Teekay Tankers Q2 FY26 GAAP net income rises to USD 225.9 million; revenue climbs to USD 379.51 million

Reuters2026/07/29 20:38

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Teekay Tankers posted GAAP net income of USD 225.9 million, or USD 6.49 a share, in Q2 2026.
Revenue climbed 32.66% to USD 379.51 million versus Q1 2026, while operating income rose 50.32% to USD 221.97 million.
Adjusted EBITDA (non-GAAP) increased 45.52% to USD 205.8 million versus Q1, while adjusted net income (non-GAAP) rose 50.95% to USD 193.62 million.
Spot TCE rates hit records, averaging USD 109,200 per day for Suezmax and USD 74,100 per day for Aframax/LR2.
Management cited the effective closure of the Strait of Hormuz; the board declared a USD 0.25 quarterly dividend payable in August.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Teekay Tankers Ltd. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Teekay Tankers Q2 FY26 GAAP net income rises to USD 225.9 million; revenue climbs to USD 379.51 million

You may also like

Crypto prices