Teekay Tankers (TNK)
Market Price (8/10/2026): $77.32 | Market Cap: $2.7 BilSector: Energy | Industry: Oil & Gas Storage & Transportation
Teekay Tankers (TNK)
Market Price (8/10/2026): $77.32Market Cap: $2.7 BilSector: EnergyIndustry: Oil & Gas Storage & Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 25%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 20%, FCF Yield is 10.0% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -44% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 47%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23% Low stock price volatilityVol 12M is 39% Megatrend and thematic driversMegatrends include Global Energy Supply Chains. Themes include Crude Oil Transportation, Maritime Energy Logistics, and Global Petroleum Trade Infrastructure. | Weak multi-year price returns2Y Excs Rtn is -2.1% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.1% Key risksTNK key risks include [1] the significant capital expenditure required for renewing its aging fleet, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 25%, Dividend Yield is 2.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 20%, FCF Yield is 10.0% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -44% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 47%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23% |
| Low stock price volatilityVol 12M is 39% |
| Megatrend and thematic driversMegatrends include Global Energy Supply Chains. Themes include Crude Oil Transportation, Maritime Energy Logistics, and Global Petroleum Trade Infrastructure. |
| Weak multi-year price returns2Y Excs Rtn is -2.1% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.1% |
| Key risksTNK key risks include [1] the significant capital expenditure required for renewing its aging fleet, Show more. |
Qualitative Assessment
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Teekay Tankers (TNK) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Fiscal Q2 2026 Earnings Per Share (EPS) Miss: Teekay Tankers reported an EPS of $5.54 for fiscal Q2 2026 (ended June 30, 2026), which fell short of the analyst consensus estimate of $5.6661 by 2.23%. This earnings miss contributed to a 2.72% decline in the stock price immediately following the announcement on July 29-30, 2026.
2. Weakening Global Oil Demand Outlook: Concerns about future global oil demand weighed on the stock. Organizations like the IEA and J.P. Morgan projected a decline in global oil consumption for 2026, with the IEA forecasting a 1.1 mb/d year-over-year decrease and a 5 mb/d plunge in Q2 2026 deliveries due to higher fuel prices and slower economic activity.
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Teekay Tankers (TNK) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Fiscal Q2 2026 Earnings Per Share (EPS) Miss: Teekay Tankers reported an EPS of $5.54 for fiscal Q2 2026 (ended June 30, 2026), which fell short of the analyst consensus estimate of $5.6661 by 2.23%. This earnings miss contributed to a 2.72% decline in the stock price immediately following the announcement on July 29-30, 2026.
2. Weakening Global Oil Demand Outlook: Concerns about future global oil demand weighed on the stock. Organizations like the IEA and J.P. Morgan projected a decline in global oil consumption for 2026, with the IEA forecasting a 1.1 mb/d year-over-year decrease and a 5 mb/d plunge in Q2 2026 deliveries due to higher fuel prices and slower economic activity.
3. Increased Operational Risks and Demand Impact from Geopolitical Disruptions: While geopolitical conflicts in areas like the Strait of Hormuz and Red Sea initially boosted spot tanker rates to record highs in fiscal Q2 2026, these disruptions also introduced significant operational risks and uncertainties. Notably, Chinese crude oil imports fell to a 10-year low in June 2026 following the Hormuz closure, signaling a reduction in demand from a crucial market.
4. Anticipated Impact of Fiscal Q3 2026 Dry Dockings: The company's plans for significant dry docking commitments in fiscal Q3 2026, totaling 260 days of off-hire, created a forward-looking negative sentiment. This temporary reduction in fleet availability is expected to impact revenue and operational capacity in the upcoming quarter.
