Company Teekay Tankers Ltd.

Equities

TNK

MHY8565N3002

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-04-17 pm EDT 5-day change 1st Jan Change
57.29 USD -0.16% Intraday chart for Teekay Tankers Ltd. +1.65% +14.65%

Business Summary

Teekay Tankers Ltd. is a provider of marine transportation to global oil industries. The Company is engaged in the business of owning and operating crude oil and product tankers. It provides vessel operation services for various vessels under the contracts with the Australian Government. Under these contracts the Company delivers all constituent support capabilities: vessel operations, engineering support, maintenance support, supply support, crewing and training and provide support services. The Company owns a fleet of approximately 45 double-hull tankers, including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers. The Company also owns a very large crude carrier (VLCC) through a 50% owned joint venture. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts and the United State based ship-to-ship support service operations, including its lightering support services.

Number of employees: 1,590

Sales per Business

USD in Million2022Weight2023Weight Delta
Voyage Charter - Suezmax
49.1 %
558 52.5 % 669 49.1 % +19.96%
Voyage Charter - Alframax / Long Range 2
41.8 %
358 33.7 % 571 41.8 % +59.48%
Full Service Lightering
6.0 %
124 11.6 % 82 6.0 % -33.97%
Time-charter - Alframax / Long Range 2
1.2 %
15 1.4 % 17 1.2 % +14.84%
Time-charter - Suezmax
1.0 %
0 0.0 % 14 1.0 % +29,042.86%
Ship-to-Ship Support Services
0.6 %
5 0.4 % 8 0.6 % +73.99%
Vessel Management
0.3 %
5 0.4 % 4 0.3 % -14.83%

Sales per region

USD in Million2022Weight2023Weight Delta
Bermuda
100.0 %
1,063 100.0 % 1,364 100.0 % +28.35%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 14-06-19
Director of Finance/CFO 51 01-12-31
Chief Tech/Sci/R&D Officer - 12-11-30
Corporate Secretary - 22-02-28
Corporate Officer/Principal 59 20-08-31
Human Resources Officer - 96-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 77 07-11-30
Director/Board Member 65 21-06-09
Chairman 55 17-02-21
Director/Board Member 57 19-05-28
Director/Board Member 60 19-06-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 5 4,600,000 0 0 71.26 %
Stock B 1 29,500,000 24,298,326 ( 82.37 %) 0

Shareholders

NameEquities%Valuation
5,168,785 17.52 % 302 M $
Dimensional Fund Advisors LP
6.849 %
2,020,473 6.849 % 118 M $
BlackRock Advisors LLC
4.746 %
1,400,028 4.746 % 82 M $
Principal Global Investors LLC
2.810 %
828,888 2.810 % 48 M $
Morgan Stanley Investment Management, Inc.
2.348 %
692,590 2.348 % 40 M $
Fuller & Thaler Asset Management, Inc.
2.231 %
658,063 2.231 % 38 M $
Renaissance Technologies LLC
1.938 %
571,712 1.938 % 33 M $
Millennium Management LLC
1.874 %
552,854 1.874 % 32 M $
Goldman Sachs Asset Management LP
1.824 %
538,209 1.824 % 31 M $
Acadian Asset Management LLC
1.599 %
471,715 1.599 % 28 M $
NameEquities%Valuation
4,625,997 12.50 % 270 M $

Company contact information

Teekay Tankers Ltd.

Belvedere Building 69 Pitts Bay Road

HM 08, Hamilton

+441 298 2530

http://www.teekay.com/investors/teekay-tankers-ltd
address Teekay Tankers Ltd.(TNK)
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