Welcome to our dedicated page for Teekay Tankers 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. Chief Financial Officer Speers Brody filed an initial ownership report detailing holdings of restricted stock units (RSUs) tied to Class A Common Shares. The filing shows RSU awards covering 980.2735, 6067.1231 and 25000.0000 underlying shares.
According to the footnotes, one RSU grant vests in two equal annual installments on June 2, 2026 and 2027, another vests in three equal annual installments on June 2, 2026, 2027 and 2028, and a third grant cliff vests on March 10, 2030. The RSUs each represent a contingent right to receive one Class A Common Share.
Teekay Tankers Ltd. director Peter Antturi filed an initial ownership report showing 4,356.107 deferred restricted stock units. Each deferred RSU represents a vested right to receive one Class A common share, with release timing elected by Antturi but no later than 10 years from the grant date.
Teekay Tankers Ltd. director and President & CEO Kenneth Hvid has reported his initial equity-based holdings in the company. He holds deferred restricted stock units convertible into 58,082.2769 Class A common shares, plus two restricted stock unit awards for 3,902.0183 and 47,420.4235 Class A shares that vest annually between June 2, 2026 and June 2, 2028.
Teekay Tankers Ltd. director Rudolph Krediet filed an initial ownership report showing his stake in the company. The Form 3 lists 2,858 Class A Common Shares held with direct ownership. This is a baseline disclosure of his current holdings and does not report any recent share purchases or sales.
TEEKAY TANKERS LTD. director Locke Simon Heidi filed an initial ownership report showing holdings of Class A common shares. The filing lists direct ownership of 2,858 Class A common shares, with no buy or sell transactions reported. This establishes the director’s starting equity position in the company.
TEEKAY TANKERS LTD. director Poul Ulrich Karlshoej has filed an initial ownership report showing his position in the company. The Form 3 lists beneficial ownership of 7,858 Class A common shares held directly. This filing records his existing stake and does not reflect a new transaction.
Teekay Tankers Ltd., a Bermuda-based crude and product tanker owner listed on the NYSE, files its 2025 annual report outlining its business and extensive risk profile. The company had 29,921,732 Class A and 4,625,997 Class B common shares outstanding at year-end.
Operations are heavily exposed to the volatile spot tanker market, which generated about 93% of voyage and time-charter net revenues in 2025 and 2024. Management highlights sensitivity to oil demand, freight rates, geopolitics, sanctions, piracy, public health crises and environmental regulation, any of which could significantly affect earnings and vessel utilization.
The filing notes that about 65% of the fleet is 15 years or older, implying substantial future fleet-renewal needs. As of December 31, 2025, Teekay Tankers reported no outstanding long-term debt, $171.7 million available under its revolving credit facility, and $852.6 million of cash, cash equivalents and short-term investments to support operations, capital spending and potential growth under detailed covenant and liquidity considerations.
Teekay Tankers Ltd. reported a Form 144 sale notice for 1,050 Common, Class A shares.
The securities are described as Restricted Units issued on 06/29/2022 as Director Compensation. The filing lists Morgan Stanley Wealth Management Canada Inc. and an entry date of 02/23/2026, with the securities trading on NYSE.
Teekay Tankers Ltd. reported strong profitability for the fourth quarter and full year 2025, supported by very firm mid-size tanker markets. Fourth-quarter GAAP net income was $120.5 million, or $3.47 per share, with adjusted net income of $97.0 million, or $2.80 per share. Full-year 2025 GAAP net income reached $351.2 million, or $10.15 per share, and adjusted net income was $240.8 million, or $6.96 per share.
Total revenues for 2025 were $951.8 million, with adjusted EBITDA of $295.5 million. The company highlighted strong spot TCEs, with fourth-quarter Suezmax rates averaging about $53,500 per day and Aframax/LR2 about $43,600 per day, and even higher averages booked so far in early 2026. Teekay Tankers continued its fleet renewal strategy by buying three 2016-built Aframax tankers for $141.5 million and selling, or agreeing to sell, several older Suezmax vessels and one VLCC for combined gross proceeds of $157.5 million. Liquidity remained robust at about $1.0 billion as of December 31, 2025, and the board declared a quarterly cash dividend of $0.25 per share, bringing 2025 declared dividends to $2.00 per share.
FMR LLC filed an amended Schedule 13G reporting its beneficial ownership in Teekay Tankers Ltd. Class A common stock as of December 31, 2025. FMR LLC reports beneficial ownership of 1,410,426.89 Class A shares, representing 4.7% of the class. It has sole voting power over 1,408,355.00 shares and sole dispositive power over 1,410,426.89 shares. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over 1,410,426.89 shares and no voting power. The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of Teekay Tankers. One or more other persons may receive dividends or sale proceeds, but no such person holds more than five percent of the outstanding Class A shares.