)
Visual21 Oct 2025
Hermès' growth by geographical region visualized
Teekay Tankers (TNK) investor relations material
Teekay Tankers Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary31 Jul, 2025
Executive summary
Reported GAAP net income of $62.6M ($1.81/share) and adjusted net income of $48.7M ($1.41/share) for Q2 2025, reflecting strong spot rates and active fleet renewal.
Generated $62.8M in free cash flow from operations; ended quarter with $712M in cash and no debt.
Declared a regular $0.25/share quarterly dividend and paid a $1.00/share special dividend in July 2025.
Acquired a 2017-built Suezmax and remaining 50% of a VLCC; sold or agreed to sell five vessels for $158.5M.
Actively executing fleet renewal by selling older vessels and acquiring modern ships.
Financial highlights
Total Q2 2025 revenues were $232.9M; adjusted EBITDA was $62.0M with a 26.6% margin.
Free cash flow for Q2 2025 reached $62.8M; cash and equivalents stood at $712M at quarter end.
Spot rates were counter seasonally strong, outperforming the last two quarters and above long-term Q2 averages.
Sold or agreed to sell 11 vessels in 2025 for $340M gross proceeds and estimated $100M book gains.
Q3-to-date spot rates: $31,400/day (Suezmax), $28,200/day (Aframax/LR2), with 43-44% of spot base booked.
Outlook and guidance
Expects continued strong cash flows and incremental fleet renewal steps while returning capital to shareholders.
Q3-25 outlook anticipates lower net revenue days due to vessel sales, partially offset by new acquisitions.
OPEC+ unwinding supply cuts and global oil production increases expected to boost tanker demand from September 2025.
Oil inventory builds and winter months expected to support stronger tanker rates.
Near-term spot rate outlook is positive, but medium-term demand is clouded by economic and geopolitical uncertainties.
What is the expected book gain from vessel sales?
How will OPEC+ supply cut unwinding impact tanker demand?
What is the priority for capital deployment?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Teekay Tankers earnings date
Q3 202530 Oct, 2025
Next Teekay Tankers earnings date
Q3 202530 Oct, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Teekay Tankers Ltd. engages in the provision of marine transportation services for crude oil and refined products. The company provides voyage and time-chartered services; offshore ship-to-ship transfer services primarily for crude oil, liquid gases and various other cargoes from both fixed production platforms and floating supply vessels; and a flexible pooling arrangement of vessel capacity with individual customers. Teekay Tankers was founded in 2007 and is headquartered in Hamilton, Canada.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage