Market Capitalization (Millions $) |
1,266 |
Shares
Outstanding (Millions) |
34 |
Employees |
1,239 |
Revenues (TTM) (Millions $) |
1,063 |
Net Income (TTM) (Millions $) |
229 |
Cash Flow (TTM) (Millions $) |
131 |
Capital Exp. (TTM) (Millions $) |
15 |
Teekay Tankers Ltd
Our business is to own crude oil and product tankers and we employ a chartering
strategy that seeks to capture upside opportunities in the spot market while using
fixed-rate time charters to reduce downside risks. Teekay Corporation, which formed
us in 2007, is a leading provider of marine services to the global oil and natural
gas industries and the world’s largest operator of medium-sized oil tankers.
We believe we benefit from Teekay Corporation’s expertise, relationships
and reputation as we operate our fleet and pursue growth opportunities. We have
acquired the majority of our current operating fleet from Teekay Corporation at
various times since our inception and we anticipate additional opportunities to
expand our fleet through acquisitions of tankers from third parties, and additional
tankers that Teekay Corporation may offer to us from time to time. These tankers
may include crude oil and product tankers.
Company Address: 4th Floor Hamilton 0
Company Phone Number: 298-2530 Stock Exchange / Ticker: NYSE TNK
TNK is expected to report next financial results on March 30, 2024. |
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