|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.63 - 1.72|
|52 Week Range||1.37 - 2.78|
|PE Ratio (TTM)||-7.60|
|Earnings Date||Nov 1, 2017 - Nov 6, 2017|
|Forward Dividend & Yield||0.12 (7.14%)|
|1y Target Est||2.17|
In the 40th week of 2017, the BDTI fluctuated between 758 and 776. However, on the last day of the week, the index stood at 776, where it was at the start of the week.
Wall Street analysts estimate that Teekay Tankers’ (TNK) revenue will be ~$70.3 million in the third quarter of 2017 compared to $89.3 million in 2Q17 and ~$104 million in 3Q16.
HAMILTON, Bermuda, Oct. 03, 2017-- Teekay Corporation announced that its Board of Directors has declared a cash dividend on its common stock of $0.055 per share for the quarter ended September 30, 2017. ...
In week 39, the week ending September 29, the BDTI rose to 776 from 772. In week 38, the index rose by 28 points. It rose for the fifth consecutive week.
Oil prices are back in bull market territory. Brent crude oil traded at $59 per barrel on September 25—its highest level in two years.
OPEC (the Organisation of the Petroleum Exporting Countries) and a few non-OPEC countries have agreed on an oil production cut up to March 2018 to support oil prices.
Crude tanker rates have fallen significantly in the third quarter of 2017. Average VLCC (very large crude carrier) rates fell 25% to $15,422 per day on September 22.
The crude tanker industry has been weak since the start of the second quarter of 2017. Weakness lingered through the start of the third quarter and then aggravated going into August and September.
In September 2017, Teekay Tankers (TNK) announced a share repurchase program of up to $45 million of the company’s Class A common shares.
In September 2017, Nordic American Tankers (NAT) announced the appointment of its new CFO, Bjorn Giaever. Giaever plans to join the company on October 16, 2017.
Tsakos Energy Navigation (TNP) posted revenues of $132 million in 2Q17—4.3% lower than $138.4 million in 1Q17 and 11% higher than $119.8 million in 2Q16.
In August 2017, China’s auto sales rose 4.1% YoY (year-over-year). Its total vehicle sales rose 5.3% to 2.19 million in August.
China, the second-largest economy in the world, is a key factor for the crude tanker industry. The country is the second-largest oil importer in the world.
Teekay Tankers Ltd. said Friday it has launched a $45 million stock repurchase program. At Thursday's stock closing price of $1.44, the program would allow the company to buy back 31.25 million shares, ...
HAMILTON, Bermuda, Sept. 15, 2017-- Teekay Tankers Ltd. today announced that its Board of Directors has authorized a share repurchase program for the repurchase of up to $45 million of the Company’ s Class ...
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Teekay Tankers Ltd. with the following peers – Ship Finance International Limited, Frontline Ltd., Teekay LNG Partners L.P., Teekay Corporation, Teekay Offshore Partners L.P., Nordic American Tankers Limited, Golar LNG Limited, Golden Ocean Group Ltd, DHT Holdings, Inc. and Ardmore Shipping Corp. (SFL-US, FRO-US, TGP-US, ... Read more (Read more...)
HAMILTON, Bermuda, Sept. 13, 2017-- Teekay Corporation announced today the following changes to its Board of Directors:. Axel Karlshoej, Director and Chairman Emeritus, and Thomas Kuo-Yuen Hsu, Director, ...
According to the Gibson report for week 35, bunker fuel prices at Rotterdam were $297 per ton on August 31—down from $298 per ton the previous week.