TNK icon

Teekay Tankers

43.29 USD
+1.41
3.37%
At close Jul 2, 4:00 PM EDT
After hours
43.29
+0.00
0.00%
1 day
3.37%
5 days
-1.32%
1 month
-3.28%
3 months
13.35%
6 months
4.95%
Year to date
4.95%
1 year
-36.68%
5 years
246.04%
10 years
-24.63%
 

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 7,310 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
18%
upside
Avg. target
$53
22%
upside
High target
$55
27%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Jefferies
Omar Nokta
27%upside
$55
Buy
Maintained
8 May 2025
Evercore ISI Group
Jonathan Chappell
18%upside
$51
Outperform
Maintained
22 Apr 2025

Financial journalist opinion

Based on 6 articles about TNK published over the past 30 days

Negative
Zacks Investment Research
6 days ago
Teekay Tankers (TNK) Stock Falls Amid Market Uptick: What Investors Need to Know
Teekay Tankers (TNK) concluded the recent trading session at $43.49, signifying a -1.25% move from its prior day's close.
Teekay Tankers (TNK) Stock Falls Amid Market Uptick: What Investors Need to Know
Negative
Zacks Investment Research
1 week ago
Teekay Tankers (TNK) Stock Sinks As Market Gains: Here's Why
Teekay Tankers (TNK) reached $43.37 at the closing of the latest trading day, reflecting a -1.97% change compared to its last close.
Teekay Tankers (TNK) Stock Sinks As Market Gains: Here's Why
Neutral
Zacks Investment Research
1 week ago
Brokers Suggest Investing in Teekay Tankers (TNK): Read This Before Placing a Bet
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?
Brokers Suggest Investing in Teekay Tankers (TNK): Read This Before Placing a Bet
Negative
Seeking Alpha
1 week ago
Teekay Tankers: A Strait Of Hormuz Play With Over 40% Of Market Cap In Net Cash
Geopolitical tensions in the Middle East, especially threats to close the Strait of Hormuz, are driving oil and tanker market volatility. Teekay Tankers is ideally positioned to benefit from surging spot rates due to its flexible fleet and high spot-market exposure. Tight global tanker supply and Teekay's low break-even costs amplify its cash flow potential during rate spikes.
Teekay Tankers: A Strait Of Hormuz Play With Over 40% Of Market Cap In Net Cash
Neutral
Zacks Investment Research
2 weeks ago
Teekay Tankers (TNK) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Teekay Tankers (TNK) closed at $45.89, marking a -3.57% move from the previous day.
Teekay Tankers (TNK) Stock Declines While Market Improves: Some Information for Investors
Neutral
GlobeNewsWire
3 weeks 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
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