EARNINGS: On October 30, Teekay Tankers reported Q3 adjusted earnings per share of $1.84 on revenue of $243.28M.According to Bloomberg, analysts expected the company to report Q3 adjusted EPS of ...

Besides that, China's crude imports declined. On the other hand, tanker supply fundamentals are still favorable. Teekay Tankers reported $52.4 million operating income for 3Q24, a 35% lower figure ...

However, Teekay Tankers' earnings easily cover the dividend. This means that most of its earnings are being retained to grow the business. Over the next year, EPS is forecast to fall by 8.9%.

Teekay Tankers (NYSE:TNK) -1.4% in Friday's trading as Bank of America downgrades shares to Neutral from Buy with a $51 price target, cut from $57, after the company posted Q3 adjusted earnings ...

Teekay Tankers will see three unnamed 2003-built suezmax tankers in separate transactions for combined sale proceeds of approximately $57m. The first tanker was delivered to the buyer in December ...

Floating production, storage and offloading contractor Altera Infrastructure has divested its fleet of shuttle tankers and now ... previously known as Teekay Offshore — is a recognised owner ...

Altera Infrastructure has entered into an agreement to sell all its membership interests in Altera Shuttle Tankers (AST) to Maistros Shiptrade, a company affiliated with the Angelicoussis Group.

On Friday, BofA Securities adjusted its stance on Teekay Tankers (NYSE:TNK), downgrading the stock from Buy to Neutral and reducing the price target to $51 from $57. The revision follows Teekay ...

Greek shipping giant Angelicoussis Group has agreed to buy UK-based shipowner Altera Shuttle Tankers (AST) in a major move into the sector. Angelicoussis Group, which entered the shuttle tanker ...