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TNK US​

Teekay Tankers Ltd. Class A(TNK US)

$99.47+4.164.36%Ext:$99.61+0.140.14%(Market Closed · 23:47:21 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Teekay Tankers Ltd. Class A — Company Profile

Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.

Exchange
UN
CEO
Kenneth Hvid
Headquarters
Hamilton, D0, BM
IPO Date
Dec 13, 2007
Employees
2,130
Website
www.teekay.com

Key Metrics

Price
$103.10
Market Cap
$3.57B
Revenue (TTM)
$286.09M
Net Income (TTM)
$153.55M
EPS (TTM)
4.42
P/E (TTM)
8.33
P/B (TTM)
1.63
Dividend Yield
2.65%
ROE (TTM)
7.01%
ROA (TTM)
6.42%
Operating Margin
43.70%
Beta
0.20

Dividends

Last Dividend
$1.25
Last Yield
0.03%

Summary

Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.

Website
www.teekay.com
Location
Hamilton, D0, BM
Phone441 298 2530
Employees2,130
CEOKenneth Hvid
IPO DateDec 13, 2007

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Latest Documents

SEC Filings(435)

Expand
  • 4Statement of changes in beneficial ownership16 Sep
  • 144Schellenberg David15 Sep
  • 4Statement of changes in beneficial ownership25 Aug
  • 4Statement of changes in beneficial ownership25 Aug
  • 4Statement of changes in beneficial ownership25 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership18 Aug
  • 4Statement of changes in beneficial ownership18 Aug
  • 144/AKapoor Rohit (RK2)18 Aug
  • 144Locke Simon Heidi18 Aug
  • 144Kapoor Rohit (RK2)18 Aug
  • 6-KCurrent report (foreign private issuer)31 Jul
  • SC 13GTEEKAY TANKERS LTD.30 Jul
  • 6-KCurrent report (foreign private issuer)29 Jul
  • 4/AStatement of changes in beneficial ownership (amendment)10 Jun
  • 4/AStatement of changes in beneficial ownership (amendment)10 Jun
  • 4/AStatement of changes in beneficial ownership (amendment)10 Jun
  • 4Statement of changes in beneficial ownership9 Jun

News

  • DiaMedica Therapeutics Announces Enrollment of 200th Patient in ReMEDy2 Phase 2/3 Acute Ischemic Stroke Trial22 Oct
  • Teekay Tankers Ltd (TNK) Shares Fall 4.5% -- GF Value Says Still Overvalued14 Oct
  • Is Teekay Tankers (TNK) a Buy as Wall Street Analysts Look Optimistic?1 Oct
  • Teekay Tankers (NYSE:TNK) & Cheniere Energy Partners (NYSE:CQP) Head-To-Head Review30 Sep
  • Montauk Renewables (NASDAQ:MNTK) and Teekay Tankers (NYSE:TNK) Head to Head Comparison28 Sep
  • Teekay Tankers (TNK) Upgraded to Buy: Here's What You Should Know25 Sep
  • Teekay Tankers (NYSE:TNK) Shares Gap Down – What’s Next?24 Sep
  • Why Teekay Tankers Stock Dropped Today22 Sep
  • Brokers Suggest Investing in Teekay Tankers (TNK): Read This Before Placing a Bet15 Sep
  • Teekay Tankers (NYSE:TNK) Reaches New 12-Month High – What’s Next?15 Sep
  • Teekay Tankers Ltd. (TNK) Hits Fresh High: Is There Still Room to Run?14 Sep
  • Teekay Tankers Ltd (TNK) Stock Up 4.3% but GF Value Says Overvalued -- GF Score: 59/1009 Sep
  • "Schrodinger’s Strait:" Why Hormuz Now Exists in a State of Permanent Uncertainty3 Sep
  • Shipping stocks at a crossroads amid their best rally in decades2 Sep
  • Are Investors Undervaluing TEEKAY TANK LTD (TNK) Right Now?31 Aug
  • Teekay Tankers (TNK) Recently Broke Out Above the 20-Day Moving Average28 Aug
  • Teekay Tankers (TNK) Is Up 6.92% in One Week: What You Should Know27 Aug
  • Wall Street Bulls Look Optimistic About Teekay Tankers (TNK): Should You Buy?27 Aug
  • Teekay Tankers: Record Earnings And The Bull Case Is Still Intact16 Aug
  • Teekay Tankers Ltd. (TNK) Hit a 52 Week High, Can the Run Continue?14 Aug

