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% sequentially from -$37000.0 in Q4 2025.
Teekay Tankers (TNK) Operating Expenses (2009 - 2026) Analysis & Trends
Teekay Tankers' Operating Expenses history runs 18 years deep, the most recent figure standing at -$10.4 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 6.88% year-over-year to -$10.4 million; the TTM figure through Mar 2026 stood at -$41.6 million (down 173.68% YoY), while the FY2025 annual figure was $241.0 million, down 7.72% from the prior year.
- Operating Expenses came in at -$10.4 million for Q1 2026 at Teekay Tankers, down from -$37000.0 in the prior quarter.
- Over five years, Operating Expenses peaked at $134.0 million in Q4 2024 and troughed at -$34.6 million in Q3 2024.
- The 5-year median for Operating Expenses is -$20.1 million (2025), against an average of -$11.9 million.
- The widest annual swing landed in 2024, when Operating Expenses surged 602.37%; it then sank 100.03% in 2025.
- A 5-year view of Operating Expenses shows it stood at -$20.4 million in 2022, then sank by 30.82% to -$26.7 million in 2023, then surged by 602.37% 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | Teekay Tankers | - | - | 224.88 Mn | -10.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |