Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2019-11-25 | Reverse | 1:8 |
Teekay Tankers Ltd. provides marine transportation, charter, and management services for oil, refined products, and liquids, owning and leasing 48 tankers as of 2021, headquartered in Hamilton, Canada.
Teekay Tankers Ltd. provides marine transportation for crude oil and refined products using a fleet of Suezmax, Aframax, and LR2 tankers, serving major oil companies through spot and fixed-rate charters worldwide.
In Q2 2025, Teekay Tankers reported an earnings per share (EPS) of $0.22, which was a staggering 88.3% below analyst forecasts of $1.88. This considerable miss overshadowed a revenue beat and led to a notable negative reaction in the stock market, placing the company in the spotlight for its operational performance challenges amidst a strong sales environment.
In 2025, Teekay Tankers Ltd. undertook a significant strategic shift by accelerating its fleet renewal program. This involved the sale of eleven older vessels for total gross proceeds of approximately $340 million, coupled with the targeted acquisition of more modern and fuel-efficient tankers. This initiative aims to modernize the company's fleet, reduce its operational breakeven levels, and enhance its long-term competitiveness in the tanker market.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Overall rating: A+
| PEER | PRICE | |
|---|---|---|
 SM | $37.23 | COMPARE |
 INSW | $121.08 | COMPARE |
 PARR | $88.07 | COMPARE |
 TRMD | $39.96 | COMPARE |
 DHT | $24.75 | COMPARE |
 DKL | $56.20 | COMPARE |
 SDRL | $45.73 | COMPARE |
 NOG | $25.05 | COMPARE |
