Teekay Corp. offers international crude oil transportation services, managing around 65 tankers through its main subsidiary, Teekay Tankers Ltd., which operates mid-sized crude and product tankers. The company provides commercial management, fuel services, and lightering, serving energy firms, governments, and other entities.
TK has been in the news recently: Teekay Corporation reported a profit of $33.8 million and revenue of $326.1 million for Q2 2024, resulting in a net income of 35 cents per share. Additionally, Teekay Tankers Ltd. announced a cash dividend of $0.25 per share, scheduled for payment on August 23, 2024, to shareholders recorded by August 12, 2024.
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