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Stock Movement Drivers
Fundamental Drivers
The 0.0% change in TNK stock from 4/30/2026 to 8/9/2026 was primarily driven by a -40.5% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 77.28 | 77.25 | 0.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 952 | 1,153 | 21.1% |
| Net Income Margin (%) | 36.9% | 51.3% | 39.2% |
| P/E Multiple | 7.6 | 4.5 | -40.5% |
| Shares Outstanding (Mil) | 35 | 35 | -0.3% |
| Cumulative Contribution | 0.0% |
Market Drivers
4/30/2026 to 8/9/2026| Return | Correlation | |
|---|---|---|
| TNK | -0.0% | |
| Market (SPY) | 7.6% | -11.0% |
| Sector (XLE) | -3.6% | 11.8% |
Fundamental Drivers
The 22.1% change in TNK stock from 1/31/2026 to 8/9/2026 was primarily driven by a 56.2% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 63.28 | 77.25 | 22.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 952 | 1,153 | 21.1% |
| Net Income Margin (%) | 32.9% | 51.3% | 56.2% |
| P/E Multiple | 7.0 | 4.5 | -35.2% |
| Shares Outstanding (Mil) | 35 | 35 | -0.4% |
| Cumulative Contribution | 22.1% |
Market Drivers
1/31/2026 to 8/9/2026| Return | Correlation | |
|---|---|---|
| TNK | 22.1% | |
| Market (SPY) | 12.1% | 8.9% |
| Sector (XLE) | 13.4% | 11.4% |
Fundamental Drivers
The 87.8% change in TNK stock from 7/31/2025 to 8/9/2026 was primarily driven by a 69.6% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 41.13 | 77.25 | 87.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,093 | 1,153 | 5.5% |
| Net Income Margin (%) | 30.3% | 51.3% | 69.6% |
| P/E Multiple | 4.3 | 4.5 | 5.9% |
| Shares Outstanding (Mil) | 34 | 35 | -0.9% |
| Cumulative Contribution | 87.8% |
Market Drivers
7/31/2025 to 8/9/2026| Return | Correlation | |
|---|---|---|
| TNK | 87.8% | |
| Market (SPY) | 23.4% | 8.9% |
| Sector (XLE) | 35.0% | 9.6% |
Fundamental Drivers
The 99.6% change in TNK stock from 7/31/2023 to 8/9/2026 was primarily driven by a 71.5% change in the company's Net Income Margin (%).| (LTM values as of) | 7312023 | 8092026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.70 | 77.25 | 99.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,399 | 1,153 | -17.6% |
| Net Income Margin (%) | 29.9% | 51.3% | 71.5% |
| P/E Multiple | 3.2 | 4.5 | 44.1% |
| Shares Outstanding (Mil) | 34 | 35 | -2.0% |
| Cumulative Contribution | 99.6% |
Market Drivers
7/31/2023 to 8/9/2026| Return | Correlation | |
|---|---|---|
| TNK | 99.6% | |
| Market (SPY) | 74.9% | 15.1% |
| Sector (XLE) | 43.7% | 26.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TNK Return | -1% | 183% | 69% | -17% | 40% | 47% | 714% |
| Peers Return | -4% | 195% | 29% | -13% | 27% | 77% | 612% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| TNK Win Rate | 33% | 67% | 58% | 33% | 67% | 50% | |
| Peers Win Rate | 45% | 73% | 55% | 37% | 65% | 57% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| TNK Max Drawdown | -35% | -26% | -23% | -49% | -27% | -21% | |
| Peers Max Drawdown | -41% | -25% | -31% | -41% | -31% | -20% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: STNG, INSW, DHT, NAT, ASC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)
How Low Can It Go
| Event | TNK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -14.6% | -18.8% |
| % Gain to Breakeven | 17.1% | 23.1% |
| Time to Breakeven | 20 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -14.2% | -7.8% |
| % Gain to Breakeven | 16.5% | 8.5% |
| Time to Breakeven | 453 days | 18 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -11.5% | -24.5% |
| % Gain to Breakeven | 13.0% | 32.4% |
| Time to Breakeven | 27 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -19.5% | -33.7% |
| % Gain to Breakeven | 24.1% | 50.9% |
| Time to Breakeven | 3 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -12.1% | -19.2% |
| % Gain to Breakeven | 13.8% | 23.8% |
| Time to Breakeven | 11 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -31.3% | -3.7% |
| % Gain to Breakeven | 45.7% | 3.9% |
| Time to Breakeven | 877 days | 6 days |
In The Past
Teekay Tankers's stock fell -14.6% during the 2025 US Tariff Shock. Such a loss loss requires a 17.1% gain to breakeven.
