Teekay Tankers: Mediocre Fleet And Unattractive Shareholder Returns
Teekay(TK) Seeking Alpha·2024-11-05 19:19
Note: I previously covered Teekay Tankers (NYSE: TNK ) in September. I discussed the company’s strengths and weaknesses. TNK has the best balance sheet yet owns the oldest fleet among large crude tanker shipowners. Another drawback is the company’s mediocreI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursue my endeavors: growing my ...