The global FPSO market is expected to grow to $46.2 billion by 2033, driven by increasing offshore exploration and production activities, particularly in deepwater and ultra-deepwater regions. However, the high initial capital expenditure required for FPSO projects remains a challenge.
Teekay Corporation Ltd. (TK)
Common Stock · Currency in USD · XNYS
Teekay Corp Ltd provides international crude oil marine transportation and other marine services. It also offers offshore oil production, storage, and offloading services, under long-term, fixed-rate contracts. The company has two primary lines of business: Marine services and tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.
Company Info
SIC—
Composite FIGI—
CIK0000911971
IPOJul 19, 1995
Sector—
Highlights
Market Cap$1.10B
EPS—
P/E Ratio—
Revenue—
Gross Profit—
Net Income—
Employees2,130
WSO86,778,532
Phone—
Websitehttps://www.teekay.com
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Teekay Corporation Ltd., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Teekay Corporation Ltd. (TK) has returned 41.60% so far this year and 121.78% over the past 12 months. Looking at the last ten years, TK has achieved an annualized return of 4.32%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
TK
1M-0.39%
6M54.30%
YTD41.60%
1Y121.78%
5Y31.89%
10Y4.32%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Teekay Corporation Ltd. (TK) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 13.79% | 28.09% | -11.20% | 4.52% | ||||||||
| 2025 | 2.00% | -7.63% | -0.61% | 9.74% | 17.52% | -2.94% | -13.25% | 13.10% | 17.89% | 0.62% | -7.29% | |
| 2024 | 24.34% | -16.90% | -4.34% | 31.06% | -8.75% | -3.67% | -2.35% | 12.33% | -8.62% | -12.87% | -8.82% | |
| 2023 | 6.35% | 27.61% | -1.28% | -7.68% | -0.71% | 7.86% | 8.12% | -3.75% | -4.19% | 13.57% | -2.82% | 4.38% |
| 2022 | -2.21% | 9.06% | -6.76% | 2.53% | 4.97% | -15.29% | 8.65% | 10.79% | 3.76% | 6.54% | 11.53% | 1.34% |
| 2021 | 8.85% | 26.69% | -2.44% | 11.11% | 2.48% | -20.90% | 1.00% | 21.19% | -4.58% | -5.95% | -7.92% | |
| 2020 | -33.46% | 4.57% | -14.82% | 18.47% | -18.84% | -18.64% | -0.83% | 7.14% | -11.86% | -21.43% | 33.52% | -10.04% |
| 2019 | 8.33% | 16.81% | -4.62% | 5.32% | -22.65% | 6.17% | 28.45% | -15.24% | 12.04% | 25.55% | -7.32% | 10.83% |
| 2018 | -13.38% | -6.29% | 5.89% | 10.25% | -9.32% | -3.49% | -9.01% | -2.02% | -0.30% | -2.36% | -33.48% | -28.78% |
| 2017 | 21.97% | -3.35% | -8.41% | -5.55% | -29.93% | 8.81% | 43.91% | -6.77% | -3.98% | -8.37% | 2.84% | 10.95% |
| 2016 | 32.70% | -5.40% | -30.71% | -12.68% | 18.14% | 7.98% | -15.85% | 17.24% | -1.35% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Teekay Corporation Ltd. (TK) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of TK compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Teekay Corporation Ltd. volatility is 2.89%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
News and Insights
HAMILTON, Bermuda, May 09, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended March 31, 2024.
HAMILTON, Bermuda, May 01, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the first quarter of 2024 before market open on Thursday, May 9, 2024.
HAMILTON, Bermuda, March 25, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2023 Sustainability Report, which can be accessed on the Teekay Group’s website by clicking here.
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HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2023.
HAMILTON, Bermuda, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the fourth quarter and annual 2023 before market open on Thursday, February 22, 2024.
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HAMILTON, Bermuda, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2023.
HAMILTON, Bermuda, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) plan to release their financial results for the third quarter of 2023 before market open on Thursday, November 2, 2023.