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Asset Allocation
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| Event | TNK | S&P 500 |
|---|---|---|
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -31.3% | -3.7% |
| % Gain to Breakeven | 45.7% | 3.9% |
| Time to Breakeven | 877 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -44.8% | -12.2% |
| % Gain to Breakeven | 81.1% | 13.9% |
| Time to Breakeven | 2549 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -20.7% | -6.8% |
| % Gain to Breakeven | 26.0% | 7.3% |
| Time to Breakeven | 18 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -54.3% | -17.9% |
| % Gain to Breakeven | 118.9% | 21.8% |
| Time to Breakeven | 1326 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -68.5% | -53.4% |
| % Gain to Breakeven | 217.8% | 114.4% |
| Time to Breakeven | 5647 days | 1085 days |
In The Past
Teekay Tankers's stock fell -14.6% during the 2025 US Tariff Shock. Such a loss loss requires a 17.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Teekay Tankers (TNK)
Teekay Tankers Ltd. (TNK) is a marine transportation company that provides essential shipping services to the global oil industries. The company specializes in transporting crude oil, refined oil products, and various other liquid commodities, including liquid gases, across international waters to customers worldwide.
The core of Teekay Tankers' business involves offering voyage and time charter services, where its fleet of tankers is leased out for specific journeys or extended periods. Additionally, TNK provides offshore ship-to-ship transfer services for these commodities. The company also extends its expertise by offering commercial and technical management services for tankers. As of December 2021, Teekay Tankers operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers, along with several time-chartered vessels, demonstrating its capacity and commitment to serving its primary markets.
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Analogy 1: Think of them as the UPS or FedEx of the high seas, but for crude oil and refined fuels.
Analogy 2: They're essentially a floating pipeline company, moving crude oil and refined products around the world using giant ships.
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- Voyage Charter Services: Provides marine transportation of commodities for a single trip.
- Time Charter Services: Leases its vessels for a specified period to customers for their use.
- Offshore Ship-to-Ship Transfer Services: Facilitates the transfer of commodities, such as crude oil and refined products, between vessels at sea.
- Tanker Commercial Management Services: Offers expertise in the commercial operation and optimization of tanker vessels.
- Tanker Technical Management Services: Provides comprehensive technical support and maintenance for tanker fleets.
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- Oil Majors: Large, integrated international oil and gas companies that require global transportation of crude oil and refined products. Examples of such companies include ExxonMobil (XOM), Shell (SHEL), BP (BP), and Chevron (CVX).
- National Oil Companies (NOCs): State-owned enterprises responsible for oil and gas production and export in their respective countries. An example is Saudi Aramco (2222.SA).
- Commodity Trading Houses: Global firms specializing in the trade and transport of physical crude oil, refined products, and other liquid commodities on a global scale. Examples include Vitol, Trafigura, and Glencore (GLEN.L).
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Teekay Corporation (TK)
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Kenneth Hvid, President & Chief Executive Officer
Kenneth Hvid was appointed President and Chief Executive Officer of Teekay Tankers Ltd. in August 2024. He also serves as the President and Chief Executive Officer and a director of Teekay Corporation Ltd. Mr. Hvid joined Teekay Corporation Ltd. in 2000, progressing through roles such as Senior Vice President of Teekay Gas Services (2004) and President of the Teekay Navion Shuttle Tankers and Offshore division (2006). He served as Teekay Corporation Ltd.'s Chief Strategy Officer and Executive Vice President from 2011 to 2015, and as President and Chief Executive Officer of Teekay Offshore Group Ltd. from 2015 to 2016. He has over 35 years of global shipping experience, including 12 years with A.P. Moller in Copenhagen, San Francisco, and Hong Kong. Mr. Hvid has served on the board of Gard P. & I. (Bermuda) Ltd. since 2007.
Brody Speers, Chief Financial Officer
Brody Speers was appointed Chief Financial Officer of Teekay Tankers Ltd. and Teekay Corporation Ltd. in August 2024. He joined Teekay in 2008. Prior to his current role, he held several senior financial positions, including Vice President, Finance of Teekay Corporation Ltd. since 2018 and Treasurer of Teekay Corporation Ltd. since 2022. Mr. Speers also served as Chief Financial Officer of Teekay Gas Group Ltd. (now known as Seapeak LLC) in 2017 and 2018. Before joining Teekay, he worked as a Chartered Professional Accountant for an accounting firm in Vancouver, Canada.
