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Teekay Tankers Non-GAAP EPS of $0.76, revenue of $242.39M

Aug. 04, 2022 12:22 AM ETTeekay Tankers Ltd. (TNK)By: Meghavi Singh, SA News Editor5 Comments
  • Teekay Tankers press release (NYSE:TNK): Q2 Non-GAAP EPS of $0.76.
  • Revenue of $242.39M (+96.4% Y/Y).
  • Adjusted EBITDA of $58.14M vs. -$6.80M a year ago quarter.
  • Secured strong third quarter-to-date spot rates of $29,600 per day for the Suezmax fleet, $35,600 per day for the Aframax fleet, and $35,400 per day for the LR2 fleet.
  • Recorded to-date spot rates are three to five times higher compared to the third quarter of 2021.

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