Tankers

Teekay Tankers dividend ‘disappointing’ as company sits on $631m cash pile, analysts say

Fearnley Securities maintains a ‘buy’ rating but lowers share price target

Kenneth Hvid: At some point, ‘we need to buy steel so we can generate future cash flows’.
Kenneth Hvid: At some point, ‘we need to buy steel so we can generate future cash flows’.Photo: Jay Shaw/Teekay
TradeWinds correspondentLondon
Published 12 May 2025, 07:10Updated 12 May 2025, 07:42
Suezmax tankersAframax tankersTeekay TankersSale and purchaseFearnley Securities