Teekay Tankers (NYSE:TNK)

CAPS Rating: 4 out of 5

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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Member Avatar icehercdriver (58.14) Submitted: 7/19/2013 3:55:18 PM : Outperform Start Price: $2.77 TNK Score: +31.43

Long term play. Nat gas looks to be the choice for the foreseeable future for relatively cheap, stable and clean energy.

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Member Avatar EllenBrandtPhD (< 20) Submitted: 2/22/2013 3:13:11 PM : Outperform Start Price: $2.27 TNK Score: +50.73


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.

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Member Avatar NagaTikus (< 20) Submitted: 11/11/2012 11:13:55 PM : Outperform Start Price: $2.82 TNK Score: +2.83

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

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Member Avatar TruffelPig (< 20) Submitted: 10/12/2012 7:52:28 PM : Outperform Start Price: $3.31 TNK Score: -13.74

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.

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Member Avatar stockchaser98664 (30.25) Submitted: 5/11/2012 10:49:28 PM : Outperform Start Price: $4.15 TNK Score: -48.25

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.

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Member Avatar TMFCop (83.34) Submitted: 4/12/2012 10:55:01 AM : Underperform Start Price: $5.00 TNK Score: +60.77

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.

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Member Avatar tallericojr (< 20) Submitted: 2/6/2012 1:49:40 PM : Outperform Start Price: $3.95 TNK Score: -42.67

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.

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Member Avatar gwgw10 (< 20) Submitted: 1/10/2012 5:18:23 PM : Outperform Start Price: $3.46 TNK Score: -34.88

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

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Member Avatar cdvision (64.67) Submitted: 12/19/2011 5:11:01 PM : Outperform Start Price: $2.96 TNK Score: -23.05

In it for the income.

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Member Avatar vinney11 (86.67) Submitted: 10/17/2011 3:39:02 PM : Outperform Start Price: $3.94 TNK Score: -60.29

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.

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Member Avatar Sinton4616 (79.56) Submitted: 9/29/2011 3:30:45 AM : Outperform Start Price: $4.21 TNK Score: -71.35

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.

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Member Avatar GovernmentEntity (< 20) Submitted: 9/9/2011 8:48:01 AM : Outperform Start Price: $4.83 TNK Score: -82.91

http://worldmaritimenews.com/archives/29972

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Member Avatar gattusso69 (< 20) Submitted: 8/4/2011 1:47:12 PM : Outperform Start Price: $5.64 TNK Score: -88.87

bottom is reached

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Member Avatar Maxyld20 (< 20) Submitted: 7/30/2011 1:38:22 AM : Underperform Start Price: $6.66 TNK Score: +89.63

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.

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Member Avatar daddysretirement (< 20) Submitted: 4/16/2011 11:49:29 PM : Outperform Start Price: $8.18 TNK Score: -101.19

Chinese demand for coal is unstoppable.

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Member Avatar Millikan71 (< 20) Submitted: 4/5/2011 2:24:05 PM : Outperform Start Price: $8.25 TNK Score: -98.17

PAYS A GOOD DIVIDEND.

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Member Avatar vabalog (< 20) Submitted: 3/11/2011 2:26:21 PM : Outperform Start Price: $7.81 TNK Score: -98.47

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

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Member Avatar EagleTraderOne (< 20) Submitted: 2/25/2011 7:44:41 AM : Outperform Start Price: $8.22 TNK Score: -100.36

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

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Member Avatar 5SsmallcapDIV (77.25) Submitted: 1/18/2011 10:26:59 AM : Outperform Start Price: $9.73 TNK Score: -110.72

5 STAR, Small-cap, dividend payer

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Member Avatar calbarclay (< 20) Submitted: 8/24/2010 11:08:52 AM : Underperform Start Price: $8.76 TNK Score: +139.83

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

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