Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
* * $TNK Video Chart 10-09-2019 * *
Link to Video - click here to watch the technical chart video
Yes I agree with some re-tracement.
TNK beautiful bull here..bit extended so watch for some consolidation up here
* * $TNK Video Chart 10-07-2019 * *
Link to Video - click here to watch the technical chart video
You’re welcome. Follow me bro and your wife will Do dirty things to you. Lol
Boom. Who’s your daddy. Trend trade nails another monster.
* * $TNK Video Chart 10-04-2019 * *
Link to Video - click here to watch the technical chart video
TNK call went out...amazing little shipper with a 12c divy and break out on the weekly with a profitable balance sheet!!
Oil shipping rates skyrocket as U.S. sanctions shake crude trade
Sep. 27, 2019
By: Carl Surran, SA News Editor
Key oil freight rates from the Middle East to Asia soared as much as 28% today, Reuters reports, as the global shipping market is rattled by U.S. sanctions on China's COSCO for alleged involvement in ferrying crude out of Iran.
COSCO is one of the world's largest energy shippers, operating more than 50 supertankers.
As some Asian oil buyers rushed to secure vessels, rates for very large crude carriers to load crude oil from the Middle East to north Asia in October surged overnight to the equivalent of ~$600K per ship, according to one Singapore-based oil trader.
The rates for loading Middle East crude to west coast India in the second week of October reportedly jumped 28% after Reliance Industries booked two supertankers overnight.
Potentially relevant tickers may include: FRO, TK, TNK, TGP, TOO, TNP, NAT, SFL, DHT, EURN, GOGL, GLOG, GLOP, INSW
News: $TNK Teekay Corporation 2019 Annual General Meeting Presentation
HAMILTON, Bermuda, June 14, 2019 (GLOBE NEWSWIRE) -- Teekay Corporation ( Teekay ) (NYSE:TK) presented at its 2019 Annual General Meeting on Monday, June 10, 2019, which included details on its two publicly-traded Daughter entities, Teekay LNG Partners L.P. ( Teekay LNG ) (NYSE:TGP) and Tee...
Read the whole news https://marketwirenews.com/news-releases/teekay-corporation-2019-annual-general-meeting-presentation-8357196.html
$TNK 11% MOVE MAY JUST BE THE START. BULLISH
It 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.
News: $TNK Teekay Corporation Announces Pricing of $250 Million Private Offering of Senior Secured Notes
HAMILTON, Bermuda, May 02, 2019 (GLOBE NEWSWIRE) -- Teekay Corporation ( Teekay or the Company ) (NYSE:TK) announced today the pricing at par of $250 million in aggregate principal amount of 9.25% senior secured notes due November 2022 (the Notes ). The Company decided to reduce th...
Got this from https://marketwirenews.com/news-releases/teekay-corporation-announces-pricing-of-250-million-private-offering-of-senior-secured-notes-8103740.html
TNK ,Teekay Nice Entry level share price "Buy" under a $ 1.00
GREAT DEAL!!
TNK,Teekay Tanker always pulling back off highs $1.10
to much dilution not enough long term investors or Volume
Looks like a SELL not a HOLD
TNK ,Oil prices rising on U.S & Saudi Tensions ..Investors looking for gains
TNK,TEEKAY TANKER Big investors running for safety this week in OIL & GOLD
TNK LOOKING GOOD TODAY & FUTURE MARKET PLACE
TNK, Insiders" BUYING" for Board Voting Powers .Trading Volume on the increase
Teekay Corporation Declares Dividend
Print
Alert
Teekay Tankers Ltd. (NYSE:TNK)
Intraday Stock Chart
Today : Thursday 4 October 2018
Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that its Board of Directors has declared a cash dividend on its common stock of $0.055 per share for the quarter ended September 30, 2018. The cash dividend is payable on November 14, 2018 to all shareholders of record as at November 2, 2018.
Got a link? I see TK with an announcement but no such thing from TNK.