Mikkel Seidelin, Chief Commercial Officer
Mikkel Seidelin was appointed Chief Commercial Officer of Teekay Tankers Ltd. in August 2024, having previously served as its Head of Chartering & Commercial Operations since 2023. He joined Teekay in 2003 and has worked in various commercial functions globally, including as Pool Manager for Taurus Tankers (LR2) and as Chartering Director for Teekay Tankers Ltd.'s Suezmax business. Mr. Seidelin holds an Executive MBA from INSEAD.
Rohit Kapoor, Head of Ship Management
Rohit Kapoor was appointed Head of Ship Management in 2020. He leads the Teekay Tankers Ship Management team, bringing over 33 years of experience in oil tanker operations, including sailing as a Master. Since 2013, he has held key leadership positions within Teekay Tankers, overseeing fleets, operations, and Health, Safety, Environment, and Quality (HSEQ). Mr. Kapoor is a member of the ABS, DNV, and LR technical committees.
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The key risks to Teekay Tankers' business operations are primarily linked to the cyclical nature of the tanker industry, the age of its fleet, and geopolitical instability.
- Volatility in Spot Tanker Rates and Oil Demand: Teekay Tankers' financial performance is highly sensitive to the highly cyclical and volatile spot tanker market, with a significant portion of its revenues derived from spot trading. Fluctuations in global oil demand and supply, changes in trading patterns, and overall tanker utilization directly impact charter rates, leading to unpredictable revenue and profitability. For instance, decreasing tanker spot day rates significantly impacted revenues in Q2 2024.
- Aging Fleet and Fleet Renewal Needs: A substantial portion of Teekay Tankers' fleet, with some sources indicating 50% or even 65% of vessels being 15 years or older, presents a significant risk. An aging fleet can lead to increased maintenance costs and substantial future capital expenditures for vessel renewals. The limited number of new tanker deliveries expected in the coming years due to constrained shipyard capacity could further complicate timely and cost-effective fleet modernization.
- Geopolitical Risks: Teekay Tankers operates in a global environment susceptible to geopolitical tensions, which can severely impact its operations and market dynamics. Conflicts, such as those in the Middle East, piracy, sanctions, and attacks on vessels (e.g., in the Red Sea), can increase operational costs, disrupt trade routes, create inefficiencies, and ultimately affect tanker demand and freight rates.
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Clear Emerging Threats for Teekay Tankers (TNK):
1. Accelerated Global Energy Transition and Declining Demand for Fossil Fuels: The intensifying global shift away from fossil fuels towards renewable energy sources and electrification poses a significant long-term threat to the demand for crude oil and refined petroleum products, which constitute Teekay Tankers' primary cargo. As global oil consumption potentially peaks and enters a sustained decline, the fundamental need for oil tanker services will diminish, leading to potential overcapacity in the shipping market and sustained downward pressure on freight rates and asset values. This trend is driven by government policies, technological advancements, and increasing corporate and consumer adoption of cleaner energy alternatives.
2. Increasingly Stringent Decarbonization Regulations and Environmental Standards for Shipping: The maritime industry faces escalating regulatory pressure from international bodies like the International Maritime Organization (IMO) and regional authorities (e.g., the European Union's Emissions Trading System for shipping). These regulations aim to significantly reduce greenhouse gas emissions and pollution from ships. Compliance will require substantial capital investments in new, more environmentally friendly vessels, retrofitting existing fleets with emission reduction technologies, or adopting alternative, low-carbon fuels. Teekay Tankers' current fleet of conventional oil tankers may become less competitive, incur higher operating costs (such as carbon taxes), or face premature obsolescence if not strategically adapted to these evolving environmental standards, creating significant financial and operational challenges.
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The addressable markets for Teekay Tankers' main products and services are as follows:
- Crude Oil Tanker Market: The global crude oil carriers market size was valued at approximately USD 257.37 billion in 2024 and is projected to reach nearly USD 357.68 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.2% from 2025 to 2032. This market is driven by the continuous demand for crude oil transportation due to its essential role in global energy supply chains.
