Teekay Tankers (TNK) doubles Q1 profit, lifts liquidity and declares $1.00 special dividend
Teekay Tankers (TNK) reported a strong Q1 2026, with net income more than doubling to $153.6 million, driven by higher spot charter rates and recent fleet acquisitions. The company also announced increased liquidity, ending the quarter with $722 million in cash and cash equivalents, and declared a $0.25 quarterly dividend along with a special dividend of $1.00 per share. Teekay Tankers continues its fleet renewal strategy and notes that geopolitical conflicts have significantly impacted tanker market rates.
If You Invested $1,000 in Teekay Tankers (TNK)
This article examines the historical performance of investing $1,000 in Teekay Tankers (TNK) over various periods, detailing total returns and Compound Annual Growth Rates (CAGR). It shows that a $1,000 investment 10 years ago would now be worth $2,454, representing a 145.4% total return. The article also provides a comprehensive overview of Teekay Tankers, including its business model, fleet, revenue sources, corporate structure, and market exposure.
Teekay Tankers (TNK) Q1 EPS Surge Reinforces Bullish Profitability Narrative
Teekay Tankers (TNK) reported strong Q1 2026 results with a significant EPS surge to US$4.42, and net income nearly doubling year-on-year to US$153.6 million. Despite high profitability and a low P/E ratio of 6.2x, analysts anticipate future declines in earnings and revenue due to slowing oil demand and fleet renewal challenges. This creates a tension between current strong performance and cautious long-term forecasts for the company.
Number of shareholders of Teekay Tankers Ltd Class A – FWB:S52
This article provides information about the number of shareholders of Teekay Tankers Ltd Class A, traded on the Frankfurt Stock Exchange under the symbol S52. It indicates that the specific value and change over a period are available on the platform. The content is hosted on TradingView, which also provides various financial tools and market data.
Teekay Tankers Ltd. Reports First Quarter 2026 Results; and Declares Dividends
Teekay Tankers Ltd. announced its first-quarter 2026 results and declared both a fixed quarterly cash dividend of $0.25 per share and a special cash dividend of $1.00 per share. These dividends are payable on June 2, 2026, to shareholders of record as of May 26, 2026. The full earnings release and presentation are available on the company's website.
Teekay Tankers to pay $1.00 special dividend to shareholders June 2
Teekay Tankers (NYSE: TNK) announced its Q1 2026 results and declared both a fixed quarterly cash dividend of $0.25 per share and a special cash dividend of $1.00 per share. These dividends are payable on June 2, 2026, to shareholders of record as of May 26, 2026, totaling $1.25 per share in distributions. Historically, the company's stock has shown negative reactions to dividend announcements, despite the shareholder-friendly nature of the payouts.
Teekay Tankers Ltd. Reports First Quarter 2026 Results; and Declares Dividends
Teekay Tankers Ltd. announced its first quarter 2026 results and declared a fixed quarterly cash dividend of $0.25 per share for the quarter ended March 31, 2025, along with a special cash dividend of $1.00 per share. These dividends are payable on June 2, 2026, to shareholders of record as of May 26, 2026. The company operates a fleet of 33 double-hull tankers and provides marine services, trading on the NYSE under the symbol “TNK.”
Teekay Tankers (NYSE: TNK) outlines 2026 AGM votes and KPMG audit role
Teekay Tankers Ltd. has released its proxy materials for the 2026 Annual General Meeting (AGM), scheduled for June 16, 2026, in Vancouver, Canada. Shareholders will vote on the election of seven directors for one-year terms and the ratification of KPMG LLP as the independent auditors for the fiscal year ending December 31, 2026. The company also disclosed that executive officers earned an aggregate of $4.3 million in non-equity compensation in 2025, and KPMG LLP was paid $1.336 million for audit and audit-related fees in 2025.
FMR LLC reports 1.66M shares in Teekay Tankers Ltd (TNK)
FMR LLC has filed a Schedule 13G disclosing a beneficial ownership of 1,657,297.69 shares, representing a 5.5% stake in Teekay Tankers Ltd (TNK) Class A common stock as of March 31, 2026. This passive investment grants FMR LLC sole voting power over 1,654,613 shares and sole dispositive power over all reported shares. The filing indicates that other persons may have rights to dividends or sale proceeds, but no single other person holds more than 5%.
