Teekay Tankers (Teekay Tankers) Fleet Utilization % : 0.00% (As of Dec. 2023)

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What is Teekay Tankers Fleet Utilization %?

Fleet Utilization % is a comparison of demand to fleet capacity.

The historical rank and industry rank for Teekay Tankers's Fleet Utilization % or its related term are showing as below:

TNK's Fleet Utilization % is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Fleet Utilization % only.

Teekay Tankers Fleet Utilization % Historical Data

The historical data trend for Teekay Tankers's Fleet Utilization % 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.

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Teekay Tankers Fleet Utilization % Chart

Teekay Tankers Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Fleet Utilization %

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Teekay TankersQuarterly Data

Trend

Jun16

Sep16

Mar17

Dec22

Dec23

Fleet Utilization %

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Competitive Comparison of Teekay Tankers's Fleet Utilization %

For the Oil & Gas Midstream subindustry, Teekay Tankers's Fleet Utilization %, along with its competitors' market caps and Fleet Utilization % 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 (NYSE:TNK) Fleet Utilization % Explanation

Fleet Utilization % is a comparison of demand to fleet capacity. Capacity and demand changes daily, and hence the approach to manage it varies as well. Companies can improve fleet utilization by using dynamic routing/backhauling or optimizing maintenance of fleet vehicles.

Teekay Tankers Fleet Utilization % Related Terms

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Teekay Tankers (Teekay Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Tankers Ltd (NYSE:TNK) » Definitions » Fleet Utilization %

Comparable Companies

DHT LPG KNTK GLP GEL GLNG INSW HESM NS NVGS TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP

Traded in Other Exchanges

3TKA:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

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.