Teekay Tankers (TNK) Tax Provisions (2009 - 2026)

Teekay Tankers (TNK) posted quarterly Tax Provisions of -$5.1 million for Q2 2026, down 1275.0% year-over-year from $432000.0 in Q2 2025, and down 26.93% quarter-over-quarter from -$4.0 million in Q1 2026.

Teekay Tankers (TNK) Tax Provisions (2009 - 2026) Analysis & Trends

Teekay Tankers (TNK) has reported Tax Provisions for 13 consecutive years, with -$5.1 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Tax Provisions fell 1275.0% year-over-year to -$5.1 million; the TTM figure through Jun 2026 stood at -$6.1 million (down 383.47% YoY), while the FY2025 annual figure was -$11.8 million, down 271.92% from the prior year.
  • Tax Provisions slipped to -$5.1 million in Q2 2026 per TNK's latest filing, from -$4.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $2.8 million in Q1 2024 and bottomed at -$8.1 million in Q2 2023.
  • Historically, Tax Provisions has averaged -$1.1 million across 5 years, with a median of -$679000.0 in 2022.
  • Annual changes were most pronounced in 2025 — Tax Provisions jumped 610.07% — and 2026, when it tumbled 1275.0%.
  • Teekay Tankers' Tax Provisions 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 tumbled by 834.59% to -$5.1 million in 2026.
  • Business Quant data shows TNK's Tax Provisions at -$5.1 million in Q2 2026, -$4.0 million in Q1 2026, and $691000.0 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 272.00 Mn
2 Enbridge 111.13 Bn 109.64 Bn 5.23 Bn 319.53 Mn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 12.00 Mn
4 Energy Transfer 72.53 Bn 71.50 Bn 7.40 Bn 194.00 Mn
5 Tc Energy 66.12 Bn 58.56 Bn 1.24 Bn 61.45 Mn
6 Mplx 60.19 Bn 59.16 Bn 2.73 Bn 2.00 Mn
7 Oneok 60.00 Bn 59.84 Bn 2.81 Bn 299.00 Mn
8 Targa Resources 59.13 Bn 59.00 Bn 2.14 Bn 227.20 Mn
9 Cheniere Energy 56.04 Bn 54.79 Bn 5.29 Bn 366.00 Mn
10 Teekay Tankers 3.09 Bn 1.78 Bn 312.20 Mn -5.08 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -5.08 Mn
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 -2.22 Mn
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