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TNK Overview

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ET
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Intellectia

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High
74.575
Open
72.750
VWAP
73.39
Vol
487.63K
Mkt Cap
2.54B
Low
72.280
Amount
35.79M
EV/EBITDA(TTM)
5.71
Total Shares
34.64M
EV
1.64B
EV/OCF(TTM)
5.37
P/S(TTM)
2.63
Teekay Tankers Ltd. is a Bermuda-based company. The Company's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The Company owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The Company also owns a crude carrier (VLCC) through a joint venture. It owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.
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Events Timeline

(ET)
2026-02-18
16:20:00
Teekay Tankers Reports Q4 Revenue of $258.27M
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2025-07-30 (ET)
2025-07-30
17:17:12
Teekay Tankers reports Q2 EPS $1.41, consensus $1.40
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2025-06-03 (ET)
2025-06-03
09:47:23
Teekay Tankers falls -4.8%
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2025-05-07 (ET)
2025-05-07
18:11:46
Teekay Tankers reports Q1 adjusted EPS $1.21, consensus $1.14
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News

CNBC
2.0
03-28CNBC
Yemen's Houthis Launch First Missile Strike Against Israel
  • Missile Strike Escalation: Yemen's Houthis launched their first ballistic missile strike against Israel, marking the militia's initial military intervention in the U.S.-Israeli-led war against Iran, which could escalate regional tensions.
  • Clear Military Targets: Houthi spokesman stated that the strike was aimed at supporting Iran's regime and Hezbollah in Lebanon, indicating a close alignment with Iran that may influence future geopolitical dynamics.
  • Global Trade Risks: Analysts warn that the Houthis could attempt to choke off maritime traffic through the Bab el-Mandeb Strait, a crucial shipping route, which is expected to exert pressure on global trade, particularly in oil and gas transportation.
  • Surging Oil Prices: Amid escalating tensions in the Middle East, U.S. crude oil prices rose 5.46% to $99.64 per barrel, while international benchmark Brent crude increased by 4.22% to $112.57, reflecting heightened market concerns over supply disruptions.
CNBC
8.0
03-26CNBC
GPS Disruptions Surge Amid Middle East Conflict
  • Surge in GPS Disruptions: Following the U.S. and Israel's pre-emptive strikes against Iran on February 28, GPS disruptions have surged in the Middle East, with over 1,100 vessels experiencing AIS signal interference within the first 24 hours, affecting maritime, aviation, and land transportation while exposing vulnerabilities in the American-made satellite navigation system.
  • Reasons for Interference: Analysts suggest that Gulf states may be jamming satellite navigation signals to protect critical infrastructure from drone and missile attacks, a tactic increasingly common in modern warfare, as evidenced by similar disruptions following Russia's invasion of Ukraine in 2022.
  • Impact on Shipping: Despite the significant reduction in shipping activity due to the blockage of the Strait of Hormuz, foreign-flagged vessels from countries like China and India still have transit rights, making accurate positioning data crucial for avoiding collisions and grounding risks in the narrow strait, which measures only 21 miles (33 km) at its narrowest point.
  • Emerging Technology Trends: As GPS signal jamming intensifies, industry experts highlight the vulnerabilities of satellite navigation systems, noting that modern chips can receive signals from multiple global navigation systems, with Iran potentially utilizing China's BeiDou, posing a challenge to U.S. strategic dominance in global navigation.
CNBC
7.0
03-24CNBC
Kuwait Petroleum Warns of Economic Blockade Impact
  • Economic Blockade Warning: Sheikh Nawaf Al-Sabah, CEO of Kuwait Petroleum Corporation, stated that Iran's closure of the Strait of Hormuz constitutes an economic blockade against Gulf Arab oil producers, warning that the impact will be catastrophic and could trigger a domino effect on the global economy.
  • Production Disruption: Kuwait has declared force majeure on its delivery contracts and has ramped down oil production, currently only supplying oil for domestic consumption, with a prior production level of 2.6 million barrels per day, making it the fifth-largest producer in OPEC.
  • Global Supply Shortage: Al-Sabah emphasized that the 3 million barrels per day of emergency stocks from the International Energy Agency will do little to compensate for the production cuts in Iraq, Saudi Arabia, and the UAE, highlighting the far-reaching impact of the Strait's closure on the global supply chain.
  • Agricultural Impact: With fertilizers from the Gulf unable to reach global markets, developing countries could see a 50% reduction in harvests, particularly as the planting season approaches, exacerbating difficulties in global food transportation.
CNBC
4.0
03-18CNBC
Strait of Hormuz Blockade Raises Global Oil Supply Concerns
  • Shipping Traffic Plummets: Since the onset of the conflict on February 28, only 21 tankers have transited the Strait of Hormuz, a drastic drop from over 100 daily before the war, potentially leading to soaring global oil prices and a supply crisis.
  • Chinese Vessel Transit: During the conflict, 11 China-linked vessels successfully navigated the Strait, despite state-owned Cosco Shipping suspending new bookings, indicating a strategic shift in China's shipping approach to mitigate risks in the region.
  • Random Attacks Heighten Uncertainty: The International Maritime Organization reports that at least 16 vessels have been struck near the UAE and Iraq, with attacks lacking a discernible pattern, increasing shipping uncertainty and forcing shipowners to seek alternative routes.
  • Congestion on Alternative Routes: At the war's onset, 81 container ships were bound for the Strait, with 43 rerouting to other ports, causing significant congestion in alternative hubs like Fujairah and Sohar, thereby impacting global supply chain efficiency.
CNBC
8.0
03-16CNBC
Trump Demands Other Countries Secure Strait of Hormuz
  • International Responsibility Sharing: Trump stated aboard Air Force One that countries reliant on the Strait of Hormuz, such as China, should take on the responsibility of securing it, emphasizing the strait's critical importance for their energy supply, which reflects a shift in the U.S. role in international security affairs.
  • Energy Dependency Discrepancy: Trump highlighted that approximately 90% of China's crude imports pass through the strait, while the U.S. only relies on 1% to 2%, indicating America's relative independence in the global energy supply chain and raising concerns about China's energy security.
  • Ally Relations in Military Action: Trump's comments raised questions about the U.S. relationship with European and Asian allies, as analysts noted that the Trump administration did not consult allies before military actions against Iran, potentially eroding trust among allies.
  • Standstill in Strait Traffic: Vessel traffic in the Strait of Hormuz has effectively come to a standstill, with Trump mentioning that the British Prime Minister offered to deploy aircraft carriers, yet no action was taken before the conflict, highlighting the tense and complex nature of international maritime security.
Fool
5.0
03-13Fool
Hartree Partners Sells Shares of Teekay Tankers in $14.27 Million Transaction
  • Share Reduction Details: Hartree Partners disclosed in an SEC filing that it sold 254,101 shares of Teekay Tankers during Q4 2026, amounting to approximately $14.27 million, which reduced its stake to 2.87% of its AUM.
  • Impact of Price Fluctuations: The sale resulted in a $12.42 million decrease in the value of Hartree's Teekay Tankers position, highlighting the direct impact of market volatility on its investment portfolio, particularly in the cyclical shipping sector.
  • Company Financial Performance: Teekay Tankers reported Q4 2026 revenue of about $258 million and net income of $120.5 million, a significant increase from $82.1 million a year earlier, indicating strong performance driven by robust spot tanker rates.
  • Market Outlook Analysis: Despite Teekay Tankers' stock rising 80% over the past year, Hartree's decision to reduce its holdings may reflect a cautious stance on future market volatility, prompting investors to monitor the ongoing strength in the tanker market and its potential impact on profitability.