- Offshore Ship-to-Ship Transfer Services Market: The global ship-to-ship transfer service market size is expected to be worth around USD 1.4 billion in 2024 and is projected to reach USD 2.5 billion by 2034, growing at a CAGR of 5.9% during the forecast period from 2025 to 2034. Crude oil is the leading application segment within this market, holding a 51.4% share in 2024.
- Refined Oil Products Marine Transportation Services: Null
- Tanker Commercial and Technical Management Services: Null
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Teekay Tankers (TNK) is expected to experience future revenue growth over the next 2-3 years driven by several key factors:
- Robust Tanker Market Conditions and Sustained Strong Spot Rates: The company anticipates continued strength in tanker spot rates, as evidenced by strong bookings for Suezmax and Aframax/LR2 vessels in recent and upcoming quarters. This favorable rate environment is supported by high seaborne oil trade, which increases demand for tanker services, and ongoing sanctions that lead to longer voyages and a shift of cargo from non-compliant vessels to the regulated fleet, thereby tightening vessel supply and boosting rates.
- Global Oil Demand Growth and Increased Oil Supply from Key Regions: Projections indicate an increase in global oil demand in 2026, consistent with levels seen in 2024 and 2025. This demand may be further supported by strategic oil stockpiling, particularly in China. Additionally, an expected increase in crude oil supply from non-OPEC countries, notably in the Atlantic Basin, and the commencement of exports from the expanded Trans Mountain Pipeline are anticipated to enhance tanker demand and support freight rates. Potential increases in Venezuelan oil exports are also identified as a factor that could create additional Aframax demand.
- Fleet Renewal and Modernization Strategy: Teekay Tankers is actively pursuing a fleet renewal strategy, involving the acquisition of modern, eco-design vessels and the selective sale of older ships. This initiative aims to enhance the operational efficiency of its fleet, maintain competitiveness, and potentially command higher charter rates, contributing to future revenue streams.
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Share Repurchases
- Teekay Tankers returned significant capital to shareholders, including $144 million through share buybacks and a special cash dividend since early August 2024.
Share Issuance
- The number of Teekay Tankers' outstanding shares increased slightly by 0.20% in one year as of March 2026.
- The company's shares outstanding grew from 33.89 million in 2021 to 34.66 million in 2025.
Inbound Investments
- American Century Companies Inc. increased its stake in Teekay Tankers by 6.7% during the third quarter of 2025, owning 1,077,363 shares valued at approximately $54.5 million.
- Several other institutional investors, including State of Alaska Department of Revenue, Global Retirement Partners LLC, Quantbot Technologies LP, Osaic Holdings Inc., and State of Wyoming, purchased or increased their holdings in Teekay Tankers during 2025.
Outbound Investments
- Since mid-September 2025, Teekay Tankers sold all of its 2.05 million common shares of Ardmore Shipping Corporation, generating total proceeds of $26.3 million.
Capital Expenditures
- In 2025, Teekay Tankers acquired six modern vessels for $300 million and sold fourteen older vessels for $500 million as part of its fleet renewal strategy.
- In January 2026, the company acquired three 2016-built Aframax tankers for $141.5 million.
