Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2025 Results and Declares Dividend

Core Viewpoint - Teekay Tankers Ltd. reported its financial results for Q4 and the full year of 2025, announcing a quarterly cash dividend of $0.25 per share, payable on March 13, 2026 [1]. Financial Performance - The company declared a fixed quarterly cash dividend of $0.25 per share for the quarter ended December 31, 2025, with payment scheduled for March 13, 2026, to shareholders of record as of March 2, 2026 [1]. Company Overview - Teekay Tankers operates a fleet of 35 double-hull tankers, which includes 16 Suezmax tankers, 18 Aframax/LR2 tankers, and 1 VLCC tanker, along with three time-chartered oil and product tankers [3]. - The vessels are utilized through a combination of spot market trading and short- to medium-term fixed-rate time charter contracts [3]. - The company also manages and operates vessels for the Australian Government and energy companies, and owns a ship-to-ship transfer business for lightering operations in the U.S. Gulf and Caribbean [3]. - Teekay Tankers was established in December 2007 by Teekay Corporation Ltd. [3].