TNK icon

Teekay Tankers

39.03 USD
-0.81
2.03%
At close Apr 21, 4:00 PM EDT
1 day
-2.03%
5 days
-0.69%
1 month
1.46%
3 months
-5.15%
6 months
-28.88%
Year to date
-5.38%
1 year
-30.64%
5 years
59.31%
10 years
-22.93%
 

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 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

51% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 45

12% more funds holding

Funds holding: 178 [Q3] → 199 (+21) [Q4]

4% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 56

1.02% less ownership

Funds ownership: 60.38% [Q3] → 59.37% (-1.02%) [Q4]

33% less capital invested

Capital invested by funds: $1.04B [Q3] → $701M (-$343M) [Q4]

61% less call options, than puts

Call options by funds: $4.6M | Put options by funds: $11.7M

Research analyst outlook

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

Low target
$55
41%
upside
Avg. target
$55
41%
upside
High target
$55
41%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Jefferies
Omar Nokta
4% 1-year accuracy
2 / 55 met price target
41%upside
$55
Buy
Maintained
20 Feb 2025

Financial journalist opinion

Based on 5 articles about TNK published over the past 30 days

Positive
Zacks Investment Research
1 week ago
Teekay Tankers (TNK) Is Considered a Good Investment by Brokers: Is That True?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Teekay Tankers (TNK) Is Considered a Good Investment by Brokers: Is That True?
Neutral
GlobeNewsWire
2 weeks ago
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2024
HAMILTON, Bermuda, April 01, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) have released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2024 (Annual Reports). Each Annual Report has been filed with the U.S. Securities and Exchange Commission and can be accessed at www.teekay.com, in the “Investors” section under “Financials and Presentations” for each respective entity.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2024
Neutral
Zacks Investment Research
3 weeks ago
Teekay Tankers (TNK) Stock Declines While Market Improves: Some Information for Investors
The latest trading day saw Teekay Tankers (TNK) settling at $38.27, representing a -1.06% change from its previous close.
Teekay Tankers (TNK) Stock Declines While Market Improves: Some Information for Investors
Positive
Zacks Investment Research
4 weeks ago
Here's Why Teekay Tankers (TNK) Gained But Lagged the Market Today
In the latest trading session, Teekay Tankers (TNK) closed at $38.98, marking a +1.33% move from the previous day.
Here's Why Teekay Tankers (TNK) Gained But Lagged the Market Today
Neutral
Zacks Investment Research
4 weeks ago
Wall Street Analysts See Teekay Tankers (TNK) as a Buy: Should You Invest?
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 See Teekay Tankers (TNK) as a Buy: Should You Invest?
Positive
Zacks Investment Research
1 month ago
Is It Worth Investing in Teekay Tankers (TNK) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Is It Worth Investing in Teekay Tankers (TNK) Based on Wall Street's Bullish Views?
Neutral
Seeking Alpha
1 month ago
Teekay Corporation Ltd. (TNK) Q4 2024 Earnings Call Transcript
Teekay Corporation Ltd. (NYSE:TNK ) Q4 2024 Earnings Conference Call February 20, 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 Merrill Lynch Operator Welcome to the Teekay Group Fourth Quarter 2024 Earnings Results Conference Call.
Teekay Corporation Ltd. (TNK) Q4 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
2 months ago
Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2024 Results and Declares Dividend
HAMILTON, Bermuda, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and the year ended December 31, 2024 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended December 31, 2024. The cash dividend is payable on March 14, 2025 to all shareholders of record as at March 3, 2025.
Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2024 Results and Declares Dividend
Neutral
GlobeNewsWire
2 months ago
Teekay Corporation Ltd. Reports Fourth Quarter and Annual 2024 Results
HAMILTON, Bermuda, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here.
Teekay Corporation Ltd. Reports Fourth Quarter and Annual 2024 Results
Neutral
Zacks Investment Research
2 months ago
Teekay Tankers (TNK) Falls More Steeply Than Broader Market: What Investors Need to Know
Teekay Tankers (TNK) concluded the recent trading session at $40.43, signifying a -1.03% move from its prior day's close.
Teekay Tankers (TNK) Falls More Steeply Than Broader Market: What Investors Need to Know
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