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Teekay Tankers Q2 Earnings Call Highlights
['August', 'Min Read']
Yahoo Finance
Including proceeds from a vessel sale, Teekay Tankers ended the quarter with cash exceeding $1.2 billion and no debt, Hvid said.
Inventory Restocking Could Support DemandChristian Waldegrave, Teekay Tankers' director of research, said global inventories continue to decline while oil supply remains constrained.
For the third quarter, CFO Brody Speers said Teekay Tankers expects 260 off-hire days related to dry dockings.
About Teekay Tankers (NYSE:TNK)Teekay Tankers Ltd is an oil tanker shipping company that owns and operates a fleet of modern crude oil and petroleum product tankers.
The article "Teekay Tankers Q2 Earnings Call Highlights" was originally published by MarketBeat.