Valuation Metrics

The current forward P/E ratio for Teekay Tankers Ltd (TNK.N) is 6.87, compared to its 5-year average forward P/E of 1.18. For a more detailed relative valuation and DCF analysis to assess Teekay Tankers Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
1.18
Current PE
6.87
Overvalued PE
8.98
Undervalued PE
-6.63

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
4.19
Current EV/EBITDA
3.32
Overvalued EV/EBITDA
6.13
Undervalued EV/EBITDA
2.25

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.87
Current PS
2.77
Overvalued PS
2.56
Undervalued PS
1.18

Financials

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Whales Holding TNK

C
Castleknight Management LP
Holding
TNK
+18.78%
3M Return

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Frequently Asked Questions

What is Teekay Tankers Ltd (TNK) stock price today?

The current price of TNK is 73.32 USD — it has increased 1.79

What is Teekay Tankers Ltd (TNK)'s business?

Teekay Tankers Ltd. is a Bermuda-based company. The Company's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The Company owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The Company also owns a crude carrier (VLCC) through a joint venture. It owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.

What is the price predicton of TNK Stock?

Wall Street analysts forecast TNK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TNK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Teekay Tankers Ltd (TNK)'s revenue for the last quarter?

Teekay Tankers Ltd revenue for the last quarter amounts to 258.27M USD, decreased -26.45

What is Teekay Tankers Ltd (TNK)'s earnings per share (EPS) for the last quarter?

Teekay Tankers Ltd. EPS for the last quarter amounts to 3.46 USD, increased 29.10

How many employees does Teekay Tankers Ltd (TNK). have?

Teekay Tankers Ltd (TNK) has 1590 emplpoyees as of April 01 2026.

What is Teekay Tankers Ltd (TNK) market cap?

Today TNK has the market capitalization of 2.54B USD.