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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 Closed
Market Cap: 1.4B USD
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Teekay Tankers Ltd
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Teekay Tankers Ltd
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
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Teekay Tankers Ltd
NYSE:TNK
Net Income
$422.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Pembina Pipeline Corp
TSX:PPL
Net Income
CA$2B
CAGR 3-Years
N/A
CAGR 5-Years
3%
CAGR 10-Years
18%
Enbridge Inc
TSX:ENB
Net Income
CA$6.6B
CAGR 3-Years
2%
CAGR 5-Years
1%
CAGR 10-Years
20%
TC Energy Corp
TSX:TRP
Net Income
CA$5.8B
CAGR 3-Years
40%
CAGR 5-Years
8%
CAGR 10-Years
12%
Gibson Energy Inc
TSX:GEI
Net Income
CA$211m
CAGR 3-Years
23%
CAGR 5-Years
3%
CAGR 10-Years
-1%
Keyera Corp
TSX:KEY
Net Income
CA$446.9m
CAGR 3-Years
41%
CAGR 5-Years
-5%
CAGR 10-Years
7%
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 Net Income?
Net Income
422.3m USD

Based on the financial report for Sep 30, 2024, Teekay Tankers Ltd's Net Income amounts to 422.3m USD.

What is Teekay Tankers Ltd's Net Income growth rate?
Net Income CAGR 1Y
-23%

Over the last year, the Net Income growth was -23%.

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