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Teekay Tankers: Q4 Earnings Snapshot

Teekay Tankers Ltd. (TNK) on Thursday reported net income of $146.4 million in its fourth quarter. The Hamilton, Bermuda-based company said it had net income of $4.25 per share. Earnings, adjusted for non-recurring costs, came to $4.33 per share. The oil and gas shipping company posted revenue of $367.3 million in the period. Its adjusted revenue was $235.3 million.

By AP News
Published - Feb 23, 2023, 05:29 AM ET
Last Updated - Apr 11, 2024, 10:51 AM EDT

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Teekay Tankers Ltd. (TNK) on Thursday reported net income of $146.4 million in its fourth quarter. 

The Hamilton, Bermuda-based company said it had net income of $4.25 per share. Earnings, adjusted for non-recurring costs, came to $4.33 per share. 

The oil and gas shipping company posted revenue of $367.3 million in the period. Its adjusted revenue was $235.3 million. 

For the year, the company reported profit of $229.1 million, or $6.68 per share. Revenue was reported as $567.5 million. 

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