Welcome to our dedicated page for TEEKAY TANKERS LTD. SEC filings (Ticker: TNK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Teekay Tankers Ltd. filings document a foreign private issuer that owns and operates crude oil and product tankers and provides marine services. Its Form 6-K reports include quarterly financial statements, MD&A, earnings releases and exhibits covering voyage charter revenues, time-charter revenues, vessel operating expenses, spot-rate exposure, tanker classes and fleet renewal activity.
Proxy materials describe annual general meeting matters, director elections, auditor ratification and audited financial statement presentation. Other disclosures address dividends, vessel acquisitions and sales, ship-to-ship transfer and lightering operations, marine services for Australian government and energy customers, and registration matters linked to the company's public securities.
TEEKAY TANKERS LTD. (TNK) received a notice under Rule 144 from director Heidi Locke Simon regarding a proposed sale of common stock. The notice covers 741 shares of common stock, with an indicated aggregate value of $42,182.85, to be sold through Morgan Stanley Wealth Management Canada Inc. on or after August 18, 2026. The shares are shown as arising from Restricted Units and the expected sale method is for cash on the NYSE.
TEEKAY TANKERS LTD. (TNK) received a notice that Rohit Kapoor (RK2) intends to sell common shares under Rule 144. The planned sale covers 6,375 shares of common stock, with an aggregate market value of $348,351.83, and is referenced against 34,797,239 shares outstanding as of the notice. The securities are expected to be sold on the NYSE on or about August 18, 2026. The shares derive from restricted units of Teekay Tankers Ltd. acquired between June 3, 2024 and June 2, 2025, and the form lists Morgan Stanley Wealth Management Canada Inc. as the broker involved.
Teekay Tankers Ltd. reported substantially higher results for the quarter and six months ended June 30, 2026, driven by stronger spot tanker markets and fleet optimization. For the quarter, total revenues were $379.5 million versus $232.9 million a year earlier, with income from operations of $222.0 million and net income of $225.9 million, up from $62.6 million. Basic earnings per share were $6.49, compared with $1.81.
For the first half of 2026, revenues reached $665.6 million and income from operations $369.6 million, versus $464.5 million and $129.4 million in the prior-year period, leading to net income of $379.5 million and basic EPS of $10.91. Tanker net revenues nearly doubled as average spot TCE rates for Suezmax and Aframax/LR2 vessels increased significantly. The company realized $54.9 million of gains on sales of three Suezmax tankers and agreed to sell a VLCC for $84.5 million.
Liquidity remained strong with cash, cash equivalents and restricted cash of $738.7 million and short-term investments of $476.6 million at June 30, 2026, while the $97.6 million 2023 revolving credit facility was fully undrawn. Equity totaled $2.38 billion. The fleet stood at 40 vessels, including two Suezmax newbuildings scheduled for 2027 delivery. Shareholders received a regular quarterly dividend of $0.25 per share and a special $1.00 per-share dividend in May 2026.
BlackRock, Inc. reported beneficial ownership of Class A stock of Teekay Tankers Ltd. This Schedule 13G filing states that BlackRock and certain of its business units beneficially own 1,650,377 shares of Teekay Tankers Class A stock, representing 5.5% of the class.
BlackRock reports sole voting power over 1,622,593 shares and sole dispositive power over 1,650,377 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no individual client holds more than 5% of Teekay Tankers’ outstanding common shares.
Teekay Tankers reported a strong quarter for the period ended June 30, 2026, with GAAP net income of $225.9 million ($6.49 basic EPS) on total revenues of $379.5 million. Adjusted net income was $193.6 million, or $5.56 per share, the highest quarterly adjusted net income in the company’s history, and Adjusted EBITDA reached $205.8 million.
Results were supported by record spot tanker markets: Suezmax spot TCE rates averaged $109,171 per day, Aframax/LR2 $74,149 per day, and VLCC $123,189 per day. In the third quarter to date, Suezmax and Aframax/LR2 spot rates are averaging $104,800 and $59,900 per day, respectively, with about 44% of spot revenue days booked.
The company advanced its fleet renewal, acquiring three 2016-built Aframax tankers for $141.5 million and two Suezmax newbuilding contracts for $190.0 million, while selling a Suezmax and a VLCC for combined proceeds of $138.0 million. The board declared a quarterly cash dividend of $0.25 per share. Liquidity was strong at $1.3 billion as of June 30, 2026, and the fleet totaled 39 tankers, including 34 owned vessels and two committed Suezmax newbuildings.
Krediet Rudolph reported acquisition or exercise transactions in this Form 4 filing.
TEEKAY TANKERS LTD. director Rudolph Krediet received a compensation-related grant of 1,883 Class A Common Shares on June 8, 2026 at a price of $71.66 per share. Following this award, he directly holds 4,741 Class A Common Shares. This was a grant or award, not an open-market purchase.
Semple Alan reported acquisition or exercise transactions in this Form 4 filing.
TEEKAY TANKERS LTD. director Alan Semple reported receiving a grant of Class A Common Shares. On the reported date, he was awarded 1,883 shares at an indicated price of $71.66 per share as a compensation-related grant, rather than an open-market purchase. Following this award, his directly held stake increased to 8,017 Class A Common Shares, giving a clearer picture of his current equity position in the company.
Teekay Tankers Ltd. director Heidi Locke Simon reported receiving an award of Class A Common Shares. On June 8, 2026, she acquired 1,883 shares at a reference price of $71.66 per share as a grant or similar acquisition. Following this non-market transaction, her direct holdings increased to 4,741 Class A Common Shares.
Hvid Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Teekay Tankers Ltd. reported that President and CEO Kenneth Hvid received a grant of 30,020 Restricted Stock Units (RSUs) on June 8, 2026 as equity compensation. Each RSU represents one Class A Common Share and vests in three equal annual installments on June 2, 2027, June 2, 2028, and June 2, 2029. Following this grant, Hvid holds 30,020 RSUs directly, with no open-market share purchases or sales reported in this filing.
Kapoor Rohit (RK2) reported acquisition or exercise transactions in this Form 4 filing.
Teekay Tankers Ltd. reported that Managing Director, Singapore, Rohit Kapoor received a grant of 1,395 Restricted Stock Units. Each RSU represents a contingent right to receive one Class A Common Share. Following this award, Kapoor holds 1,395 RSUs directly.
The RSUs vest annually in three equal installments on June 2, 2027, 2028 and 2029, aligning compensation with longer-term company performance and executive retention.