TN

Teekay Tankers LtdNYSE TNK Stock Report

Last reporting period 30 Sep, 2024

Updated 21 Nov, 2024

Last price

Market cap $B

1.975

Small

Exchange

XNYS - New York Stock Exchange, Inc

TNK Stock Analysis

TN

Attractive

Based on Eyestock quantitative analysis, TNK`s fundamental data and valuation indicate an investment grade of Attractive at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

110/100

High score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

23.5 %

Undervalued

Market cap $B

1.975

Dividend yield

7.21 %

Shares outstanding

33.9 B

Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-12-13. The firm is engaged in the business of owning and operating crude oil and product tankers. The firm has fleet of approximately 44 double-hull tankers including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers, and has approximately four time chartered-in tankers. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts. The firm also owns a very large crude carrier (VLCC) through a 50% owned joint venture. In addition, it owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf and Caribbean.

View Section: Eyestock Rating