February 13, 2012
HAMILTON, BERMUDA–(Marketwire – Feb. 13, 2012) – Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) plans to release its financial results for the fourth quarter and fiscal year 2011 before market open on Thursday, February 23, 2012.
The Company also plans to host a conference call on Thursday, February 23, 2012 at 1:00pm (ET) to discuss the results for the fourth quarter and fiscal year 2011. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options:
- By dialing (800) 711-9538 or (416) 640-5925, if outside North America, and quoting conference ID code 4754557.
- 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 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 Thursday, March 1, 2012. 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 4754557.
About Teekay Tankers
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, and in-charters an additional two Aframax tankers, all of which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate time-charter contracts and spot tanker market trading. In addition, Teekay Tankers owns a VLCC newbuilding, through a 50 percent joint venture which is scheduled to deliver in April 2013. 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”.