Teekay Group to Announce First Quarter 2026 Earnings Results on May 13, 2026
Teekay Corporation (NYSE: TK) and Teekay Tankers Ltd. (NYSE: TNK) will release their first quarter 2026 financial results after market close on Wednesday, May 13, 2026. The Teekay Group will host a conference call on Thursday, May 14, 2026, at 11:00 a.m. ET to discuss these results. Interested parties can join the call via a toll-free number or a webcast on the Teekay Group's website.
Teekay Group to Announce First Quarter 2026 Earnings Results on May 13, 2026
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) will release their first quarter 2026 financial results after market close on Wednesday, May 13, 2026. A conference call to discuss results will be held on Thursday, May 14, 2026, at 11:00 a.m. ET, accessible by phone or webcast on www.teekay.com. The accompanying earnings presentation will also be available on their website prior to the call.
Analyst Forecasts For Teekay Tankers Ltd. (NYSE:TNK) Are Surging Higher
Analysts have significantly upgraded their statutory estimates for Teekay Tankers Ltd. (NYSE:TNK), increasing both revenue and earnings per share forecasts for 2026. Despite the stronger outlook, the consensus price target remains unchanged, suggesting that the improved performance is not expected to have a long-term impact on the company's valuation. While analysts expect Teekay Tankers' revenues to decline, the substantial upgrade in earnings per share warrants a closer look at the stock.
BlackRock (NYSE: TNK) holds 1.5M Teekay Tankers shares (4.99%)
BlackRock, Inc. has filed a Schedule 13G/A amendment, reporting beneficial ownership of 1,500,724 shares of Teekay Tankers Ltd. Class A Stock as of March 31, 2026. This represents a 4.99% stake, classifying it as a passive investment, with BlackRock's Reporting Business Units holding sole voting power over 1,475,080 shares. The filing indicates BlackRock's position is below the 5% regulatory threshold for active influence.
Teekay Tankers (TNK) CEO Kenneth Hvid details deferred and restricted stock unit holdings
Kenneth Hvid, President and CEO of Teekay Tankers Ltd., has reported his initial equity-based holdings in the company through a Form 3 filing. His holdings include deferred restricted stock units for 58,082.2769 Class A common shares, which are vested, and two separate restricted stock unit awards totaling 51,322.4418 Class A shares that will vest annually between June 2, 2026, and June 2, 2028. This filing provides transparency into his equity compensation structure as an insider.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) have announced the availability of their Annual Reports on Form 20-F for the fiscal year ended December 31, 2025. These reports have been filed with the U.S. SEC and can be accessed on www.teekay.com, with hard copies available upon request to shareholders. The announcement also details Teekay's role as a leading provider of international crude oil marine transportation services through its ownership in Teekay Tankers.
Teekay Tankers (NYSE: TNK) director reports ownership of 6,134 shares
Teekay Tankers (NYSE: TNK) director Alan Semple has filed an initial Form 3, reporting beneficial ownership of 6,134 Class A Common Shares. This filing establishes his existing ownership as he becomes a reporting insider, and it does not indicate a new purchase or sale of shares. The Form 3 details his direct holdings and confirms his status as a director, but not a 10% owner.
[Form 3] TEEKAY TANKERS LTD. Initial Statement of Beneficial Ownership
Teekay Tankers Ltd. director Rudolph Krediet has filed an initial statement of beneficial ownership (Form 3) with the SEC, disclosing direct ownership of 2,858 Class A Common Shares. This filing establishes his baseline holdings and does not indicate any recent transactions. The form identifies Mr. Krediet as a director of Teekay Tankers Ltd. (TNK).
Teekay Tankers (TNK) director reports 4,356 deferred RSUs on Form 3
Teekay Tankers Ltd. director Peter Antturi has filed an initial ownership report (Form 3) disclosing 4,356.107 deferred restricted stock units (RSUs). These RSUs represent a vested right to receive one Class A common share each, with the release timing chosen by Antturi, but no later than 10 years from the grant date. The filing indicates an existing equity-based interest rather than a new transaction.
Teekay Tankers (NYSE: TNK) CFO discloses multi-year RSU awards
Teekay Tankers Ltd.'s Chief Financial Officer, Speers Brody, has filed an initial ownership report (Form 3) detailing his holdings of restricted stock units (RSUs). The filing indicates RSU awards covering a total of 32,047.4 shares with various vesting schedules extending up to March 2030. Each RSU represents a contingent right to receive one Class A Common Share.
