Back to top
more

Teekay Tankers (TNK)

(Delayed Data from NYSE)

$58.66 USD

58.66
198,665

+0.53 (0.91%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $58.65 -0.01 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 20% (50 out of 252)

Industry: Transportation - Shipping

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for TNK

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Teekay Tankers Ltd falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 366 186 53 100 92
Receivables 100 119 45 41 96
Notes Receivable 0 0 0 0 0
Inventories 53 61 49 35 50
Other Current Assets 94 93 98 69 183
Total Current Assets 614 460 245 245 421
Net Property & Equipment 1,158 1,253 1,337 1,555 1,750
Investments & Advances 16 18 14 29 28
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 3 3 4 4 5
Deposits & Other Assets 7 7 5 4 5
Total Assets 1,873 1,784 1,619 1,840 2,229
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 30 42 35 31 71
Current Portion Long-Term Debt 0 0 41 21 94
Current Portion Capital Leases 21 60 27 78 25
Accrued Expenses 44 47 33 55 60
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 9 4 13 8 14
Total Current Liabilities 139 170 157 197 280
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 305 232 516
Non-Current Capital Leases 119 473 267 282 389
Other Non-Current Liabilities 49 44 46 50 51
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 348 714 780 761 1,240
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1,306 1,304 1,301 1,299 1,298
Capital Surplus 0 0 0 0 0
Retained Earnings 220 -234 -463 -220 -308
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,526 1,070 838 1,079 990
Total Liabilities & Shareholder's Equity 1,873 1,784 1,619 1,840 2,229
Total Common Equity 1,526 1,070 838 1,079 990
Shares Outstanding 34.00 33.90 33.70 33.70 33.60
Book Value Per Share 44.88 31.56 24.88 32.01 29.46

Fiscal Year End for Teekay Tankers Ltd falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 366 228 180 175
Receivables NA 100 117 125 155
Notes Receivable NA 0 0 0 0
Inventories NA 53 52 57 64
Other Current Assets NA 94 69 90 94
Total Current Assets NA 614 465 451 488
Net Property & Equipment NA 1,158 1,195 1,211 1,230
Investments & Advances NA 16 15 17 17
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 3 3 3 3
Deposits & Other Assets NA 7 6 7 7
Total Assets NA 1,873 1,771 1,780 1,839
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 30 29 70 90
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 21 21 28 42
Accrued Expenses NA 44 34 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 9 7 10 11
Total Current Liabilities NA 139 130 146 175
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 119 124 180 317
Other Non-Current Liabilities NA 48 52 46
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 348 349 431 599
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1,306 1,305 1,305 1,305
Capital Surplus NA 0 0 0 0
Retained Earnings NA 220 117 44 -64
Other Equity NA 0 0 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,526 1,422 1,349 1,240
Total Liabilities & Shareholder's Equity NA 1,873 1,771 1,780 1,839
Total Common Equity 0 1,526 1,422 1,349 1,240
Shares Outstanding 34.00 34.00 34.10 34.00 33.90
Book Value Per Share 0.00 44.88 41.69 39.67 36.59