Teekay Tankers (TNK) Expected to Release Quarterly Earnings on Wednesday

Teekay Tankers (NYSE:TNK) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Teekay Tankers to announce earnings of $4.59 per share and revenue of $268.64 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Teekay Tankers Stock Performance

Shares of TNK opened at $100.67 on Monday. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 5.93 and a beta of -0.09. The company’s 50 day simple moving average is $97.15 and its 200 day simple moving average is $79.03. Teekay Tankers has a 1 year low of $50.94 and a 1 year high of $110.65.

Wall Street Analyst Weigh In

Several research firms have commented on TNK. Wall Street Zen cut shares of Teekay Tankers from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. Weiss Ratings raised Teekay Tankers from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Zacks Research cut Teekay Tankers from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Finally, Evercore reaffirmed an “outperform” rating and issued a $116.00 price objective on shares of Teekay Tankers in a research report on Tuesday, October 27th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $95.50.

Insiders Place Their Bets

In other news, Director David Schellenberg sold 7,344 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $100.00, for a total transaction of $734,400.00. Following the completion of the sale, the director directly owned 7,344 shares of the company’s stock, valued at $734,400. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Rohit (Rk2) Kapoor sold 6,375 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $89.28, for a total value of $569,160.00. Following the sale, the director owned 2,126 shares of the company’s stock, valued at approximately $189,809.28. The trade was a 74.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,561 shares of company stock valued at $1,380,350 over the last quarter. Company 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.