What Teekay Tankers (TNK) Said on Its Q3 Earnings Call
Published . Updated .
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This report is about tanker shipping.
Directly affected
- TNK Teekay Tankers
Named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- FRO Frontline+1.6% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- INSW International Seaways-7.8% 19d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- STNG Scorpio Tankers
Scorpio Tankers (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TNK | -2.69% | -3.04% | base | after close | after close | after close | after close |
| BWET | +16.99% | -9.44% | base | after close | after close | after close | after close |
| FRO | -2.89% | -6.19% | base | after close | after close | after close | after close |
| DHT | -7.22% | -6.64% | base | after close | after close | after close | after close |
| INSW | -6.17% | -6.05% | base | after close | after close | after close | after close |
| STNG | -2.94% | -3.31% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
What Teekay Tankers (TNK) Said on Its Q3 Earnings Call Yahoo Finance
Source: Yahoo Finance
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | -9.44% | final price |
| BWET | five days earlier | +16.99% | final price |
| DHT | three days earlier | -6.64% | final price |
| DHT | five days earlier | -7.22% | final price |
| FRO | three days earlier | -6.19% | final price |
| FRO | five days earlier | -2.89% | final price |
| INSW | three days earlier | -6.05% | final price |
| INSW | five days earlier | -6.17% | final price |
| STNG | three days earlier | -3.31% | final price |
| STNG | five days earlier | -2.94% | final price |
| TNK | three days earlier | -3.04% | final price |
| TNK | five days earlier | -2.69% | final price |
How solid the energy case looks
12 out of 100
“What Teekay Tankers (TNK) Said on Its Q3 Earnings Call” scores 12 out of 100. The score uses 1 sources.