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.
TNK generated $1,364 million in revenue in 2023, which translated to a net income of $513 million, or $14.14 in EPS. With a current price of $70 per share, the company trades at an earnings yield of 20.2%.