Highlights
NYSE: TNK       Teekay Tankers Ltd
Last Price Today's Change   Day's Range   Trading Volume
18.43   0.00 (0.00%)  0.00 - 0.00  0

Overview

 
Avg Volume (4 weeks):407,013
4 Weeks Range:16.58 - 22.10
4 Weeks Price Volatility (%):
83.39%
52 Weeks Range:9.89 - 22.10
52 Weeks Price Volatility (%):
83.39%
Average Price Target: 3.50
Price Target Upside/Downside: -14.93

Headlines



No recent Headlines for this stock.


Business Background

Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. Its business is to own oil tankers and it employs a chartering strategy that seeks to capture upside opportunities in the tanker spot market while using fixed-rate time charters to reduce downside risks. The company's fleet consisted of around 60 conventional vessels including over 10 in-chartered vessels and one 50%-owned VLCC and around six ship-to-ship support vessels. The company has two segments, conventional tanker, and ship-to-ship transfer. Its conventional tanker segment consists of the operation of all of its tankers and generates the majority of the company's revenue.

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