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Teekay Tankers (Teekay Tankers) Market Cap : $2,010 Mil (As of Apr. 27, 2024)


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What is Teekay Tankers Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Teekay Tankers's share price for the quarter that ended in Dec. 2023 was $49.97. Teekay Tankers's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 34 Mil. Therefore, Teekay Tankers's market cap for the quarter that ended in Dec. 2023 was $1,704 Mil.

Teekay Tankers's quarterly market cap increased from Jun. 2023 ($1,300 Mil) to Sep. 2023 ($1,419 Mil) and increased from Sep. 2023 ($1,419 Mil) to Dec. 2023 ($1,704 Mil).

Teekay Tankers's annual market cap increased from Dec. 2021 ($368 Mil) to Dec. 2022 ($1,046 Mil) and increased from Dec. 2022 ($1,046 Mil) to Dec. 2023 ($1,704 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Teekay Tankers's Enterprise Value for Today is $1,842 Mil.


Teekay Tankers Market Cap Historical Data

The historical data trend for Teekay Tankers's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teekay Tankers Market Cap Chart

Teekay Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 806.70 371.46 368.29 1,045.66 1,703.63

Teekay Tankers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,045.66 1,455.33 1,299.82 1,418.74 1,703.63

Competitive Comparison of Teekay Tankers's Market Cap

For the Oil & Gas Midstream subindustry, Teekay Tankers's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Teekay Tankers's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay Tankers's Market Cap distribution charts can be found below:

* The bar in red indicates where Teekay Tankers's Market Cap falls into.



Teekay Tankers Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Teekay Tankers's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$49.97*34.0931
=$1,704

Teekay Tankers's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$49.97*34.0931
=$1,704

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Teekay Tankers  (NYSE:TNK) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Teekay Tankers Market Cap Related Terms

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Teekay Tankers (Teekay Tankers) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.

Teekay Tankers (Teekay Tankers) Headlines