HAMILTON, Bermuda, June 09, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2024 Sustainability Report, which can be accessed on the Teekay Group's website by clicking here.
Teekay Corporation Ltd. (NYSE:TK ) Q1 2025 Results Conference Call May 8, 2025 11:00 AM ET Company Participants Kenneth Hvid - President, CEO & Director Christian Waldegrave - Director, Research & Commercial Performance Conference Call Participants Jon Chappell - Evercore ISI Omar Nokta - Jefferies Ken Hoexter - Bank of America Operator Welcome to the Teekay Group First Quarter 2025 Earnings Results Conference Call.
OPEC+ is increasing oil production, leading to a supply glut and rising tanker rates, benefiting Teekay Tankers significantly. TNK's large spot market fleet positions it to capitalize on elevated tanker rates, despite modest Q1 results. Elevated tanker rates could result in substantial dividends for TNK investors, with special dividends already planned for May and July 2025.
![]() TK In 1 weeks Announced | Other | $1 Per Share |
![]() TK 6 months ago Paid | Other | $1 Per Share |
![]() TK 20 May 2024 Paid | Other | $2.25 Per Share |
![]() TK 4 Nov 2021 | Other | $0.29 Per Share |
![]() TK 31 Jan 2019 Paid | Quarterly | $0.06 Per Share |
31 Oct 2024 Date | | - Cons. EPS | 0.21 EPS |
1 Aug 2024 Date | | - Cons. EPS | 0.36 EPS |
9 May 2024 Date | | - Cons. EPS | 0.57 EPS |
22 Feb 2024 Date | | - Cons. EPS | - EPS |
21 Feb 2024 Date | | - Cons. EPS | - EPS |
![]() TK In 1 weeks Announced | Other | $1 Per Share |
![]() TK 6 months ago Paid | Other | $1 Per Share |
![]() TK 20 May 2024 Paid | Other | $2.25 Per Share |
![]() TK 4 Nov 2021 | Other | $0.29 Per Share |
![]() TK 31 Jan 2019 Paid | Quarterly | $0.06 Per Share |
31 Oct 2024 Date | | - Cons. EPS | 0.21 EPS |
1 Aug 2024 Date | | - Cons. EPS | 0.36 EPS |
9 May 2024 Date | | - Cons. EPS | 0.57 EPS |
22 Feb 2024 Date | | - Cons. EPS | - EPS |
21 Feb 2024 Date | | - Cons. EPS | - EPS |
Oil & Gas Midstream Industry | Energy Sector | Mr. Kenneth Hvid CEO | SET Exchange | BMG8726T1053 ISIN |
BM Country | 2,330 Employees | 2 Jul 2025 Last Dividend | 18 May 2004 Last Split | 19 Jul 1995 IPO Date |
Teekay Corporation is a leading entity in the domain of international marine transportation, focusing primarily on the crude oil sector. Established in 1973 and headquartered in Hamilton, Bermuda, it has carved a niche in the market through its global operations. Teekay’s business operations encompass the ownership and operation of a diversified fleet of crude oil and refined product tankers. The company’s services are integral to the operational frameworks of energy and utility companies, major oil traders, large oil consumers, petroleum product producers, government agencies, and various entities reliant on marine transport. As of March 1, 2024, Teekay Corporation boasts an impressive operational capacity with approximately 53 owned and chartered-in vessels, showcasing a significant footprint in its industry.
Teekay Corporation owns and operates a fleet that includes crude oil and refined product tankers. These vessels are essential for the transportation of bulk liquid cargoes around the globe, catering to the needs of the global energy market.
The company offers specialized support services that are critical for efficient and safe ship-to-ship transfer operations. This includes the transfer of crude oil, petroleum products, and other commodities between ships positioned alongside each other, either while stationary or underway.
Teekay provides comprehensive commercial management services for tanker operations. This encompasses chartering, operational management, and oversight of day-to-day activities, ensuring optimal performance and compliance with the industry standards and regulations.
This suite of services is designed to ensure the operational efficiency and maintenance of the fleet. Teekay Corporation employs expert marine personnel and utilizes cutting-edge technology to offer routine maintenance, repair, and operational oversight, guaranteeing the vessels' safety, reliability, and longevity.