Teekay Corporation Ltd. Second Quarter 2025 Business Update
Rhea-AI Summary
Teekay Corporation (NYSE:TK) has released its business update for Q2 2025, covering the period ended June 30, 2025. The company has made its business update and earnings presentation available to stakeholders through its corporate website.
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News Market Reaction 5 Alerts
On the day this news was published, TK declined 6.13%, reflecting a notable negative market reaction. Argus tracked a trough of -3.0% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $42M from the company's valuation, bringing the market cap to $641M at that time.
Data tracked by StockTitan Argus on the day of publication.
HAMILTON, Bermuda, July 30, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported a business update for the three months ended June 30, 2025. The business update and Teekay Group’s earnings presentation are available on the Company’s website here.
About Teekay
Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), a leading owner and operator of mid-sized crude tankers. Teekay Tankers manages and operates approximately 58 conventional tankers and other marine assets, including vessels operated for the Australian Government. With offices in 8 countries and approximately 2,200 seagoing and shore-based employees, Teekay Tankers provides a comprehensive set of marine services to the world’s leading energy companies.
Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.
For Investor Relations
enquiries contact:
E-mail: investor.relations@teekay.com
Website: www.teekay.com
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