Teekay Tankers Ltd. Reports Third Quarter 2025 Results and Declares Dividend

Rhea-AI Summary

Teekay Tankers (NYSE: TNK) reported results for the quarter ended September 30, 2025 and the Board declared a $0.25 per share fixed cash dividend for that quarter. The dividend is payable on November 21, 2025 to shareholders of record as at November 10, 2025. The company said the full earnings release and Teekay Group presentation are available on its website.

Fleet and operations: Teekay Tankers operates a fleet of 34 double-hull tankers (17 Suezmax, 16 Aframax/LR2, 1 VLCC), plus 3 time-chartered-in vessels, and provides lightering and marine services in the U.S. Gulf, Caribbean and for Australian government clients.

Positive

• Dividend declared of $0.25 per share for Q3 2025
• Dividend payable Nov 21, 2025 to record holders on Nov 10, 2025
• Fleet size of 34 double-hull tankers
• Fleet composition: 17 Suezmax, 16 Aframax/LR2, 1 VLCC
• Additional capacity: 3 time-chartered-in tankers
• Ancillary business: ship-to-ship lightering in U.S. Gulf and Caribbean

Negative

• None.

HAMILTON, Bermuda, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended September 30, 2025 and announced that its Board of Directors has declared its fixed cash dividend of $0.25 per share for the quarter ended September 30, 2025. The cash dividend is payable on November 21, 2025 to all shareholders of record as at November 10, 2025.

The full earnings release and Teekay Group’s earnings presentation are available on the Company’s website here.

About Teekay Tankers

Teekay Tankers has a fleet of 34 double-hull tankers (including 17 Suezmax tankers, 16 Aframax / LR2 tankers, and 1 VLCC tanker), and also has three time chartered-in oil and product tankers. Teekay Tankers’ vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. In addition, Teekay Tankers manages and operates vessels for the Australian Government and Australian energy companies as part of the marine services provided by the Company and 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 Ltd.

Teekay Tankers’ Class A common shares trade on the New York Stock Exchange under the symbol “TNK.”

For Investor Relations
enquiries contact:

E-mail: investor.relations@teekay.com
Website: www.teekay.com

FAQ

What dividend did Teekay Tankers (TNK) declare for Q3 2025?

The Board declared a $0.25 per share fixed cash dividend for the quarter ended Sept 30, 2025.

When will Teekay Tankers (TNK) pay the Q3 2025 dividend?

The dividend is payable on November 21, 2025 to shareholders of record as at November 10, 2025.

How many vessels does Teekay Tankers (TNK) operate as of Sept 30, 2025?

Teekay Tankers operates a fleet of 34 double-hull tankers plus 3 time-chartered-in vessels.

What is Teekay Tankers (TNK) fleet mix reported in the Q3 2025 release?

The fleet includes 17 Suezmax, 16 Aframax/LR2, and 1 VLCC.

Where can investors find Teekay Tankers (TNK) full Q3 2025 earnings release?

The full earnings release and Teekay Group presentation are available on Teekay Tankers' investor website.

Does Teekay Tankers (TNK) provide services beyond shipping operations?

Yes; it manages vessels for Australian government clients and runs a ship-to-ship lightering business in the U.S. Gulf and Caribbean.