Teekay Tankers Company Profile (NYSE:TNK)

About Teekay Tankers

Teekay Tankers logoTeekay Tankers Ltd. is an international provider of marine transportation to the oil industries. The Company's business is to own crude oil and product tankers. The Company owns around 11 Aframax Tankers, three medium range product tankers, 10 Suezmax tankers and three long range 2 product tankers. The Company's chartered-in vessels include eight Aframax Tankers and four long range 2 product tankers. The Company also operates one 50% owned very large crude carrier (VLCC). The Company's operations are managed by Teekay Tankers Management Services Ltd., which provides the Company with commercial, technical, administrative and strategic services.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Exchange: NYSE
  • Symbol: TNK
  • CUSIP: Y8565N10
Key Metrics:
  • Previous Close: $2.87
  • 50 Day Moving Average: $2.96
  • 200 Day Moving Average: $3.53
  • Trailing P/E Ratio: 2.82
  • Foreward P/E Ratio: 3.26
  • P/E Growth: 1.43
  • Market Cap: $448.32M
  • Outstanding Shares: 156,208,000
  • Beta: 2.43
Additional Links:
Companies Related to Teekay Tankers:

Analyst Ratings

Consensus Ratings for Teekay Tankers (NYSE:TNK) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $7.27 (153.21% upside)

Analysts' Ratings History for Teekay Tankers (NYSE:TNK)
Show:
DateFirmActionRatingPrice TargetDetails
8/8/2016DanskeReiterated RatingHold -> SellView Rating Details
8/5/2016Morgan StanleySet Price TargetHold$3.60View Rating Details
5/21/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
5/20/2016DNB MarketsDowngradeBuy -> HoldView Rating Details
5/20/2016Bank of America Corp.DowngradeNeutral -> Underperform$3.00 -> $3.57View Rating Details
5/19/2016Clarkson CapitalReiterated RatingBuy$12.00View Rating Details
5/4/2016Seaport Global SecuritiesInitiated CoverageBuy$6.00View Rating Details
4/12/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
4/7/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$7.00 -> $5.00View Rating Details
1/11/2016Barclays PLCInitiated CoverageOverweight$10.00View Rating Details
12/8/2015Credit Suisse Group AGInitiated CoverageOutperform$10.00View Rating Details
12/8/2015Credit Agricole SAInitiated CoverageOutperform$10.00View Rating Details
5/18/2015Evercore ISIReiterated RatingBuy$9.00 -> $9.50View Rating Details
3/4/2015GMP SecuritiesInitiated CoverageHold$7.00View Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for Teekay Tankers (NYSE:TNK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/4/2016Q216$0.19$0.20$131.06 million$139.62 millionViewN/AView Earnings Details
5/19/2016Q116$0.37$0.29$150.94 million$165.00 millionViewListenView Earnings Details
2/18/2016Q415$0.41$0.31$152.53 million$159.30 millionViewListenView Earnings Details
11/5/2015Q315$0.35$0.30$118.77 million$122.78 millionViewN/AView Earnings Details
8/6/2015Q215$0.39$0.35$108.79 million$107.60 millionViewN/AView Earnings Details
5/14/2015Q1$0.33$0.34$96.12 million$103.90 millionViewListenView Earnings Details
2/19/2015Q4$0.17$0.21$70.54 million$75.90 millionViewN/AView Earnings Details
11/6/2014$0.05$0.03ViewN/AView Earnings Details
8/7/2014Q2($0.05)ViewN/AView Earnings Details
5/15/2014Q1 14$0.10$0.31ViewN/AView Earnings Details
2/20/2014($0.05)($0.03)ViewN/AView Earnings Details
11/7/2013Q313($0.08)($0.05)$39.62 million$39.48 millionViewN/AView Earnings Details
8/8/2013Q2 2013($0.02)($0.08)ViewN/AView Earnings Details
5/9/2013Q1 2013($0.02)($0.04)$43.05 million$44.95 millionViewN/AView Earnings Details
2/21/2013Q4 2012($0.04)($0.09)$46.74 million$45.49 millionViewN/AView Earnings Details
11/8/2012Q312($0.06)($0.09)$42.96 million$46.10 millionViewN/AView Earnings Details
8/9/2012($0.01)$0.01ViewN/AView Earnings Details
5/17/2012$0.05$0.04ViewN/AView Earnings Details
2/23/2012($0.01)($0.02)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Teekay Tankers (NYSE:TNK)
Current Year EPS Consensus Estimate: $0.92 EPS
Next Year EPS Consensus Estimate: $0.88 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.21$0.21$0.21
Q3 20161$0.10$0.10$0.10
Q4 20161$0.24$0.24$0.24
Q1 20171$0.23$0.23$0.23
Q2 20171$0.24$0.24$0.24
Q3 20171$0.24$0.24$0.24
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Tankers (NYSE:TNK)
Annual Dividend:$0.24
Dividend Yield:8.36%
Payout Ratio:23.30% (Based on Trailing 12 Months of Earnings)
26.09% (Based on Current Year Consensus EPS Estimate)
27.27% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-33.10% (3 Year Average)

