Teekay Corp

NYSE: TK
$7.28
+$0.06 (+0.8%)
Closing price April 23, 2024
Teekay Corp is a global leader in marine transportation, specializing in the shipping of crude oil and other essential products. With a fleet of around 54 vessels, they offer a wide range of services including tanker management, ship-to-ship support, and maintenance services. Founded in 1973 and based in Hamilton, Bermuda, Teekay serves a diverse clientele including energy companies, government agencies, and large oil consumers, playing a crucial role in the global supply chain.

Oil Tanker Stocks Bounce Big on Crude Oversupply
Monday's plunging crude oil price lifted tanker stocks by double-digit percentages. How long can that last?
Paul Ausick
Published:

4 Companies That Destroyed Shareholders This Past Week
24/7 Wall St. has tracked four companies in which shareholders were destroyed last week. Many of these companies have seen their markets caps drop sharply.
Chris Lange
Published:
Last Updated:

The 52-Week Low Club for Thursday
December 17, 2015: Here are four stocks trading with heavy volume among 190 equities making new 52-week lows today. Freeport-McMoRan Inc. (NYSE: FCX) dropped about 8.8% on Thursday to post a new...
Paul Ausick
Published:
Last Updated:

Top Analyst Upgrades and Downgrades: Alcoa, Apple, CSC, Kellogg, Raytheon, Toyota and More
These are the top analyst upgrades, downgrades and initiations covered by 24/7 Wall St. for Tuesday, September 30, 2014.
Jon C. Ogg
Published:

Top Analyst Upgrades and Downgrades: Baidu, First Solar, J.C.Penney, Sinopec and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, February 27, 2014. They include Baidu, First Solar, J.C.Penney and Chinese oil...
Jon C. Ogg
Published:

Tanker Rates Falling, Profits Disappear (NAT, TK, FRO, TNK, TNP)
Source: ThinkstockWhen Nordic American Tankers Ltd. (NYSE: NAT) reported results this morning, the company started out by saying that it had “improved its relative position within the industry...
Paul Ausick
Published:
Last Updated:

Credit Suisse Increases Industrial Expectations
Source: ThinkstockCredit Suisse has decided that some of the gains in the industrial segment are not over. Republic Services Group (NYSE: RSG) is rated Outperform and its target was raised to $38...
Jon C. Ogg
Published:

24/7 Wall St. Closing Bell -- May 16, 2012
The three major US stock indexes opened higher this morning as investors appeared to be reacting to a temporarily stronger euro, which indicated some confidence in the Eurozone generally. But the...
Paul Ausick
Published:
Last Updated:

Demand Rising for Oil Tankers (FRO, NAT, TK)
The CEO of Frontline Ltd. (NYSE: FRO) told Reuters that the demand for oil tankers is unexpectedly high right now as imports to China swell. This could be good news for other tanker lines like Nordic...
Paul Ausick
Published:

Top Analyst Upgrades & Downgrades (AMGN, AMLN, NLY, BAM, GBX, GMCR, HSY, LULU, M, CRM, SPR, TK, TWGP)
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls.Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at Leerink Swann. Amylin...
Jon C. Ogg
Published:
Last Updated:

Shipping Companies and the Japan Effect (DRYS, DSX, GNK, AMKBF, DAC, SSW, FRO, NAT, TK, TGP, GLNG, SEA)
As Japan recovers from the devastating earthquake and its aftermath, the country will depend heavily on importing raw materials into the country and exporting finished goods. There are a number of...
Jon C. Ogg
Published:
Last Updated:

Teekay Offshore Raising Vessel Acquisition Money (TOO, TK)
Teekay Offshore Partners LP (NYSE: TOO) is the latest among many companies seeking to raise capital.  The company has announced plans to sell some 5.6 million public units in a secondary offering on...
Jon C. Ogg
Published:
Last Updated:

Oil Tankers Going Nowhere (OSG, TK, GMR, FRO, NAT, PBR)
Day rates for crude oil supertankers, VLCCs, peaked in 2009 at around $100,000/day. Today, if you want to ship 2 million barrels of oil from the Middle East to Korea, you’d have to pay just...
Jon C. Ogg
Published:
Last Updated:

Top Analyst Upgrades and Downgrades (ACH, ATHR, EAT, CTV, FSLR, ICE, MPEL, NAT, PNRA, SFL, TRV, TK)
These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Aluminum Corp Of China (NYSE: ACH) Cut to Undeweight at JPMorgan. Atheros...
Jon C. Ogg
Published:
Last Updated:

Top Analyst Upgrades and Downgrades (ARNA, ARMH, DRYS, GMR, GSK, NOK, OSG, SONC, TK, VLCM, WBD)
These are some of the top analyst research calls for upgrades, downgrades, and initiations this Wednesday morning on Wall Street: Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) Cut to Market Perform at...
Jon C. Ogg
Published:
Last Updated: