Teekay Tankers (TNK) Operating Expenses (2009 - 2026)

Teekay Tankers' (TNK) quarterly Operating Expenses came in at -$10.4 million in Q1 2026, down 6.88% year-on-year from -$11.1 million in Q1 2025, and down 27954.05% on a QoQ basis from -$37000.0 in Q4 2025.

Teekay Tankers (TNK) Operating Expenses (2009 - 2026) Analysis & Trends

Teekay Tankers (TNK) has 18 years of Operating Expenses data on file, last reported at -$10.4 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 6.88% year-over-year to -$10.4 million in Q1 2026; TTM through Mar 2026 was -$41.6 million, a 173.68% decrease from a year earlier, with the FY2025 full-year figure at $241.0 million, down 7.72% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$10.4 million, down from -$37000.0 in the prior quarter.
  • Over the last five years, Operating Expenses for TNK reached as high as $134.0 million in Q4 2024 and fell as low as -$34.6 million in Q3 2024.
  • Historically, Operating Expenses has averaged -$11.9 million across 5 years, with a median of -$20.1 million in 2025.
  • Across the five-year window, Operating Expenses jumped 602.31% in 2024 and slumped 100.03% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at -$20.4 million in 2022, then sank by 30.83% to -$26.7 million in 2023, then soared by 602.31% to $134.0 million in 2024, then slumped by 100.03% to -$37000.0 in 2025, then tumbled by 27954.05% to -$10.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$10.4 million in Q1 2026, -$37000.0 in Q4 2025, and -$11.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Teekay Tankers 20.90 Bn -14.02 Bn 224.88 Mn -10.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.38 Mn
Dec 31, 2025 -37,000.00
Sep 30, 2025 -11.15 Mn
Jun 30, 2025 -20.07 Mn
Mar 31, 2025 -9.71 Mn
Dec 31, 2024 133.98 Mn
Sep 30, 2024 -34.58 Mn
Jun 30, 2024 -33.17 Mn
Mar 31, 2024 -32.40 Mn
Dec 31, 2023 -26.67 Mn
Sep 30, 2023 -30.08 Mn
Jun 30, 2023 -30.81 Mn
Mar 31, 2023 -26.46 Mn
Dec 31, 2022 -20.39 Mn
Sep 30, 2022 -16.92 Mn
Jun 30, 2022 -17.99 Mn
Mar 31, 2022 -15.67 Mn
Dec 31, 2021 -14.63 Mn
Sep 30, 2021 -13.41 Mn
Jun 30, 2021 -14.37 Mn