Teekay Tankers (NYSE:TNK)

I'm not buying yet, but I think it has bottomed on what is actually positive - better than expected - news on both the revenues and the dividend front, believe it or not! (Yes, it's pathetic. But LESS pathetic.)

I still think the time to plunge big - if we get through the Sequester battle, Brent stays well supported, and the Worldwide Growth story is back positive into the Spring - would be about May, since this entire group is Seasonal AGAINST the rest of the Market.

When it is back to normal again - if this is the year, we still don't know - its High Season is summer into early Fall, when all the big conferences occur.

Safety in numbers; their parent company will keep them afloat, OK!

There must be a bottom somewhere - just trying to catch it here. Probably again too early but eventually oil must recover and they park Iran oil now in some tankers because of the embargo.

The current debt and inventory that has been put on Teekay Tankers by its parent company Teekay Corporation has defalted the stock a bit. I think there will be an increase over time.

It won't be able to surmount the severe glut of ships on the seas for some time to come. With even more ships due this year, the market will remain depressed for awhile.

With the economy turning around a bit, and automotive industries selling more cars, oil will be a necessity. Teekay Tankers will reap the rewards of this pickup.

Tanker markets are at their absolute worst right now. You can't make a worse case than oversupply during a global economic downturn. Day rates are at historic lows. However, Teekay Tankers has 60 % of their ships locked into fixed rate contracts well above current spot market day rates. This insures a good revenue stream until the end of 2012 at least and I believe 50% of their ships are on fixed rate through 2013. This gives time for the tanker market to recover (whether it be through demand recovering or supply decreasing or both) while TNK has a stable revenue stream and if you don't think the dayrates will go much lower there is not much to make you think they will decrease their dividend further. Last quarter they paid out $0.15 divvy. So while you wait for the tanker markets to recover you collect your 10+% divvy. When the tanker market and day rates do recover and TNK can start increasing their dividends again, you could be collecting a 20+% annual dividend on your cost basis today. Not to mention the capital gains. I feel this is a strong buy under $5

In it for the income.

Beaten down oil tanker business should recover, but it will take a couple of years. Don't buy this if you're looking to score in the next 12 months.

Currently trading well below the 50 and 200 day average. Stock reached new low yesterday due to hold downgrade; however it is currently paying a good dividend. Look for stock to drop a bit more but rebound due to investors looking for somewhere to make money on. Short term gamble.

http://worldmaritimenews.com/archives/29972

bottom is reached

TNK underperform due to the over supplyl of tankers. The oversupply of tankers caused by overexpansion of fleet size causes a 14 % vacancy factor, which leads to a collapse in stock prrices.
The huge 20% yield is a result of very inefficient business practices.

Chinese demand for coal is unstoppable.

PAYS A GOOD DIVIDEND.

Solid dividend, solid business, should do very well over the next year when the rest of the market is in turmoil.

Giving these 5 stocks a BUY rating. At these prices they are a great value. NEP, TNK, XRTX,TSYS, CH

5 STAR, Small-cap, dividend payer

This stock has paid it's dividend and interest in it will fall for a few weeks.