Teekay Tankers Ltd
F:S52
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| BM |
|
Teekay Tankers Ltd
F:S52
|
1.8B EUR |
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|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
149.5B CAD |
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|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
81.4B USD |
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|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
76.1B USD |
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|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
67.2B USD |
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|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
63.4B USD |
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|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
84.3B CAD |
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|
|
| US |
|
MPLX LP
NYSE:MPLX
|
56.4B USD |
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|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
50.8B USD |
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|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
46.3B USD |
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|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
43.8B USD |
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|
Market Distribution
| Min | -58.4% |
| 30th Percentile | 8.5% |
| Median | 35.8% |
| 70th Percentile | 46.6% |
| Max | 104.1% |
Other Profitability Ratios
Teekay Tankers Ltd
Glance View
Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. The firm's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The firm owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The firm also owns a crude carrier (VLCC) through a joint venture. The company owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Teekay Tankers Ltd is 30.5%, which is below its 3-year median of 42.4%.
Over the last 3 years, Teekay Tankers Ltd’s Gross Margin has increased from 25.4% to 30.5%. During this period, it reached a low of 25.4% on Aug 30, 2022 and a high of 51% on Sep 30, 2023.
