Teekay Tankers (TNK) has released an update.
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Teekay Tankers Ltd. reported strong earnings in Q2 2024 with a GAAP net income of $107.0 million, despite a decrease from previous quarters due to lower average spot tanker rates and increased dry dockings. The company bolstered its fleet through the purchase of a new Aframax vessel and optimized its charter strategy, alongside declaring a quarterly cash dividend of $0.25 per share.
For further insights into TNK stock, check out TipRanks’ Stock Analysis page.
