Teekay Tankers (TNK) Operating Expenses (2009 - 2026)
Teekay Tankers (TNK) reported Operating Expenses of -$10.4 million for Q1 2026, down 6.88% year-over-year from -$11.1 million in Q1 2025, and down 27954.05% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at -$10.4 million, down 6.88% year-over-year; the trailing twelve-month figure through Mar 2026 was -$41.6 million (down 173.68% YoY), and the FY2025 annual result was $241.0 million, down 7.72% from the prior year.
- Operating Expenses retreated to -$10.4 million in Q1 2026 per TNK's latest filing, 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.
- A 5-year average of -$11.9 million and a median of -$20.1 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 602.37% in 2024, then plunged 100.03% in 2025.
- A 5-year view of Operating Expenses shows it stood at -$20.4 million in 2022, then plunged by 30.82% to -$26.7 million in 2023, then jumped by 602.37% to $134.0 million in 2024, then sank by 100.03% to -$37000.0 in 2025, then slumped by 27954.05% to -$10.4 million in 2026.
- Business Quant data shows TNK's Operating Expenses at -$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 | 88.15 Bn | 88.85 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 12.50 Bn |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 3.38 Bn |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | -93.35 Mn |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 333.70 Mn |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 7.00 Mn |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 915.00 Mn |
| 10 | Teekay Tankers | 316,958.20 | -995.83 Mn | 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 |