Teekay Tankers Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 242.39 million compared to USD 123.42 million a year ago. Net income was USD 28.55 million compared to net loss of USD 129.14 million a year ago. Basic earnings per share from continuing operations was USD 0.84 compared to basic loss per share from continuing operations of USD 3.83 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to diluted loss per share from continuing operations of USD 3.83 a year ago.
For the six months, revenue was USD 416.41 million compared to USD 266.17 million a year ago. Net income was USD 14.61 million compared to net loss of USD 150.51 million a year ago. Basic earnings per share from continuing operations was USD 0.43 compared to basic loss per share from continuing operations of USD 4.46 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to diluted loss per share from continuing operations of USD 4.46 a year ago.