Teekay Tankers: 4Q Earnings Snapshot
HAMILTON, Bermuda (AP) _ Teekay Tankers Ltd. (TNK) on Thursday reported a fourth-quarter loss of $73.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of $2.17. Losses, adjusted for non-recurring costs, were $1.21 per share.
The oil and gas shipping company posted revenue of $127.8 million in the period. Its adjusted revenue was $69.2 million.
For the year, the company reported profit of $87.3 million, or $2.57 per share. Revenue was reported as $589.2 million.
Teekay Tankers shares have climbed 21% since the beginning of the year. The stock has climbed slightly more than 3% in the last 12 months.