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Stock impact report

Teekay Slowly Turns Around [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
Teekay Slowly Turns Around Summary The long stock decline appears to finally be at an end. Trade wars do not affect this company nor its subsidiaries. Cash flow appears to be finally increasing over the previous year. There are enough shareholdings to pay down long-term debt to a minor amount. The need for a parent company bailout of Teekay Tankers has decreased. About three years ago, many expected great things from Teekay Corporation ( TK Source: Seeking Alpha Website March 17, 2019 As shown above, the stock never really met optimistic expectations. It hung near the price of some fairly bullish recommendations for some time and then collapsed near the end of 2018. The market has some very irrational fears about this stock and has clearly panicked. So now is the time to consider an investment in the stock before the market comes to its senses and values the stock more rationally. Groundless Fears Shipping appears to be caught up in the latest trade war talks. But this company and its Show less Read more
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