company background image
TNK logo

Teekay Tankers NYSE:TNK Stock Report

Last Price

US$42.31

Market Cap

US$1.5b

7D

6.2%

1Y

-27.9%

Updated

27 Apr, 2025

Data

Company Financials +

Teekay Tankers Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Teekay Tankers
Historical stock prices
Current Share PriceUS$42.31
52 Week HighUS$74.20
52 Week LowUS$33.35
Beta-0.17
1 Month Change9.38%
3 Month Change7.11%
1 Year Change-27.87%
3 Year Change164.27%
5 Year Change126.74%
Change since IPO-73.57%

Recent News & Updates

Teekay Tankers Is Cheap With Cash Equivalent To 39% Of Its Capitalization

Apr 22

Teekay Is Not A 'Dhando' Bet At Current Prices

Mar 07

There Might Be More To Teekay Tankers' (NYSE:TNK) Story Than Just Weak Earnings

Feb 26
There Might Be More To Teekay Tankers' (NYSE:TNK) Story Than Just Weak Earnings

Recent updates

Teekay Tankers Is Cheap With Cash Equivalent To 39% Of Its Capitalization

Apr 22

Teekay Is Not A 'Dhando' Bet At Current Prices

Mar 07

There Might Be More To Teekay Tankers' (NYSE:TNK) Story Than Just Weak Earnings

Feb 26
There Might Be More To Teekay Tankers' (NYSE:TNK) Story Than Just Weak Earnings

There's No Escaping Teekay Tankers Ltd.'s (NYSE:TNK) Muted Earnings Despite A 27% Share Price Rise

Jan 15
There's No Escaping Teekay Tankers Ltd.'s (NYSE:TNK) Muted Earnings Despite A 27% Share Price Rise

Teekay Tankers: Watch Out For Geopolitics In 2025

Dec 16

Teekay Tankers: Significant Free Cash Flow Generation With 35% Of Market Cap In Net Cash

Dec 09

Lacklustre Performance Is Driving Teekay Tankers Ltd.'s (NYSE:TNK) 25% Price Drop

Nov 06
Lacklustre Performance Is Driving Teekay Tankers Ltd.'s (NYSE:TNK) 25% Price Drop

Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns

Nov 05

Returns on Capital Paint A Bright Future For Teekay Tankers (NYSE:TNK)

Oct 22
Returns on Capital Paint A Bright Future For Teekay Tankers (NYSE:TNK)

Teekay Tankers: When Cheap Valuation And Solid Balance Sheet Are Not Enough; Rating Downgrade

Sep 14
author-image

Trans Mountain Expansion Fuels Growth Amid Market Volatility And Analysts' Mixed Earnings Outlook

Sep 12 Strategic fleet renewal and the positive tanker market fundamentals suggest improved revenue stability and growth prospects.

Teekay Tankers: Navigating Challenges, Seizing Opportunities Amid Favorable Market Dynamics

Aug 05

Teekay Tankers (NYSE:TNK) Has Affirmed Its Dividend Of $0.25

Aug 04
Teekay Tankers (NYSE:TNK) Has Affirmed Its Dividend Of $0.25

Why The 27% Return On Capital At Teekay Tankers (NYSE:TNK) Should Have Your Attention

Jun 18
Why The 27% Return On Capital At Teekay Tankers (NYSE:TNK) Should Have Your Attention

Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend

Jun 13

Teekay Tankers Ltd.'s (NYSE:TNK) Low P/E No Reason For Excitement

Apr 29
Teekay Tankers Ltd.'s (NYSE:TNK) Low P/E No Reason For Excitement

Teekay Tankers: Low Tanker Fleet Growth Points To Years Of High Profits

Apr 01

Teekay Tankers: Bulletproof Balance Sheet And 11% Loan To Value At A Reasonable Price

Feb 28

Investors Shouldn't Overlook Teekay Tankers' (NYSE:TNK) Impressive Returns On Capital

Feb 23
Investors Shouldn't Overlook Teekay Tankers' (NYSE:TNK) Impressive Returns On Capital

