% owned joint venture. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts and the United State based ship-to-ship support service operations, including its lightering support services.

Sector

Oil & Gas Transportation Services

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Teekay Tankers Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

55.52 USD

Average target price

70.29 USD

Spread / Average Target

+26.60%

Consensus

EPS Revisions

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Company calendar

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