Teekay Tankers (NYSE: TNK) CCO discloses Form 3 share and RSU holdings
Teekay Tankers' Chief Commercial Officer, Mikkel Seidelin, has filed an initial Form 3, disclosing his holdings in the company. The filing reports direct ownership of 5,615.4861 Class A Common Shares and several restricted stock unit (RSU) awards totaling approximately 36,036 underlying shares. These RSUs have various vesting schedules, with dates ranging from June 2, 2026, to a cliff vest on March 10, 2030, and do not require an exercise price.
Teekay Tankers (TNK) director discloses initial holding of 2,858 shares
Teekay Tankers Ltd. director Locke Simon Heidi has filed an initial statement of beneficial ownership (Form 3), disclosing a direct holding of 2,858 Class A common shares. This filing establishes her initial equity position in the company and does not report any purchase or sale transactions. The report confirms her status as a reporting insider for TNK.
Teekay Tankers (TNK) director discloses ownership of 7,858 common shares
Teekay Tankers Ltd. director Poul Ulrich Karlshoej has filed an initial ownership report (Form 3) disclosing beneficial ownership of 7,858 Class A common shares. This filing serves as an initial statement of his existing stake and does not indicate a new transaction or a buy/sell action. The report details his direct ownership of these shares and confirms no derivative securities are associated with this filing.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
Teekay Corporation Ltd. (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively known as Teekay Group, have released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2025. These reports, which include complete audited financial statements, have been filed with the U.S. Securities and Exchange Commission and are accessible online. Shareholders can also request hard copies free of charge by contacting Investor Relations.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
Teekay Corporation Ltd. (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) have announced the availability of their Annual Reports on Form 20-F for the fiscal year ended December 31, 2025. These reports have been filed with the U.S. Securities and Exchange Commission and can be accessed online, with hard copies also available upon request. The article provides details about both companies, highlighting Teekay's role in crude oil marine transportation and Teekay Tankers' significant fleet and marine services.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
Teekay Corporation and Teekay Tankers Ltd. (collectively, the Teekay Group) have released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2025. These reports have been filed with the U.S. Securities and Exchange Commission and are available online or as hard copies upon request. Shareholders can contact Investor Relations to receive a free hard copy of the reports, which include the complete 2025 audited financial statements.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively the Teekay Group, have released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2025. These reports are accessible on their website, and shareholders can request hard copies free of charge. Teekay is a leading provider of international crude oil marine transportation and other marine services, primarily through its controlling interest in Teekay Tankers.
Teekay Group Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2025
Teekay Corporation (NYSE: TK) and Teekay Tankers Ltd. (NYSE: TNK) have released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2025. These reports are accessible on their website and through the U.S. Securities and Exchange Commission. Shareholders can also request hard copies of the reports, which include the complete audited financial statements, free of charge.
Teekay Tankers Renews Fleet As Spot Rates And Valuation Draw Focus
Teekay Tankers (NYSE:TNK) is undergoing a significant fleet renewal, acquiring newer vessels and divesting older ones, amidst a strong spot rate market for tankers. This strategy aims to optimize the fleet for changing global trade routes and sanctions, impacting costs, operational flexibility, and charter opportunities. Despite an attractive valuation and recent stock momentum, analysts anticipate an 8.4% annual earnings decline over the next three years, warranting careful consideration of future freight conditions.
Teekay Tankers Ltd. (NYSE:TNK) Given Average Recommendation of "Buy" by Brokerages
Teekay Tankers Ltd. (NYSE:TNK) has received an average "Buy" rating from seven brokerages, with a consensus 12-month price target of $77.00. The company recently reported quarterly EPS of $2.80, beating estimates, though revenue of $158.8M missed expectations. TNK is trading near its 52-week high, has a market cap of $2.55 billion, and announced a quarterly dividend of $0.25 (1.4% yield).
1,050 Class A shares sale reported by Teekay Tankers (NYSE: TNK)
Teekay Tankers Ltd. (NYSE: TNK) has filed a Form 144 notice for the proposed sale of 1,050 Class A common shares. These shares are identified as Restricted Units originally issued on June 29, 2022, as Director Compensation. The filing notes Morgan Stanley Wealth Management Canada Inc. as the broker and an entry date of February 23, 2026, for the sale on the NYSE.
