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TNK — Teekay Tankers News Story

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Teekay Tankers 2025 adjusted EPS beats estimates

Overview

Tanker operator's adjusted EPS for 2025 beat analyst expectations

Fiscal 2025 net income reached $351.2 mln, driven by strong spot tanker rates

Company completed fleet renewal with acquisitions and sales of tankers

Outlook

Teekay Tankers anticipates strong spot tanker rates in Q1 2026

Company expects geopolitical factors to drive tanker demand

Teekay Tankers sees strong near-term tanker market outlook

Result Drivers

SPOT TANKER RATES - Strong spot tanker rates for Suezmax and Aframax contributed to increased revenue

FLEET RENEWAL - Fleet renewal through acquisitions and sales improved operational leverage and reduced fleet age

GEOPOLITICAL FACTORS - Geopolitical events and sanctions supported demand for compliant tankers

Key Details

MetricBeat/MissActualConsensus Estimate
FY Adjusted EPSBeat$6.96$6.82 (5 Analysts)
FY EPS$10.15
FY Adjusted Net Income$240.80 mln
FY Net Income$351.20 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the oil & gas transportation services peer group is "buy" Wall Street's median 12-month price target for Teekay Tankers Ltd is $67.50, about 5.7% below its February 17 closing price of $71.61 The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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