TNK ,Teekay Tanker GREAT! NEWS The" Dividend " 0.05 is Back Volume trading today is up over 12 million shares ..BUY BUY
TNK,VOLUME ALERT:Large Trades 2MIL to 3MILLION @ $1.02 share 11:00am to 2:00pm Volume increasing over 4 million .Insiders BUYING on recent Rating bye Jefferies to (HOLD) Status /Morgan Stanley rated (EQUAL WEIGHT)
Thought I Would Share info and this could be nearing the slight V shape recovery coming this Fall season.
TNK,Jefferies: Rates Teekay Tanker @ (HOLD) 10/1/18
Morgan Stanley: Rates TNK @ (Equal Weight)
Time to Buy and hold on the slight V Recovery
TNK ,Time to Lock & Load "BUY" shares for the future V shape recovery
TNK,Share Price Volatility Trading Ranges $1.00 to $1.31 next (3) months
Unless Company changes with EPS this coming Quarterly or Worldly events unseen yet to come..BUY LOW, HOLD A FEW for the future "V" shape
TNK,YouTube See Video Titled ["Teekay Marine Markets-Tanker Updated,August 2018]..Looks like TNK maybe at bottom share price now "Time to Lock & load for 2019
TNK,Lets Hope for another company stock Buy back Program this Fall season
Followers
|
33
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
437
|
Created
|
07/02/09
|
Type
|
Free
|
Moderators |
Tanker rates are a function of the balance between two main factors:
View Current Tanker Rates
Tanker demand
An increase in tanker demand will generally have a positive effect on prevailing spot tanker rates.
Demand for conventional oil tankers is a function of two main factors:
The combination of these two factors creates "ton-mile demand", which is a measure of the amount of oil transported in tankers multiplied by the distance over which it travels.
Oil demand and supply
The tanker market cannot exist without the demand for oil and in particular how much of the demand can be met by domestic production / pipeline supply and how much needs to be imported on tankers. The main driver of oil demand is the global economy while population growth is also an important factor, particularly in the developing economies where the emergence of a growing middle class is leading to a rapid increase in vehicle ownership and therefore transportation fuel demand.
As of February 2010, the International Energy Agency estimates that global oil consumption will grow from 84.9 million barrels per day (or mb/d) in 2009 to 86.5 mb/d in 2010 as a result of the expected recovery in the global economy. The majority of the growth is expected to come from emerging economies led by China.
The distance factor
The longer the distance over which oil needs to be transported, the greater the number of ships are required to service the demand. The majority of known oil reserves are located in areas far from major consuming regions, which contributes positively towards demand for oil tankers. The distance over which crude oil or refined petroleum products are transported is determined by seaborne trading and distribution patterns, which are principally influenced by the relative advantages of the various sources of production and locations of consumption. Seaborne trading patterns are also periodically influenced by geopolitical events, such as wars, hostilities and trade embargoes that divert tankers from normal trading patterns, as well as by inter-regional oil trading activity.
Historically, the level of oil exports from the Middle East has had a strong effect on the tanker market as a whole due to the relatively long distance between this supply source and typical discharge points. Over the past few years the growing economies of Asia, and in particular China, have increased and diversified their oil imports, resulting in the growth of import volumes from longer haul producers such as those in the Atlantic Basin and an overall increase in transportation distances for tankers.
Limited growth in refinery capacity in developed nations (the largest consumers of oil in recent years) and increasing refinery capacity in the Middle East and parts of Asia where surplus capacity supports exports have also altered traditional trading patterns and contributed to an increase in transportation distances for products tankers.
Tanker supply
An increase in tanker fleet supply will generally have a negative effect on prevailing spot tanker rates.
The supply of oil tankers is a function of:
The level of new vessel orders is primarily a function of newbuilding prices in relation to current and prospective charter market conditions. Available shipyard capacity for newbuildings is another factor that affects tanker supply. The level of scrapping activity is primarily a function of scrap prices in relation to current and prospective charter market conditions and operating, repair and survey costs. Industry regulations also affect scrapping levels, such as the IMO mandated phase-out of single hull tankers which takes effect from 2010.
One-off factors can also impact tanker supply. Examples include the use of ships as floating storage and slow steaming, both of which have the effect of reducing available fleet supply
.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |