Teekay Corporation Reports First Quarter 2024 Results

Rhea-AI Summary

Teekay (TK) reported its first-quarter 2024 results, showcasing its leadership in international crude oil marine transportation and marine services. Teekay manages 64 conventional tankers and various marine assets, offering comprehensive services to top energy companies. The stock is listed on NYSE as 'TK'.

Positive

• Teekay demonstrates strong leadership in international crude oil marine transportation and marine services.

• Teekay manages approximately 64 conventional tankers and various marine assets, providing a comprehensive range of services to leading energy companies.

Negative

• None.

HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended March 31, 2024.

The full earnings release is 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 directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), one of the world’s leading owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate approximately 64 conventional tankers and other marine assets, including vessels operated for the Australian government. With offices in eight countries and approximately 2,200 seagoing and shore-based employees, Teekay 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

FAQ

What did Teekay report in the first quarter of 2024?

Teekay reported its results for the three months ended March 31, 2024, showcasing its leadership in international crude oil marine transportation and marine services.

Where is Teekay listed?

Teekay 's common stock is listed on the New York Stock Exchange under the symbol 'TK'.

How many conventional tankers does Teekay manage?

Teekay manages approximately 64 conventional tankers and various marine assets.

What services does Teekay provide?

Teekay provides a comprehensive set of marine services to the world's leading energy companies.