Teekay Tankers (NYSE:TNK)
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Teekay Tanker owns and operates a fleet of oil tankers that it charters using fixed-rate contracts and offers on the spot market.
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Teekay Tanker owns and operates a fleet of oil tankers that it charters using fixed-rate contracts and offers on the spot market.
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Teekay Tanker (TNK) owns and operates a fleet of oil tankers that it charters using fixed-rate contracts and offers on the spot market. The main attraction here is the hefty dividend. At the current price of $10.49 the p/e is about 13.
Can this anchor sink any further?
Time to get in quick and risk bankruptcy in order to ride the tiger to higher and higher oil prices and higher and higher shipping costs.
This is a not quite a roll of the dice, but it's close.
this could be a life changing stock--they are a low dollar stock that pays a div.if the keystone ever gets built,then there will be more business for oil tankers.the united states should be a net exporter of fuel by 2020.i will look in the clean tanker section for a bargain stock.their fleet is all relatively new double hull tankers--this makes a difference --all countries will soon require double hulls---china already requires double hull. i would put in a bid for a even lower price and hope for a bad day in the market.i would also put in a bid for a ridiculously low price--sometimes the market gives gifts--but you do have to have that bid in.most investors consider stocks priced this low to be like buying options.just keep the percentage of your portfolio that you invest in risky stocks very low