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| Date | Value |
|---|---|
| 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 |