Teekay Tankers Ltd (TNK) Misses Q2 EPS by 25c, Revenues Beat

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Go back to Teekay Tankers Ltd (TNK) Misses Q2 EPS by 25c, Revenues Beat

Teekay Corporation Reports Second Quarter 2021 Results

August 5, 2021 2:00 AM EDT

Highlights

GAAP net loss attributable to shareholders of Teekay of $1.8 million, or $0.02 per share, and adjusted net income attributable to shareholders of Teekay(1) of $30 thousand in the second quarter of 2021 (excluding items listed in Appendix A to this release).Total adjusted EBITDA(1) of $171.9 million in the second quarter of 2021.Teekay Parent reduced its asset retirement obligation (ARO) associated with the Banff FPSO by approximately $33 million in the second quarter of... More