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Teekay Tankers Ltd (TNK)

TNK on New York Consolidated

2.43USD
5 Dec 2016
Change (% chg)

$0.09 (+3.85%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Teekay Tankers Q1 adjusted earnings per share $0.29
Thursday, 19 May 2016 02:20am EDT 

Teekay Tankers Ltd : Declared cash dividend of $0.09 per share for q1 of 2016 . Teekay tankers ltd. Reports first quarter 2016 results . Q1 adjusted earnings per share $0.29 . Q1 revenue $152.1 million versus i/b/e/s view $160.1 million . Q1 earnings per share view $0.37 -- Thomson Reuters I/B/E/S .Q1 gaap earnings per share $0.25 including items.  Full Article

Teekay Tankers Ltd announces new dividend policy; secures new $900 mln debt facility
Monday, 14 Dec 2015 06:58am EST 

Teekay Tankers Ltd:Approved a new dividend policy, effective immediately, under which the Company intends to pay out 30 to 50 percent of its quarterly adjusted net income, with a minimum quarterly dividend of $0.03 per share.Declared a fourth quarter cash dividend of $0.12 per share, representing a 400 percent increase from the previous fixed dividend of $0.03 per share.Cash dividend is payable on February 12, 2016 to all shareholders of record as at February 2, 2016.Also announced today that it has secured a new $900 million long-term debt facility that will mature in January 2021.New facility will be used to refinance 36 of the Company's existing vessels, including the recently-acquired vessels that are secured by the Company's two bridge loan facilities which mature in early-2016.New facility includes both a term loan and a revolving credit facility component, which will stretch out the Company's debt maturity profile as well as provide financial flexibility.  Full Article

Teekay Tankers Ltd declares cash dividend
Monday, 5 Oct 2015 06:50am EDT 

Teekay Tankers Ltd:Declares cash dividend of $0.03 per share.Payable on Oct. 30 to all shareholders of record as at Oct. 16.  Full Article

Teekay Tankers Ltd to acquire 12 modern Suezmax tankers
Wednesday, 5 Aug 2015 08:30am EDT 

Teekay Tankers Ltd:Agrees to acquire 12 modern suezmax tankers; expects immediate accretion upon delivery.Deal for $662 million.Says acquisition is expected to be immediately accretive to Teekay tankers' earnings.Says acquisition is fully financed and will not materially impact Teekay tankers' financial leverage.Says vessels included in the transaction are scheduled to deliver to Teekay Tankers by the end of Oct. 2015.Says acquisition transaction has been approved by the board of directors of both Teekay Tankers and principal.  Full Article

Teekay Tankers Ltd declares dividend
Thursday, 2 Jul 2015 08:38pm EDT 

Teekay Tankers Ltd:Declares cash dividend of $0.03 per share for quarter ended June 30, 2015.Says cash dividend is payable on July 31, to all shareholders of record as at July 17.  Full Article

Teekay Tankers Ltd declares dividend
Thursday, 2 Apr 2015 05:12pm EDT 

Teekay Tankers Ltd:Declares cash dividend of $0.03 per share for the quarter ended March 31.Payable on April 30 to all shareholders of record as at April 17.  Full Article

Teekay Tankers Ltd declares dividend
Friday, 2 Jan 2015 09:00am EST 

Teekay Tankers Ltd:Declared cash dividend of $0.03 per share for quarter ended Dec. 31, 2014.Says cash dividend is payable on Jan. 30, 2015 to all shareholders of record as at Jan. 20, 2015.  Full Article

Teekay Tankers Ltd announces pricing of public offering of Class A common stock
Friday, 19 Dec 2014 09:15am EST 

Teekay Tankers Ltd:Prices its follow-on public offering of 20,000,000 shares of Class A common stock at $4.80 per share.Teekay Tankers has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of Class A common stock.Teekay Corporation is also purchasing $20 mln of Class A common stock of the Company at the same price per share to the public.Expects to use net offering proceeds and proceeds from Teekay Corporation's investment to partially finance previously announced acquisition of four modern coated Aframax tankers and one modern uncoated Aframax tanker and for general corporate purposes.  Full Article

Teekay Tankers Ltd agrees to acquire Five Modern Aframax Tankers
Thursday, 18 Dec 2014 09:27am EST 

Teekay Tankers Ltd:Says it has agreed to acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of about $230 million.The five vessels, which are expected to be delivered in first quarter of 2015, were constructed in 2008, 2010 and 2011 at top tier shipyards in Japan and China.Upon delivery, vessels will trade in Teekay-managed Taurus LR2 Pool and Aframax RSA.  Full Article

BRIEF-Teekay Tankers Q3 GAAP loss per share of $0.03

* Teekay tankers-expects tanker market to improve over coming winter months