TNK - Teekay Tankers Ltd.

NYSE - Nasdaq Real Time Price. Currency in USD
1.0900
-0.0300 (-2.68%)
At close: 4:02PM EDT
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Previous Close 1.1200
Open 1.1100
Bid 1.0900 x 800
Ask 1.1000 x 27000
Day's Range 1.0800 - 1.1200
52 Week Range 0.8700 - 1.4200
Volume 427,900
Avg. Volume 1,521,787
Market Cap 293.11M
Beta (3Y Monthly) 0.65
PE Ratio (TTM) N/A
EPS (TTM) -0.0800
Earnings Date Jul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield N/A (11.21%)
Ex-Dividend Date 2018-03-02
1y Target Est 1.74
Trade prices are not sourced from all markets
  • GlobeNewswire yesterday

    Teekay Corporation 2019 Annual General Meeting Presentation

    Teekay Corporation (Teekay) (TK) presented at its 2019 Annual General Meeting on Monday, June 10, 2019, which included details on its two publicly-traded Daughter entities, Teekay LNG Partners L.P. (Teekay LNG) (TGP) and Teekay Tankers Ltd. (Teekay Tankers) (TNK). It is my pleasure to report to you at this Annual General Meeting as Teekay’s President and Chief Executive Officer. Over the past three years, we have completed several important initiatives with the objective of de-risking, delevering and preserving value and optionality during what was a very challenging time for the energy and capital markets, while also executing on a very large gas project orderbook that is delivering on-time or early and on-budget.  With the recent successful refinancing of Teekay’s 2020 bond, the near completion of all our LNG growth projects, and the anticipated improvement in tanker shipping market fundamentals, we believe Teekay has reached a positive turning point and the Teekay Group is in the best position it has been in for quite a few years.

  • What You Should Know About Teekay Tankers Ltd.'s (NYSE:TNK) Financial Strength
    Simply Wall St. 3 days ago

    What You Should Know About Teekay Tankers Ltd.'s (NYSE:TNK) Financial Strength

    Investors are always looking for growth in small-cap stocks like Teekay Tankers Ltd. (NYSE:TNK), with a market cap of...

  • Thomson Reuters StreetEvents 5 days ago

    Edited Transcript of TNK earnings conference call or presentation 23-May-19 5:00pm GMT

    Q1 2019 Teekay Tankers Ltd Earnings Call

  • GlobeNewswire 17 days ago

    Teekay Tankers Announces Changes to Board of Directors

    Effective May 29, 2019, Mr. Sai W. Chu will be joining the Board to fill the vacancy created by the resignation of Mr. Richard Paterson.  Mr. Richard Paterson, an independent director of Teekay Tankers, has stepped down from the Board to accept an invitation to join the board of Teekay GP L.L.C, the general partner of Teekay LNG Partners L.P.  Mr. Chu, who is an independent director, will also serve as the Chair of the Company’s Audit Committee and as a member of the Board’s Conflicts Committee and Governance Committee. “Sai brings a wealth of financial and shipping expertise to Teekay Tankers,” commented Arthur Bensler, Chair of the Board.  “We are very pleased that he has agreed to join our Board, and we look forward to his contribution as we continue to execute on our strategy in the years to come.”  Mr. Bensler continued, “Richard has made an invaluable contribution during his tenure.

  • GlobeNewswire 23 days ago

    Teekay Corporation Announces Expiration and Final Results of Cash Tender Offer for Any and All of Its 8.5% Senior Notes Due in 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today the expiration and final tender results of its previously announced cash tender offer to purchase any and all of its outstanding $497.7 million in aggregate principal amount of 8.5% senior notes due 2020 (the 2020 Notes and such tender offer, the Offer). The Offer expired at 11:59 p.m., New York City time, on May 21, 2019 (the Expiration Time). The Company previously accepted for purchase approximately $458.0 million in aggregate principal amount of 2020 Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on May 7, 2019 (the Early Tender and Consent Date), for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and unpaid interest, and paid for such 2020 Notes on May 13, 2019.

  • Why Teekay Tankers Stock Tumbled 10% Today
    Motley Fool 23 days ago

    Why Teekay Tankers Stock Tumbled 10% Today

    $100 million more in revenue can't erase worries about weaker profits ahead.

  • Benzinga 23 days ago

    Pruning Of The Teekay Family Tree Could Bear Fruit

    On May 23, Teekay Corporation (NYSE: TK), the parent holding company, reported a net loss of $84.3 million in the first quarter of 2019, compared to a loss of $20.6 million in the same period the year before. Teekay Tankers (NYSE: TNK) posted net income of $12.4 million in the latest quarter, compared to a loss of $19.2 million in the first quarter of 2018. Teekay LNG (NYSE: TGP) reported net income in the most recent period of $21.6 million, up from a loss of $6.9 million in the first quarter of 2018.

  • ACCESSWIRE 23 days ago

    Teekay Tankers Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Teekay Tankers Ltd. (NYSE: TNK ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 23, 2019 at 1:00 PM Eastern ...

  • GlobeNewswire 23 days ago

    Teekay Corporation Announces Banff FPSO Contract Extension

    Teekay Corporation (Teekay or the Company) (TK) has entered into an agreement with a subsidiary of Canadian Natural Resources Ltd. (CNR) to extend the employment of the Petrojarl Banff FPSO unit (Petrojarl Banff) on the Banff field in the North Sea for a period of one year to the end of August 2020 at substantially similar terms to the current contract, which includes an upside component linked to oil prices and oil/gas production. “We are pleased to announce this important FPSO contract extension for the Petrojarl Banff, which extends the production of the fields in the North Sea, and we are committed to work together with CNR to maximize production in the future,” commented Kenneth Hvid, Teekay’s President and Chief Executive Officer.

