TNK
IndustrialsTeekay Tankers Ltd. · Marine Shipping · $3B
What is Teekay Tankers Ltd.?
Teekay Tankers Ltd. is a mid-cap marine transportation company that moves crude oil and refined petroleum products across global shipping lanes. Incorporated in 2007 and headquartered in Hamilton, Canada, it operates one of the larger independently managed tanker fleets in the international energy logistics space.
Teekay Tankers generates revenue primarily through voyage charters and time charters — contracting its fleet of double-hull oil tankers to oil producers, refiners, and traders who need to move crude and refined products by sea. The company also earns fees from offshore ship-to-ship transfer services, which allow cargo to transfer between vessels without port calls. Additionally, it provides commercial and technical management services to third-party tanker owners, adding a fee-based revenue stream alongside its core shipping operations.
Teekay Tankers was incorporated in 2007 and is headquartered in Hamilton, Canada.
- Crude oil voyage and time charter transportation
- Refined petroleum product tanker services
- Offshore ship-to-ship commodity transfer
- Third-party tanker commercial and technical management
- Aframax and LR2 tanker fleet operations
Is TNK a Good Stock to Buy?
UQS Score rates TNK as Good overall, reflecting a balanced but nuanced picture across its five quality pillars.
TNK's most notable pillar is Risk, which scores Strong — suggesting the company carries a relatively conservative financial structure compared to many peers in the volatile tanker shipping sector. Valuation is rated Attractive, meaning the stock does not appear stretched relative to its fundamentals. Quality lands at Good, indicating reasonably sound underlying business metrics.
The Moat and Growth pillars both register as Weak, which reflects the commodity-driven nature of tanker shipping — a sector where pricing power is limited and long-term structural growth can be difficult to sustain.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does TNK pay dividends?
Yes — Teekay Tankers Ltd. pays a dividend.
Teekay Tankers pays a regular dividend, which is relatively uncommon among mid-cap shipping operators and reflects the company's emphasis on returning capital to shareholders during periods of strong tanker rates. Dividend levels in the tanker sector tend to fluctuate with freight market cycles, so investors should monitor payout trends alongside earnings. The full dividend history and yield context are available to Pro members.
When does TNK report earnings?
Teekay Tankers reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Tanker shipping results are closely tied to global oil demand, trade route disruptions, and fleet supply dynamics — all of which can cause meaningful swings in quarterly revenue and profitability. TNK's Risk pillar strength suggests the company has managed its balance sheet through these cycles with relative discipline.
For the most recent quarter's results and guidance, visit Teekay Tankers' official investor relations page.
TNK Price History
+460.5% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Teekay Tankers Ltd.?
Based on Teekay Tankers Ltd.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
TNK Long-term Outlook
TNK's Growth pillar is rated Weak, reflecting the structural challenges facing tanker operators — freight rates are cyclical, fleet expansion is capital-intensive, and demand growth is tied to global oil consumption trends that face long-term headwinds. However, the Strong Risk rating suggests the company is positioned to weather downturns better than more leveraged peers. The Attractive Valuation label indicates the market may not be fully pricing in the company's near-term earnings capacity relative to its asset base.
Growth drivers
- Elevated global oil trade volumes supporting tanker demand
- Fee-based management services providing more stable revenue
- Fleet efficiency and disciplined capital allocation
Key risks
- Cyclical freight rate volatility compressing margins
- Long-term oil demand uncertainty affecting tanker utilization
- Geopolitical disruptions altering established trade routes
TNK vs Peers
Teekay Tankers operates in a competitive energy logistics landscape alongside companies spanning midstream pipelines, logistics partnerships, and marine transport.
Sunoco focuses on fuel distribution and retail rather than marine transportation, representing a land-based alternative within the broader energy logistics value chain.
Delek Logistics operates midstream pipeline and storage assets, offering a fee-based MLP structure that contrasts with TNK's freight-rate-driven tanker model.
Seapeak specializes in LNG and LPG marine transportation, competing in the liquid gas segment where TNK also has limited exposure through its product tanker operations.
Frequently Asked Questions
What does Teekay Tankers do?
Teekay Tankers provides marine transportation services for crude oil and refined petroleum products. It operates a fleet of double-hull tankers on voyage and time charters, conducts offshore ship-to-ship transfers, and offers commercial and technical management services to other tanker owners.
Does TNK pay dividends?
Yes, Teekay Tankers pays a regular dividend. Dividend levels in the tanker sector are closely linked to freight market conditions, so payouts can vary over time. Pro members can access the full dividend history and yield context on the TNK analysis page.
When does TNK report earnings?