Mentions in Filings

  • #RPC, Inc. 19,443 129,296 SandRidge Energy, Inc. 5,395 85,511 Scorpio Tankers, Inc. 12,471 793,405 \*SEACOR Marine Holdings, Inc. 3,454 23,073 \*Seadrill, Ltd. 18,015 693,217 Select Water Solutions, Inc., Class A 28,100 339,729 SFL Corp., Ltd., Class B 33,743 298,963 SLB, Ltd. 417,914 20,218,679 SM Energy Co. 60,211 1,172,316 Solaris Energy Infrastructure, Inc., Class A 11,533 636,506 \*Talo …
    Dimensional ETF TrustTeekay Tankers Ltd. Class A·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • As at June 30, 2026, the Company had one revolving credit facility (or the 2023 Revolver), for which <strong>Teekay Tankers</strong> is the borrower and which, as at such date, provided for aggregate borrowings of up to $97.6 million (December 31, 2025 - $171.7 million), of which $97.6 million (December 31, 2025 - $171.7 million) was undrawn. The 2023 Revolver matures in May 2029 and interest payments are based on the Secured Overnight Financing Rate (or SOFR) pl …
    TEEKAY CORP LTDTeekay Tankers Ltd. Class A·6-K - Current report (foreign private issuer)·Q2 26·31 Jul
  • (4)As at June 30, 2026, March 31, 2026, and December 31, 2025, Teekay Parent owned 10.6 million <strong>Teekay Tankers</strong> Class A and B common shares, and the closing prices of Teekay Tankers' Class A common shares were $64.87 per share, $73.32 per share, and $53.42 per share, respectively. Conference Call Teekay and Teekay Tankers (collectively, the Teekay Group) plan to host a conference call on Thursday, July 30, 2026 at 11:00 a.m. (ET) to discuss the …
    TEEKAY CORP LTDTeekay Tankers Ltd. Class A·6-K - Current report (foreign private issuer)·Q3 26·29 Jul
  • #### Item C.1. Identification of investment. | | | | --- | --- | | a. Name of issuer (if any). | <strong>Teekay Tankers</strong> Ltd | | b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. | 549300DE8ZAIYS2T6Q22 | | c. Title of the issue or description of the investment. | Teekay Tankers Ltd | | d. CUSIP (if any). | N/A | At least one of the following other identifiers: | | | | --- | - …
    Corgi ETF Trust ITeekay Tankers Ltd. Class A·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q2 26·31 Aug
  • … nal Seaways, Inc. | 665 | 50,932 | | Pangaea Logistics Solutions Ltd. | 3,154 | 20,501 | | SFL Corp. Ltd. | 3,458 | 35,272 | | Star Bulk Carriers Corp. | 1,938 | 48,392 | | StealthGas, Inc. (a) | 2,717 | 21,464 | | <strong>Teekay Tankers Ltd.</strong> | 570 | 36,976 | | ZIM Integrated Shipping Services Ltd. | 1,957 | 50,882 | | | | 480,332 | | Freight Transportation Arrangement - 17.0% | | | | CH Robinson Worldwide, Inc. | 475 | 89,461 | | Costamare, Inc. | 1,957 …
    Corgi ETF Trust ITeekay Tankers Ltd. Class A·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q2 26·31 Aug
  • … | HF Sinclair Corp. | | 0.99% | | 20 | | 88.25 | | 1,765 | | INSW | International Seaways, Inc. † | | 0.99% | | 19 | | 92.57 | | 1,759 | | PR | Permian Resources Corp. | | 1.00% | | 87 | | 20.50 | | 1,784 | | TNK | <strong>Teekay Tankers Ltd.</strong> (Class A) † | | 0.99% | | 23 | | 76.80 | | 1,766 | | Financials (4.93%): | | | | | | | | | | | FHI | Federated Hermes, Inc. (Class B) | | 0.98% | | 27 | | 64.96 | | 1,754 | | KSPI | JSC Kaspi.kz (ADR) † | | 0.98% | …
    FT 13126Teekay Tankers Ltd. Class A·S-6/A - AMENDMENT TO REGISTRATION STATEMENT·Q3 26·5 Aug

Key Stats

Trading

Px/Chg 1D$103.10 / +2.07%
Avg Volume503.70K
Beta0.20
Mkt Cap3.57B
FD Mkt Cap3.07B

Float

Shrs Out/Float34.64M / 23.91M
Short Float0.04%
Days to Cover1.99
Stock Repurchased$0.00

Current Valuation

EV2.88B
EV/EBITDA5.57
EV/Sales2.86
P/B1.63
P/S3.55
FCF Yield2.15%
ROE7.01%
ROA6.42%
Current Ratio9.40

Dividend

Cash$1.25
Yield2.65%
Yield (TTM)2.65%

Estimates

P/E8.33
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Mar '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings11.856.133.843.7422.2723.26
Price / Sales5.341.221.351.2310.3912.48
Price / Book Value1.291.351.290.861.311.63
Price / Free Cash Flow17.728.113.243.8126.8546.60
ENTERPRISE VALUE METRICS
Enterprise Value1,903.51,838.21,828.51,061.51,906.32,882.8
Enterprise Value / Sales4.221.561.240.867.3810.08
Enterprise Value / EBITDA7.854.942.782.1013.4416.00
Enterprise Value / EBIT9.336.723.262.5815.8418.24

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue15.1%542.41,178.01,473.71,229.3951.8
Gross Income—-58.0306.0581.7394.3261.6
EBITDA—-103.2372.4657.7505.1436.8
EBIT—-209.3273.4560.2411.5350.2
Net Income—-242.4235.4519.9403.7351.2
EPS (Diluted)—-7.166.6815.0411.6110.10
BALANCE SHEET
Cash & ST Inv102.7%50.6180.5391.5534.3853.3
Total Assets8.5%1,618.71,783.71,941.71,974.02,241.7
Total Liabilities-29%780.3713.6391.5217.4198.1
Total Shareholder Equity24.9%838.41,070.01,550.21,756.62,043.6
CASH FLOW
Net Operating Cash Flow—-107.3193.3626.1471.9305.9
Cap Ex73.3%-21.4-15.4-10.2-75.3-193.3
Free Cash Flow—-128.8177.8615.9396.6112.6

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)99.67
Basic Shares34.64
Market Cap3,453.0
Diluted Shares34.91
Fully Diluted Shares Outstanding34.91
Fully Diluted Market Cap3,479.5
+Consolidated Debt33.0
−In-the-Money Convertible Debt—
+Capital Leases13.6
+Operating Leases—
−Cash & Equivalents-722.0
−Short-term Investments-274.1
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value2,763.9

Segment data

Revenue

by Products and services

  • Voyage Charters56%
  • Voyage Charters - Suezmax30%
  • Other Revenue10%
  • Time-charter2%
  • Ship-to-ship Support Services, Other Revenue1%

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