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Stock impact report

Teekay Tankers: Approaching A Cyclical High [Seeking Alpha]

Teekay Tankers Ltd. (TNK) 
Last teekay tankers ltd. earnings: 2/27 02:00 am Check Earnings Report
US:NYSE Investor Relations: teekay.com/investors/teekay-tankers-ltd
Company Research Source: Seeking Alpha
The stock is likely nearing a cyclical peak (if it has not already passed). Current spot market rates are strong but beginning to trend downward. Political uncertainty and potential recession risks could negatively impact TNK. Getting out early profitably puts an investor ahead of those that are caught holding too long. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » Dmitri Toms/iStock via Getty Images At the end of the third quarter, Teekay ( TK ) corporation owned 10.6 million shares of Teekay Tankers ( TNK ). That significant block of shares gives Teekay effective control of Teekay Tankers. Teekay More on my IG service I analyze oil and gas companies and related companies like Teekay Tankers in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive pos Show less Read more
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