TNK Market Cap History Table | ||||||||||||||||||||||||||||
Also see: TNK Shares Outstanding History and TNK YTD Return |
TNK Market Cap History Table | ||||||||||||||||||||||||||||
Also see: TNK Shares Outstanding History and TNK YTD Return |
TNK Market Cap History Chart | |||||||||||||||||||||||||||||
-4.10% CAGR Mouse over chart for data details
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TNK Stock Price Chart |
About Teekay Tankers Ltd |
Teekay Tankers is an international provider of marine transportation to global oil industries. Co. has one reportable segment. Co.'s tanker segment consists of crude oil and product tankers that are subject to long-term, fixed-rate time-charter contracts (which have an original term of one year or more), operate in the spot tanker market, or are subject to time-charters that are priced on a spot market basis or are short-term, fixed-rate contracts (which have original terms of less than one year), including those employed on full service lightering contracts. In addition, Co.'s tanker segment includes its U.S.-based ship-to-ship support services. We show 13 historical shares outstanding datapoints in our TNK shares outstanding history coverage, used to compute TNK market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing TNK market cap history over the course of time is important for investors interested in comparing TNK's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of TNK versus a peer is one thing; comparing TNK market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like TNK can fluctuate over the course of history. With this page we aim to empower investors researching TNK by allowing them to research the TNK market cap history. |
TNK Current Stock Quote |
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Video: The Importance of Market Cap | |
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TNK Share Performance |
Market Cap Peers |
Teekay Tankers (TNK) is categorized under the Energy sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
TNP Market Cap History |
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