T

Teekay Tankers Ltd
NYSE:TNK

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Teekay Tankers Ltd
NYSE:TNK
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Price: 39.75 USD 1.69%
Market Cap: 1.4B USD
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Teekay Tankers Ltd
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Teekay Tankers Ltd
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
T
Teekay Tankers Ltd
NYSE:TNK
Cash Equivalents
$462.9m
CAGR 3-Years
97%
CAGR 5-Years
43%
CAGR 10-Years
26%
Pembina Pipeline Corp
TSX:PPL
Cash Equivalents
CA$104m
CAGR 3-Years
-2%
CAGR 5-Years
-30%
CAGR 10-Years
-11%
Enbridge Inc
TSX:ENB
Cash Equivalents
CA$1.9B
CAGR 3-Years
61%
CAGR 5-Years
18%
CAGR 10-Years
6%
TC Energy Corp
TSX:TRP
Cash Equivalents
CA$3.8B
CAGR 3-Years
10%
CAGR 5-Years
11%
CAGR 10-Years
18%
Gibson Energy Inc
TSX:GEI
Cash Equivalents
CA$55.6m
CAGR 3-Years
-6%
CAGR 5-Years
-31%
CAGR 10-Years
-8%
Keyera Corp
TSX:KEY
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Teekay Tankers Ltd
Glance View

Market Cap
1.4B USD
Industry
Energy

Teekay Tankers Ltd. operates as a unique player in the global maritime industry, focusing on the transportation of crude oil with a modern and versatile fleet of oil tankers. Established as a subsidiary of the larger Teekay Corporation, the company has carved out its niche by providing seaborne transportation services through its astutely managed fleet. It primarily operates Suezmax, Aframax, and Long Range 2 (LR2) tankers. These specialized vessels are engineered to carry large quantities of oil, adeptly navigating the world's oceans and delivering crucial energy resources to refineries and markets worldwide. This fleet composition allows Teekay Tankers to adjust quickly to fluctuations in demand and shipping routes, ensuring their operations remain robust across various economic cycles. Teekay Tankers generates its revenue primarily through time-charter and spot market contracts. In the time-charter model, Teekay leases its vessels to customers for predetermined periods, providing a steady and predictable revenue stream. Meanwhile, in the spot market, the company capitalizes on short-term opportunities by transporting oil on a voyage-by-voyage basis, potentially reaping higher rates when market conditions are favorable. This hybrid approach offers a balance of stability and flexibility, allowing Teekay Tankers to optimize its earnings in both stable and volatile market scenarios. By focusing on operational efficiency and strategic market positioning, Teekay Tankers not only ensures steady financial health but also fortifies its reputation as a reliable partner in the global oil supply chain.

TNK Intrinsic Value
110.47 USD
Undervaluation 64%
Intrinsic Value
Price
T

See Also

What is Teekay Tankers Ltd's Cash Equivalents?
Cash Equivalents
462.9m USD

Based on the financial report for Sep 30, 2024, Teekay Tankers Ltd's Cash Equivalents amounts to 462.9m USD.

What is Teekay Tankers Ltd's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
26%

Over the last year, the Cash Equivalents growth was 104%. The average annual Cash Equivalents growth rates for Teekay Tankers Ltd have been 97% over the past three years , 43% over the past five years , and 26% over the past ten years .

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