Teekay Tankers Ltd's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 25 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 67.25.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Teekay Tankers Ltd's Score
Industry at a Glance
Industry Ranking
25 / 97
Overall Ranking
107 / 4521
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Teekay Tankers Ltd Highlights
StrengthsRisks
Teekay Tankers Ltd. is a Bermuda-based company. The Company's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The Company owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The Company also owns a crude carrier (VLCC) through a joint venture. It owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.23B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 25.47%.
Overvalued
The company’s latest PB is 1.19, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.89M shares, decreasing 16.27% quarter-over-quarter.
Teekay Tankers Ltd. is a Bermuda-based company. The Company's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The Company owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The Company also owns a crude carrier (VLCC) through a joint venture. It owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.