Teekay Tankers Ltd. (TNK) Dividend Summary

Teekay Tankers Ltd. is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd. owns a fleet of nine double-hull Aframax-class oil tankers, which an affiliate of Teekay Corporation manages under a mix of spot-market trading and short- or medium-term fixed-rate time-charter contracts. In addition, Teekay Corporation will offer to Teekay Tankers Ltd. within eighteen months of the initial public offering the opportunity to purchase up to four Suezmax-class oil tankers. Teekay Tankers Ltd. intends to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors.

Last update 03/04/2010


Dividend Yield Summary

  2009 2008 2009 2010 2011 2012
Dividends $1.6 $3.6 $0 $0 $0 $0
Price $8.3 $10.76 $0 $0 $0 $0
Yield 19.28 % 33.46 % 0 % 0 % 0 % 0 %

Earnings Information

Next Report Date 12/10/2009
Estimated EPS (year) $1.15
Estimated EPS (quarter) $0.10
Estimated EPS Growth 0.00%
Payout Ratio 1.07%
Payout change vs. 5 year average 0.00%

Dividend/Split History

Date Amount Per Share/Split Ratio Type
2010-03-15 $0.26000 Dividend
2009-11-27 $0.15000 Dividend
2009-08-31 $0.40000 Dividend
2009-05-29 $0.59000 Dividend
2008-08-22 $0.90000 Dividend

Company Profile

Teekay Tankers Ltd. is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd. owns a fleet of nine double-hull Aframax-class oil tankers, which an affiliate of Teekay Corporation manages under a mix of spot-market trading and short- or medium-term fixed-rate time-charter contracts. In addition, Teekay Corporation will offer to Teekay Tankers Ltd. within eighteen months of the initial public offering the opportunity to purchase up to four Suezmax-class oil tankers. Teekay Tankers Ltd. intends to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors.


TEEKAY TANKERS

Key Information

Sector: Transportation
Industry: TRANSPORTATION
Analysts 5
Fiscal Year End: December
Next Reported Fiscal Year: 2008
Last Reported Quarter: 6/30/2009

Competitors

SIC Code: 4499
Ticker Company Name
TK TEEKAY CORP
ANW AEGEAN MARINE
FRO FRONTLINE LTD
ALEX ALEX & BALDWIN
OSG OVERSEAS SHIPHO
TDW TIDEWATER INC
KEX KIRBY CORP

Teekay Tankers Ltd. TNK (NYSE) Financial Ratios

 P/E
Current FY Estimate 7.24
Trailing 12 Months 3.76
PEG Ratio 0.00
 EPS Growth
vs. Previous Year -44.12%
vs. Previous Quarter -19.15%
 Sales Growth
vs. Previous Year -13.26%
vs. Previous Quarter 1.64%
 Price Ratios
Price/Book 0.95
Price/Cash Flow 2.36
Price/Sales 1.19
 ROE
06/30/2009 36.38
03/30/2009 46.12
12/30/2008 44.79
 ROA
06/30/2009 11.01
03/30/2009 12.85
12/30/2008 14.41
 Current Ratio
06/30/2009 1.76
03/30/2009 1.63
12/30/2008 2.18
 Quick Ratio
06/30/2009 0.00
03/30/2009 1.63
12/30/2008 2.18
 Operating Margin
06/30/2009 40.72
03/30/2009 44.57
12/30/2008 47.48
 Net Margin
06/30/2009 36.60
03/30/2009 39.00
12/30/2008 40.02
 Pre-Tax Margin
06/30/2009 33.99
03/30/2009 36.92
12/30/2008 35.95
 Book Value
06/30/2009 8.71
03/30/2009 4.74
12/30/2008 4.89
 Inventory Turnover
06/30/2009 0.00
03/30/2009 0.00
12/30/2008 0.00
 Debt-to-Equity
06/30/2009 1.39
03/30/2009 2.65
12/30/2008 2.66
 Debt-to-Capital
06/30/2009 58.23
03/30/2009 72.61
12/30/2008 72.67

Quick Quote

Updated as of 4:01pm
Last Trade: 11.10
Trade Time: 4:01pm
Change: +0.41
Open: 10.75
High: 11.11
Low: 10.75
Volume: 417,454


Security Details

Exchange NYSE
CUSIP
Split Date -
Split Factor 0
Shares outstanding 19.50
Beta 0.75


Detailed Quote as of 09/22/2009

Price $8.30
52 Week High $19.25
52 Week Low $6.22
Price Change (4 weeks) $-10.85
Price Change (12 weeks) $-7.78
Price Change (YTD) $-34.65
Price Change (4 weeks) vs. S&P $-14.37
Price Change (12 weeks) vs. S&P $-20.67
Price Change (YTD) vs. S&P $-44.74
Average Daily Volume (20 Days) 377,549
Market Capitalization $161.85

Price History

Earning Announcement

Last Confirmation Date 2010-03-01
Next Earnings Announcement Date 2010-03-04
Earnings Quarter Q4
Announcement Status Confirmed

Investor Conference Call

Date 2010-03-04
Time 12:30:00
URL Conference Call Information

Last Dividend Payout

Announcement Date 2010-02-24
Record Date 2010-03-08
Pay Date 2010-03-15
Amount Per Share $0.26

Board Shareholder Meeting

First Quarter 2008-05-14
Second Quarter 2008-08-07
Third Quarter 2008-12-18
Fourth Quarter 2009-05-15
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