Teekay Tankers (TNK) falls 0.81% to Close at $12.25 on September 14

Equities Staff  |

Teekay Tankers Ltd - Class A (NYSE: TNK), a Vancouver, British Columbia, company, fell to close at $12.25 Tuesday after losing $0.1 (0.81%) on volume of 194,023 shares. The stock ranged from a high of $12.51 to a low of $12.03 while Teekay Tankers’s market cap now stands at $356,623,789.

About Teekay Tankers Ltd - Class A

Teekay Tankers currently has a fleet of 52 double-hull tankers (including 26 Suezmax tankers, 17 Aframax tankers and nine LR2 product tankers), and also has four time chartered-in tankers. Teekay Tankers' vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture. In addition, Teekay Tankers owns a ship-to-ship transfer business that performs full service lightering and lightering support operations in the U.S. Gulf and Caribbean. Teekay Tankers was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business.

Visit Teekay Tankers Ltd - Class A’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Teekay Tankers Ltd - Class A and to follow the company’s latest updates, you can visit the company’s profile page here: Teekay Tankers Ltd - Class A’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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