across its coverage universe by 2016 vs. 2013, led by shippers in the Dry Bulk and Oil trades. Initiated with Buy ratings: TNK +9.8% , CPLP +2.5% , DSX +2.8% , DRYS +5.5% , DLNG +2.4% , NNA +2.1% , SALT +0.8 %, SSW +1.3
By MTF Investing : Teekay Tankers is one of the better run tanker companies in the industry ..... year as it has begun to show some stock appreciation. Teekay Tankers Ltd. (NYSE: TNK ) operates in the oil tanker market shipping worldwide
and the company is now seeking for Russia's National Wealth Fund to buy Rosneft bonds. Roseneft already has net debt of $44.5B, mainly due to its $54B acquisition of oil company TNK -BP ( OTC:TNKBF ) last year. Post your comment!
Teekay Tankers (NYSE: TNK ): Q2 EPS of -$0.05 misses by $0.03 . Revenue of $44.43M (+2.2% Y/Y) beats by $0.5M . Press Release Post your comment!
and thus will not make or break BP’s ability to grow cash flows and shareholder distributions in the coming years. Whereas TNK -BP (the company ' s former joint venture in Russia) paid BP at least $1.4 billion in annual cash dividends during 2008
hand, the rights of minority shareholders can be of little concern. In early 2013, state-owned oil firm Rosneft purchased TNK -BP from majority shareholders which included BP and a consortium of Russian businessmen. However, this buyout was not extended
LONDON/MOSCOW, June 10 (Reuters) - A vehicle to reinvest nearly $14 billion earned by two Russian billionaires from their stake in TNK -BP will be headed by Jonathan Muir, who as the oil venture's...
compliance spending. Finally, BP outlined its reasons for investing $1 billion in Rosneft's IPO. This share purchase increases BP's rapport with Rosneft, paving the way for additional energy partnerships between Rosneft and TNK -BP.
generating operating cash flow of $30 billion to $31 billion in 2014 if oil is $100 per barrel (2011: $22.5 billion including TNK -BP). This is largely to be driven by the start-up of multiple new projects as well as rebounding volumes from legacy fields
this is possible is supported by other Russian players such as TNK -BP, which have proved returns can be world-class without ..... pretty sure Hess' Russian oilfields aren't nearly as good as TNK -BP's, but it still seems possible that Samara-Nafta