Dividend History for Teekay Tankers (NYSE:TNK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.067.97%8/11/20168/15/20168/19/2016
5/19/2016quarterly$0.0910.65%5/25/20165/30/20166/3/2016
12/14/2015quarterly$0.121.56%1/29/20162/2/20162/12/2016
10/6/2015quarterly$0.031.57%10/14/201510/16/201510/30/2015
7/7/2015quarterly$0.031.8%7/15/20157/17/20157/31/2015
4/3/2015quarterly$0.032.02%4/15/20154/17/20154/30/2015
1/5/2015quarterly$0.032.35%1/15/20151/20/20151/30/2015
10/3/2014quarterly$0.033.34%10/15/201410/17/201410/31/2014
7/3/2014quarterly$0.032.98%7/16/20147/18/20147/31/2014
4/4/2014quarterly$0.033.31%4/15/20144/17/20144/30/2014
1/3/2014quarterly$0.033.08%1/15/20141/17/20141/31/2014
10/7/2013quarterly$0.034.58%10/11/201310/16/201310/25/2013
7/9/2013quarterly$0.034.1%7/17/20137/19/20137/31/2013
5/9/2013quarterly$0.034.84%5/16/20135/20/20135/28/2013
2/20/2013quarterly$0.034.82%2/28/20133/4/20133/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Teekay Tankers (NYSE:TNK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Teekay Tankers (NYSE:TNK)
DateHeadline
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK) Stock Price Likely To Reach ... - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - August 23 at 7:57 PM
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK) Stock Price Likely To Reach $5.192: Wall Street - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - August 23 at 7:57 PM
News IconDanske Bank Downgrades Teekay Tankers Ltd. to Sell - Hellenic Shipping News Worldwide (NYSE:TNK)
www.hellenicshippingnews.com - August 23 at 7:57 PM
marketrealist.com logoWeek 33: Aframax Rates Rise by 20%, Suezmax Rates Fall Again (NYSE:TNK)
marketrealist.com - August 23 at 12:22 PM
capitalcube.com logoETF’s with exposure to Teekay Tankers Ltd. : August 22, 2016 (NYSE:TNK)
www.capitalcube.com - August 22 at 7:44 PM
News IconA Closer Look at Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - August 17 at 8:08 PM
News IconSmall Cap Update on: Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - August 15 at 8:12 PM
capitalcube.com logoETF’s with exposure to Teekay Tankers Ltd. : August 11, 2016 (NYSE:TNK)
www.capitalcube.com - August 11 at 8:27 PM
capitalcube.com logoTeekay Tankers Ltd. :TNK-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:TNK)
www.capitalcube.com - August 10 at 8:24 PM
realistinvestor.com logoBrokerages Set a Mean Target Price Of $5.793 For Teekay Tankers Ltd. (NYSE:TNK) - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - August 10 at 11:00 AM
marketrealist.com logoWeek 31: Baltic Dirty Tanker Index Continues Its Slide (NYSE:TNK)
marketrealist.com - August 10 at 11:00 AM
streetupdates.com logoTwo Buzzers within Analysts Radar: Teekay Tankers Ltd. (NYSE:TNK) , Patterson Companies, Inc. (NASDAQ:PDCO) - Street Updates (NYSE:TNK)
www.streetupdates.com - August 8 at 9:26 AM
seekingalpha.com logoTeekay Tankers declares $0.06 dividend - Seeking Alpha (NYSE:TNK)
seekingalpha.com - August 6 at 7:49 PM
finance.yahoo.com logoEdited Transcript of TNK earnings conference call or presentation 4-Aug-16 5:00pm GMT (NYSE:TNK)
finance.yahoo.com - August 5 at 10:54 AM
marketwired.com logoTeekay Tankers Ltd. Reports Second Quarter 2016 Results (NYSE:TNK)
www.marketwired.com - August 4 at 11:02 AM
finance.yahoo.com logoTeekay Tankers Declares Dividend (NYSE:TNK)
finance.yahoo.com - August 4 at 11:02 AM
streetinsider.com logoTeekay Tankers Ltd (TNK) Declares $0.06 Quarterly Dividend; 8.2% Yield (NYSE:TNK)
www.streetinsider.com - August 4 at 11:02 AM
sg.finance.yahoo.com logoTeekay Tankers meets 2Q profit forecasts (NYSE:TNK)
sg.finance.yahoo.com - August 4 at 11:02 AM
biz.yahoo.com logoQ2 2016 Teekay Tankers Ltd Earnings Release - Before Market Open (NYSE:TNK)
biz.yahoo.com - August 4 at 11:02 AM
marketrealist.com logoWeek 30: UBS Downgrades 3 Crude Tanker Stocks (NYSE:TNK)
marketrealist.com - August 4 at 11:02 AM
News IconTeekay Tankers Ltd. (NYSE:TNK) To Report June 2016 Results - The Voice Registrar (NYSE:TNK)
voiceregistrar.com - July 29 at 8:07 PM
News IconTeekay Tankers Ltd. (NYSE:TNK): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:TNK)
www.engelwooddaily.com - July 23 at 11:39 AM
capitalcube.com logoThink Childcare Ltd. :TNK-AU: Earnings Analysis: 2015 By the Numbers : July 22, 2016 (NYSE:TNK)
