Teekay Tankers Stock (NYSE:TNK)
Previous Close
$47.68
52W Range
$46.25 - $74.20
50D Avg
$55.48
200D Avg
$59.92
Market Cap
$1.60B
Avg Vol (3M)
$307.95K
Beta
-0.34
Div Yield
$1.00 (6.43%)
TNK Company Profile
Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.
TNK Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Voyage charters | $1.32B | $1.04B | $485.90M |
| Other revenue | $11.82M | $9.11M | $10.31M |
| Ship-to-ship support services, Other revenue | $7.95M | $4.57M | $5.47M |
| Time Charters - Suezmax | $14.28M | $49.00K | $20.39M |
| Time-charter | $31.15M | $14.74M | $46.16M |
| Vessel management, Other revenue | $3.87M | $4.54M | $4.84M |
| Voyage Charters - Full Service Lightering | $81.55M | $123.50M | $53.93M |
| Voyage Charters - Suezmax | $669.33M | $557.97M | $259.07M |
| LNG terminal management, consultancy and other, Other revenue | - | - | - |
| Time Charters - Aframax | - | - | $22.34M |
| Voyage Charters - LR2 | - | - | $79.97M |
| Voyage Charters - Aframax | - | - | $92.92M |
| Time Charters - LR2 | - | - | $3.43M |
Fiscal year ends in Dec 23 | Currency in USD