Teekay Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kenneth Hvid
- Full Time Employees
- 2,330
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- Belvedere Building Hamilton Bermuda HM 08
- IPO Date
- Jul 20, 1995
- CIK
- 0000911971
- Website
- teekay.com
- Similar Companies
- Business
- Teekay Corporation Ltd. provides crude oil marine transportation and other marine services worldwide. The company operates in two segments, Tankers and Marine Services; owns and operates a fleet of approximately 48 owned and chartered-in crude oil and refined product tankers, including suezmax, aframax, long range two (LR2), medium range and very large crude carrier vessels; offers ship-to-ship support services, tanker commercial management operation services, operational and maintenance marine services, and a full suite of ship-to-ship transfer services from turnkey lighterage to fender and hose rentals. Teekay serves energy and utility companies, oil traders, oil consumers, petroleum product producers, government agencies and other entities dependent upon marine transportation; maintains a global footprint with offices in Vancouver, Singapore, London and Houston; was founded in 1973 and is headquartered in Hamilton, Bermuda. In October 2024, the company changed its name from Teekay Corporation to Teekay Corporation Ltd.; agreed to sell its Australian operations, Teekay Australia, to Teekay Tankers Ltd. for $65 million in cash plus working capital adjustments and to transfer all remaining management service companies to Teekay Tankers, positioning Teekay Tankers as the sole operating platform within the Teekay Group; announced a new $40 million share repurchase program in September 2024 after nearly completing a prior $25 million program; declared special dividends alongside its quarterly results in 2024 and 2025; and reported senior management changes in August 2024.
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