Party Time: Brokers Just Made Major Increases To Their Teekay Tankers Ltd. (NYSE:TNK) Earnings Forecasts

Feb 01
Party Time: Brokers Just Made Major Increases To Their Teekay Tankers Ltd. (NYSE:TNK) Earnings Forecasts

Teekay Tankers: A Strong Buy In The Mid-Sized Tankers Market

Jan 04

Some Shareholders Feeling Restless Over Teekay Tankers Ltd.'s (NYSE:TNK) P/S Ratio

Dec 21
Some Shareholders Feeling Restless Over Teekay Tankers Ltd.'s (NYSE:TNK) P/S Ratio

Teekay Tankers Q3 2023: Sailing Away On Strong Earnings And Favorable Market Dynamics

Nov 04

Teekay Tankers: Still-High Tanker Rates, Debt Repayments, Bullish Price Consolidation

Oct 15

Shareholders Would Enjoy A Repeat Of Teekay Tankers' (NYSE:TNK) Recent Growth In Returns

Sep 27
Shareholders Would Enjoy A Repeat Of Teekay Tankers' (NYSE:TNK) Recent Growth In Returns

Teekay Tankers: A 'Hold' Amidst Rising Tides

Aug 04

Teekay Tankers (NYSE:TNK) Could Become A Multi-Bagger

Jun 28
Teekay Tankers (NYSE:TNK) Could Become A Multi-Bagger

Teekay Tankers: Downgrade To Hold On Deteriorating Economic Growth

Jun 25

Calculating The Intrinsic Value Of Teekay Tankers Ltd. (NYSE:TNK)

Jun 06
Calculating The Intrinsic Value Of Teekay Tankers Ltd. (NYSE:TNK)

Teekay Tankers: A Cautionary Tale Amid Industry Hype

May 30

Teekay Tankers (NYSE:TNK) Is Looking To Continue Growing Its Returns On Capital

Feb 24
Teekay Tankers (NYSE:TNK) Is Looking To Continue Growing Its Returns On Capital

Teekay Tankers Non-GAAP EPS of $4.33 beats by $0.91, revenue of $367.32M beats by $155.78M

Feb 23

Teekay Tankers: Looking For A Positive Outlook In 2023

Dec 12

Forecast: Analysts Think Teekay Tankers Ltd.'s (NYSE:TNK) Business Prospects Have Improved Drastically

Nov 24
Forecast: Analysts Think Teekay Tankers Ltd.'s (NYSE:TNK) Business Prospects Have Improved Drastically

Shareholder Returns

TNKUS Oil and GasUS Market
7D6.2%1.4%4.8%
1Y-27.9%-10.1%7.8%

Return vs Industry: TNK underperformed the US Oil and Gas industry which returned -10.1% over the past year.

Return vs Market: TNK underperformed the US Market which returned 7.7% over the past year.

Price Volatility

Is TNK's price volatile compared to industry and market?
TNK volatility
TNK Average Weekly Movement7.3%
Oil and Gas Industry Average Movement7.9%
Market Average Movement7.8%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market4.1%

Stable Share Price: TNK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TNK's weekly volatility (7%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

FoundedEmployeesCEOWebsite
20072,330Kenneth Hvidwww.teekay.com/business/tankers

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company 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. It is also involved in the vessels management, procurement, and equipment rental businesses.

Teekay Tankers Ltd. Fundamentals Summary

How do Teekay Tankers's earnings and revenue compare to its market cap?
TNK fundamental statistics
Market capUS$1.45b
Earnings (TTM)US$403.67m
Revenue (TTM)US$1.23b

3.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNK income statement (TTM)
RevenueUS$1.23b
Cost of RevenueUS$741.46m
Gross ProfitUS$487.88m
Other ExpensesUS$84.21m
EarningsUS$403.67m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)11.74
Gross Margin39.69%
Net Profit Margin32.84%
Debt/Equity Ratio0%

How did TNK perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

26%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/27 18:38
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Teekay Tankers Ltd. is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandon OglenskiBarclays
Kenneth HoexterBofA Global Research
Matthew TroyCitigroup Inc