www.capitalcube.com - July 22 at 1:54 AM
News IconEquity Roundup: Stock Performance Focus on Teekay Tankers Ltd. (NYSE:TNK) - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 21 at 8:11 PM
News IconWhat's Next for Teekay Tankers Ltd. After Today's Huge Increase? - Consumer Eagle (NYSE:TNK)
www.consumereagle.com - July 21 at 8:11 PM
News IconHuber Capital Management LLC Increased Teekay Tankers LTD (NYSE:TNK) by $22.33 Million as Shares Declined - Consumer Eagle (NYSE:TNK)
www.consumereagle.com - July 20 at 8:53 PM
News IconSell-side Value Play with Decent Upside: Teekay Tankers Ltd. (NYSE:TNK) - TGP (NYSE:TNK)
telanaganapress.com - July 20 at 8:53 PM
News IconTrader's Round Up: Starbucks Corporation (NASDAQ:SBUX), Teekay Tankers Ltd.(NYSE:TNK) - NYSE Journal (press release) (NYSE:TNK)
stockznews.com - July 19 at 8:50 AM
tradecalls.org logoTeekay Tankers Ltd. (TNK): Price Target and June Short Interest Disclosure - Trade Calls (NYSE:TNK)
www.tradecalls.org - July 15 at 6:49 PM
News IconAnalyst Target and Average Rating Watch: Teekay Tankers Ltd. (NYSE:TNK) - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 14 at 8:05 PM
News IconTrading Performance and Target Watch for Teekay Tankers Ltd. (NYSE:TNK) - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 14 at 8:05 PM
tradecalls.org logoShort Term Rating on Teekay Tankers Ltd. (TNK) - Trade Calls (NYSE:TNK)
www.tradecalls.org - July 14 at 8:05 PM
seekingalpha.com logoTeekay Tanker's Fundamental And Technical Indicators All Point In The Same Direction (NYSE:TNK)
seekingalpha.com - July 12 at 12:10 PM
News IconGrowth Stock Update on Teekay Tankers Ltd. (NYSE:TNK) - Telanagana Press (NYSE:TNK)
telanaganapress.com - July 11 at 7:44 PM
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK)'s Growth Projection - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - July 11 at 7:44 PM
News IconCompany Shares of Teekay Tankers Ltd. (NYSE:TNK) Drops by -4.89% - TheFounders Daily (NYSE:TNK)
www.thefoundersdaily.com - July 11 at 7:44 PM
equities.com logoTeekay Tankers Ltd. (TNK) Hits New 52-week Low During July 07 Session - Equities.com (NYSE:TNK)
www.equities.com - July 9 at 7:05 PM
News IconCompany Stock Focus for Teekay Tankers Ltd. (NYSE:TNK): Which Way Will Shares Head? - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 7 at 7:56 PM
247wallst.com logoOil Refiner Valero Tops Thursday’s 52-Week Low Club (NYSE:TNK)
247wallst.com - July 7 at 4:04 PM
News IconTEEKAY TANKERS LTD. (NYSE:TNK) Q1 2016 Institutional Investor Sentiment Steady - Engelwood Daily (NYSE:TNK)
www.engelwooddaily.com - July 7 at 10:35 AM
News IconPerformance Recap and Target Perspective on Teekay Tankers Ltd. (NYSE:TNK) - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 7 at 10:35 AM
tradecalls.org logoTeekay Tankers Ltd. (TNK) : Analyst Rating Update - Trade Calls (NYSE:TNK)
www.tradecalls.org - July 7 at 10:35 AM
fidaily.com logoTeekay Tankers Ltd. (TNK) Hits a New 52-Week Low - Finance Daily (NYSE:TNK)
www.fidaily.com - July 6 at 8:17 PM
News IconStock Rating Watch and Earnings Insight for Teekay Tankers Ltd. (NYSE:TNK) - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 5 at 7:27 PM
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK) Receives Update on Growth Forecast - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - July 4 at 6:50 PM
News IconTeekay Tankers Limited (NYSE:TNK) Short Interest Increased By 1.48% - Press Telegraph (NYSE:TNK)
presstelegraph.com - July 4 at 9:25 AM
News IconTeekay Tankers Ltd. (NYSE:TNK) Company Rating and Target Watch - Telanagana Press (NYSE:TNK)
telanaganapress.com - June 30 at 8:01 PM
News IconHuber Capital Management LLC Increased Teekay Tankers LTD (NYSE:TNK) by $22.33 Million as Shares Declined - Engelwood Daily (NYSE:TNK)
www.engelwooddaily.com - June 30 at 8:01 PM
News IconPerformance to see: Teekay Tankers Ltd. (NYSE:TNK) - News Oracle (NYSE:TNK)
www.newsoracle.com - June 30 at 8:01 PM
News IconTeekay Tankers Ltd. Has Another Very Weak Trading Session - Press Telegraph (NYSE:TNK)
presstelegraph.com - June 30 at 8:01 PM

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Teekay Tankers (NYSE:TNK) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff