Company Data

Teekay Tankers Ltd.

Ticker
TNK
Current Price
$55.75 1.16%
Market Cap
$1.9B
Price Target
Refer to Report
Volume
647.2K
52wk Range
$35 - $64.42
Advanced Market Data

Overview

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. Its business is to own oil tankers and it employs a chartering strategy that seeks to capture upside opportunities in the tanker spot market while using fixed-rate time charters to reduce downside risks. The company has two segments, conventional tanker, and ship-to-ship transfer. Its conventional tanker segment consists of the operation of all of its tankers and generates the majority of the company’s revenue.

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