Teekay Tankers Ltd. Reports Second Quarter 2022 Results
08/04/2022 - 12:00 AM
HAMILTON, Bermuda, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company ) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2022:
The full earnings release and earnings presentation are available on the Company’s website here .
About Teekay Tankers
Teekay Tankers currently has a fleet of 45 double-hull tankers (including 25 Suezmax tankers, 11 Aframax tankers and nine LR2 product tankers), and also has four time chartered-in tankers. Teekay Tankers’ vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. Teekay Tankers also owns a Very Large Crude Carrier (VLCC ) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business that performs full service lightering and lightering support operations in the U.S. Gulf and Caribbean. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its oil tanker business.
Teekay Tankers’ Class A common stock trades on the New York Stock Exchange under the symbol “TNK.”
For Investor Relations enquiries contact:
E-mail: TeekayTankers@IGBIR.comwww.teekay.com
TNK Rankings
#339 Ranked by Stock Gains
TNK Stock Data
Industry
Deep Sea Freight Transportation
Sector
Transportation and Warehousing
Tags
Transportation, Marine Shipping, Transportation and Warehousing, Deep Sea Freight Transportation
Country
Canada
City
Vancouver
About TNK
teekay is an operational leader and project developer in the marine energy space. established in 1973, teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage and production companies. we bring energy where it is needed — anywhere in the world — to power the global economy and to improve people’s lives. teekay corporation operates in the marine midstream space through its ownership of the general partners and a portion of the outstanding limited partner interests in teekay lng partners l.p. (nyse:tgp) and teekay offshore partners l.p. (nyse:too). the general partners own all of the outstanding incentive distribution rights. in addition, teekay has a controlling ownership interest in teekay tankers ltd. (nyse:tnk) and directly owns a fleet of vessels. the combined teekay entities manage and operate consolidated assets of over $13 billion, comprised of over 215 liquefied gas, offshore, and conventional tanker assets. wit
