Teekay Tankers (TNK) Set to Post Earnings on Wednesday

Teekay Tankers (NYSE:TNK) is expected to be posting its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to post earnings of $4.69 per share and revenue of $268.64 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Teekay Tankers Stock Performance

NYSE:TNK opened at $95.25 on Tuesday. Teekay Tankers has a fifty-two week low of $50.94 and a fifty-two week high of $110.65. The stock has a market capitalization of $3.29 billion, a P/E ratio of 5.61 and a beta of -0.09. The company’s 50-day simple moving average is $97.24 and its 200-day simple moving average is $79.21.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wall Street Zen lowered shares of Teekay Tankers from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. Weiss Ratings upgraded shares of Teekay Tankers from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Zacks Research downgraded shares of Teekay Tankers from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Evercore reaffirmed an “outperform” rating and issued a $116.00 price target on shares of Teekay Tankers in a report on Tuesday, October 27th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Teekay Tankers has a consensus rating of “Hold” and a consensus target price of $95.50.

Insider Activity at Teekay Tankers

In related news, Director Heidi Locke Simon sold 741 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $90.00, for a total transaction of $66,690.00. Following the transaction, the director directly owned 4,000 shares of the company’s stock, valued at $360,000. This represents a 15.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David Schellenberg sold 7,344 shares of the stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $100.00, for a total value of $734,400.00. Following the completion of the sale, the director owned 7,344 shares of the company’s stock, valued at approximately $734,400. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 14,561 shares of company stock valued at $1,380,350 in the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Teekay Tankers Company Profile

Teekay Tankers Ltd. (NYSE: TNK) is a marine transportation company that owns and operates crude oil and refined petroleum product tankers. Its fleet serves energy companies, commodity traders, government entities and other customers that require the ocean transportation of liquid hydrocarbons.

The company’s activities include vessel ownership, commercial management and technical operation of tankers. Teekay Tankers operates vessels under a combination of spot-market and time-charter arrangements, providing transportation services for crude oil, fuel oil, gasoline, jet fuel and other refined petroleum products.