Why Teekay Tankers Stock Popped 10% Today [The Motley Fool]
Teekay Tankers Ltd. (TNK)
Last teekay tankers ltd. earnings: 2/27 02:00 am
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US:NYSE Investor Relations:
teekay.com/investors/teekay-tankers-ltd
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Source: The Motley Fool
Wells Fargo gives a T-U (thumbs-up) to T-K. Rich Smith ( TMFDitty ) Jun 18, 2018 at 7:00PM What happened Shares of oil shipper Teekay Tankers ( NYSE:TNK ) got the thumbs-up from analysts at Wells Fargo this morning, sparking a rally that sent Teekay stock up 9.9% by close of trading -- and had the shares up nearly 12% earlier in the day. So what Calling Teekay uniquely positioned to benefit from an expected increase in oil production by OPEC countries this month, Wells Fargo upgraded Teekay stock to outperform and assigned the stock a new $2 price target, as explained in a note on TheFly.com today. If Wells is right about that, it would imply a near doubling in Teekay's stock price, which currently sits closer to $1 than $2. Additionally, Wells argued that new regulations for the reduction of sulphur content in maritime diesel fuel,
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News
- 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 or KEX: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Shipping Industry Rises 20.6% in 6 Months: More Room to Run? [Yahoo! Finance]Yahoo! Finance
- Is Teekay Tankers (TNK) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
TNK
Earnings
- 2/22/24 - Miss
TNK
Sec Filings
- 3/15/24 - Form 20-F
- 3/5/24 - Form 144
- 3/4/24 - Form 144
- TNK's page on the SEC website