TNK 📈 Teekay Tankers - Overview

Exchange: NYSE • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: MHY8565N3002

TNK: Crude Oil, Refined Oil Products, Ship-to-Ship Transfer Services

Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It also engages management of vessels, procurement, and equipment rental businesses. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Bermuda. Web URL: https://www.teekay.com/business/tankers

Additional Sources for TNK Stock

TNK Stock Overview

Market Cap in USD 1,277m
Sector Energy
Industry Oil & Gas Midstream
GiC Sub-Industry Oil & Gas Storage & Transportation
IPO / Inception 2007-12-13

TNK Stock Ratings

Growth 5y 42.6%
Fundamental 70.1%
Dividend 49.5%
Rel. Strength Industry -12934
Analysts 4.43/5
Fair Price Momentum 33.75 USD
Fair Price DCF 376.71 USD

TNK Dividends

Dividend Yield 12m 7.33%
Yield on Cost 5y 12.62%
Annual Growth 5y %
Payout Consistency 48.1%

TNK Growth Ratios

Growth Correlation 3m -97.8%
Growth Correlation 12m -21.9%
Growth Correlation 5y 82.3%
CAGR 5y 11.45%
CAGR/Mean DD 5y 0.41
Sharpe Ratio 12m -0.93
Alpha -43.73
Beta 0.52
Volatility 31.68%
Current Volume 564.7k
Average Volume 20d 387k
What is the price of TNK stocks?
As of December 21, 2024, the stock is trading at USD 37.51 with a total of 564,670 shares traded.
Over the past week, the price has changed by -2.39%, over one month by -13.75%, over three months by -34.44% and over the past year by -26.72%.
Is Teekay Tankers a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Teekay Tankers (NYSE:TNK) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 70.14 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TNK as of December 2024 is 33.75. This means that TNK is currently overvalued and has a potential downside of -10.02%.
Is TNK a buy, sell or hold?
Teekay Tankers has received a consensus analysts rating of 4.43. Therefor, it is recommend to buy TNK.
  • Strong Buy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 1
  • Strong Sell: 0
What are the forecast for TNK stock price target?
According to ValueRays Forecast Model, TNK Teekay Tankers will be worth about 36.9 in December 2025. The stock is currently trading at 37.51. This means that the stock has a potential downside of -1.6%.
Issuer Forecast Upside
Wallstreet Target Price 65 73.3%
Analysts Target Price 56.5 50.6%
ValueRay Target Price 36.9 -1.6%