Teekay Corporation updates Q3 2025 results, highlighting its marine transportation services through Teekay Tankers Ltd.
Quiver AI Summary
Teekay Corporation Ltd. announced an update for the third quarter of 2025, covering the period ending September 30. Detailed information, including the earnings presentation, can be found on the company’s website. Teekay is a prominent provider of marine transportation services for crude oil and operates through its subsidiary, Teekay Tankers Ltd., which manages about 55 conventional tankers and other marine assets. The company employs around 2,200 staff and has offices in eight countries, offering a wide range of marine services to major energy firms. Teekay's stock is traded on the New York Stock Exchange under the symbol "TK."
Potential Positives
- Teekay Corporation is a leading provider of international crude oil marine transportation, indicating a strong position in a crucial industry.
- Teekay Tankers Ltd., as a subsidiary, operates approximately 55 conventional tankers, showcasing the company's substantial operational scale and capability.
- Teekay is well diversified with operations in 8 countries, reflecting its global presence and outreach in the marine services sector.
Potential Negatives
- None
FAQ
What recent update did Teekay Corporation announce?
Teekay Corporation announced its earnings update for the three months ended September 30, 2025.
Where can I find Teekay's earnings presentation?
The earnings presentation and update are available on Teekay's official website.
What services does Teekay provide?
Teekay provides international crude oil marine transportation and other marine services through Teekay Tankers Ltd.
How many tankers does Teekay Tankers operate?
Teekay Tankers manages and operates approximately 55 conventional tankers and various marine assets.
Where is Teekay Corporation headquartered?
Teekay Corporation is headquartered in Hamilton, Bermuda, and has offices in 8 countries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TK Hedge Fund Activity
We have seen 5 institutional investors add shares of $TK stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANNEY MONTGOMERY SCOTT LLC removed 68,980 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $564,256
- SG AMERICAS SECURITIES, LLC removed 24,258 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $198,430
- CAMPBELL & CO INVESTMENT ADVISER LLC removed 20,315 shares (-28.3%) from their portfolio in Q3 2025, for an estimated $166,176
- INSPIRE ADVISORS, LLC removed 12,501 shares (-22.6%) from their portfolio in Q3 2025, for an estimated $102,258
- CONCURRENT INVESTMENT ADVISORS, LLC added 7,953 shares (+20.9%) to their portfolio in Q3 2025, for an estimated $65,055
- RITHOLTZ WEALTH MANAGEMENT added 6,520 shares (+4.5%) to their portfolio in Q3 2025, for an estimated $53,333
- STATE OF ALASKA, DEPARTMENT OF REVENUE added 3,416 shares (+inf%) to their portfolio in Q3 2025, for an estimated $27,942
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HAMILTON, Bermuda, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. ( Teekay or the Company ) (NYSE:TK) today reported an update for the three months ended September 30, 2025. The update and Teekay Group’s earnings presentation are available on the Company’s website here .
About Teekay
Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), a leading owner and operator of mid-sized crude tankers. Teekay Tankers manages and operates approximately 55 conventional tankers and other marine assets, including vessels operated for the Australian Government. With offices in 8 countries and approximately 2,200 seagoing and shore-based employees, Teekay Tankers provides a comprehensive set of marine services to the world’s leading energy companies.
Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.
For Investor Relations
enquiries contact:
E-mail:
[email protected]
Website:
www.teekay.com
