Teekay Tankers Ltd - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 31.27
Dividend & YieldN/A$ (N/A)
Beta -0.01
Market capitalization 1.61B
Operating cash flow 193.26M
ESG Scores unknown

Company description

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.

Sector: Energy - Industry: Oil & Gas Midstream

Financial Ratios
Quick Ratio1.25
Working Capital-2.74
Return On Equity-0.29
Debt To Equity0.36
Fixed Asset Ratio0
Fixed Interest Cover-3

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 90.73M -53.32M -17.29M
Total Cashflows From Investing Activities 8.38M 74.52M 38.14M 51.22M
Net Borrowings -89.63M -415.54M 22.18M -112.03M
Total Cash From Financing Activities -89.76M -416.1M 21.95M -113.05M
Change To Operating Activities 22.26M -10.69M 9.67M -112.22M
Issuance Of Stock
Net Income 41.36M 87.32M -242.37M 229.09M
Change In Cash 36.28M 6.36M -47.22M 131.43M
Effect Of Exchange Rate
Total Cash From Operating Activities 117.66M 347.94M -107.31M 193.26M
Depreciation 97.32M 89.36M 78.96M 99.03M
Change To Account Receivables -114.79M 140.29M -22.75M
Other Cashflows From Financing Activities -126k -562k -225k -1.01M
Change To Netincome -17.27M 53.49M 76.96M -22.63M
Capital Expenditures -11.63M -16.02M -21.45M -15.43M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 61.47M 94.6M -244.3M 229.62M
Net Income 41.36M 87.32M -242.37M 229.09M
Selling General Administrative 36.4M 39.01M 43.72M 41.77M
Gross Profit 289.83M 368.63M 48.07M 389.69M
Ebit 129.43M 212.42M -101.73M 248.88M
Operating Income 129.43M 212.42M -101.73M 248.88M
Interest Expense -67.79M -52.59M -33.89M -35.21M
Income Tax Expense 20.1M 7.28M -1.93M 529k
Total Revenue 943.92M 886.43M 542.37M 1.06B
Cost Of Revenue 654.08M 517.8M 494.3M 673.43M
Total Other Income ExpenseNet -67.96M -117.82M -142.58M -19.27M
Net Income From Continuing Ops 41.36M 87.32M -242.37M 229.09M
Net Income Applicable To Common Shares 41.36M 87.32M -242.37M 229.09M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.24B 761.34M 780.34M 713.65M
Total Stockholder Equity 989.92M 1.08B 838.41M 1.07B
Other Current Liabilities 11.63M 4.57M 1.69M 2.47M
Total Assets 2.23B 1.84B 1.62B 1.78B
Common Stock 1.3B 1.3B 1.3B 1.07B
Other Current Assets 68.53M 35.75M 45.76M 5.8M
Retained Earnings -307.63M -220.32M -462.69M
Treasury Stock
Cash 88.82M 97.23M 50.57M 180.51M
Total Current Liabilities 279.7M 197.12M 157.09M 170.17M
Other Stockholder Equity
Property, Plant, and Equipment 1.77B 1.56B 1.35B 1.3B
Total Current Assets 421.23M 245.41M 245.4M 459.51M
Net Tangible Assets 984.95M 1.07B 834.49M 1.07B
Net Receivables 202.99M 68.08M 89.81M 202.12M
Accounts Payable 70.98M 31.06M 34.83M 89.82M


Insider Transactions

Here are the insider transactions of stock shares related to Teekay Tankers Ltd - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Teekay Tankers Ltd - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Teekay Tankers Ltd - Class A

Here is the result of two systematic investment strategies applied to Teekay Tankers Ltd - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Teekay Tankers Ltd - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Teekay Tankers Ltd - Class A:

Teekay Tankers Ltd - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 21.07% on the backtest period.

Performance at glance

Performance

21.07 %

Latent gain

474.19 $

Invested capital

2250.08 $

Annualized return

5.09 %
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Momentum strategy results on Teekay Tankers Ltd - Class A

This is the result of two momentum investment strategies applied to Teekay Tankers Ltd - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Teekay Tankers Ltd - Class A

The following chart shows all the entries opened by the momentum investment system on Teekay Tankers Ltd - Class A:

Teekay Tankers Ltd - Class A momentum entries
  • The first momentum investment strategy would give 34.61% of return on Teekay Tankers Ltd - Class A. That represents 1818.53$ of latent gain with 5254.34$ of employed capital.
  • The second momentum investment strategy would give 35.81% of return on Teekay Tankers Ltd - Class A. That represents 1615.33$ of latent gain with 4511.08$ of employed capital.
Performance at glance (1Q Momentum)

Performance

34.61 %

Latent gain

1818.53 $

Invested capital

5254.34 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

35.81 %

Latent gain

1615.33 $

Invested capital

4511.08 $

Annualized return

9.78 %

Momentum equity curve on Teekay Tankers Ltd - Class A

The following chart shows the equity curve of the two momentum strategies applied to Teekay Tankers Ltd - Class A:

Teekay Tankers Ltd - Class A momentum equity

Note: the dividends potentially given by Teekay Tankers Ltd - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Teekay Tankers Ltd - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Teekay Tankers Ltd - Class A since the beginning:

Teekay Tankers Ltd - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Teekay Tankers Ltd - Class A

Buy the dip entry openings on Teekay Tankers Ltd - Class A

Teekay Tankers Ltd - Class A

The performance achieved by the robo-advisor on Teekay Tankers Ltd - Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Teekay Tankers Ltd - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Teekay Tankers Ltd - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Teekay Tankers Ltd - Class A

The following chart shows the result of the investment strategy applied to Teekay Tankers Ltd - Class A:

Teekay Tankers Ltd - Class A

Note: the dividends potentially given by Teekay Tankers Ltd - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Teekay Tankers Ltd - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Teekay Tankers Ltd - Class A:

Teekay Tankers Ltd - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Teekay Tankers Ltd - Class A

In this section, I will compare the three previous investment strategies applied to Teekay Tankers Ltd - Class A.

Equity curve comparison on Teekay Tankers Ltd - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Teekay Tankers Ltd - Class A investment strategy comparison

Employed capital comparison on Teekay Tankers Ltd - Class A

Teekay Tankers Ltd - Class A investment comparison

Performance comparison on Teekay Tankers Ltd - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 21.07% 474.19$ 2250.08$ 5.09%
Momentum 1 quarter 34.61% 1818.53$ 5254.34$ 8.87%
Momentum 2 quarters 35.81% 1615.33$ 4511.08$ 9.78%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

5.09 %

Momentum 1Q

9.78 %

Momentum 2Q

9.78 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Teekay Tankers Ltd - Class A:

Positive correlations

Most correlated stocks this year

  • Teekay Tankers Ltd - Class A

  • Most correlated stocks last 3 months

  • Teekay Tankers Ltd - Class A

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Teekay Tankers Ltd - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Teekay Tankers Ltd - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Teekay Tankers Ltd - Class A
    Country Canada
    City Hamilton
    Address Belvedere Building
    Phone
    Website www.teekay.com/business/tankers
    FullTime employees
    Industry Oil & Gas Midstream
    Sector Energy
    Exchange XNYS
    Ticker TNK
    Market www.nyse.com

    Teekay Tankers Ltd - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown