Teekay Corporation Reports Third Quarter 2022 Results

Rhea-AI Summary

Teekay Corporation (NYSE: TK) reported its financial results for Q3 2022, highlighting its position as a major crude oil and marine transportation service provider. The company operates about 60 tankers and marine assets globally, employing around 2,500 staff across 8 countries. Teekay is significantly involved through its controlling interest in Teekay Tankers Ltd., a key player in the mid-sized crude tanker sector. Investors can access the full earnings release on the company’s website.

Positive

• Teekay operates approximately 60 conventional tankers and marine assets, indicating strong operational capacity.
• The company has a controlling interest in Teekay Tankers Ltd., enhancing its position in the mid-sized crude tanker market.

Negative

• None.

HAMILTON, Bermuda, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the quarter ended September 30, 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 approximately 60 conventional tankers and other marine assets. 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 and the Australian government.

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 Corporation's Q3 2022 financial results?

Teekay Corporation reported its financial results for Q3 2022, highlighting its operations in crude oil transportation.

How many tankers does Teekay Corporation operate?

Teekay Corporation operates approximately 60 conventional tankers and other marine assets.

What is Teekay Corporation's stock symbol?

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

Where can I find the full earnings release for Teekay Corporation?

The full earnings release for Teekay Corporation is available on their website.