Teekay Tankers logo

TNK - Teekay Tankers Share Price

$10.75 -0.3  -2.8%

Last Trade - 9:10pm

Sector
Energy
Size
Small Cap
Market Cap £272.4m
Enterprise Value £645.3m
Revenue £793.2m
Position in Universe 3674th / 6623
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -5.68%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -58.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
250 534.7 550.5 431.2 776.5 943.9 626.5 490.3 +30.4%
+123.8 -60.5 +342.3 -76.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 30 September 2020, TeekayTankers Ltd. revenues increased 21% to $758.6M. Net incometotaled $160.6M vs. loss of $21.7M. Revenues reflectConventional Tanker Srgment segment increase of 25% to$750.4M. Net Income reflects Conventional Tanker Srgmentsegment income increase from $32.3M to $180.7M,Ship-to-ship transfer segment income totaling $3.2M vs.loss of $61K.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for TNK
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Teekay 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 has two segments: conventional tanker and ship-to-ship transfer. Its conventional tanker segment consists of the operation of all of its tankers, including those employed on full service lightering contracts. Its ship-to-ship transfer segment consists of its lightering support services, including those provided to the Company's conventional tanker segment as part of full service lightering operations and other related services. Its operations are managed by Teekay Tankers Management Services Ltd., which provides the Company with commercial, technical, administrative and strategic services. Its fleet consists of approximately 60 conventional vessels (including over 10 in-chartered vessels and an approximately 50%-owned very large crude carrier (VLCC)) and approximately six ship-to-ship (STS) support vessels.

Directors
Last Annual December 31st, 2019
Last Interim September 30th, 2020
Incorporated October 17, 2007
Public Since December 13, 2007
No. of Shareholders: n/a
No. of Employees: n/a
Sector Energy
Industry Oil & Gas Related Equipment and Services
Index
Exchange New York Stock Exchange
Shares in Issue 33,700,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
TNK Share Price Performance
Share Price
Bid - Ask
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Day's Change
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Latest News for TNK
Upcoming Events for TNK
Thursday 25th February, 2021 Estimate
Q4 2020 Teekay Tankers Ltd Earnings Release
Wednesday 19th May, 2021 Estimate
Q1 2021 Teekay Tankers Ltd Earnings Release
Frequently Asked Questions for Teekay Tankers
What is the Teekay Tankers share price?

As of 9:10pm, shares in Teekay Tankers are trading at $10.75, giving the company a market capitalisation of £272.4m. This share price information is delayed by 15 minutes.

How has the Teekay Tankers share price performed this year?

Shares in Teekay Tankers are currently trading at $10.75 and the price has moved by -45% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Teekay Tankers price has moved by -52.96% over the past year.

What are the analyst and broker recommendations for Teekay Tankers?

Of the analysts with advisory recommendations for Teekay Tankers, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Teekay Tankers is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Teekay Tankers next release its financial results?

Teekay Tankers is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-09-30
What is the Teekay Tankers dividend yield?

Teekay Tankers does not currently pay a dividend.

Does Teekay Tankers pay a dividend?

Teekay Tankers does not currently pay a dividend.

When does Teekay Tankers next pay dividends?

Teekay Tankers does not currently pay a dividend.

How do I buy Teekay Tankers shares?

To buy shares in Teekay Tankers you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Teekay Tankers?

Shares in Teekay Tankers are currently trading at $10.75, giving the company a market capitalisation of £272.4m.

Where are Teekay Tankers shares listed? Where are Teekay Tankers shares listed?

Here are the trading details for Teekay Tankers:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: TNK
What kind of share is Teekay Tankers?

Based on an overall assessment of its quality, value and momentum, Teekay Tankers is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Teekay Tankers share price forecast 2021?

Shares in Teekay Tankers are currently priced at $10.75. At that level they are trading at 83.45% discount to the analyst consensus target price of 0.00.

Analysts covering Teekay Tankers currently have a consensus Earnings Per Share (EPS) forecast of 5.913 for the next financial year.

How can I tell whether the Teekay Tankers share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Teekay Tankers. Over the past six months, the relative strength of its shares against the market has been -35.87%. At the current price of $10.75, shares in Teekay Tankers are trading at -19.04% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Teekay Tankers PE Ratio?

The Teekay Tankers PE ratio based on its reported earnings over the past 12 months is 1.45. The shares are currently trading at $10.75.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Teekay Tankers?

Teekay Tankers's management team is headed by:

Richard du Moulin - IND
Arthur Bensler - SEC
Kevin Mackay - PRE
Kenneth Hvid - CHM
Stewart Andrade - CFO
Sai Chu - IND
David Schellenberg - IND
Who are the major shareholders of Teekay Tankers?

Here are the top five shareholders of Teekay Tankers based on the size of their shareholding:

Teekay Corp Corporation
Percentage owned: 17.3% (5.04m shares)
Russell Investments Trust Company Investment Advisor
Percentage owned: 7.74% (2.25m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 5.21% (1.52m shares)
Columbia Overseas Value Fund Mutual Fund
Percentage owned: 3.02% (880k shares)
Coatue Management, L.L.C. Hedge Fund
Percentage owned: 2.35% (685k shares)
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