TNK Stock Overview
Provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Teekay Tankers Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$42.73 |
| 52 Week High | US$74.20 |
| 52 Week Low | US$42.52 |
| Beta | -0.33 |
| 11 Month Change | -22.14% |
| 3 Month Change | -22.04% |
| 1 Year Change | -17.64% |
| 33 Year Change | 252.27% |
| 5 Year Change | 119.13% |
| Change since IPO | -73.31% |
Recent News & Updates
Lacklustre Performance Is Driving Teekay Tankers Ltd.'s (NYSE:TNK) 25% Price Drop
Nov 06
Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns
Nov 05Recent updates
Lacklustre Performance Is Driving Teekay Tankers Ltd.'s (NYSE:TNK) 25% Price Drop
Nov 06Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns
Nov 05Returns on Capital Paint A Bright Future For Teekay Tankers (NYSE:TNK)
Oct 22Teekay Tankers: When Cheap Valuation And Solid Balance Sheet Are Not Enough; Rating Downgrade
Sep 14Teekay Tankers: Navigating Challenges, Seizing Opportunities Amid Favorable Market Dynamics
Aug 05Teekay Tankers (NYSE:TNK) Has Affirmed Its Dividend Of $0.25
Aug 04Why The 27% Return On Capital At Teekay Tankers (NYSE:TNK) Should Have Your Attention
Jun 18Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend
Jun 13Teekay Tankers Ltd.'s (NYSE:TNK) Low P/E No Reason For Excitement
Apr 29Teekay Tankers: Low Tanker Fleet Growth Points To Years Of High Profits
Apr 01Teekay Tankers: Bulletproof Balance Sheet And 11% Loan To Value At A Reasonable Price
Feb 28Investors Shouldn't Overlook Teekay Tankers' (NYSE:TNK) Impressive Returns On Capital
Feb 23Party Time: Brokers Just Made Major Increases To Their Teekay Tankers Ltd. (NYSE:TNK) Earnings Forecasts
Feb 01Teekay Tankers: A Strong Buy In The Mid-Sized Tankers Market
Jan 04Some Shareholders Feeling Restless Over Teekay Tankers Ltd.'s (NYSE:TNK) P/S Ratio
Dec 21Teekay Tankers Q3 2023: Sailing Away On Strong Earnings And Favorable Market Dynamics
Nov 04Teekay Tankers: Still-High Tanker Rates, Debt Repayments, Bullish Price Consolidation
Oct 15Shareholders Would Enjoy A Repeat Of Teekay Tankers' (NYSE:TNK) Recent Growth In Returns
Sep 27Teekay Tankers: A 'Hold' Amidst Rising Tides
Aug 04Teekay Tankers (NYSE:TNK) Could Become A Multi-Bagger
Jun 28Teekay Tankers: Downgrade To Hold On Deteriorating Economic Growth
Jun 25Calculating The Intrinsic Value Of Teekay Tankers Ltd. (NYSE:TNK)
Jun 06Teekay Tankers: A Cautionary Tale Amid Industry Hype
May 30Teekay Tankers (NYSE:TNK) Is Looking To Continue Growing Its Returns On Capital
Feb 24Teekay Tankers Non-GAAP EPS of $4.33 beats by $0.91, revenue of $367.32M beats by $155.78M
Feb 23Teekay Tankers: Looking For A Positive Outlook In 2023
Dec 12Forecast: Analysts Think Teekay Tankers Ltd.'s (NYSE:TNK) Business Prospects Have Improved Drastically
Nov 24Teekay Tankers' (NYSE:TNK) Returns On Capital Are Heading Higher
Nov 05Teekay Tankers Non-GAAP EPS of $1.70 beats by $0.09, revenue of $279.39M beats by $121.9M
Nov 03Teekay Tankers: A Bet On Crude Oil Trade Disruption
Oct 11Teekay Tankers Q2 2022 Earnings Preview
Aug 03Teekay Tankers: Stands To Benefit From Rising Tanker Rates
Jul 26Does Teekay Tankers (NYSE:TNK) Have A Healthy Balance Sheet?
Jul 26Teekay Tankers: A More Positive Outlook For 2022
Jul 05Shareholder Returns
| TNK | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -3.0% | 1.9% | -1.0% |
| 1Y | -17.6% | 16.1% | 30.3% |
Return vs Industry: TNK underperformed the US Oil and Gas industry which returned 14.9% over the past year.
Return vs Market: TNK underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| TNK volatility | |
|---|---|
| TNK Average Weekly Movement | 4.5% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.1% |
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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 1,590 | Kenneth Hvid | www.teekay.com/business/tankers |
Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It also engages management of vessels, procurement, and equipment rental businesses.
Teekay Tankers Ltd. Fundamentals Summary
| TNK fundamental statistics | |
|---|---|
| Market cap | US$1.48b |
| Earnings (TTM) | US$422.25m |
| Revenue (TTM) | US$1.19b |
3.5x
P/E Ratio1.2x
P/S RatioIs TNK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TNK income statement (TTM) | |
|---|---|
| Revenue | US$1.19b |
| Cost of Revenue | US$657.47m |
| Gross Profit | US$534.04m |
| Other Expenses | US$111.79m |
| Earnings | US$422.25m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 12.29 |
| Gross Margin | 44.82% |
| Net Profit Margin | 35.44% |
| Debt/Equity Ratio | 0% |
How did TNK perform over the long term?
See historical performance and comparisonDividends
7.0%
Current Dividend Yield2%
Payout RatioDoes TNK pay a reliable dividends?
See TNK dividend history and benchmarks| Teekay Tankers dividend dates | |
|---|---|
| Ex Dividend Date | Nov 12 2024 |
| Dividend Pay Date | Nov 22 2024 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 1 day |
Does TNK pay a reliable dividends?
See TNK dividend history and benchmarks