- Capital expenditures for Teekay Tankers were reported as -$152 million in 2025 and -$193.25 million in the last 12 months as of March 2026, which indicates that proceeds from vessel sales exceeded acquisition costs during these periods.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is Teekay Tankers Stock Built to Withstand More Downside? | 10/17/2025 | |
| TNK Dip Buy Analysis | 07/10/2025 | |
| Time To Buy Teekay Tankers Stock? | 05/16/2025 | |
| Teekay Tankers (TNK) Valuation Ratios Comparison | 05/15/2025 | |
| Teekay Tankers Total Shareholder Return (TSR): -11.0% in 2024 and 63.5% 3-yr compounded annual returns (above peer average) | 03/07/2025 | |
| Teekay Tankers (TNK) Operating Cash Flow Comparison | 02/17/2025 | |
| Teekay Tankers (TNK) Net Income Comparison | 02/16/2025 | |
| Teekay Tankers (TNK) Operating Income Comparison | 02/15/2025 | |
| Teekay Tankers (TNK) Revenue Comparison | 02/14/2025 | |
| ARTICLES | ||
| Small Cap Stocks Trading At 52-Week High | 11/01/2025 |
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 47.42 |
| Mkt Cap | 2.9 |
| Rev LTM | 854 |
| Op Inc LTM | 429 |
| FCF LTM | 79 |
| FCF 3Y Avg | 169 |
| CFO LTM | 452 |
| CFO 3Y Avg | 399 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.1% |
| Rev Chg 3Y Avg | -6.2% |
| Rev Chg Q | 77.5% |
| QoQ Delta Rev Chg LTM | 15.7% |
| Op Inc Chg LTM | 95.6% |
| Op Inc Chg 3Y Avg | 2.9% |
| Op Mgn LTM | 42.6% |
| Op Mgn 3Y Avg | 34.6% |
| QoQ Delta Op Mgn LTM | 9.3% |
| CFO/Rev LTM | 46.3% |
| CFO/Rev 3Y Avg | 46.0% |
| FCF/Rev LTM | 8.6% |
| FCF/Rev 3Y Avg | 21.1% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tankers | 824 | 1,106 | 1,364 | 1,063 | |
| Marine Services and Other | 128 | 123 | 109 | 115 | |
| Elimination | 0 | 0 | |||
| Single Segment | 542 | ||||
| Total | 952 | 1,229 | 1,474 | 1,178 | 542 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|---|
| Tankers | 299 | 365 | 536 | 256 | 139 |
| Marine Services and Other | 10 | 15 | 11 | 8 | |
| Elimination | 0 | 0 | |||
| Ship-to-ship transfer segment | 3 | ||||
| Total | 309 | 380 | 547 | 264 | 142 |
| $ Mil | 2025 | 2024 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Tankers | 1,342 | 1,417 | 2,114 | 2,070 | 2,089 |
| Cash and cash equivalents | 831 | 512 | 89 | 55 | 71 |
| Marine Services and Other | 45 | 40 | |||
| Short-term investments | 22 | 0 | |||
| Due from affiliates | 3 | 5 | |||
| Ship-to-ship transfer segment | 26 | 36 | 37 | ||
| Total | 2,242 | 1,974 | 2,229 | 2,161 | 2,197 |
Price Behavior
| Market Price | $77.25 | |
| Market Cap ($ Bil) | 2.7 | |
| First Trading Date | 12/13/2007 | |
| Distance from 52W High | -5.4% | |
| 50 Days | 200 Days | |
| DMA Price | $73.01 | $67.21 |
| DMA Trend | up | down |
| Distance from DMA | 5.8% | 14.9% |
| 3M | 1YR | |
| Volatility | 41.6% | 39.0% |
| Downside Capture | -16.86 | -20.52 |
| Upside Capture | -37.26 | 50.44 |
| Correlation (SPY) | -10.2% | 8.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.37 | -0.25 | -0.24 | 0.33 | 0.33 | 0.39 |
| Up Beta | -0.86 | -0.27 | -0.08 | 0.45 | 0.65 | 0.47 |
| Down Beta | 0.99 | -0.47 | -0.64 | 0.06 | 0.36 | 0.59 |
| Up Capture | 216% | 23% | -6% | 55% | 47% | 11% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 15 | 25 | 31 | 70 | 141 | 373 |
