Teekay Corporation Ltd. (TK) SEC Filings & Earnings Calls
EquiReason read 9 Teekay Corporation Ltd. SEC filings in the last 12 months. Latest: 6-K on 2026-07-31 — Teekay Corporation reports strong H1 2026 results: net income $379.8M vs $137.2M YoY; revenues $664.9M vs $463.3M YoY; significant improvement in income from operations to $368.0M .
Source: SEC EDGAR filings · read by EquiReason
- Market cap
- 1.3B
- Annual P/E
- —
- Dividend yield
- 6.7%
- 52-week
- —
- Next earnings
- 27 Oct, in 3 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
31 Jul 20266-KTeekay Corporation reports strong H1 2026 results: net income $379.8M vs $137.2M YoY; revenues $664.9M vs $463.3M YoY; significant improvement in income from operations to $368.0M from $124.0M.open
Figures in the filing · each found in the filing text
| Revenues · H1-2026 | $665M | +44% y/y |
| Income from operations · H1-2026 | $368M | +197% y/y |
| Net income attributable to shareholders of Teekay · H1-2026 | $117M | +249% y/y |
| Cash and cash equivalents · Q2-2026 | $791M | |
| Earnings per common share - basic · H1-2026 | $1.34 | +244% y/y |
Risks flagged
Tanker market cyclicality and spot rate volatility
“Revenue and earnings heavily dependent on spot tanker rates which are volatile and driven by global oil demand, geopolitical events, and fleet supply.”
Concentration in crude oil tanker segment
“Business primarily focused on mid-sized crude tankers (Suezmax and Aframax/LR2), making it vulnerable to shifts in crude oil trade patterns.”
29 Jul 20266-KTeekay reports strong Q2 2026: net income $69.5M ($0.79/share) vs $18.7M ($0.22/share) YoY; revenues $379.1M vs $232.2M YoY; Teekay Tankers record quarterly adjusted net income with Suezmax spot rates averaging $109,200/day.open
Figures in the filing · each found in the filing text
| Revenues · Q2-2026 | $379M | +63% y/y |
| Income from operations · Q2-2026 | $221M | +319% y/y |
| Net income attributable to shareholders of Teekay · Q2-2026 | $69M | +273% y/y |
| Earnings per common share - basic · Q2-2026 | $0.79 | +259% y/y |
| Suezmax spot rate · Teekay Tankers · Q2-2026 | $109200.00 | |
| Aframax/LR2 spot rate · Teekay Tankers · Q2-2026 | $74100.00 | |
| Cash and cash equivalents, and short-term investments (Teekay Parent) · Teekay Parent · Q2-2026 | $56M | |
| Cash dividends declared per common share · Q2-2026 | $1.00 | 0% y/y |
Guidance
Q3 2026 to-date Suezmax $104,800/day (44% booked); Aframax/LR2 $59,900/day (44% booked); fleet renewal plan with 2 newbuilding contracts ($190M) and 2 vessel sales ($138M)
Strong Q2 results with record tanker rates; Q3 to-date rates remain elevated though slightly below Q2 averages; fleet renewal plan indicates confidence in market outlook.
Risks flagged
Spot rate volatility and potential normalization
“Q3 2026 to-date Suezmax rates $104,800/day (down 4% from Q2 average) and Aframax/LR2 $59,900/day (down 19% from Q2 average) suggest potential softening”
Concentration in crude tanker market
“Business heavily dependent on crude oil tanker rates which are subject to global oil demand, OPEC+ decisions, and geopolitical factors”
28 May 2026SC 13D/AResolute Investments and Path Spirit file Amendment No. 15 to Schedule 13D, reporting a decrease in ownership percentage to 36.71% due to share dilution, with no change in intent or strategy.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-05-28 | 36.7% |
28 May 2026SC 13D/AResolute Investments and Path Spirit file Amendment No. 15 to Schedule 13D, reporting a decrease in ownership percentage to 36.71% due to share dilution, with no change in intent or strategy.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-05-28 | 36.7% |
13 Mar 202620-FAnnual report (20-F) filed for FY2025; no material event identified.open
Risks flagged
Geopolitical disruption risk
“War, terrorism and geopolitical tensions in the Middle East could have material adverse effects on the tanker industry.” · word for word
PFIC tax risk
“We forecast that there is a risk that we could become a PFIC in 2026 and may be a PFIC in future tax years.” · word for word
Spot market volatility risk
“The spot-charter market is highly volatile and fluctuates based upon tanker and oil supply and demand.” · word for word
18 Feb 20266-KQ4 2025 net income $35.0M vs $25.2M YoY; EPS $0.40 vs $0.29; fleet renewal with $141.5M acquisitions and $157.5M sales; regular dividend $0.25/share declared.open
Figures in the filing · each found in the filing text
| Revenues · Q4-2025 | $258M | +0% y/y |
| Income from operations · Q4-2025 | $110M | +56% y/y |
| Net income attributable to shareholders of Teekay · Q4-2025 | $35M | +39% y/y |
| Earnings per common share · Q4-2025 | $0.40 | +38% y/y |
| Cash and cash equivalents and short-term investments (Teekay Parent) · Teekay Parent · Q4-2025 | $120M | -35% y/y |
| Market value of investment in Teekay Tankers · Q4-2025 | $569M | +34% y/y |
| Number of outstanding common shares · Q4-2025 | 86,056,804 | +2% y/y |
Risks flagged
Fleet renewal involves significant capital outlay and execution risk.
“acquired three 2016-built Aframax tankers for $141.5 million and bareboat chartered the vessels back on short-term contracts with expected redelivery dates” · word for word
Parent cash declined YoY due to dividends and working capital changes.
“Cash and cash equivalents, and short-term investments 120,165 vs 183,443” · word for word
29 Oct 20256-KQ3 2025 net income $29.6M vs $20.1M YoY; EPS $0.34 vs $0.22; fleet renewal completed; regular dividend $0.25/share declared; special dividend $1.00/share paid.open
Figures in the filing · each found in the filing text
| Revenues · Q3-2025 | $228M | -16% y/y |
| Income from operations · Q3-2025 | $69M | +33% y/y |
| Net income attributable to shareholders of Teekay · Q3-2025 | $30M | +47% y/y |
| Earnings per common share · Q3-2025 | $0.34 | +55% y/y |
| Cash and cash equivalents and short-term investments (Teekay Parent) · Teekay Parent · Q3-2025 | $112M | -39% y/y |
| Market value of investment in Teekay Tankers · Q3-2025 | $538M | +27% y/y |
| Number of outstanding common shares · Q3-2025 | 85,269,031 | +1% y/y |
Risks flagged
Parent cash declined significantly due to special dividend payment.
“Teekay Parent's cash position decreased compared June 30, 2025, primarily due to payment of a one-time cash special dividend of $1.00 per outstanding common share of Teekay Corporation for a total of $85.3 million” · word for word
Revenue declined YoY, indicating potential demand or rate pressure.
“Revenues 228,485 vs 272,619”
Teekay Corporation Ltd. — questions
- What did Teekay Corporation Ltd. file recently?
- 9 SEC filings in the last 12 months. Latest: 6-K on 2026-07-31 — Teekay Corporation reports strong H1 2026 results: net income $379.8M vs $137.2M YoY; revenues $664.9M vs $463.3M YoY; significant improvement in income from operations to $368.0M from $124.0M.
Every figure on this page comes from Teekay Corporation Ltd.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.