Teekay Tankers Ltd., together with its subsidiaries, provides marine transportation services to oil industries in Bermuda and internationally. The company operates in two segments: Tankers and Marine Servies. It offers voyage and time charter services; offshore ship-to-ship transfer of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. In addition, the company is involved in the vessels management, procurement, and equipment rental businesses. It serves energy and utility companies, oil traders, oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. The company was incorporated in 2007 and is based in Hamilton, Bermuda.
Research context
Teekay Tankers Ltd appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Midstream
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5 years, 6 months ago
Teekay Tankers Ltd is currently in a long term uptrend where the price is trading 11.8% above its 200 day moving average.
From a valuation standpoint, the stock is 93.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.5.
Teekay Tankers Ltd's total revenue sank by 60.9% to $128M since the same quarter in the previous year.
Its net income has dropped by 216.2% to $-73M since the same quarter in the previous year.
Finally, its free cash flow fell by 113.9% to $-7M since the same quarter in the previous year.
Based on the above factors, Teekay Tankers Ltd gets an overall score of 2/5.