Market TodayThemes and Stocks SummaryThematic Stock SearchCrypto SummaryFAQAbout
TNK - Teekay Tankers Ltd
2.37(7.26%)9:00:02 PM 12/2/2022
Teekay is one of the largest shipowners in the world. They specialise in crude oil, LNG and LPG tankers. The company operate a number of Floating Production Storage and Offloading under their subsidiary Teekay Petrojarl in the North Sea. Teekay was founded in 1973 by Torben Karlshoej, then a 31 year old Danish ship broker who had emigrated to the United States at the age of 20 and mostly worked on farms. The company was named "TK" for Karlshoej's initials. It commenced operations by purchasing small second and third hand oil tankers, a lucrative trade due to the high oil prices during the 1973–1974 oil crisis. It maintained a head office in the Bahamas, thus taking advantage of low corporate taxes. Most of its ships were registered in Liberia, thus taking advantage of the comparatively low taxes and the ability to recruit seafarers from across the world. The company grew in the 1980s by operating in the risky waters off Persian Gulf during the Iran–Iraq War.
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 


Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

No summary
Related Topics
leak data

Stock news