IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — TK

July 31, 2026View Source ↗

Teekay Corporation Ltd. reported unaudited consolidated financial results for the six months ended June 30, 2026. Revenues increased to $664.9 million from $463.3 million in the prior year period, driven by higher voyage charter revenues and vessel sales. Net income attributable to shareholders rose significantly to $117.2 million, or $1.34 per basic share, compared to $33.6 million, or $0.39 per share, in 2025. The company declared cash dividends of $1.00 per common share for the period. Total assets stood at $2.65 billion as of June 30, 2026. Teekay Corporation Ltd. operates in the maritime industry, primarily owning and operating a fleet of oil tankers and providing marine services.

July 29, 2026View Source ↗

Teekay Corporation Ltd. reported second quarter 2026 U.S. GAAP net income of $69.5 million, or $0.79 per share, driven by record spot rates for its Teekay Tankers subsidiary. The company completed fleet renewal transactions, acquiring two Suezmax newbuilding contracts for $190.0 million and selling vessels for $138.0 million in proceeds. Teekay Parent paid a cash dividend of $1.00 per share totaling $87.4 million in June 2026. Additionally, Teekay Tankers declared a regular quarterly cash dividend of $0.25 per share payable in August 2026. The company operates in the international crude oil marine transportation and marine services industry.