TNK
Teekay Tankers Ltd.
TNK's fundamentals are strong: its operating margin rose 13 points to 39% and it turned 32% of its revenue into free cash flow. Its PE of 5.2x looks cheaper than it really is, because one-off gains boosted its recent earnings. Analysts expect strong earnings growth, though they disagree widely on how much.
TNK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
TNK's revenue, profitability, cash flow and balance sheet are all currently healthy.
TNK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.1x | $52.36 | -41% |
| Forward | 3.2x | $88.50 | — |
| Fair | 4.1x | $68.98 | -22% |
| Current | 5.2x | $88.50 | — |
| Expensive | 6.2x | $105 | +18% |
Historical ranges are pointers, not guarantees.
TNK's PE is in its fair range at 5.2x, but its recent earnings include one-off gains. If earnings grow as analysts expect, today's price would be 3.2x next year's earnings, in its cheap range.
TNK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for TNK, with profitability improving. However, they disagree widely on these estimates.
TNK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $27.74 | +63% |
| Q2 2026 | $16.97 | +111% |
| Q1 2026 | $12.30 | +30% |
| Q4 2025 | $10.09 | -13% |
| Q3 2025 | $9.00 | -28% |
| Q2 2025 | $8.05 | -38% |
| Q1 2025 | $9.45 | -34% |
| Q4 2024 | $11.56 | -22% |
| Q3 2024 | $12.42 | -22% |
TNK earned $16.97 per share over the past year, up 111% from the year before. Its recent earnings include one-off gains.
TNK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $379.5M | +63% |
| Q1 2026 | $286.1M | +24% |
| Q4 2025 | $258.3M | -26% |
| Q3 2025 | $229M | -5.9% |
| Q2 2025 | $232.9M | -29% |
| Q1 2025 | $231.6M | -37% |
| Q4 2024 | $351.1M | +12% |
| Q3 2024 | $243.3M | -15% |
TNK's revenue is growing: $380M last quarter, up 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 50% | +26 points |
| Q1 2026 | 44% | +12 points |
| Q4 2025 | 34% | +9.7 points |
| Q3 2025 | 19% | -2.6 points |
| Q2 2025 | 24% | -9 points |
| Q1 2025 | 32% | -7.2 points |
| Q4 2024 | 25% | -8.1 points |
| Q3 2024 | 22% | -7 points |
TNK's operating margin was 50% last quarter, up 26 points from the same quarter a year ago, near the top of its range since 2019.
TNK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $243.7M | +1520% |
| Q1 2026 | $76.6M | +50% |
| Q4 2025 | $99.9M | +14% |
| Q3 2025 | -$53.3M | -221% |
| Q2 2025 | $15M | -89% |
| Q1 2025 | $51M | -62% |
| Q4 2024 | $87.3M | -32% |
| Q3 2024 | $44.2M | -65% |
TNK still generates free cash flow, though less than at its 2026 peak: $367M over the past year.
TNK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +4K shares |
| 1 year | +0.5% | +174K shares |
| 3 years | +1.1% | +367K shares |
| 5 years | +3.4% | +1.2M shares |
| Available history | +3.8% | +1.3M shares |
TNK has 35M diluted shares, up 0.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
TNK hasn't bought back shares in the past year.
TNK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -1.8x | Net Cash |
| Q3 2025 | -1.7x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.4x | Net Cash |
| Q4 2024 | -0.9x | Net Cash |
| Q3 2024 | -0.8x | Net Cash |
TNK has more cash than debt.
TNK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.2 | Neutral |
| Stochastic | 47.6 | Neutral |
TNK's weekly RSI is 51 (neutral) and its Stochastic is 48 (neutral).
TNK PE vs Energy Sector
| Metric | TNK | Sector median | Relative |
|---|---|---|---|
| PE | 5.2x | 13x | 60% below |
| PE % | 65 | 61 | 4 pts above |
TNK is trading at 5.2x earnings, a 60% discount to the Energy sector's median of 13x, though its recent earnings include one-off gains.
TNK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $96.8 | 8.6% below |
| 20 week MA | $88.9 | 0.4% below |
| 50 week MA | $76.7 | 15% above |
| 100 week MA | $61.3 | 44% above |
| 200 week MA | $55.5 | 59% above |
TNK has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 59% above its 200-week average.
TNK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.1 | $11.4 | -51% |
| 2021 | $11.4 | $11.4 | +0.4% |
| 2022 | $11.4 | $31.5 | +177% |
| 2023 | $31.5 | $50.0 | +58% |
| 2024 | $50.0 | $38.9 | -22% |
| 2025 | $38.9 | $54.3 | +40% |
| 2026 YTD | $54.3 | $88.5 | +63% |
TNK's yearly returns have swung widely, from +177% in 2022 to −51% in 2020. It's up 63% so far in 2026.