Teekay Tankers (TNK)

Company Profile

Teekay Tankers currently has a fleet of 52 double-hull tankers (including 26 Suezmax tankers, 17 Aframax tankers and nine LR2 product tankers), and also has four time chartered-in tankers. Teekay Tankers' vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business that performs full service lightering and lightering support operations in the U.S. Gulf and Caribbean. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business.

Company profile

Ticker

TNK

Exchange

NYSE

Website

www.teekaytankers.com

CEO

Kevin Mackay

Incorporated

Bermuda

Location

Bermuda

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Deep Sea Freight Transportation

Industry (SIC)

Water Transportation

Carnival Corp. • Carnival • Royal Caribbean • NCL • Norwegian Cruise Line • Tidewater • Seapeak • Altera Infrastructure • Kirby • Golar Lng ...

SEC CIK

0001419945

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

TNK stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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20-F

2022 FY

Annual report (foreign)

31 Mar 23

6-K

Current report (foreign)

23 Feb 23

6-K

Current report (foreign)

4 Nov 22

6-K

Current report (foreign)

3 Nov 22

6-K

Current report (foreign)

5 Aug 22

6-K

Current report (foreign)

4 Aug 22

6-K

Current report (foreign)

19 May 22

6-K

Current report (foreign)

12 May 22

6-K

Current report (foreign)

6 May 22

20-F

2021 FY

Annual report (foreign)

6 Apr 22

Transcripts

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TNK

Earnings call transcript

2022 Q4

23 Feb 23

TNK

Earnings call transcript

2022 Q2

4 Aug 22

TNK

Earnings call transcript

2022 Q1

13 May 22

TNK

Earnings call transcript

2021 Q3

4 Nov 21

TNK

Earnings call transcript

2021 Q2

5 Aug 21

TNK

Earnings call transcript

2021 Q1

13 May 21

TNK

Earnings call transcript

2020 Q4

25 Feb 21

TNK

Earnings call transcript

2020 Q3

12 Nov 20

Latest ownership filings

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DIMENSIONAL FUND ADVISORS LP

Russell Investments Group, Ltd.

11 Feb 22

SC 13G/A

DIMENSIONAL FUND ADVISORS LP

DIMENSIONAL FUND ADVISORS LP

12 Feb 21

Financial summary

Financial statements Chart TNK financial data

Quarter (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q4 2022

TNK institutional ownership history Ownership history

90.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	149	131	+13.7%
Opened positions	34	42	-19.0%
Closed positions	16	10	+60.0%
Increased positions	53	41	+29.3%
Reduced positions	42	29	+44.8%

13F shares	Current	Prev Q	Change
Total value	413.89 bn	628.13 mm	+65791.6%
Total shares	26.28 mm	24.41 mm	+7.7%
Total puts	396.50 k	346.90 k	+14.3%
Total calls	677.20 k	706.00 k	-4.1%
Total put/call ratio	0.6	0.5	+19.2%

Largest owners	Shares	Value	Change
TK Teekay	9.66 mm	$244.55 mm	0.0%
BLK Blackrock	1.78 mm	$54.85 bn	+6.3%
Dimensional Fund Advisors	1.71 mm	$52.83 mm	+2.9%
Azvalor Asset Management Sgiic	1.13 mm	$8.71 mm	0.0%
Millennium Management	1.02 mm	$31.24 bn	+16.0%
MS Morgan Stanley	846.40 k	$26.08 bn	+15.5%
Marshall Wace	583.42 k	$17.98 bn	+61.9%
AMP Ameriprise Financial	515.78 k	$15.89 bn	+15.5%
Citadel Advisors	498.02 k	$15.34 bn	-1.4%
Two Sigma Investments	495.40 k	$15.26 bn	-7.7%

Largest transactions	Shares	Bought/sold	Change
STT State Street	350.50 k	+350.50 k	NEW
Jacobs Levy Equity Management	486.91 k	+277.41 k	+132.4%
Bridgeway Capital Management	218.94 k	-225.53 k	-50.7%
Marshall Wace	583.42 k	+223.06 k	+61.9%
DAVENPORT & Co	212.82 k	+212.82 k	NEW
Healthcare Of Ontario Pension Plan Trust Fund	366.20 k	+198.10 k	+117.8%
BNP Paribas Arbitrage	0.00	-186.36 k	EXIT
Numerai	168.12 k	+168.12 k	NEW
Hillsdale Investment Management	158.48 k	+158.48 k	NEW
Millennium Management	1.02 mm	+140.26 k	+16.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.