Did Teekay Tankers’ (TNK) Steady Dividend and Profitability Just Reframe Its Capital Discipline Story?
Teekay Tankers Ltd. (TNK) has reported its Q4 and full-year 2025 results, declaring a regular quarterly cash dividend of US$0.25 per share. This dividend reinforces the company's focus on shareholder returns and capital discipline, despite forecasts for declining revenue and earnings. While the steady dividend supports the near-term income story, it also highlights the challenge of maintaining payouts if tanker market conditions worsen or regulatory costs increase.
Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2025 Results and Declares Dividend
Teekay Tankers Ltd. (NYSE: TNK) announced its financial results for the fourth quarter and full year ended December 31, 2025. The company also declared a regular quarterly cash dividend of $0.25 per share, payable on March 13, 2026. Further details are available on the company's website.
Teekay Tankers Ltd. Reports Q4 and Full Year 2025 Results, Declares Quarterly Cash Dividend of $0.25 per Share
Teekay Tankers Ltd. announced its Q4 and full-year 2025 financial results, including a regular quarterly cash dividend of $0.25 per share payable on March 13, 2026. The company operates a fleet of 35 double-hull tankers and provides marine services, managing vessels for the Australian Government and energy companies, and running a ship-to-ship transfer business. While the dividend shows a commitment to shareholder value, the press release notably lacks specific financial performance details like revenue or profit figures.
Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2025 Results and Declares Dividend
Teekay Tankers Ltd. (NYSE: TNK) announced its financial results for the fourth quarter and full year ended December 31, 2025. The company also declared a regular quarterly cash dividend of $0.25 per share, payable on March 13, 2026, to shareholders of record as of March 2, 2026. Teekay Tankers maintains a fleet of 35 double-hull tankers and three time chartered-in vessels, operating in a mix of spot market trading and fixed-rate contracts.
Insights into Teekay Tankers's Upcoming Earnings
Teekay Tankers (NYSE: TNK) is set to release its quarterly earnings report on Wednesday, February 18, 2026. Analysts project an EPS of $2.72. The company has a history of beating EPS estimates, although this has sometimes been followed by a slight drop in share price the following day.
Shariaportfolio Inc. Buys New Shares in Teekay Tankers Ltd. $TNK
Shariaportfolio Inc. has acquired a new position of 68,048 shares in Teekay Tankers Ltd. (NYSE:TNK), valued at approximately $3.44 million, making it their 12th largest holding. Other institutional investors like Sagil Capital, Ameriprise, Oxbow, American Century, and AQR have also increased their stakes, bringing institutional ownership to 52.67%. Analysts currently rate Teekay Tankers as a "Buy" with an average target price of $65.00, while the stock trades near its 12-month high.
Teekay Tankers Ltd. $TNK Shares Sold by Principal Financial Group Inc.
Principal Financial Group Inc. reduced its stake in Teekay Tankers Ltd. (NYSE:TNK) by 5.1% in the third quarter, selling 37,838 shares but still retaining 708,666 shares valued at $35.8 million. Despite this sale, over 52% of TNK stock is owned by institutional investors, and several other firms increased their positions in the company. Teekay Tankers is currently trading near its 12-month high with a market cap of $2.22 billion, and analysts have issued multiple Buy/Strong Buy ratings with an average target price of $65.00.
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
Teekay Corporation Ltd. (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) will release their fourth quarter and annual 2025 financial results on February 18, 2026, after market close. The Teekay Group will host a conference call on February 19, 2026, at 11:00 a.m. (ET) to discuss these results. Interested parties can access the call via a dial-in number or webcast on the Teekay Group’s website.
Teekay Corporation and Teekay Tankers to Release Q4 and Annual 2025 Financial Results on February 18, 2026
Teekay Corporation and Teekay Tankers announced they will release their Q4 and annual 2025 financial results after market close on February 18, 2026. A conference call is scheduled for February 19, 2026, at 11:00 a.m. (ET) to discuss these results, with materials available on their website beforehand. The article also provides a summary of institutional investor activity for Teekay (TK) stock.
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) will release their fourth quarter and annual 2025 financial results on February 18, 2026, after market close. The Teekay Group will host a conference call on February 19, 2026, at 11:00 a.m. (ET) to discuss these results. Interested parties can join via phone or webcast, with an earnings presentation available on www.teekay.com beforehand.
