Teekay

Vancouver, United States Founded: 1973 • Age: 53 yrs Acquired By Stonepeak Infrastructure Partners
Oil and gas storage and transportation services are provided.
Annual revenue $1.2B Latest available
Total funding - 6 rounds
Employees 2300 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Teekay

Teekay is a company based in Vancouver (United States) founded in 1973 was acquired by Stonepeak Infrastructure Partners in October 2021. It operates as a Managed Services and Professional Services. The company has 2,300 employees as of December 31, 2024. Teekay has completed 3 acquisitions, including OMC Outdoor, OMI Corp and Tanker Investments. Teekay offers products and services including Tankers, Commercial Management, Fuel Services, and Lightering & Ship-to-Ship Services. Teekay operates in a competitive market with competitors including Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.

  • Headquarter Vancouver, United States
  • Employees 2300 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Teekay Corporation Ltd.
  • Date of Incorporation 20 Jul, 1993
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.22 B (USD)
    -16.7
    as on Dec 31, 2024
  • Net Profit
    $133.77 M (USD)
    -11.2
    as on Dec 31, 2024
  • EBITDA
    $426.38 M (USD)
    -31.29
    as on Dec 31, 2024
  • Latest Funding Round
    $450 M (USD), Debt – Conventional

    May 23, 2019

  • Investors
  • Employee Count
    2300

    as on Dec 31, 2024

  • Investments & Acquisitions
    OMC Outdoor

    & 2 more

  • Acquired by
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IPO & Listings of Teekay

Teekay is a publicly listed company on the NYSE with ticker symbol TK in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: TK · Sector: Transportation · USA

Products & Services of Teekay

Teekay offers a comprehensive portfolio of products and services, including Tankers, Commercial Management, Fuel Services, and Lightering & Ship-to-Ship Services.

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Category locked
Primary

Tankers are operated for crude oil transportation globally.

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Commercial management services are provided for tanker operations.

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Fuel services are offered for maritime operational needs.

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Lightering services are delivered for ship-to-ship cargo transfer.

People of Teekay

Headcount 5000-10000
Employee Profiles 44
Board Members and Advisors 5
Employee Profiles
People
Frans Lotz
General Counsel, Secretary & Privacy Officer
People
Brody Speers
VP, Finance & Treasurer
People
Katty Wu Wu
Manager, Financial Advisory And Analysis
People
Simon Ng
Financial Systems Analyst

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Board Members and Advisors
people
Heidi Locke Simon
Director
people
David Schellenberg
Director
people
Rudolph Krediet
Director
people
Alan Semple
Director

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Funding Insights of Teekay

Investors in Teekay

Teekay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stonepeak.

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Institutional
Investor Description Founded Year Domain Location
Stonepeak is recognized as a leading alternative investment firm specializing in infrastructure and real assets.
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Investor details for Teekay

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Investments & Acquisitions by Teekay

Teekay has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include OMC Outdoor, OMI Corp and Tanker Investments.

Investments
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Investment portfolio details for Teekay

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Gold mining services are provided by Tanker Investments globally.
Locked Locked 2014 Locked
Air-actuated boat lifts are manufactured and serviced by OMC Outdoor.
Locked Locked 1992 Locked
International shipping of crude oil and refined products is provided.
Locked Locked 1968 Locked
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Complete acquisition details for Teekay

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Financial Statements - Teekay

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Detailed financials for Teekay

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Teekay Comparisons

Teekay Primary company
Description
Oil and gas storage and transportation services are provided...
Location
Vancouver, United States
Founded Year
1973
Annual Revenue
$1.22 B (USD)
Net Profit
$133.77 M (USD)
EBITDA
$426.38 M (USD)
Employees
2,300
As of 2024
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Peer comparison for Teekay

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Competitors of Teekay

Teekay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.

Company Name Domain Founded year HQ Location Description
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Shell is recognized as a global energy and petrochemical company.
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Energy production and transportation are conducted by Dominion Energy.
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Provider of exploration, production, and distribution services of oil & gas
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Gazprom is engaged in the exploration, production, and distribution of natural gas.
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Oil sands development, exploration, production, and refining are conducted.
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Electricity and natural gas distribution services are provided globally.
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Detailed competitors of Teekay

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Latest news on Teekay

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Complete news archive for Teekay

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Frequently Asked Questions about Teekay

Teekay was founded in 1973 and raised its 1st funding round 40 years after it was founded.

Teekay is headquartered in Vancouver, United States. It is registered at Vancouver, Washington, United States.

Kenneth Hvid is the current CEO of Teekay.

As of Dec 31, 2024, the latest employee count at Teekay is 2,300.

Annual revenue of Teekay is $1.22B as on Dec 31, 2024.

Teekay is involved in the operation of tankers for crude oil and other cargo transportation across global maritime routes. Services are extended to commercial management, fuel supply, and lightering or ship-to-ship transfers. The company operates in multiple sectors including energy transport, with a presence in various international markets such as Australia, Canada, and the United States. Solutions are tailored to meet the needs of government and commercial clients, ensuring efficient and sustainable maritime logistics.

Teekay's top competitors include Dominion Energy, Shell and Uniper.

Teekay offers Tankers, Commercial Management, Fuel Services, and Lightering & Ship-to-Ship Services.

Yes, Teekay is publicly traded on NYSE under the ticker symbol TK.

Teekay has made 3 acquisitions, including OMC Outdoor, OMI Corp, and Tanker Investments.

Teekay has 1 investor. Key investors include Stonepeak.

The ticker symbol of Teekay is TK on NYSE.

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