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Teekay Tankers Ltd.NYSE:TNK Stock Report

Market Cap US$2.8b
Share Price
US$79.70
US$96
17.0% undervalued intrinsic discount
1Y72.6%
7D2.6%
Portfolio Value
View

Teekay Tankers Ltd.

NYSE:TNK Stock Report

Market Cap: US$2.8b

TNK Community Fair Values

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Teekay Tankers Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Teekay Tankers
Historical stock prices
Current Share PriceUS$79.70
52 Week HighUS$82.24
52 Week LowUS$41.05
Beta-0.30
1 Month Change3.52%
3 Month Change22.35%
1 Year Change72.62%
3 Year Change113.50%
5 Year Change454.24%
Change since IPO-50.21%

Recent News & Updates

Recent updates

Analyst Forecasts For Teekay Tankers Ltd. (NYSE:TNK) Are Surging Higher

Apr 29
Analyst Forecasts For Teekay Tankers Ltd. (NYSE:TNK) Are Surging Higher

TNK: Future Earnings Power Will Rely On Resilient Profit Margins

Teekay Tankers' analyst fair value estimate has increased from $84.00 to $96.00. This reflects updated views from analysts who have raised price targets while considering higher assumed future P/E multiples, slightly softer revenue expectations, firmer profit margins, and mixed ratings commentary.

TNK: Future Earnings Power Will Outweigh Tanker Rate And Sanction Risks

Teekay Tankers' updated analyst price target now sits at $84, reflecting research in which some analysts lifted targets into a range of $69 to $84, while balancing views on earnings power with concerns about tanker rates, parent influence, new vessel orders, and possible changes to sanctions. Analyst Commentary Recent research around Teekay Tankers highlights a split view, but the price target changes show that some bullish analysts see room for the shares to justify higher valuations as the company executes on its earnings potential.

TNK: Fair Value View Balances Peak Rate Risks And Governance Concerns

Analyst price targets for Teekay Tankers have recently shifted higher into a $69 to $84 range, as analysts factor in updated views on tanker rates, parent company risks, orderbook trends, and the potential impact of any sanctions unwind. Analyst Commentary Recent Street research on Teekay Tankers has moved price targets into a $69 to $84 band, but the tone is not uniformly positive.

TNK: Winter Rate Sustainability And Governance Risks Will Shape Earnings Multiple

Teekay Tankers' fair value estimate is updated from $60 to $69, reflecting analysts' higher price targets alongside mixed views that balance stronger margins and a lower forward P/E with concerns about peak tanker rates, parent company influence, a growing orderbook, and possible sanctions unwinds. Analyst Commentary Recent Street research on Teekay Tankers shows a split view, with some firms lifting price targets while others turn more cautious on the stock and its risk profile.

TNK: Future Earnings Power And Rate Risks Will Support Fair Pricing

The analyst fair value estimate for Teekay Tankers has been raised from $76 to $84. This change reflects updated Street price targets, mixed rating moves, and refreshed assumptions on revenue trends, margins, and future P/E expectations that analysts describe in recent research.

Teekay Tankers: A Strong Q4-2025 And An Even Stronger Q1-2026 In Sight

Feb 24

TNK: Winter Rate Strength Will Support Steady Earnings Power And Fair Pricing

Analysts have lifted their fair value estimate for Teekay Tankers from $69.00 to $76.00 as they update their models for revised revenue contraction, slightly higher discount assumptions, and a lower future P/E multiple. Valuation Changes Fair Value: raised from $69.00 to $76.00, representing a moderate uplift in the updated model output.

TNK: Winter Rate Strength Will Support Balanced Outlook For Revenue And Margins

Analysts have lifted their price target on Teekay Tankers to US$67.80 from US$64.33, reflecting updated assumptions around revenue contraction, profit margins and a modestly higher future P/E multiple. Valuation Changes Fair Value Estimate: revised up from US$64.33 to US$67.80, representing a modest uplift in the assessed share value.

TNK: Winter Rate Strength Will Support Higher Earnings Power

Narrative Update on Teekay Tankers Analysts have raised their blended price target for Teekay Tankers by about $7 to reflect updated winter tanker market expectations and firm rate conditions, while still flagging risks from potential capacity returning if sanctions ease and Red Sea routes reopen. Analyst Commentary Recent Street research on Teekay Tankers points to a more constructive tone ahead of the winter season, with bullish analysts adjusting their price targets higher as they factor in firm rate conditions and a tanker market setup they view as promising.

