Teekay logo

TeekayNYSE: TK

Profile

Sector:

Energy

Country:

Bermuda

IPO:

20 July 1995

Next earnings report:

N/A

Last dividends:

31 January 2019

Next dividends:

04 December 2024
$766.83 M
-16%vs. 3y high
36%vs. sector
-vs. 3y high
-vs. sector
-18%vs. 3y high
25%vs. sector
-13%vs. 3y high
23%vs. sector

Price

after hours | Mon, 04 Nov 2024 23:12:22 GMT
$8.35+$0.15(+1.83%)

Dividend

No data over the past 3 years
$272.62 M$20.07 M

Analysts recommendations

Institutional Ownership

TK Latest News

Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns
seekingalpha.com05 November 2024 Sentiment: -

In recent months, seasonality has impacted dirty tanker rates. Besides that, China's crude imports declined. On the other hand, tanker supply fundamentals are still favorable. Teekay Tankers reported $52.4 million operating income for 3Q24, a 35% lower figure than 3Q23. 3Q24 net income is $58.8 million, and 3Q24 EPS is $1.69/share. The balance sheet is TNK's strength. The company has 3.1% Total Debt to Equity and 8.9% Total Liabilities to Total Assets.

Teekay Corporation Ltd. (TK) Q3 2024 Earnings Call Transcript
seekingalpha.com31 October 2024 Sentiment: NEUTRAL

Teekay Corporation Ltd. (NYSE:TK ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Kenneth Hvid - President & Chief Executive Officer Brody Speers - Chief Financial Officer Conference Call Participants Jon Chappell - Evercore Omar Nokta - Jefferies Ken Hoexter - Bank of America Operator Welcome to the Teekay Group Third Quarter 2024 Earnings Results Conference Call.

Teekay Tankers: Navigating Challenges, Seizing Opportunities Amid Favorable Market Dynamics
seekingalpha.com05 August 2024 Sentiment: POSITIVE

Teekay Tankers stock dropped 12% after Q2-2024 results, but financial health remains strong. Q2-2024 revenues dropped by 20% due to decreasing tanker spot day rates. Teekay Tankers benefits from historically high spot rates and a favorable market outlook despite risks from fleet age and oil demand fluctuations.

Teekay Corporation - Upgrading On Excessive Discount To Net Asset Value - Buy
seekingalpha.com04 August 2024 Sentiment: POSITIVE

In recent months, shares of Teekay Corporation have performed worse than its main consolidated subsidiary Teekay Tankers, thus resulting in a widened discount to net asset value. While tanker stocks have been under pressure as of late, industry prospects remain solid. With the discount to net asset value now above the long-standing 10% to 20% range, I would expect the company to resume share repurchases soon.

Teekay Corporation (TK) Q2 2024 Earnings Call Transcript
seekingalpha.com04 August 2024 Sentiment: NEUTRAL

Teekay Corporation (NYSE:TK ) Q2 2024 Earnings Call August 1, 2024 11:00 AM ET Company Participants Kevin Mackay - President and Chief Executive Officer Stewart Andrade - Chief Financial Officer Christian Waldegrave - Director, Research Conference Call Participants Omar Nokta - Jefferies Adam Roszkowski - Bank of America Operator Welcome to Teekay Tankers Ltd. Second Quarter 2024 Earnings Conference Call.

Teekay Tankers Ltd. Reports Second Quarter 2024 Results and Declares Dividend
globenewswire.com01 August 2024 Sentiment: POSITIVE

HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2024 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended June 30, 2024. The cash dividend is payable on August 23, 2024 to all shareholders of record as at August 12, 2024.

Teekay Group to Announce Second Quarter 2024 Earnings Results on August 1, 2024
globenewswire.com24 July 2024 Sentiment: NEUTRAL

HAMILTON, Bermuda, July 24, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the second quarter of 2024 before market open on Thursday, August 1, 2024.

Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend
seekingalpha.com13 June 2024 Sentiment: POSITIVE

Global transport stocks have outperformed the S&P 500, with the US Global Sea to Sky Cargo ETF up 36% YoY. Teekay Tankers leads the performance with its strong balance sheet, EPS growth, debt-free status, and a recent special dividend. While EPS may top out here, TNK sports strong free cash flow, solid valuation multiples, and technical chart support suggesting continued upside.

Teekay Group to Announce Fourth Quarter and Annual 2023 Earnings Results on February 22, 2024
GlobeNewsWire14 February 2024 Sentiment: POSITIVE

HAMILTON, Bermuda, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the fourth quarter and annual 2023 before market open on Thursday, February 22, 2024.

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks? Teekay Thrives In New Breakout Attempt
Investors Business Daily17 January 2024 Sentiment: POSITIVE

Watch to see if Teekay stock can catapult past the prior entry of 7.67, or form yet another base.

What type of business is Teekay?

Teekay Corporation Ltd. engages in the crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services. As of March 1, 2024, the company operated a fleet of approximately 53 owned and chartered-in vessels. It serves energy and utility companies, oil traders, oil consumers and petroleum product producers, government agencies, and other entities that depend upon marine transportation. The company was formerly known as Teekay Corporation and changed its name to Teekay Corporation Ltd. in October 2024. Teekay Corporation Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.

What sector is Teekay in?

Teekay is in the Energy sector

What industry is Teekay in?

Teekay is in the Oil & Gas Midstream industry

What country is Teekay from?

Teekay is headquartered in Bermuda

When did Teekay go public?

Teekay initial public offering (IPO) was on 20 July 1995

What is Teekay website?

https://www.teekay.com

Is Teekay in the S&P 500?

No, Teekay is not included in the S&P 500 index

Is Teekay in the NASDAQ 100?

No, Teekay is not included in the NASDAQ 100 index

Is Teekay in the Dow Jones?

No, Teekay is not included in the Dow Jones index

When was Teekay the previous earnings report?

No data

When does Teekay earnings report?

Next earnings report date is not announced yet