Teekay Tankers Ltd.

NYSE TNK

Teekay Tankers Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2023: USD 17.26 M

Teekay Tankers Ltd. Net Cash Used For Investing Activities is USD 17.26 M for the year ending December 31, 2023, a -66.29% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Teekay Tankers Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD 51.22 M, a 34.27% change year over year.
Teekay Tankers Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD 38.14 M, a -48.81% change year over year.
Teekay Tankers Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD 74.52 M, a 789.22% change year over year.
Teekay Tankers Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD 8.38 M, a 286.55% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

NYSE: TNK

Teekay Tankers Ltd.

CEO	Mr. Kenneth Hvid
IPO Date	Dec. 13, 2007
Location	Canada
Headquarters	Belvedere Building
Employees	1,590
Sector	Industrials
Industries Maritime Shipping Cruise Lines

Description

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.

Key trends

Past 5 years