Teekay Tankers Ltd.

NYSE : TNK


Teekay Tankers Ltd.

February 12, 2013 16:10 ET

Teekay Tankers Announces Fourth Quarter and Fiscal 2012 Earnings Results Conference Call

HAMILTON, BERMUDA--(Marketwire - Feb. 12, 2013) - Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) plans to release its financial results for the fourth quarter and fiscal year 2012 before market open on Thursday, February 21, 2013.

The Company also plans to host a conference call on Thursday, February 21, 2013 at 1:00 p.m. (ET) to discuss the results for the fourth quarter and fiscal year 2012. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options:

  • By dialing 1-800-711-9538 or 416-640-5925, if outside North America, and quoting conference ID code 4846815.
  • By accessing the webcast, which will be available on Teekay Tankers' website at www.teekaytankers.com (the archive will remain on the website for a period of 30 days).

A supporting Fourth Quarter and Fiscal Year 2012 Earnings Presentation will also be available at www.teekaytankers.com in advance of the conference call start time.

The conference call will be recorded and available until Thursday, February 28, 2013. This recording can be accessed following the live call by dialing 1-888-203-1112 or 647-436-0148, if outside North America, and entering access code 4846815.

About Teekay Tankers Ltd.

Teekay Tankers currently owns a fleet of 11 double-hull Aframax tankers, 10 double-hull Suezmax tankers, three MR product tankers, and three LR product tankers, and charters in two additional Aframax tankers, which an affiliate of Teekay Corporation (NYSE:TK) manages through a mix of short- or medium-term, fixed-rate time-charter contracts and spot tanker market trading. In addition, the Company owns a VLCC newbuilding, through a 50 percent joint venture which is scheduled to deliver in April 2013. Teekay Tankers Ltd. was formed in December 2007 by Teekay Corporation as part of its strategy to expand its conventional oil tanker business. Since inception, Teekay Tankers has distributed on a quarterly basis all of its Cash Available for Distribution, less scheduled principal payments related to the Company's debt facilities and reserves for estimated dry docking costs and other 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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