TNK: Winter Tanker Market Setup Will Shape Earnings Multiple Outlook

Narrative Update Analysts have lifted their fair value estimate for Teekay Tankers from $41.00 to $60.00, pointing to a higher assumed future P/E multiple and a tanker market setup that they view as promising heading into the winter season, even as some remain cautious about risks from potential new capacity if sanctions are lifted and the Red Sea fully reopens. Analyst Commentary Recent Street research on Teekay Tankers points to a split view.

TNK Winter Tanker Market Strength Will Drive Higher Earnings Power

Narrative Update on Teekay Tankers The analyst price target for Teekay Tankers has been increased by about $6 to approximately $69, as analysts point to a promising winter rate setup and still elevated tanker markets, despite lingering concerns over future capacity and trade route normalization. Analyst Commentary Bullish analysts have been revising their models higher for Teekay Tankers, citing a constructive backdrop for crude and product tanker rates into the winter season.

TNK: Elevated Winter Rates Will Drive Optimistic Market Conditions Ahead

Analysts recently increased their price targets for Teekay Tankers, with notable adjustments including a $7 rise at Evercore ISI and a $14 increase at BofA. They cited promising market conditions ahead of the winter season and robust tanker rates as key drivers for their more optimistic outlooks.

TNK: Winter Market Strength and Capacity Risks Will Shape Performance Outlook

Analysts have increased their price target for Teekay Tankers from approximately $63.50 to $64.33. They cite a favorable tanker market outlook for winter and improved profit margins as key factors behind this upward revision.

Teekay Tankers Ltd. (NYSE:TNK) Shares Fly 25% But Investors Aren't Buying For Growth

Nov 13
Teekay Tankers Ltd. (NYSE:TNK) Shares Fly 25% But Investors Aren't Buying For Growth

TNK: Winter Tanker Rates Will Sustain Returns Amid Fleet Expansion Risks

Analysts have raised their price target for Teekay Tankers from approximately $55.83 to $63.50. They cite a promising tanker market setup heading into winter and expectations of continued elevated rates, despite some longer-term concerns.

Global Oil Trade Will Drive Fleet Renewal Amid Market Risks

Analysts have raised their price target for Teekay Tankers from $53.33 to $55.83, citing improved profit margin outlook and moderating declines in revenue growth as key drivers for the increase. Valuation Changes Fair Value has increased from $53.33 to $55.83, reflecting a modest upward adjustment.

Teekay Tankers Ltd. (NYSE:TNK) Held Back By Insufficient Growth Even After Shares Climb 26%

Sep 16
Teekay Tankers Ltd. (NYSE:TNK) Held Back By Insufficient Growth Even After Shares Climb 26%

Some Investors May Be Worried About Teekay Tankers' (NYSE:TNK) Returns On Capital

Aug 26
Some Investors May Be Worried About Teekay Tankers' (NYSE:TNK) Returns On Capital

Teekay Tankers Ltd.'s (NYSE:TNK) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

May 09
Teekay Tankers Ltd.'s (NYSE:TNK) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Returns Are Gaining Momentum At Teekay Tankers (NYSE:TNK)

May 03
Returns Are Gaining Momentum At Teekay Tankers (NYSE:TNK)

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
User avatar

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

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

Shareholder Returns

TNKUS Oil and GasUS Market
7D2.6%4.8%0.6%
1Y72.6%41.6%28.4%

Return vs Industry: TNK exceeded the US Oil and Gas industry which returned 39.2% over the past year.

Return vs Market: TNK exceeded the US Market which returned 28.2% over the past year.

Price Volatility

Is TNK's price volatile compared to industry and market?
TNK volatility
TNK Average Weekly Movement5.9%
Oil and Gas Industry Average Movement6.0%
Market Average Movement7.1%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20072,130Kenneth Hvidwww.teekay.com

Teekay Tankers Ltd., together with its subsidiaries, provides marine transportation services to oil industries in Bermuda and internationally. The company operates in two segments: Tankers and Marine Servies. It 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.

Teekay Tankers Ltd. Fundamentals Summary

How do Teekay Tankers's earnings and revenue compare to its market cap?
TNK fundamental statistics
Market capUS$2.79b
Earnings (TTM)US$351.19m
Revenue (TTM)US$951.80m
7.9x
P/E Ratio
2.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNK income statement (TTM)
RevenueUS$951.80m
Cost of RevenueUS$603.59m
Gross ProfitUS$348.21m
Other Expenses-US$2.98m
EarningsUS$351.19m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 13, 2026

Earnings per share (EPS)10.14
Gross Margin36.58%
Net Profit Margin36.90%
Debt/Equity Ratio0%

How did TNK perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
10%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 16:34
End of Day Share Price 2026/05/04 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 19 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