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 |
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Teekay Tankers Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.51 |
| 52 Week High | US$74.20 |
| 52 Week Low | US$36.04 |
| Beta | -0.43 |
| 1 Month Change | -10.11% |
| 3 Month Change | -33.15% |
| 1 Year Change | -31.09% |
| 3 Year Change | 229.04% |
| 5 Year Change | 62.66% |
| Change since IPO | -76.57% |
Recent News & Updates
Teekay Tankers: Watch Out For Geopolitics In 2025
Dec 16Teekay Tankers: Significant Free Cash Flow Generation With 35% Of Market Cap In Net Cash
Dec 09Lacklustre 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
Teekay Tankers: Watch Out For Geopolitics In 2025
Dec 16Teekay Tankers: Significant Free Cash Flow Generation With 35% Of Market Cap In Net Cash
Dec 09Lacklustre 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 | -1.4% | -5.1% | -2.4% |
| 1Y | -31.1% | 2.6% | 23.3% |
Return vs Industry: TNK underperformed the US Oil and Gas industry which returned 2.6% over the past year.
Return vs Market: TNK underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| TNK volatility | |
|---|---|
| TNK Average Weekly Movement | 4.4% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 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$1.29b |
| Earnings (TTM) | US$422.25m |
| Revenue (TTM) | US$1.19b |
3.1x
P/E Ratio1.1x
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
8.0%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Teekay Tankers Ltd. is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brandon Oglenski | Barclays |
| Kenneth Hoexter | BofA Global Research |
| Matthew Troy | Citigroup Inc |