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Teekay Tankers: 2Q Earnings Snapshot

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HAMILTON, Bermuda (AP) _ Teekay Tankers Ltd. (TNK) on Thursday reported second-quarter net income of $98.2 million, after reporting a loss in the same period a year earlier.

The Hamilton, Bermuda-based company said it had profit of $2.89 per share. Earnings, adjusted for non-recurring gains, came to $2.39 per share.

The oil and gas shipping company posted revenue of $246.5 million in the period. Its adjusted revenue was $184.9 million.

Teekay Tankers shares have fallen 34% since the beginning of the year. The stock has risen 99% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TNK at https://www.zacks.com/ap/TNK