Teekay Tankers Ltd.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Kenneth Hvid
- Full Time Employees
- 2,130
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- Swan Building Hamilton ON Bermuda HM 12
- IPO Date
- Dec 13, 2007
- CIK
- 0001419945
- Website
- teekay.com
- Similar Companies
- Business
- Teekay Tankers Ltd. provides international marine transportation services for crude oil and refined petroleum products through a fleet of mid-sized tankers, including Suezmax, Aframax, and Long Range 2 (LR2) vessels; offers voyage and time charter services, offshore ship-to-ship transfers of crude oil and refined products, full-service lightering, and ancillary services such as fender and hose rentals; and provides commercial and technical management services to third-party shipowners. The Bermuda-based company, incorporated in 2007 and headquartered at Swan Building in Hamilton, operates globally with offices in Vancouver, Houston, London, and Singapore, serving major oil companies, traders, and refiners transporting 500,000 to 1,000,000 barrels per voyage, and employs over 2,200 seafarers for in-house ship management emphasizing safety and environmental performance. In recent developments, Teekay Tankers sold five vessels in the first quarter of 2025, including three Suezmaxes and two LR2 tankers to Greek owners such as IMS SA; announced senior management changes in August 2024 alongside Teekay Corporation; acquired a 2019-built LR2 tanker in February 2025; published its 2024 Sustainability Report in June 2025; and continues quarterly dividend payments with a Q3 2025 dividend of $0.25 per share declared in October 2025.
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