Teekay Tankers Ltd. Reports Third Quarter 2022 Results
Teekay Tankers Ltd. reported its financial results for Q3 2022, showcasing a fleet of 44 double-hull tankers, including 25 Suezmax and 10 Aframax tankers. The company employs a mix of fixed-rate time charters and spot trading for its vessels. Additionally, it operates a ship-to-ship transfer business in the U.S. Gulf and Caribbean. As of Q3 2022, Teekay continues its operations under the NYSE symbol TNK.
- Fleet comprises 44 double-hull tankers, enhancing operational capacity.
- Diverse revenue streams through fixed-rate charters and spot trading.
- None.
HAMILTON, Bermuda, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended September 30, 2022:
The full earnings release and earnings presentation are available on the Company’s website here.
About Teekay Tankers
Teekay Tankers currently has a fleet of 44 double-hull tankers (including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers), and also has four time chartered-in tankers. Teekay Tankers’ vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business that performs full service lightering and lightering support operations in the U.S. Gulf and Caribbean. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its oil tanker business.
Teekay Tankers’ Class A common stock trades on the New York Stock Exchange under the symbol “TNK.”
For Investor Relations
enquiries contact:
E-mail: TeekayTankers@IGBIR.com
Website: www.teekay.com
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