TNK icon

Teekay Tankers

47.59 USD
+1.73
3.77%
At close Jun 13, 4:00 PM EDT
After hours
47.90
+0.31
0.65%
1 day
3.77%
5 days
7.06%
1 month
4.23%
3 months
29.50%
6 months
25.04%
Year to date
15.37%
1 year
-29.62%
5 years
196.14%
10 years
-19.28%
 

About: Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.

Employees: 2,000

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

15% more call options, than puts

Call options by funds: $17.4M | Put options by funds: $15.2M

0.23% more ownership

Funds ownership: 59.49% [Q4 2024] → 59.72% (+0.23%) [Q1 2025]

3% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 69

3% less capital invested

Capital invested by funds: $703M [Q4 2024] → $680M (-$22.6M) [Q1 2025]

5% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 42

2% less funds holding

Funds holding: 201 [Q4 2024] → 196 (-5) [Q1 2025]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$51
7%
upside
Avg. target
$53
11%
upside
High target
$55
16%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Jefferies
Omar Nokta
16%upside
$55
Buy
Maintained
8 May 2025
Evercore ISI Group
Jonathan Chappell
7%upside
$51
Outperform
Maintained
22 Apr 2025

Financial journalist opinion

Neutral
GlobeNewsWire
5 days ago
Teekay Group Publishes 2024 Sustainability Report
HAMILTON, Bermuda, June 09, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2024 Sustainability Report, which can be accessed on the Teekay Group's website by clicking here.
Teekay Group Publishes 2024 Sustainability Report
Positive
Zacks Investment Research
1 month ago
Wall Street Bulls Look Optimistic About Teekay Tankers (TNK): Should You Buy?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Wall Street Bulls Look Optimistic About Teekay Tankers (TNK): Should You Buy?
Positive
Seeking Alpha
1 month ago
Teekay Tankers: Tankers Love Gluts
OPEC+ is increasing oil production, leading to a supply glut and rising tanker rates, benefiting Teekay Tankers significantly. TNK's large spot market fleet positions it to capitalize on elevated tanker rates, despite modest Q1 results. Elevated tanker rates could result in substantial dividends for TNK investors, with special dividends already planned for May and July 2025.
Teekay Tankers: Tankers Love Gluts
Neutral
Seeking Alpha
1 month ago
Teekay Tankers Ltd. (TNK) Q1 2025 Earnings Call Transcript
Teekay Tankers Ltd. (NYSE:TNK ) Q1 2025 Results Conference Call May 8, 2025 11:00 AM ET Company Participants Kenneth Hvid - President, CEO & Director Christian Waldegrave - Director, Research & Commercial Performance Conference Call Participants Jon Chappell - Evercore ISI Omar Nokta - Jefferies Ken Hoexter - Bank of America Operator Welcome to the Teekay Group First Quarter 2025 Earnings Results Conference Call.
Teekay Tankers Ltd. (TNK) Q1 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
1 month ago
Teekay Tankers Ltd. Reports First Quarter 2025 Results and Declares Dividends
HAMILTON, Bermuda, May 07, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended March 31, 2025 and announced that its Board of Directors has declared its fixed cash dividend of $0.25 per share for the quarter ended March 31, 2025.
Teekay Tankers Ltd. Reports First Quarter 2025 Results and Declares Dividends
Neutral
GlobeNewsWire
1 month ago
Teekay Corporation Ltd. First Quarter 2025 Business Update; and Declares a Special Dividend
HAMILTON, Bermuda, May 07, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported a business update for the three months ended March 31, 2025.
Teekay Corporation Ltd. First Quarter 2025 Business Update; and Declares a Special Dividend
Neutral
Zacks Investment Research
1 month ago
Teekay Tankers (TNK) Exceeds Market Returns: Some Facts to Consider
Teekay Tankers (TNK) closed at $42.89 in the latest trading session, marking a +1.54% move from the prior day.
Teekay Tankers (TNK) Exceeds Market Returns: Some Facts to Consider
Neutral
GlobeNewsWire
1 month ago
Teekay Group to Announce First Quarter 2025 Earnings Results on May 7, 2025
HAMILTON, Bermuda, April 29, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the first quarter 2025 after market close on Wednesday, May 7, 2025.
Teekay Group to Announce First Quarter 2025 Earnings Results on May 7, 2025
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Think Teekay Tankers (TNK) Is a Good Investment: Is It?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Wall Street Analysts Think Teekay Tankers (TNK) Is a Good Investment: Is It?
Positive
Seeking Alpha
1 month ago
Teekay Tankers Is Cheap With Cash Equivalent To 39% Of Its Capitalization
Teekay Tankers (TNK) presents a compelling buy opportunity due to a ~30% drawdown, strong net cash position, and favorable valuation metrics. TNK's valuation is attractive with a Price to Book ratio of ~0.78x, indicating potential undervaluation despite market concerns over asset writedowns. The company boasts a robust balance sheet with ~$530 million in cash and minimal debt, enabling potential share repurchases and dividend boosts.
Teekay Tankers Is Cheap With Cash Equivalent To 39% Of Its Capitalization
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