Teekay Tankers Stock Today
| TNK Stock | USD 38.93 0.98 2.58% |
PerformanceWeak
| Odds Of DistressVery Small
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Teekay Tankers is selling for 38.93 as of the 18th of March 2025. This is a 2.58 percent increase since the beginning of the trading day. The stock's last reported lowest price was 38.28. Teekay Tankers has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 18th of December 2024 and ending today, the 18th of March 2025. Click here to learn more.
Business Domain Energy | IPO Date 13th of December 2007 |
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. The company has 29.73 M outstanding shares of which 568.79 K shares are at this time shorted by investors with about 1.28 days to cover. More on Teekay Tankers
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Teekay Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Kevin Mackay | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Think Childcare & Educ Ltd | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTeekay Tankers can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Teekay Tankers' financial leverage. It provides some insight into what part of Teekay Tankers' total assets is financed by creditors.
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Teekay Tankers (TNK) is traded on New York Stock Exchange in USA. It is located in Belvedere Building, Hamilton, Bermuda, HM 08 and employs 14 people. Teekay Tankers is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.3 B. Teekay Tankers runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 29.73 M outstanding shares of which 568.79 K shares are at this time shorted by investors with about 1.28 days to cover.
Teekay Tankers has about 180.51 M in cash with 626.07 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.0.
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Ownership AllocationTeekay Tankers shows a total of 29.73 Million outstanding shares. Over half of Teekay Tankers' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Teekay Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Jacobs Levy Equity Management, Inc. | 2024-12-31 | 298.5 K | |
| Jpmorgan Chase & Co | 2024-12-31 | 261.3 K | |
| Northern Trust Corp | 2024-12-31 | 247.9 K | |
| Voloridge Investment Management, Llc | 2024-12-31 | 242.7 K | |
| Qube Research & Technologies | 2024-12-31 | 241.2 K | |
| Moore Capital Management, Lp | 2024-12-31 | 238.6 K | |
| Royce & Associates, Lp | 2024-12-31 | 225.7 K | |
| Vanguard Group Inc | 2024-12-31 | 221.7 K | |
| Nuveen Asset Management, Llc | 2024-12-31 | 218.6 K | |
| Dimensional Fund Advisors, Inc. | 2024-12-31 | 2 M | |
| Blackrock Inc | 2024-12-31 | 1.7 M |
Teekay Tankers Historical Income Statement
Teekay Stock Against Markets
Teekay Tankers Corporate Executives
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.
| Stewart Andrade | Chief Financial Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 (0.21) | Dividend Share 3 | Earnings Share 11.63 | Revenue Per Share | Quarterly Revenue Growth (0.17) |
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.