Teekay Tankers
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
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
53% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 45
12% more funds holding
Funds holding: 178 [Q3] → 200 (+22) [Q4]
0.97% less ownership
Funds ownership: 60.38% [Q3] → 59.42% (-0.97%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 56
33% less capital invested
Capital invested by funds: $1.04B [Q3] → $702M (-$342M) [Q4]
61% less call options, than puts
Call options by funds: $4.6M | Put options by funds: $11.7M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Evercore ISI Group Jonathan Chappell 32% 1-year accuracy 10 / 31 met price target | 20%upside $51 | Outperform Maintained | 22 Apr 2025 |
Jefferies Omar Nokta 7% 1-year accuracy 4 / 56 met price target | 29%upside $55 | Buy Maintained | 20 Feb 2025 |
Financial journalist opinion
Based on 6 articles about TNK published over the past 30 days
