Teekay Tankers Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 313.29 million compared to USD 367.32 million a year ago. Net income was USD 111.69 million compared to USD 146.43 million a year ago. Basic earnings per share from continuing operations was USD 3.27 compared to USD 4.3 a year ago. Diluted earnings per share from continuing operations was USD 3.23 compared to USD 4.25 a year ago.
For the full year, revenue was USD 1,364.45 million compared to USD 1,063.11 million a year ago. Net income was USD 513.67 million compared to USD 229.09 million a year ago. Basic earnings per share from continuing operations was USD 15.04 compared to USD 6.74 a year ago. Diluted earnings per share from continuing operations was USD 14.86 compared to USD 6.68 a year ago.