Teekay Tankers Stock Discussion

Traders say the economic incentive to import oil from the U.S. Gulf Coast to Asia has closed, as the cost of booking supertankers on the route has surged, Reuters reported Wednesday.
The freight rally has raised the premium for West Texas crude from the U.S. to more than $4/bbl against Dubai quotes on a cost-and-freight basis for April delivery from ~$2/bbl last week, traders said, reportedly pushing WTI to a premium of $1/bbl mo...

Teekay Tankers' increased ROCE points to a well-performing business, though lack of growth in capital employed raises concerns. Its 503% total return in five years suggests investors see a bright future, deserving further due diligence.

EPS growth lags behind share price rise, hinting at an inflated perception of Teekay Tankers in the market. Investors must heed certain warning signs despite impressive returns.

The worsening energy crisis and soaring cost of fuel has put pressure on natural-gas supertankers as nations rush to get a hold of vessels amid a shortage of ships.
Charter rates for existing tankers for mid-September and mid-November are $105,250 per day, according to Spark Commodities data.
That's 64% higher from the current daily fare of $64,000, and 124% higher than year-ago prices. The pool of currently available vessels has bee...