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Stock impact report

Tanker companies ramp up as crude held in sea storage hits new record [Seeking Alpha]

Teekay Corporation Ltd. (TK) 
Last teekay corporation ltd. earnings: 2/21 03:25 am Check Earnings Report
US:NYSE Investor Relations: teekay.com/investors/teekay-corporation
Company Research Source: Seeking Alpha
Tanker stocks including Teekay Corp. (TK+20.6%TNK+20.5%NAT+19.1%Traders arestoring a record 160M barrels of oil on ships"This is an unprecedented time in the history of tankers and while VLCC tanker storage is garnering the headlines, smaller crude and product tankers are also being used for storage," says BTIG shipping analyst Gregory Lewis.Among other gainers in the broader group:GMLP+32.6%GLOG+29.3%STNG+18.6%FRO+12.7%GLNG+12.6%TNP+11.6%EURN+10.1%INSW+7.6%DLNG+5.9%TGP+2.9% Show less Read more
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