Teekay Tankers (TNK) Tax Provisions (2019 - 2026)

Teekay Tankers' (TNK) quarterly Tax Provisions came in at -$4.0 million in Q1 2026, down 950.85% year-on-year from $470000.0 in Q1 2025, and down 678.73% sequentially from $691000.0 in Q4 2025.

Teekay Tankers (TNK) Tax Provisions (2019 - 2026) Analysis & Trends

Teekay Tankers' Tax Provisions history runs 8 years deep, the most recent figure standing at -$4.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 950.85% year-over-year to -$4.0 million; the TTM figure through Mar 2026 stood at -$545000.0 (up 80.41% YoY), while the FY2025 annual figure was -$3.9 million, up 31.4% from the prior year.
  • Tax Provisions came in at -$4.0 million for Q1 2026 at Teekay Tankers, down from $691000.0 in the prior quarter.
  • Over five years, Tax Provisions peaked at $2.8 million in Q1 2024 and troughed at -$8.1 million in Q2 2023.
  • The 5-year median for Tax Provisions is $470000.0 (2025), against an average of -$435352.9.
  • The widest annual swing landed in 2023, when Tax Provisions plunged 1087.96%; it then surged 610.07% in 2025.
  • A 5-year view of Tax Provisions shows it stood at -$901000.0 in 2022, then slumped by 186.35% to -$2.6 million in 2023, then soared by 138.53% to $994000.0 in 2024, then tumbled by 30.48% to $691000.0 in 2025, then slumped by 678.73% to -$4.0 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$4.0 million in Q1 2026, $691000.0 in Q4 2025, and $2.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 428.04 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 287.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 22.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 135.00 Mn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 123.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 245.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 111.00 Mn
10 Teekay Tankers - - 224.88 Mn -4.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.00 Mn
Dec 31, 2025 691,000.00
Sep 30, 2025 2.33 Mn
Jun 30, 2025 432,000.00
Mar 31, 2025 470,000.00
Dec 31, 2024 994,000.00
Sep 30, 2024 -457,000.00
Jun 30, 2024 -3.79 Mn
Mar 31, 2024 2.85 Mn
Dec 31, 2023 -2.58 Mn
Sep 30, 2023 2.53 Mn
Jun 30, 2023 -8.12 Mn
Mar 31, 2023 -2.28 Mn
Dec 31, 2022 -901,000.00
Sep 30, 2022 -1.27 Mn
Jun 30, 2022 822,000.00
Mar 31, 2022 820,000.00
Dec 31, 2021 -291,000.00
Sep 30, 2021 674,000.00
Jun 30, 2021 2.12 Mn