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Teekay Tankers Ltd. (0EAQ.L)

LSE - LSE Delayed price. Currency in USD
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11.88-0.34 (-2.74%)
At close: 2:57PM BST
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  • D
    DiversaFi
    TNK has inched up about 11% the past 5 or 6 trading days amid little news.
  • C
    Ceejay
    09.08.21 TNK USD 12,28 down 3,5% from yda, on only 67,000 shares traded in 1 1/2 hours. Tremble not.
  • C
    Ceejay
    Re. Comments by subscribers to Yahoo! :-

    The way Top Reactions and Newest Reactions are arranged chrono-logic-ally by Yahoo! makes for NO logic.

    Newest Reactions should be BEFORE Top Reactions, no ?

    And, in Top Reactions the latest subscriber's input (3 days ago) is BELOW the Top Reaction made 18 days ago.

    Please Yahoo! You can still catch up with Subscriber-Spy-Chief-Google.
    But not, if the way you're going about "comments" is Yahoo's! way to win.
  • C
    Catnip
    Before the R/S this company was doing real well with a nice dividend and growth.
    Then along came the R/S and no dividend and look where we are now.
    True the virus had something to do with all this but other carriers are doing much better than we are.
  • B
    Brian
    Was thinking of pulling trigger but bought insw instead. Similar book value discount but more shareholder friendly.
  • C
    Ceejay
    "Tanker Rates could soon receive some positive momentum" reads a headline in today's (7.27) www.hellenicshipping.com website - and TNK tanks 4 1/2 per cent. to USD 11.92.
    Who's right ?
  • H
    Henry
    “DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries (OPEC) and its non-OPEC allies reached a deal Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022 as prices of the commodity hit their highest levels in more than two years.”
  • C
    Ceejay
    08.19.21 TNK USD 10.85 - See www.hellenicshipping today (08.19) on tanker market outlook - if you don't mind getting depressed.
  • T
    Truthbetold
    don't forget this did an 8 for 1 reverse split...without the split we would be trading at $1.50.
  • O
    OURPRECIOUS
    finally rates are going up
  • 二师兄
    now what?
  • C
    Ceejay
    The more Opec+ holds back on increased production when, as now and for the foreseeable future, demand for crude oil and refined products increases, the greater will be the later need for increased crude oil shipments. It's just when, not if.
  • C
    Ceejay
    "Shipping stocks", without the mention of which ones, were given a positive mention on Bloomberg TV
    on 07.12 by a Mr. Armstrong, because of their very low p/e. First time I've heard the 2 words "shipping stocks" mentioned (favourably) on Bloomberg...
  • B
    Budnowiser
    what's going on today? I see in the parking lot so many new big trucks and just a couple of new electric cars. seems oil will not go away any time soon.
  • A
    Anonymous
    Still a book value over $31!!!!
  • C
    Ceejay
    TNK - USD 13.43 on 07.01 midday - down another 7 per cent. on yda's close.
    What is there to say - in an overall continuous, rising market ?

    " I bought into TNK way before Covid-19 became media's obsession in
    February 2020. I screwed up analysing Covid's consequences
    on crude demand and, therefore on its transportation. I have to live
    with its consequences. There will be one more opportunity to be bullish
    on crude fossil fuel transportation, before electrification kicks in.
    The supply of electricity is not yet up to the demands governments impose
    on it to counter fossil-fuel consumption.
  • A
    Anonymous
    Summer doldrums, low volume manipulation. Happens almost every summer. Buying the dips. Volume went up once panic selling started today. Holders playing right into their hands by selling.
  • J
    Jacob
    "reducing our free cash flow breakeven to approximately $10,500 per day through the first quarter of 2021."

    That is stellar. This comes from sound financial planning and good management.
  • f
    fred
    Crude-tanker rates have now reached levels not seen since before the global financial crisis.
    Crude-tanker rates have now reached levels not seen since before the global financial crisis.
    www.freightwaves.com
  • P
    Peter
    Weekly tanker rates for Suezmax and Aframax at $21,000/day and $18,000/day. In last earnings report TNK stated their break even point on spot rates was approximately $10,500 due to long term charter rates secured for several vessels. Sounds like profit. ( thanks Ky Tuong Ly and DiversaFi for correcting my previous post)

    https://www.hellenicshippingnews.com/weekly-tanker-time-charter-estimates-july-22-2020/