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Teekay Tankers Ltd TNK

Teekay Tankers Ltd. is a Bermuda-based company. The Company's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The Company owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The Company also owns a crude carrier (VLCC) through a 50% owned joint venture. It owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.


NYSE:TNK - Post by User

Bullboard Posts
Post by dkolish01on Apr 01, 2013 12:09pm
382 Views
Post# 21192540

2.89

2.89

It seems we been hitting the high of 2.89 nearly everyday for the past week or so and once we hit 2.89 we start  heading south.  The 2.89 seems one roadblock that will have to fall to progress further. We have moved toward a more realistic 4 % dividend, which is a nice return  I am beginning to expect this 2.89 is the uplimit until we get some more news.

GLtA

Bullboard Posts