Earnings And Market RatesThe recommendation rating for Teekay Tankers is set as UNDERPERFORM with a price objective of $39 due to lower than expected earnings and seasonal market rates.
Geopolitical UncertaintyTNK is in unprecedented territory regarding geopolitical and trade route uncertainty, which will likely lead to volatility in 2025.
Sanctions And RegulationsConcerns remain about a potential influx of vessels if sanctions on Russia's fleet are lifted, impacting Teekay Tankers negatively.