Teekay Tankers released its performance update for the quarter ended March 31, 2026, with detailed operational and financial metrics provided in the company’s earnings presentation. While specific revenue and net income figures were not included in the announcement text, the release underscores ongoing focus on fleet utilisation and cost management.

The Board of Directors approved a fixed quarterly dividend of $0.25 per share and a special dividend of $1.00 per share, both payable June 2, 2026 to shareholders of record on May 26, 2026. This combined $1.25 per share payout reflects the company’s strong cash flow generation and commitment to returning capital.

Teekay Tankers operates a fleet of 33 double-hull tankers—14 Suezmax, 18 Aframax/LR2 and one VLCC—plus three time-chartered-in vessels. Ships are deployed through a mix of spot market trading and fixed-rate charters, complemented by a ship-to-ship transfer business serving the U.S. Gulf and Caribbean and managed marine services for government and energy clients.