  • Teekay Tankers (TNK) Q1 Earnings Match Estimates
    Zacks 23 days ago

    Teekay Tankers (TNK) Q1 Earnings Match Estimates

    Teekay Tankers (TNK) delivered earnings and revenue surprises of 0.00% and -6.94%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press 23 days ago

    Teekay Tankers: 1Q Earnings Snapshot

    The Hamilton, Bermuda-based company said it had net income of 5 cents per share. The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was ...

  • GlobeNewswire 23 days ago

    Teekay Corporation Reports First Quarter 2019 Results

    Highlights GAAP net loss attributable to shareholders of Teekay of $84.3 million, or $0.84 per share, and adjusted net loss attributable to shareholders of Teekay(1) of $13.0.

  • GlobeNewswire 23 days ago

    Teekay Tankers Ltd. Reports First Quarter 2019 Results

    Highlights Reported GAAP net income of $12.4 million, or $0.05 per share, and adjusted net income(1) of $14.6 million, or $0.05 per share, in the first quarter of 2019.

  • How to Invest in Shipping Stocks
    Motley Fool 25 days ago

    How to Invest in Shipping Stocks

    A deep dive into the marine shipping industry.

  • Teekay Tankers (TNK) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks last month

    Teekay Tankers (TNK) Reports Next Week: Wall Street Expects Earnings Growth

    Teekay Tankers (TNK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • What's in Store for Avianca (AVH) This Earnings Season? (Revised)
    Zacks last month

    What's in Store for Avianca (AVH) This Earnings Season? (Revised)

    Avianca Holdings' (AVH) top line is likely to gain from robust passenger revenues in first-quarter 2019.

  • Factors Likely to Shape ZTO Express' (ZTO) Q1 Earnings
    Zacks last month

    Factors Likely to Shape ZTO Express' (ZTO) Q1 Earnings

    We expect high parcel volumes to boost ZTO Express' (ZTO) first-quarter 2019 results. High costs, however, might dent the bottom line.

  • GlobeNewswire last month

    Teekay Tankers Confirms Compliance with NYSE Continued Listing Standards

    HAMILTON, Bermuda, May 09, 2019 -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) announced today that on April 10, 2019, the Company was notified by the New.

  • GlobeNewswire last month

    Teekay Corporation Announces Early Results of Tender Offer for Its 8.5% Senior Notes Due 2020

    Teekay Corporation (Teekay or the Company) (TK) announced today the results to date of its previously announced cash tender offer (the Offer) to purchase any and all of its outstanding 8.5% Senior Notes due 2020 (the Notes), upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated as of April 24, 2019 (the Offer to Purchase) and the related Letter of Transmittal and Consent. According to information received from Ipreo LLC, the depositary and information agent for the Offer, as of 5:00 p.m., New York City time, on May 7, 2019 (the Early Tender and Consent Date), Teekay had received valid tenders from holders of the Notes that were not validly withdrawn as set forth in the table below.

  • GlobeNewswire last month

    Teekay Corporation Announces Pricing of $250 Million Private Offering of Senior Secured Notes

    Teekay Corporation (Teekay or the Company) (TK) announced today the pricing at par of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes).  The Company decided to reduce the offering amount from $300 million as a result of its previously announced agreement to sell the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE: TOO) to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), for $100 million in cash. The Notes are being offered to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act).

  • GlobeNewswire 2 months ago

    Teekay Corporation Agrees to Sell Remaining Interests in Teekay Offshore to Brookfield for $100 Million

    Teekay Corporation (Teekay or the Company) (TK) announced today an agreement to sell to Brookfield Business Partners L.P. (BBU)(BBU-UN.TO), together with its institutional partners (collectively Brookfield), all of the Company’s remaining interests in Teekay Offshore Partners L.P. (Teekay Offshore) (TOO), which includes the Company’s 49% general partner interest, common units, warrants, and an outstanding $25 million loan from the Company to Teekay Offshore, for total proceeds of $100 million in cash.

  • GlobeNewswire 2 months ago

    Teekay Group Announces First Quarter 2019 Earnings Results Conference Calls

    HAMILTON, Bermuda, April 25, 2019 -- Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) plans to release its financial results for the first quarter of 2019 before.

  • Moody's 2 months ago

    Teekay Corporation -- Moody's assigns B2 rating to Teekay's new senior secured notes, affirms B3 CFR; outlook stable

    Moody's Investors Service, ("Moody's") assigned a B2 rating to Teekay Corporation's ("Teekay" or "Parent") proposed senior secured notes due in 2024. Concurrently, Moody's affirmed Teekay's B3 Corporate Family Rating ("CFR") and SGL-3 Speculative Grade Liquidity rating, denoting adequate liquidity.

  • Could The Teekay Tankers Ltd. (NYSE:TNK) Ownership Structure Tell Us Something Useful?
    Simply Wall St. 2 months ago

    Could The Teekay Tankers Ltd. (NYSE:TNK) Ownership Structure Tell Us Something Useful?

    The big shareholder groups in Teekay Tankers Ltd. (NYSE:TNK) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over...