Teekay Corporation Reports Fourth Quarter and Annual 2022 Results

Rhea-AI Summary

Teekay Corporation (NYSE: TK) released its earnings report for the three and twelve months ending December 31, 2022. As a leading provider of marine transportation services, Teekay operates a fleet valued at approximately $2 billion, comprising around 65 conventional tankers and various marine assets. The company serves major energy corporations globally, employing about 2,500 personnel across eight countries. For further details, the full earnings release can be accessed on their website.

Positive

• Teekay operates a substantial fleet valued at $2 billion.
• The company manages approximately 65 conventional tankers.

Negative

• None.

HAMILTON, Bermuda, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2022.

The full earnings release is available on the Company’s website here.

About Teekay

Teekay is a leading provider of international crude oil and other marine transportation services. Teekay provides these services directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), one of the world’s largest owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate total assets under management of approximately $2 billion, comprised of approximately 65 conventional tankers and other marine assets, including vessels operated for the Australian government. With offices in 8 countries and approximately 2,500 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading energy companies.

Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.

For Investor Relations
enquiries contact:

E-mail: investor.relations@teekay.com
Website: www.teekay.com

FAQ

What were Teekay's earnings results for December 2022?

Teekay Corporation reported its earnings for the three and twelve months ended December 31, 2022.

How many tankers does Teekay operate?

Teekay operates approximately 65 conventional tankers as part of its fleet.

What is the stock symbol for Teekay?

Teekay's stock is listed under the symbol 'TK' on the New York Stock Exchange.

Where can I find Teekay's full earnings release?

Teekay's full earnings release is available on the company's website.

How many employees does Teekay have?

Teekay employs about 2,500 seagoing and shore-based personnel.