| Down Capture | -111% | -59% | -24% | 17% | -21% | 24% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 7 | 18 | 32 | 56 | 111 | 378 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TNK | |
|---|---|---|---|---|
| TNK | 75.4% | 38.9% | 1.52 | - |
| Sector ETF (XLE) | 39.2% | 21.1% | 1.46 | 9.9% |
| Equity (SPY) | 23.3% | 12.8% | 1.36 | 8.2% |
| Gold (GLD) | 28.5% | 28.4% | 0.87 | 2.4% |
| Commodities (DBC) | 32.9% | 19.8% | 1.32 | 1.6% |
| Real Estate (VNQ) | 14.2% | 13.8% | 0.72 | 12.9% |
| Bitcoin (BTCUSD) | -43.7% | 43.0% | -1.21 | 10.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TNK | |
|---|---|---|---|---|
| TNK | 48.1% | 45.4% | 1.01 | - |
| Sector ETF (XLE) | 22.6% | 25.8% | 0.78 | 35.5% |
| Equity (SPY) | 13.5% | 17.2% | 0.61 | 17.6% |
| Gold (GLD) | 18.6% | 18.6% | 0.81 | 7.1% |
| Commodities (DBC) | 8.2% | 19.6% | 0.31 | 25.1% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 10.0% |
| Bitcoin (BTCUSD) | 9.0% | 53.0% | 0.36 | 7.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TNK | |
|---|---|---|---|---|
| TNK | 16.0% | 53.4% | 0.49 | - |
| Sector ETF (XLE) | 9.9% | 29.6% | 0.37 | 33.3% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 25.1% |
| Gold (GLD) | 12.1% | 16.2% | 0.61 | 3.2% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 24.4% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.20 | 17.5% |
| Bitcoin (BTCUSD) | 58.4% | 66.2% | 0.98 | 4.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 6-K |
| 03/31/2026 | 05/15/2026 | 6-K |
| 12/31/2025 | 03/13/2026 | 20-F |
| 09/30/2025 | 10/31/2025 | 6-K |
| 06/30/2025 | 08/01/2025 | 6-K |
| 03/31/2025 | 05/09/2025 | 6-K |
| 12/31/2024 | 03/14/2025 | 20-F |
| 09/30/2024 | 11/01/2024 | 6-K |
| 06/30/2024 | 08/02/2024 | 6-K |
| 03/31/2024 | 05/10/2024 | 6-K |
| 12/31/2023 | 03/15/2024 | 20-F |
| 09/30/2023 | 11/02/2023 | 6-K |
| 06/30/2023 | 08/04/2023 | 6-K |
| 03/31/2023 | 05/12/2023 | 6-K |
| 12/31/2022 | 03/31/2023 | 20-F |
| 09/30/2022 | 11/04/2022 | 6-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 6-K |
| 03/31/2026 | 05/15/2026 | 6-K |
| 12/31/2025 | 03/13/2026 | 20-F |
| 09/30/2025 | 10/31/2025 | 6-K |
| 06/30/2025 | 08/01/2025 | 6-K |
| 03/31/2025 | 05/09/2025 | 6-K |
| 12/31/2024 | 03/14/2025 | 20-F |
| 09/30/2024 | 11/01/2024 | 6-K |
| 06/30/2024 | 08/02/2024 | 6-K |
| 03/31/2024 | 05/10/2024 | 6-K |
| 12/31/2023 | 03/15/2024 | 20-F |
| 09/30/2023 | 11/02/2023 | 6-K |
| 06/30/2023 | 08/04/2023 | 6-K |
| 03/31/2023 | 05/12/2023 | 6-K |
| 12/31/2022 | 03/31/2023 | 20-F |
| 09/30/2022 | 11/04/2022 | 6-K |
| 06/30/2022 | 08/05/2022 | 6-K |
| 03/31/2022 | 05/19/2022 | 6-K |
| 12/31/2021 | 04/06/2022 | 20-F |
| 09/30/2021 | 11/10/2021 | 6-K |
| 06/30/2021 | 08/13/2021 | 6-K |
| 03/31/2021 | 05/21/2021 | 6-K |
| 12/31/2020 | 04/01/2021 | 20-F |
| 09/30/2020 | 11/24/2020 | 6-K |
| 06/30/2020 | 09/01/2020 | 6-K |
| 03/31/2020 | 06/02/2020 | 6-K |
| 12/31/2019 | 04/15/2020 | 20-F |
| 09/30/2019 | 11/22/2019 | 6-K |
Insider Activity
Updated 6/10/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schellenberg, David | Direct | Sell | 6082026 | 71.53 | 7,031 | 502,948 | 532,562 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Schellenberg, David | Direct | Sell | 6082026 | 71.53 | 7,031 | 502,948 | 532,562 | Form |
Investor Activity (13F)
Updated Aug 10, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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