Teekay Tankers Ltd (TNK) Misses Q3 EPS by 5c
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Teekay Tankers Ltd. Reports Third Quarter 2015 Results
November 5, 2015 1:31 AM ESTHAMILTON, BERMUDA -- (Marketwired) -- 11/05/15 -- Highlights
-- Reported third quarter 2015 adjusted net income attributable to shareholders(1) of $40.3 million, or $0.30 per share, compared to $2.6 million, or $0.03 per share, in the same period of the prior year. -- Generated third quarter 2015 free cash flow(2) of $59.4 million, or $0.44 per share, compared to $16.2 million, or $0.19 per share, in the same period of the prior year. -- From mid-August through mid-October 2015, took delivery of 12 modern, on-the-water Suezmax tankers acquired from Principal Maritime Tankers for $662 million. -- In July 2015, acquired a leading global ship-to-ship transfer business, SPT Inc., for a purchase price of $45.5... More