Teekay Tankers Ltd (TNK) Tops Q2 EPS by 1c

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Go back to Teekay Tankers Ltd (TNK) Tops Q2 EPS by 1c

Teekay Tankers Ltd. Reports Second Quarter 2016 Results

August 4, 2016 1:28 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 08/04/16 -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter ended June 30, 2016:

---------------------------------------------------------------------------- Three Months Ended (in thousands of U.S. dollars, except June 30, March 31, June 30, share and per share data) 2016 2016 2015 ---------------------------------------------------------------------------- GAAP FINANCIAL COMPARISON Total revenues 139,621 164,950 111,283 Net income 22,486 38,980 45,150 Net income per share 0.14 0.25 0.38 Weighted average number of common shares - basic 156,208,917 156,083,657 116,150,985 NON-GAAP FINANCIAL COMPARISON Adjusted net income (1) 31,600 45,958 41,253 Adjusted net income per share (1) 0.20 0.29 0.35 Free cash flow (1) 59,600 66,218 57,897 (1) These are non-GAAP financial measures. Please refer to "Definitions and Non-GAAP Financial Measures" and... More

Teekay Tankers Declares Dividend

August 4, 2016 12:32 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 08/04/16 -- Teekay Tankers Ltd. (Teekay Tankers) (NYSE: TNK) today announced that its Board of Directors has declared a cash dividend of $0.06 per share for the quarter ended June 30, 2016. The cash dividend is payable on August 19, 2016 to all shareholders of record as at... More