Teekay Tankers Ltd. Reports Strong Third Quarter 2024 Results
Teekay Tankers Ltd. yesterday reported the Company’s results for the quarter ended September 30, 2024: Third Quarter of 2024 Compared to Second Quarter of 2024 GAAP net income and non-GAAP adjusted net income for the third quarter of 2024 decreased compared to the second quarter of 2024, primarily due to lower average spot tanker rates, a higher number of scheduled dry dockings and the redelivery of two chartered-in vessels, partially offset by the acquisition of one vessel. In addition, GAAP net income in the third quarter of 2024 included restructuring ...
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