Teekay Tankers Ltd.
NYSE : TNK

Teekay Tankers Ltd.

May 02, 2011 13:14 ET

Teekay Tankers Announces First Quarter 2011 Earnings Results Conference Call

HAMILTON, BERMUDA--(Marketwire - May 2, 2011) - Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) plans to release its financial results for the first quarter of 2011 before market open on Thursday, May 12, 2011.

The Company also plans to host a conference call on Thursday, May 12, at 1:00 p.m. (ET) to discuss the results for the first quarter of 2011. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options:

  • By dialing (866) 322-2356 or (416) 640-3405, if outside North America, and quoting conference ID code 6221970.
  • By accessing the webcast, which will be available on Teekay Tankers' Web Site at www.teekaytankers.com (the archive will remain on the Web site for a period of 30 days).

A supporting First Quarter 2011 Earnings Presentation will also be available at www.teekaytankers.com in advance of the conference call start time.

The conference call with be recorded and available until Friday, May 20, 2011. This recording can be accessed following the live call by dialing (888) 203-1112 or (647) 436-0148, if outside North America, and entering access code 6221970.

About Teekay Tankers Ltd.

Teekay Tankers Ltd. was formed in December 2007 by Teekay Corporation (NYSE:TK) as part of its strategy to expand its conventional oil tanker business. Teekay Tankers owns a fleet of nine double-hull Aframax tankers and six double-hull Suezmax tankers, which an affiliate of Teekay Corporation manages through a mix of short-term fixed-rate time-charter contracts and spot tanker market trading. In addition, Teekay Tankers owns a VLCC newbuilding, scheduled to deliver in April 2013, through a 50 percent joint venture. Teekay Tankers intends to distribute on a quarterly basis all of its Cash Available for Distribution, subject to any reserves established by its board of directors.

Teekay Tankers' common stock trades on the New York Stock Exchange under the symbol "TNK".

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