Teekay Tankers (TNK) Market Cap
Market Cap: $1.33B
Avg Volume: 465.51K
Industry: Oil & Gas Midstream
Sector: Energy
Market Cap Overview
Market Cap
$1.33B
Share Price
$38.81
Shares Outstanding
34.38M
What is Teekay Tankers's Market Cap?
Teekay Tankers's current Market Cap as of today is $1.33B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Teekay Tankers, the market cap is calculated as $38.81 x 34.38M shares = $1.33B.
As a Small Cap company, Teekay Tankers is a smaller company that may offer growth opportunities.
Teekay Tankers Historical Market Cap
Teekay Tankers Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Teekay Tankers, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Teekay Tankers's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $1.33B
- Total Debt: $62.29M
- Cash and Equivalents: $511.89M
- Enterprise Value: $923.03M
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A lower enterprise value indicates a strong net cash position.
Teekay Tankers Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $1.33B | -2.79% |
| 2024 | $1.37B | -19.59% |
| 2023 | $1.71B | 62.96% |
| 2022 | $1.05B | 184.31% |
| 2021 | $368.42M | -0.76% |
| 2020 | $371.24M | -53.93% |
| 2019 | $805.81M | 224.47% |
| 2018 | $248.35M | -4.54% |
| 2017 | $260.17M | -32.32% |
| 2016 | $384.42M | -61.17% |
| 2015 | $990.11M | 127.84% |
| 2014 | $434.57M | 35.88% |
| 2013 | $319.82M | 38.69% |
| 2012 | $230.61M | 7.80% |
| 2011 | $213.91M | -59.05% |
| 2010 | $522.35M | 113.79% |
| 2009 | $244.33M | -23.05% |
| 2008 | $317.50M | -6.19% |
| 2007 | $338.44M | 12.76% |
| 2006 | $300.15M | 0.00% |
| 2005 | $300.15M | N/A |
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Explore detailed financial metrics and analysis for TNK.