Y Intercept Hong Kong Ltd Sells 16,330 Shares of Teekay Tankers Ltd. $TNK
Y Intercept Hong Kong Ltd significantly reduced its stake in Teekay Tankers Ltd. (NYSE:TNK) by 66.1% in the third quarter, selling 16,330 shares and valuing its remaining holdings at $423,000. Despite this sell-off, other institutional investors increased their positions, and analyst ratings show a consensus "Buy" with an average price target of $65.00 for the shipping company. Teekay Tankers, which operates a fleet of crude oil and petroleum product tankers, has a market capitalization of $2.22 billion and has seen its stock perform well over the past year.
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively known as the Teekay Group, will release their fourth quarter and annual 2025 financial results after market close on February 18, 2026. A conference call is scheduled for February 19, 2026, at 11:00 a.m. ET to discuss these results. Interested parties can access the call via phone or webcast on the Teekay Group’s website.
Teekay Corporation and Teekay Tankers to Release Q4 and Annual 2025 Financial Results on February 18, 2026
Teekay Corporation (TK) and Teekay Tankers (TNK) are set to release their Q4 and annual 2025 financial results after market close on February 18, 2026. A conference call to discuss these results will follow on February 19, 2026, at 11:00 a.m. ET. The companies are major providers of marine transportation for crude oil, with Teekay Tankers operating a significant fleet and offering services including those for the Australian Government.
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) (collectively, the Teekay Group) will release their financial results for the fourth quarter and full year 2025 after market close on Wednesday, February 18, 2026. The Teekay Group will host a conference call on Thursday, February 19, 2026, at 11:00 a.m. (ET) to discuss these results. Interested parties can join via phone or webcast, with the earnings presentation available on www.teekay.com beforehand.
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively the Teekay Group, are set to release their fourth quarter and annual 2025 financial results after market close on February 18, 2026. A conference call to discuss these results will be hosted on February 19, 2026, at 11:00 a.m. ET, with details provided for both dialing in and accessing the webcast. The announcement also provides background information on both Teekay and Teekay Tankers, outlining their services and fleet details.
Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively known as Teekay Group, are set to release their fourth quarter and annual 2025 financial results on Wednesday, February 18, 2026, after market close. A conference call will follow on Thursday, February 19, 2026, at 11:00 a.m. ET to discuss these results, with details provided for participation via phone or webcast. The group provides international crude oil marine transportation and services, operating a significant fleet of tankers.
What Teekay Tankers (TNK)'s Analyst Upgrades and Earnings Momentum Signal Means For Shareholders
Teekay Tankers (TNK) has experienced analyst upgrades and strong earnings momentum, leading to increased confidence in its operational performance. Despite this optimism and recent stock price gains, the company operates in a cyclical business with expected profit contraction and a significant one-off gain in recent results. Investors should consider various perspectives and risks, including potential market softening and the need for the new management team to prove itself, while using fundamental analysis to evaluate its investment potential.
Teekay Tankers Ltd. (NYSE:TNK) Given Consensus Recommendation of "Buy" by Brokerages
Teekay Tankers Ltd. (NYSE:TNK) has received a consensus "Buy" recommendation from five brokerages, with an average one-year price target of $65.00. Several firms, including Evercore ISI, Jefferies Financial Group, and Clarkson Capital, recently raised their price targets or ratings, while Zacks Research downgraded the stock to a "hold." The company recently reported strong earnings, beating analyst estimates for both EPS and revenue, and institutional investors have been actively adjusting their positions.
Is Rising Analyst Confidence And Upgraded Earnings Guidance Altering The Investment Case For Teekay Tankers (TNK)?
Analyst confidence in Teekay Tankers (TNK) has risen, with multiple brokerage firms assigning an "Outperform" rating due to an upgraded earnings outlook. While this reinforces a positive near-term profit narrative, the core investment case still depends on volatile tanker rates, fleet utilization, and capital allocation decisions. Investors are advised to consider the potential for quick sentiment reversal if earnings disappoint, despite the stock potentially being undervalued.
Teekay Tankers (NYSE:TNK) Stock Crosses Above 200 Day Moving Average - Time to Sell?
Teekay Tankers (NYSE:TNK) stock recently crossed above its 200-day moving average, trading at $60.16. The company has a "Buy" consensus rating from analysts with an average target price of $65, and it outperformed quarterly EPS estimates. Teekay Tankers offers a 1.7% dividend yield and is largely owned by institutional investors.
