TNK shortNo reason to rally, oil down, demand down. 1. NO dividend 2020 2. NO buyback 2020 3. Q2 and Q3 will be lower eps, because 50M$ cost for ballast system 4. None scrubber DHT and FRO 1. dividend q1 0,32 2. they made buyback 3. half ships with scrubber Shortby UnknownUnicorn4830263223
LONG TNKExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryas5
$TNK:NYSE - TEEKAY TANKERS LTD - About to bounce?TNK has had a great run over the last 3 months up some 116%. Looks like after a bit of a pullback it might bounce and run again. I will wait until it hits $2.45 for confirmation of direction and look for an entry around there. Could be worth a watch. Teekay Tankers Ltd. is an international provider of marine transportation to the oil industries. The Company's business is to own crude oil and product tankers. The Company has two segments: conventional tanker and ship-to-ship transfer. Its conventional tanker segment consists of the operation of all of its tankers, including those employed on full service lightering contracts. Its ship-to-ship transfer segment consists of its lightering support services, including those provided to the Company's conventional tanker segment as part of full service lightering operations and other related services. Its operations are managed by Teekay Tankers Management Services Ltd., which provides the Company with commercial, technical, administrative and strategic services. Its fleet consists of approximately 60 conventional vessels (including over 10 in-chartered vessels and an approximately 50%-owned very large crude carrier (VLCC)) and approximately six ship-to-ship (STS) support vessels.Longby zAngus4
$TNK Teekay Tankers Ltd on verge of breakout.Entry level $2.28 on break to new high. Target price $2.65 to Fibonacci extension and overall .236 Fibonacci retrace. This is a very conservative trade, if momentum continues in the sector this could be a double from here. Average analysts rating $2.50 | Overweight. Company profile Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. It operates through the Conventional Tanker and Ship-to-Ship (STS) Transfer segment. The Conventional Tanker segment includes the operations of all the tankers, including those employed on full service lightering contracts. The STS Transfer segment offers lightering support services provided to conventional tanker segment as part of the full service lightering operations. The company was founded in October 2007 and is headquartered in Hamilton, Bermuda. Longby Bullishcharts31
I am now bullish on TNKI am now bullish on TNK. Buy @$2.19 Stop Loss: @1.60 Take Profit @$6.67 Trading is risky There is a substantial risk of loss in futures and forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don't trade with money you cannot afford to lose. Longby globalfinancialengineering5
Can $TNK Get Over The Hump Or Will It Get Denied Again?TNK continues to see strong volume. For penny stocks , I think that's important. Furthermore, it keeps giving updates on new progress. But what's next? Gapping up slighting premarket on Oct 9 but can the bullish volume continue to push this past the historic levels? " So what triggered this multi-month move? A few things. First, positive earnings results helped during August. Into September, Teekay may have benefited from the general market move that shipping stocks had. Teekay is 1 of the world’s largest marine energy transporters. The company currently owns a fleet of over 100 ships responsible for transporting gas and other services. " * ABOUT TNK Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Conventional Tanker and Ship-to-ship Transfer (STS). The company offers voyage and time charter services; and offshore STS transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides vessels commercial and technical management, LNG terminal management, consultancy, procurement, and equipment rental services; and lightering support services, including full service lightering and other lightering support services. As of December 31, 2018, it operated a fleet of 56 owned and leased conventional tankers, 3 in-chartered vessels, and 1 jointly-owned very large crude carrier; and 6 STS support vessels. Its vessels operated under fixed-rate time charter contracts with its customers. The company was founded in 2007 and is based in Hamilton, Bermuda. Quote Source: Do Penny Stocks Work? 3 Up Big In October; 1 Over 980% by PennyStocks1018
$TNK Looks To Have Bottomed$TNK has been in a bear market for a long time. The stock was $14 back in 2011 before dropping to under $1 this year. We believe the worst is over as the stock has a rounding bottom and looks set to continue climbing. Next major resistance level is the 200-day MA of $1.98. Oil shipping rates have climbed, making $TNK an attractive risk/reward play. Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Conventional Tanker and Ship-to-ship Transfer (STS). The company offers voyage and time charter services; and offshore STS transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides vessels commercial and technical management, LNG terminal management, consultancy, procurement, and equipment rental services; and lightering support services, including full service lightering and other lightering support services. As of December 31, 2018, it operated a fleet of 56 owned and leased conventional tankers, 3 in-chartered vessels, and 1 jointly-owned very large crude carrier; and 6 STS support vessels. Its vessels operated under fixed-rate time charter contracts with its customers. The company was founded in 2007 and is based in Hamilton, Bermuda. As always, trade with caution and use protective stops. Good luck to all!Longby InsiderFinancial1117
$TNK 11% MOVE MAY JUST BE THE START. BULLISHIt has been a very eventful year so far TNK and yesterdays closing (as below) has given investors some reassurance that the future is secured,BUY Volume has increased considerably and as earnings approach this could be a real winner at the current entry level. Teekay Corporation, +2.01% announced the closing of its previously announced offering of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes). In addition, the Company announced that it had completed the early settlement of its cash tender offer to purchase any and all of its outstanding $497.7 million of 8.5% senior notes due 2020 (the 2020 Notes and such tender offer, the Offer), pursuant to which the Company purchased approximately $458.0 million in aggregate principal amount of 2020 Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on May 7, 2019, for cash consideration of $1,032.50 per $1,000 in principal amount of 2020 Notes, plus accrued and unpaid interest. Company Description Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. It operates through the Conventional Tanker and Ship-to-Ship (STS) Transfer segment. The Conventional Tanker segment includes the operations of all the tankers, including those employed on full service lightering contracts. The STS Transfer segment offers lightering support services provided to conventional tanker segment as part of the full service lightering operationsLongby RedHotStocks5
Teekay Tankers Stock In Energy FieldTeekay Tankers stock is in a giant Energy Field pattern where the energy builds as the stock consolidates over a long span. The chart shows that the stock is now in a continuation pattern (purple) as it tests critical overhead resistance. Teekay Tankers trades in the Shipping & Ports industry which is turning around. The P/B of 1.25 suggests the company’s market value is attractively priced in relation to the assets it has. The PEG of 1.48 suggests investors are not overpaying for earnings growth. The stock has an excellent P/E of 9.59 and a forward P/E of 8.14. Watch out though for the high debt! Like most tanker stocks, revenue is often increased through the purchase of tankers which put the company in debt. The company has total cash of $162.8 million with a whopping total debt of $663.3 million. Teekay Tankers has an impressive EPS growth of +760% year over year. The EPS quarter over quarter is up an excellent +29.4%, and the EPS forecast is rising. Source: www.guerillastocktrading.com Longby Lance_Jepsen0
TNKWatching TNK set up for a picture perfect Stan Weintstein buy. Price levels and bases with volume confirming both moves. Price then moves above the 50,150 and 200 moving averages forming a golden cross. The conservative investor will wait for price to correct and bounce off of moving averages. Longby zobtraffic1