Marine Transportation
Search documents
Teekay Group to Announce First Quarter 2025 Earnings Results on May 7, 2025
Globenewswire· 2025-04-29 20:05
Core Points - Teekay Corporation Ltd. and Teekay Tankers Ltd. will release their financial results for Q1 2025 after market close on May 7, 2025 [1] - A conference call to discuss the Q1 2025 results is scheduled for May 8, 2025, at 11:00 a.m. (ET) [2] Company Overview - Teekay is a prominent provider of international crude oil marine transportation and marine services, operating through its controlling interest in Teekay Tankers Ltd. [3] - Teekay Tankers manages a fleet of approximately 57 conventional tankers and other marine assets, employing around 2,300 seagoing and shore-based employees across eight countries [3] - Teekay Tankers has a fleet consisting of 36 double-hull tankers, including 21 Suezmax and 15 Aframax/LR2 tankers, and operates vessels for the Australian Government [5] Trading Information - Teekay's common shares are traded on the New York Stock Exchange under the symbol "TK" [4] - Teekay Tankers' Class A common shares are traded on the New York Stock Exchange under the symbol "TNK" [6]
SEACOR Marine Announces Securities Repurchase
Globenewswire· 2025-04-04 21:25
Group 1 - SEACOR Marine Holdings Inc. purchased approximately 9.1% of its outstanding shares and warrants from Carlyle for about $12.9 million, based on a trailing volume weighted average price [1][2] - The repurchase simplifies the company's capital structure by eliminating all outstanding warrants and was funded by proceeds from the sale of a 201-foot DP-2 platform supply vessel [2] - SEACOR Marine provides global marine and support transportation services to offshore energy facilities, operating a diverse fleet of offshore support vessels for various operations including offshore wind farms and emergency response services [2] Group 2 - The company acquired 1,355,761 common shares at $4.90 per share and warrants to purchase 1,280,195 shares at $4.89 per warrant, with an exercise price of $0.01 per warrant [4]