TNK Stock Overview
Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Teekay Tankers Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$55.52 |
| 52 Week High | US$64.42 |
| 52 Week Low | US$35.00 |
| Beta | -0.29 |
| 1 Month Change | -0.68% |
| 3 Month Change | -5.98% |
| 1 Year Change | 35.95% |
| 3 Year Change | 317.44% |
| 5 Year Change | 554.72% |
| Change since IPO | -65.32% |
Recent News & Updates
Teekay 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 23
Recent updates
Teekay 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 05Teekay Tankers: Crude Tanker Spot Rates Are Improving
Apr 20Is Teekay Tankers (NYSE:TNK) A Risky Investment?
Apr 08Teekay Tankers: Recurring Losses Is Not An Encouraging Sign
Nov 25Is Teekay Tankers (NYSE:TNK) Using Debt Sensibly?
Nov 19Teekay Tankers: Weak Spot Tankers Rate
Aug 28Is Teekay Tankers (NYSE:TNK) Using Too Much Debt?
Jun 28Teekay Tankers Ltd.: Spot Tanker Rates Are The Root Of The Problem
May 30Analysts Just Slashed Their Teekay Tankers Ltd. (NYSE:TNK) EPS Numbers
May 16Teekay Tankers Ltd. (NYSE:TNK) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Mar 02These 4 Measures Indicate That Teekay Tankers (NYSE:TNK) Is Using Debt Reasonably Well
Feb 09What Kind Of Shareholders Own Teekay Tankers Ltd. (NYSE:TNK)?
Jan 14
Teekay Tankers Ltd. (NYSE:TNK) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 24Shareholder Returns
| TNK | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -5.6% | -3.5% | -3.7% |
| 1Y | 35.9% | 11.1% | 20.2% |
Return vs Industry: TNK exceeded the US Oil and Gas industry which returned 11.3% over the past year.
Return vs Market: TNK exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| TNK volatility | |
|---|---|
| TNK Average Weekly Movement | 4.7% |
| Oil and Gas Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: TNK has not had significant price volatility in the past 3 months.
Volatility Over Time: TNK's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 1,590 | Kevin Mackay | 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$1.89b |
| Earnings (TTM) | US$513.67m |
| Revenue (TTM) | US$1.36b |
3.7x
P/E Ratio1.4x
P/S RatioIs TNK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TNK income statement (TTM) | |
|---|---|
| Revenue | US$1.36b |
| Cost of Revenue | US$694.17m |
| Gross Profit | US$670.29m |
| Other Expenses | US$156.61m |
| Earnings | US$513.67m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 15.07 |
| Gross Margin | 49.12% |
| Net Profit Margin | 37.65% |
| Debt/Equity Ratio | 0% |
How did TNK perform over the long term?
See historical performance and comparison