Teekay Tankers follows a standard quarterly earnings cadence for US-listed companies. For the exact timing of upcoming results, check the investor relations section of Teekay Tankers' official website.
Is TNK a good stock to buy?
UQS Score rates TNK as Good overall. Its Risk pillar is Strong and Valuation is Attractive, which may appeal to investors seeking exposure to tanker shipping without excessive balance-sheet risk. However, Weak Moat and Growth ratings reflect the cyclical, commodity-driven nature of the business. The complete analysis is available to Pro members.
Is TNK overvalued?
TNK's Valuation pillar is rated Attractive, suggesting the stock is not considered expensive relative to its fundamentals within the UQS framework. Tanker stocks can trade at wide discounts or premiums depending on freight cycle expectations, so valuation context matters. View the full breakdown with a Pro membership.
How does TNK compare to its competitors?
Compared to peers like Seapeak, Sunoco, and Delek Logistics, TNK is more directly exposed to crude and refined product tanker freight rates. Its Strong Risk rating differentiates it from more leveraged shipping operators, while its Weak Moat reflects the limited pricing power common across commodity marine transport.
What is TNK's market cap bracket?
Teekay Tankers is classified as a mid-cap company. This places it in a segment of the market that typically offers more liquidity than small-caps while remaining more sensitive to sector cycles than large-cap energy majors.
Who founded Teekay Tankers?
Teekay Tankers Ltd. was incorporated in 2007 as a publicly traded entity spun out from Teekay Corporation, a larger international tanker company. Founding and corporate history details are widely available through Teekay's official investor materials.
Is TNK a long-term quality investment?
As a long-term quality indicator, TNK's Good overall UQS Score reflects genuine strengths in risk management and valuation, tempered by Weak Growth and Moat ratings. Tanker shipping is inherently cyclical, so long-term holders should weigh the company's balance sheet discipline against structural demand uncertainty for oil transportation.
What is the main competitive advantage of Teekay Tankers?
Teekay Tankers' primary edge lies in its operational scale, established customer relationships, and the technical management expertise it has built over years in the tanker market. Its Strong Risk pillar suggests financial discipline that can be an advantage during freight rate downturns when more leveraged competitors face stress.
What sector does TNK belong to?
Teekay Tankers operates in the Energy sector, specifically within marine transportation and logistics for oil and petroleum products. Investors can explore other [Energy sector stocks scored by UQS](/sector/energy) to compare TNK against a broader peer set.
Is TNK a growth stock or value stock?
Based on UQS pillar labels, TNK leans toward value rather than growth. Its Valuation pillar is Attractive while its Growth pillar is Weak — a profile more consistent with a cyclical value play than a high-growth compounder. The full pillar detail is available to Pro members.
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Pro Analysis
TNK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 19, 2026 | 53.0 | 78.9 | 17.0 | 2.3 | 100.0 | 90.4 | +1.4 |
| May 7, 2026 | 51.6 | 74.7 | 17.0 | 2.3 | 100.0 | 87.9 | +0.1 |
| May 3, 2026 | 51.5 | 74.7 | 17.0 | 2.3 | 100.0 | 87.4 | -0.3 |
| Apr 26, 2026 | 51.8 | 74.7 | 17.0 | 2.3 | 100.0 | 89.9 | +0.6 |
| Apr 19, 2026 | 51.2 | 74.7 | 17.0 | 2.3 | 100.0 | 85.5 | -0.1 |
| Apr 18, 2026 | 51.3 | 74.7 | 17.0 | 2.3 | 100.0 | 86.3 | +0.5 |
| Apr 14, 2026 | 50.8 | 74.7 | 17.0 | 2.3 | 100.0 | 82.7 | -8.1 |
| Apr 13, 2026 | 58.9 | 74.6 | 50.0 | 2.3 | 100.0 | 81.9 | +8.1 |
| Apr 12, 2026 | 50.8 | 74.7 | 17.0 | 2.3 | 100.0 | 83.0 | +0.4 |
| Apr 5, 2026 | 50.4 | 74.7 | 17.0 | 2.3 | 100.0 | 80.2 | -0.5 |
TNK — Pillar Breakdown
Quality
— 78.9/100 (25%)Teekay Tankers Ltd. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 2.3/100 (20%)Teekay Tankers Ltd. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 100.0/100 (15%)Teekay Tankers Ltd. carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 90.5/100 (15%)Teekay Tankers Ltd. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 17/100 (25%)Teekay Tankers Ltd. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for TNK.
Score Composition
Financial Data
More Stock Analysis
How is the TNK UQS Score Calculated?
The UQS (Unified Quality Score) for Teekay Tankers Ltd. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Teekay Tankers Ltd.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Teekay Tankers Ltd. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.