Kenneth Hvid - Teekay Tankers Chairman of the Board

TNK Stock  USD 38.67  0.83  2.19%   

Chairman

Kenneth Hvid is Chairman of the Board of Teekay Tankers since 2019.
Age 56
Tenure 5 years
Address Belvedere Building, Hamilton, Bermuda, HM 08
Phone441 298 2530
Webhttps://www.teekay.com/business/tankers

Teekay Tankers Management Efficiency

The company has Return on Asset of 0.1325 % which means that on every $100 spent on assets, it made $0.1325 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2667 %, implying that it generated $0.2667 on every 100 dollars invested. Teekay Tankers' management efficiency ratios could be used to measure how well Teekay Tankers manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.29 this year. Return On Capital Employed is expected to rise to 0.32 this year. At this time, Teekay Tankers' Total Current Liabilities is quite stable compared to the past year. Change To Liabilities is expected to grow at the current pace this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 1.5 B.
Teekay Tankers has 215.91 M in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. Teekay Tankers has a current ratio of 1.6, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Teekay to invest in growth at high rates of return.

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CHAIRMAN Age

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Emanuele LauroScorpio Tankers
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David SchellenbergTeekay
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Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada. Teekay Tankers operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1900 people. Teekay Tankers (TNK) is traded on New York Stock Exchange in USA. It is located in Belvedere Building, Hamilton, Bermuda, HM 08 and employs 1,590 people. Teekay Tankers is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Teekay Tankers Leadership Team

Elected by the shareholders, the Teekay Tankers' board of directors comprises two types of representatives: Teekay Tankers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teekay. The board's role is to monitor Teekay Tankers' management team and ensure that shareholders' interests are well served. Teekay Tankers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Teekay Tankers' outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Moulin, Independent Director
Anne Liversedge, General Counsel
Jim Basterfield, Head Resources
Mikkel Seidelin, Chief Officer
Kenneth Hvid, Chairman of the Board
Sai Chu, Independent Director
Arthur Bensler, Chairman of the Board
David Schellenberg, Independent Director
Edith Robinson, Corporate Secretary
Christian Waldegrave, Director Performance
Kevin Mackay, President, Chief Executive Officer
Jamus Spink, VP Officer
Stewart Andrade, Chief Financial Officer

Teekay Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Teekay Tankers a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Teekay Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Tankers Stock:
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Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.25
Earnings Share
12.18
Revenue Per Share
34.7
Quarterly Revenue Growth
(0.15)
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.