Teekay Tankers Ltd.TNK

$74.45+0.52 (+0.70%)
NYSEIndustrials24:00 UTC

Company snapshot

Market Cap
$3B
Mid-cap
+410%
2016 — today
10-Year Price
+186%
2016 — today
52-Week Range
$41.72$83.03
Current $74.45· 79%

Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.

Valuation in context

P/E ratio
6.1
Historically pricey
Historically pricey — last 10 years
P/B ratio
1.2
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
3.7
Below average
Below the 10-year average
Dividend Yield
2.7%
Near historic low
Near historic low — last 10 years
FCF Yield
5.3%
Below average
Below the 10-year average
Free · No credit card needed

Get alerted when TNK is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.