Shipping Industry Rises 20.6% in 6 Months: More Room to Run? [Yahoo! Finance]
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: Yahoo! Finance
The buoyant demand scenario pertaining to the export of LPG, like propane, has served the U.S. economy well. The country is the largest exporter of gases like propane and butane. This has boosted the prospects of transporters of LPG. Notably, seaborne LPG gas volumes have been on the rise since the pandemic. With the reopening of the China economy, the entire shipping industry heaved a sigh of relief. Notably, ocean shipping is hugely dependent on China. This is because China is not only a key manufacturing hub but also sees significant demand for goods and services, courtesy of the country's large population. Additionally, as fuel expenses represent a key input cost for any transportation player, the fall in oil prices bodes well for the bottom-line growth of shipping stocks. Notably, oil prices declined 1% in the past six months. Partly due to these aforementioned tailwinds, the industry has gained 20.6% in the past six months, outperforming the S&P 500 Index's northward movem
Show less
Read more
Impact Snapshot
Event Time:
TNK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TNK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TNK alerts
High impacting Teekay Tankers Ltd. news events
Weekly update
A roundup of the hottest topics
TNK
News
- Are Investors Undervaluing Teekay Tankers (TNK) Right Now? [Yahoo! Finance]Yahoo! Finance
- Returns On Capital Are A Standout For Teekay Tankers (NYSE:TNK) [Yahoo! Finance]Yahoo! Finance
- Teekay Tankers: Low Tanker Fleet Growth Points To Years Of High Profits [Seeking Alpha]Seeking Alpha
- Teekay Tankers (NYSE:TNK) shareholders have earned a 50% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Teekay Tankers Ltd. (NYSE: TNK) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
TNK
Earnings
- 2/22/24 - Miss
TNK
Sec Filings
- 4/19/24 - Form 6-K
- 3/15/24 - Form 20-F
- 3/5/24 - Form 144
- TNK's page on the SEC website